In the Bay Area, $117,400 is considered 'low income'

[Political Junky]

Just had to post this .. unreal.

In the Bay Area, $117,400 is considered 'low income'

SAN FRANCISCO (KRON) - It’s no secret that the Bay Area is an expensive place to live.

But now it’s become so expensive that a six-figure salary is considered “low income,” according to a report by the U.S. Department of Housing and Urban Development.

The annual report says a family of four in San Francisco, San Mateo and Marin counties that earn less than $117,400 are "low income."


This means they qualify to live in low-income housing projects.

$73,000 is considered “very low income” in those counties.

To most Bay Area residents, these numbers aren’t shocking considering the the high cost of living.

In March, the median home price in the Bay Area hit a record high at $820,000, according to CoreLogic.

In San Francisco County, the median home price hit $1,087,599, making it the most expensive housing market in California.

To make you feel even more poor, a Palo Alto estate hit the market Tuesday for $96.8 million.

 

[TroglocratsRdumb]

a limited supply keeps the prices high, CA is nice, but it's not that nice

 

[Billy_Kinetta]

$7,988,000 in San Francisco. Turds extra.

$499,000 in Culpeper, VA

 

[shockedcanadian]

I remember when I was in Texas and I asked a guy how much a particular house might cost, this was about 15 years ago, he told me $300k and I was floored. It was a near mansion. In Toronto it would have gone for 4-5 Mill easily even then.

 

[OnePercenter]

$7,988,000 in San Francisco. Turds extra.

$499,000 in Culpeper, VA

Who wants to live in Culpeper Virginia?

 

[OnePercenter]

I remember when I was in Texas and I asked a guy how much a particular house might cost, this was about 15 years ago, he told me $300k and I was floored. It was a near mansion. In Toronto it would have gone for 4-5 Mill easily even then.

Who the hell wants to live in Texas?

 

[shockedcanadian]

I remember when I was in Texas and I asked a guy how much a particular house might cost, this was about 15 years ago, he told me $300k and I was floored. It was a near mansion. In Toronto it would have gone for 4-5 Mill easily even then.

Who the hell wants to live in Texas?

Not you apparently.

 

[bodecea]

$7,988,000 in San Francisco. Turds extra.

$499,000 in Culpeper, VA

Supply and Demand. More demand in San Francisco. That's how capitalism works. Sounds like some here want rent/mortgage control.

 

[fncceo]

Location, location, location.

 

[Bush92]

Just had to post this .. unreal.

In the Bay Area, $117,400 is considered 'low income'

SAN FRANCISCO (KRON) - It’s no secret that the Bay Area is an expensive place to live.

But now it’s become so expensive that a six-figure salary is considered “low income,” according to a report by the U.S. Department of Housing and Urban Development.

The annual report says a family of four in San Francisco, San Mateo and Marin counties that earn less than $117,400 are "low income."


This means they qualify to live in low-income housing projects.

$73,000 is considered “very low income” in those counties.

To most Bay Area residents, these numbers aren’t shocking considering the the high cost of living.

In March, the median home price in the Bay Area hit a record high at $820,000, according to CoreLogic.

In San Francisco County, the median home price hit $1,087,599, making it the most expensive housing market in California.

To make you feel even more poor, a Palo Alto estate hit the market Tuesday for $96.8 million.

What does it cost for a gallon of milk...$14.00?

 

[Indeependent]

Just had to post this .. unreal.

In the Bay Area, $117,400 is considered 'low income'

SAN FRANCISCO (KRON) - It’s no secret that the Bay Area is an expensive place to live.

But now it’s become so expensive that a six-figure salary is considered “low income,” according to a report by the U.S. Department of Housing and Urban Development.

The annual report says a family of four in San Francisco, San Mateo and Marin counties that earn less than $117,400 are "low income."


This means they qualify to live in low-income housing projects.

$73,000 is considered “very low income” in those counties.

To most Bay Area residents, these numbers aren’t shocking considering the the high cost of living.

In March, the median home price in the Bay Area hit a record high at $820,000, according to CoreLogic.

In San Francisco County, the median home price hit $1,087,599, making it the most expensive housing market in California.

To make you feel even more poor, a Palo Alto estate hit the market Tuesday for $96.8 million.

The same is true in many areas in Nassau County.
It's called, "Get an education.".

 

[Bush92]

Cost of living is higher. This is what fucks it up for rest of America when these dipshits areway overpaid. What the fuck does a goddamn Big Mac cost? $20.00?

 

[Bush92]

I remember when I was in Texas and I asked a guy how much a particular house might cost, this was about 15 years ago, he told me $300k and I was floored. It was a near mansion. In Toronto it would have gone for 4-5 Mill easily even then.

Who the hell wants to live in Texas?

Hard working people who love America.

 

[Indeependent]

Cost of living is higher. This is what fucks it up for rest of America when these dipshits areway overpaid. What the fuck does a goddamn Big Mac cost? $20.00?

$19.95.

 

[Bush92]

$7,988,000 in San Francisco. Turds extra.

$499,000 in Culpeper, VA

Turds in driveway extra for San Francisco...too funny!

 

[Bush92]

$7,988,000 in San Francisco. Turds extra.

$499,000 in Culpeper, VA

Who wants to live in Culpeper Virginia?

Decent people who don’t want Gay Pride parades in front of their children.

 

[Billy_Kinetta]

$7,988,000 in San Francisco. Turds extra.

$499,000 in Culpeper, VA

Supply and Demand. More demand in San Francisco.

I don't know why. Turds can be found at any local gas station restroom anywhere.

 

[Bush92]

$7,988,000 in San Francisco. Turds extra.

$499,000 in Culpeper, VA

Supply and Demand. More demand in San Francisco.

I don't know why. Turds can be found at any local gas station restroom anywhere.

In San Francisco the birds complain about the people.

 

[Billy_Kinetta]

I remember when I was in Texas and I asked a guy how much a particular house might cost, this was about 15 years ago, he told me $300k and I was floored. It was a near mansion. In Toronto it would have gone for 4-5 Mill easily even then.

Who the hell wants to live in Texas?

Who the hell wants to live in San Francisco? Stinky ...

 

[skye]

I remember when I was in Texas and I asked a guy how much a particular house might cost, this was about 15 years ago, he told me $300k and I was floored. It was a near mansion. In Toronto it would have gone for 4-5 Mill easily even then.

Who the hell wants to live in Texas?

Who?

Unfortunately, all liberals lunatic Left who is leaving California.

That's who

Now they want to pollute Texas.