New homes...

So today may be a day for two posts. I wrote one earlier, but it turned out to be a flop… I mean who wants to hear about a crazy stalker I had when I was in high school. So I think I will try to focus on the present. I have been thinking a lot about this moving idea. I wish the California real-estate market was not so outrageous. I mean we have some amazing scenery and oceans, but the prices for houses are crazy. I got in early where I am, but for me to move I would want to buy a second house in my relocation city. Now I can rent my house out for enough to cover the mortgage, but I still cannot believe the prices they are getting down in the city. I mean it is hard to find a house for under 8-9 hundred thousand. To me this seems to be too much. And I think that I could get something out in the hills and commute but I hate traffic. So is this a situation that is going to get any better? No probably not. Even if the so called “housing bubble” pops there are still more people who want to buy in our wonderful coastal state then there are properties for them.
Now I realize any additional income I will earn from working in a big city will more then cover this additional housing expense. But does that make it right? I mean the payment on a million dollar house is close to $6000. The added income will be used up quite quickly when making a payment such as this. Now lets say I move away from the coast to let say Texas, or Kansas, now I could buy a house with property for 6 months of payments on a California city house payment… Crazy.. Now if I could find the city type job in an area like Texas or Kansas…. I could spend the money to travel to the ocean every weekend and save money…