Re: The Decline of the Middle Class

On Mon, 13 Jun 2005 20:58:13 -0400, "Dan in Philly" <djr8@xxxxxxx> wrote:

>"Jim Blair" <jeb@xxxxxxxx> wrote in message
>
>> Some complain that people now "can't afford to buy a house". But the
>> fraction that now does own or is buying a house is at its historic all
>> time
>> high.
>
>There's often stories about housing in the San Francisco Bay Area, how
>hardly anyone can afford a home, etc. But last time I was there I drove from
>the bay area to the Sierras, and there is a whole lot a building going on in
>the Central Valley (a couple hours from SF). Tracy, Manteca, Oakdale: those
>used to be tiny hick towns, now they're sprawling communities. Thanks to
>cheap homes.
>
>Dan in Philly

I'm here. You wanna commute two hours each way? Good. You can
work here in Silicon Valley and live in Patterson. My secretary and
husband tried it. Then they moved into a shared mobile home here
because the commute was impossible. Article in the San Jose paper
the other day about guys *flying* into the valley once a week so they
could live elsewhere.

Imagine a "worker" -- non-union of course (it's 2005) -- buying a
$500,000 house here. Good imagination or good bankruptcy.

Wanna buy my house? I'll move to the Central Valley -- but I don't
commute any more.

Mason c
>

.

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