Let's go a step further. Who is being greedy? 80% of San Diego is zoned for Single Family only. That means everyone who can't afford a million dollar house is competing for cheaper housing on the 20% of land left over. The greedy ones are the single family homeowners who have benefited from exclusionary policies through increased home value due to scarcity. We need to abolish Exclusionary Zoning.
Zillow is a scam that artificially inflates home values and rents by buying, selling, and renting homes at inflated prices. Part of their scam is to buy a bunch of homes as cheap as possible in a subdivision and then they will buy a couple at a ridiculously high price to then drive up the values of the homes they bought super cheap.
80% of San Diego is zoned single family only which effectively bans low-cost homes there. It's no wonder San Diego is unaffordable when it bans affordable homes on almost all of its land.
@@robertmatthews2009 How you say ,how about the individual who owns 3-10 houses that uses them for rental only instead of freeing up for families that actually need permanent housing ,you might say its an investment but they're actually hurting the economy
Correct, i saw the door closing in 2021 at 1.5% and i jumped on it, knew it wouldnt last...now those who own are locked down and those who havent owned...will not own
And San Diego has also been affecting other cities outside of America. 100s of former San Diego residents have been moving to cities in Baja California which have made the rent prices in places like Tijuana to jump from monthly rents of 350 USD 5 years ago to almost 700 USD a month now, that’s a double increase rent in half a decade thanks to Americans moving in constantly especially from San Diego.
@MoneySavingVideos how do you know he will sleeping in a tent?😂 He is right tho. Winters are harsh and that is becoming Tornado 🌪 alley. Many Americans are relocating to severely climate risk adverse regions. You might be trading off a set of problems to inherent a new set of problems.
Please look up the definition of unaffordable. Listings in the San Diego area start at $925k. They go on the market for 3 days and are sold for over asking. Unaffordable is when you list a home an no one comes a knockin on your door.
And you still have to stress about paying the goddamn property tax after buying your house now, it's 1.1% of the price that you pay to buy your house. It's a big drag about owning a home and yes it is.
There is a reason SD is expensive, it's probably one of the top 3 desirable cities in the states. Perfect weather! Sure, you can buy so much more home in Texas or Alabama but get ready to run your AC 4 months STRAIGHT! We get hot in S. CA also BUT we cool down in the evening. I was at a baseball game in Arlington, TX in the summer. 10PM and the scoreboard read 92 degrees! No thanks!
Drive on any road in San Diego: 95% of drivers use air conditioning year-round. Most homes "need" AC for 2-3 months. Unless you're homeless, the comfortable weather really doesn't play a significant role in deciding where to live in 2020s. Everyone is addicted to AC and indoor computer work anyway.
@@10MM-MAGAMAN-420 Don't need to. Everyone (including Mexicans) are coming to SD in unprecedented numbers. Leave CA while you can. I did and never looked back twice (and no I didn't flee to FL, AZ, or TX like everyone and their mother is doing).
As a USN veteran, our benefits won’t even help me in this city. I’d love to buy, but a million dollars for an elderly home in Logan is insane. HOA is a no go.
San Diego has been my version of paradise for 51 years and still is. The world’s best climate and things to do. Cars last longer, cheaper clothes, etc and lots of tax breaks, especially on RE. Plus, great colleges and universities and high paying tech and professional jobs. The county is the size of Connecticut and can find any kind of lifestyle and geography - costal, urban, suburban, mountain and desert. Biggest savings is no need to vacation outside of CA.
Funny judo flip: Cars last longer in CA, but the government plans to be the first state to ban old cars. That's a perfect case study on what it means to live in CA.
@@goodcarma9659 Sorry…”Critically, the Golden State's EV mandate will neither ban used ICE vehicle sales nor ownership. So residents can keep driving their gas-burning models, including classic cars.” EV’s have less parts , so, likely they’ll last even longer. Many prefer to live in the past, so, there’s even room for them in CA.
Annex tijuana. Tijuana is becoming a suburb of san diego. My uncle lives in san diego and works in tijuana he told me that so many are moving to tijuana and commuting to san diego cause the rents are under $300.
@@goodcarma9659 actually is not. It's a lot easier than the US as long as you crossover into the US one time every six months your time in mexico resets but since your crossing every day into San Diego it resets. I'm not saying to become a citizen but you sure can live in mexico without residency or citizenship.
I left San Diego over 2 years ago and had to move back with my parents in northern California because my rent went from 1600-2200 in one year from rent price hike....
Yeah, when people from the Bay Area look around for a cheaper alternative within California, San Diego is right at the top of the list. Homes are half the price and incredibly affordable.
add in Air bnb stock? add in overseas/local buy for vacation homes? add in corporate buy ups? All eliminate stock, increasing the value while decreasing the stock supply.
You people need community unity ,, like where I live the people run the county .. no topless bars ,, no weed stores ,, no pain management doctors ..if you break the law you sit 6 months before a plea and work on the side of the street in chains,, you can carry a gun .. leave your door open and unlocked everyone knows everyone so stranger's beware,, our children is this community's wealth protected by all
“All get a loan for 0% for 500k”… that’s how we got here! When paper currency isn’t worth anything, the cheapest/dirtiest/nastiest house you will find is 500k. No one wants to live in that house! Now for something decent, you have to spend a million… not learning our lessons from History I see!!!
San Diego is ridiculously overpriced. House prices, over priced rent, along with everything else. The worst part is the pay doesn't align with the cost to live here. Bye bye San Diego I'm leaving.
That's actually spot on. I mean, interest was very high in 1987 but at least you could refinance later. There's almost no refinancing going on right now.
Not enough homes due to exclusionary zoning which bans low-cost housing on 80% of the city's land. That's a city imposed rule. That 80% of the land can't have affordable housing on it. Why are we even looking anywhere else. Clearly that's the root of the problem.
What happened to starter homes Working your way up and buying a new house These kids go straight from college with that into a brand new house that cost for 500,000 Sorry, college years don’t count as your struggle years. Those are for development of your skills so you can struggle for a few years. Before you get the payoff instead of struggling for decades. But you are not owed A new house in your favorite city just because you went to college in fact to pay off your loans first
Who in the hell are buying these small, 1200 sqft 1950’s homes in SD for almost a mil or more?? It’s outrageous, Wealthy Chinese or what? Because the average everyday San Diegan sure isn’t able to do so unless they are loaded with cash money. With everything else in SD being astronomically expensive, it comes to a point where your sanity and common sense has to take over and make you wonder “Yup it’s time to move out of SD”. Or else you’re never going to be able to get ahead. San Diego is just going to have a bunch of old people in the city that have owned their homes for decades, since all the younger folks are leaving the state in droves since they cannot afford to start a family and buy a home here anymore. This is not sustainable at all, and we wonder why so many people are literally broke n poor here and are forced to live with roommates, friends or family for their rest of their lives in SD unless they are making way over $100k a year and are single with no kids . I plan on moving out of SD to Vegas this fall to escape this ridiculously expensive overpriced, over hyped shit hole that’s more like “Americas Filthiest City” that’s full of bums, crime and jobs/companies that pay way less than most major cities do. It’s time to move folks, let’s go! 👌👍
San Diego is becoming ridiculously unaffordable to the point people are living in their cars. We don’t want to leave our beautiful city and the only place we know, they cannot force people to leave. California will only turn into a shihole.
The real estate is mental game. this kind of media or agent will make the market as bull. Once any kind of bear boom comes, it will be a kind of domino. Funny she says the same thing all the time - see the reality and hire the professional. lol
Its really not though. It, like most of California has been run into the ground with high taxes, regulations, etc. but the actual city is perfect for nice weather year round it’s unreal
What happened in America for anyone to afford anything. What job do they do? He says he lives at home , what about a job? It’s all so secretive and strange.
@@mylifebelike2112 He's single and mid twenties and living in San Diego. I have heard of people married with good jobs and educated getting denied. It takes a few years good income and saving so I think it was mom and dad and second mortgage making the difference.
@@mylifebelike2112 The criteria for home loans are more than good employment it also requires length of employment. He just graduated. Try again Hunny Bunny.
A lot more homeless coming. Homeless is the product of the state and locaL and federal government. Many Middle class are one paycheck away from being homeless.
Name a country with a similar standard of living as the US where inflation didn't happen. Oh right, there were none. Even right wing countries experienced inflation, like the UK, which is completely run by their conservative party and the inflation was WORSE.
You have to be a masochist to pay that kind of money to live in ... of all places ... California. But I do not want to encourage Californians to leave ... PLEASE stay right where you are.
You're dreaming. They both suck and don't give a rats. Billionaires care about Billionaires They are both different sides of the same coin playing the stupid masses.
Rent and home prices were just as bad under trump than with Biden now, this has been a problem since the late 90s, that was the last decade where owning a home was possible.
You've missed the problem entirely so you're scapegoating something at random. 80% of San Diego is zoned single family only which effectively bans low-cost homes there. The city is unaffordable because it bans affordable homes on almost all of its land.
Why aren't we reporting the real problem? GREED.
Because that would be reporting facts. And local news stations are only interested in 💩
Let's go a step further. Who is being greedy? 80% of San Diego is zoned for Single Family only. That means everyone who can't afford a million dollar house is competing for cheaper housing on the 20% of land left over. The greedy ones are the single family homeowners who have benefited from exclusionary policies through increased home value due to scarcity. We need to abolish Exclusionary Zoning.
@@mariusfacktor3597 Bingo!
@@mariusfacktor3597 They are already running motels out of their single family homes so So much for zoning .
San Jose has not been affordable in 45 years
San Jose is very affordable, just not for you.
Isn't it the same thing with Santa Cruz??
special , silicon valley
Five years ago we cleared $475K on our ex-home in East County. It now Zillows @ $920K. Just imagine the tax bill.
Zillow is a scam that artificially inflates home values and rents by buying, selling, and renting homes at inflated prices. Part of their scam is to buy a bunch of homes as cheap as possible in a subdivision and then they will buy a couple at a ridiculously high price to then drive up the values of the homes they bought super cheap.
Ban vacation rentals
More like ban big banks and biz from buying all the land and property. That’s what is really driving up the prices
80% of San Diego is zoned single family only which effectively bans low-cost homes there. It's no wonder San Diego is unaffordable when it bans affordable homes on almost all of its land.
Greed is pricing people out of their homes
How?
@@robertmatthews2009 How you say ,how about the individual who owns 3-10 houses that uses them for rental only instead of freeing up for families that actually need permanent housing ,you might say its an investment but they're actually hurting the economy
@@ec5423 Are you saying there should be no rental units available for those who need them? Isn't that landlord providing for those who do?
@@robertmatthews2009 As long as he's not greedy charges affordable rent and doesn't raise the rent then it's fine.
If you don't already own a home you probably won't ever. The people who own a home are better off staying in it, keep ing that low interest payment.
Correct, i saw the door closing in 2021 at 1.5% and i jumped on it, knew it wouldnt last...now those who own are locked down and those who havent owned...will not own
Im just waiting till the government collapses...then im getting tf outta here
San Diego needs to relinquish the "America's Finest City. That doesn't apply. The city and much of the county is a cash vacuum cleaner.💯
This place is dirty, trash everywhere
And San Diego has also been affecting other cities outside of America. 100s of former San Diego residents have been moving to cities in Baja California which have made the rent prices in places like Tijuana to jump from monthly rents of 350 USD 5 years ago to almost 700 USD a month now, that’s a double increase rent in half a decade thanks to Americans moving in constantly especially from San Diego.
Indiana home prices average $166,000. Time to move.
Enjoy the snow and the tornadoes!
@@shelleycharlesworth5177 And enjoy living in a tent while working
@MoneySavingVideos how do you know he will sleeping in a tent?😂 He is right tho. Winters are harsh and that is becoming Tornado 🌪 alley. Many Americans are relocating to severely climate risk adverse regions. You might be trading off a set of problems to inherent a new set of problems.
I needed that laugh… that was good
Believe me no one actually wants to live in the central states. They are merely stuck there. With nothing to do
It's quite affordable if you are a wealthy speculator!
Please look up the definition of unaffordable. Listings in the San Diego area start at $925k. They go on the market for 3 days and are sold for over asking. Unaffordable is when you list a home an no one comes a knockin on your door.
I can’t wait to see the follow up where he loses that home before he can even get it in contract.
No ones actually hiring in San Diego either
Homeless sounds good to me.
Well if Tannenberg loses his job or any mishap occurs I hope his parents can cover him. It's only getting worse out here....
5 of the top 10 most expensive cities to live in are all in the US 😂
Don't rent in Coronado.
And you still have to stress about paying the goddamn property tax after buying your house now, it's 1.1% of the price that you pay to buy your house. It's a big drag about owning a home and yes it is.
1:30 just rent thats already close to a mortgage payment.
This is robbery something has to be done
That realtor is full of it. BS Seller's and realtors need to get realistic. These prices are not realistic.
There is a reason SD is expensive, it's probably one of the top 3 desirable cities in the states. Perfect weather!
Sure, you can buy so much more home in Texas or Alabama but get ready to run your AC 4 months STRAIGHT!
We get hot in S. CA also BUT we cool down in the evening. I was at a baseball game in Arlington, TX in the summer. 10PM and the scoreboard read 92 degrees! No thanks!
Drive on any road in San Diego: 95% of drivers use air conditioning year-round. Most homes "need" AC for 2-3 months. Unless you're homeless, the comfortable weather really doesn't play a significant role in deciding where to live in 2020s. Everyone is addicted to AC and indoor computer work anyway.
San Diego is way overrated.
@@1SmokingLizard Accurate
@@1SmokingLizardwell I haven't been outside San Diego much but if this is as good as it gets I'm going back to Mexico
@@10MM-MAGAMAN-420 Don't need to. Everyone (including Mexicans) are coming to SD in unprecedented numbers. Leave CA while you can. I did and never looked back twice (and no I didn't flee to FL, AZ, or TX like everyone and their mother is doing).
As a USN veteran, our benefits won’t even help me in this city. I’d love to buy, but a million dollars for an elderly home in Logan is insane. HOA is a no go.
San Diego has been my version of paradise for 51 years and still is. The world’s best climate and things to do. Cars last longer, cheaper clothes, etc and lots of tax breaks, especially on RE. Plus, great colleges and universities and high paying tech and professional jobs. The county is the size of Connecticut and can find any kind of lifestyle and geography - costal, urban, suburban, mountain and desert.
Biggest savings is no need to vacation outside of CA.
Funny judo flip: Cars last longer in CA, but the government plans to be the first state to ban old cars. That's a perfect case study on what it means to live in CA.
@@goodcarma9659 Sorry…”Critically, the Golden State's EV mandate will neither ban used ICE vehicle sales nor ownership. So residents can keep driving their gas-burning models, including classic cars.”
EV’s have less parts , so, likely they’ll last even longer. Many prefer to live in the past, so, there’s even room for them in CA.
Tell me something that I don't know.
Annex tijuana. Tijuana is becoming a suburb of san diego. My uncle lives in san diego and works in tijuana he told me that so many are moving to tijuana and commuting to san diego cause the rents are under $300.
Nah. /
Hilariously enough, it's difficult to get citizenship rights in Mexico hahahaha
@@goodcarma9659 actually is not. It's a lot easier than the US as long as you crossover into the US one time every six months your time in mexico resets but since your crossing every day into San Diego it resets. I'm not saying to become a citizen but you sure can live in mexico without residency or citizenship.
People are complaining but keep buying 😂😂😂
As opposed to what? Good solution offer.
Wealthy speculators and international buyers have more than enough to make it. The average resident is not
I left San Diego over 2 years ago and had to move back with my parents in northern California because my rent went from 1600-2200 in one year from rent price hike....
San Diego has been unaffordable my whole life. I had been trying to buy a home in San Diego since 1980s, but could never afford it.
It’s the older people
Yeah, when people from the Bay Area look around for a cheaper alternative within California, San Diego is right at the top of the list. Homes are half the price and incredibly affordable.
What plan do any media companies have to change it
What plan do any dry cleaners have to change it?
Sad
Here are some tips for the 25 year old: Get a job and then move away from San Diego, problem solved. You are welcome.
expenses are double or triple what you could rent it for with 30% down payment. The market needs a correction.
Not gonna happen 🙅🏽♂️
@@SIGNALFREQ then you should go buy a house the gov is now going to back second mortgages
Apple moved to Sandiego and still they are hiring. There are not enough affordable homes in Sandiego to buy.
It's those high-paid tech workers who are pushing housing prices way up.
Unaffordable housing model homeless agency shelter management REMIX😢
wtf this guy is 25 and thinks he needs a house in SD lol
What's wrong with that
@@sierrasix4068 how many 25 year olds do you know today that own a home?
@@mhaas281 that's not my question
dude lives at home rent free and complaining he is better off then most save up for a few years and buy a condo
I got my first home in 2009. At 25 years old. In north phx.
Go someplace else. There are plenty of affordable houses in this country
DC area, specifically PG county MD, has low cost renovated housing with access to more high income jobs.
America the last
add in Air bnb stock? add in overseas/local buy for vacation homes? add in corporate buy ups? All eliminate stock, increasing the value while decreasing the stock supply.
Taxes at 1.1% AND similar amount “Development Fees” bring our “ taxes” to $21,000/year. OUCH ,
SF , LA , OC , SD are all insanely expensive. You can try to buy a condo and build equity for 2-3yrs. Then try to use equity to jump to a house.
That’s the dumbest idea ever.
Ryan isn’t getting call back because of his choice of shirts.
He can purchase his parents home smh
They forgot Mumbai, Taipei, Beijing, Shanghai and Banglore.
Im 29 n can't buy shit
You people need community unity ,, like where I live the people run the county .. no topless bars ,, no weed stores ,, no pain management doctors ..if you break the law you sit 6 months before a plea and work on the side of the street in chains,, you can carry a gun .. leave your door open and unlocked everyone knows everyone so stranger's beware,, our children is this community's wealth protected by all
My question is who is chosing to rent on coronado Island? ID hate crossing that bridge daily and for $3,800 is like renting a cash shredding machine.
It’s actually close to downtown. And there’s a little boat that you can take if you want to ride your bike or walk
A cash shredding machine is just a regular shredding machine lol
They are just putting cash in a shredding machine. At that point
“All get a loan for 0% for 500k”… that’s how we got here! When paper currency isn’t worth anything, the cheapest/dirtiest/nastiest house you will find is 500k. No one wants to live in that house! Now for something decent, you have to spend a million… not learning our lessons from History I see!!!
First off I think you have a good
Four of the top ten are in California. People love living here IF they can afford it!
2% own 90% of the real estate in the US
San Diego is ridiculously overpriced. House prices, over priced rent, along with everything else. The worst part is the pay doesn't align with the cost to live here. Bye bye San Diego I'm leaving.
More more people leaving California
You can buy a house in San Diego if you do what I did. Use a VA loan after serving in the military and buy in 1987.
That's actually spot on. I mean, interest was very high in 1987 but at least you could refinance later. There's almost no refinancing going on right now.
American is becoming tone deft to housing cost.
The air bnb map in San diego is waaay to massive
Not enough homes because of air bnb
Not enough homes due to exclusionary zoning which bans low-cost housing on 80% of the city's land. That's a city imposed rule. That 80% of the land can't have affordable housing on it. Why are we even looking anywhere else. Clearly that's the root of the problem.
Like the rest of California
Where's the inclusion California? 😎
I mean if you’re rich it dornst matter the race or creed you can buy a home all day long
Have u been to San Diego?? No one speaks English anymore
What happened to starter homes
Working your way up and buying a new house
These kids go straight from college with that into a brand new house that cost for 500,000
Sorry, college years don’t count as your struggle years. Those are for development of your skills so you can struggle for a few years. Before you get the payoff instead of struggling for decades.
But you are not owed A new house in your favorite city just because you went to college in fact to pay off your loans first
check out texas.
@@easy288 Depends on where. Near jobs? Their prices are out of control as well.
Who in the hell are buying these small, 1200 sqft 1950’s homes in SD for almost a mil or more?? It’s outrageous, Wealthy Chinese or what? Because the average everyday San Diegan sure isn’t able to do so unless they are loaded with cash money. With everything else in SD being astronomically expensive, it comes to a point where your sanity and common sense has to take over and make you wonder “Yup it’s time to move out of SD”. Or else you’re never going to be able to get ahead.
San Diego is just going to have a bunch of old people in the city that have owned their homes for decades, since all the younger folks are leaving the state in droves since they cannot afford to start a family and buy a home here anymore.
This is not sustainable at all, and we wonder why so many people are literally broke n poor here and are forced to live with roommates, friends or family for their rest of their lives in SD unless they are making way over $100k a year and are single with no kids .
I plan on moving out of SD to Vegas this fall to escape this ridiculously expensive overpriced, over hyped shit hole that’s more like “Americas Filthiest City” that’s full of bums, crime and jobs/companies that pay way less than most major cities do. It’s time to move folks, let’s go! 👌👍
I thought of moving to Vegas but it's too HOT in summer there!
It’s to hot for 7-8 months not just the summer
Black Rock
@@devengudinas1649no it isn’t, unless you think 80 is too hot.
Get smart,move away.
San Diego is becoming ridiculously unaffordable to the point people are living in their cars. We don’t want to leave our beautiful city and the only place we know, they cannot force people to leave. California will only turn into a shihole.
Place is trash ta boot.
The real estate is mental game. this kind of media or agent will make the market as bull. Once any kind of bear boom comes, it will be a kind of domino. Funny she says the same thing all the time - see the reality and hire the professional. lol
Not even the University of Washington will save anyone in the end.
They need Jesus..
Overrated city
Its really not though. It, like most of California has been run into the ground with high taxes, regulations, etc. but the actual city is perfect for nice weather year round it’s unreal
What happened in America for anyone to afford anything. What job do they do? He says he lives at home , what about a job? It’s all so secretive and strange.
It’s not just in America.
Who is fronting him the down payment? Daddy and mommy?
@@mylifebelike2112 He's single and mid twenties and living in San Diego. I have heard of people married with good jobs and educated getting denied. It takes a few years good income and saving so I think it was mom and dad and second mortgage making the difference.
@@mylifebelike2112 The criteria for home loans are more than good employment it also requires length of employment. He just graduated. Try again Hunny Bunny.
He's definitely not doing it alone
So he’s making 200k at least right.. if not he’s about to be house poor for 15 years or 30 years
Let’s say they are, what’s wrong with that? Isn’t that what parents are supposed to do? Help their damn children?
Desperate realtors in SD. We used to vacation there every year. Now I wouldn’t step foot in that city ever again.
To live with all the homeless and the polluted water
A lot more homeless coming. Homeless is the product of the state and locaL and federal government. Many Middle class are one paycheck away from being homeless.
Alll LIBERALS 😂
it sucks
Unaffordable? Prices go up? I wonder why? Maybe Bidenflation? So stupid😂Thomas Sowell blames the Fed
Name a country with a similar standard of living as the US where inflation didn't happen. Oh right, there were none. Even right wing countries experienced inflation, like the UK, which is completely run by their conservative party and the inflation was WORSE.
Keep voting blue 👏🏻
Hey kid, time to move.
California is about as attractive as Big Birtha 😂
You have to be a masochist to pay that kind of money to live in ... of all places ... California. But I do not want to encourage Californians to leave ... PLEASE stay right where you are.
@@galbalut9901 I don't think you get it, BUT I am very HaPpY that you have good weather. I think this was God's way of showing at least _some_ mercy.
How you hating from outside the club? You can’t even get in 😂
Cant afford anything anywhere one check away from homelessness thank u Joe Biden n democrats! Trump 2024
FDT! More tax cuts for the wealthy? Yeah no. Trump for prison 2024! Vote blue!!
You're dreaming. They both suck and don't give a rats. Billionaires care about Billionaires They are both different sides of the same coin playing the stupid masses.
Rent and home prices were just as bad under trump than with Biden now, this has been a problem since the late 90s, that was the last decade where owning a home was possible.
FDJT!
If you think a real estate developer is going to lower home prices, you must have been dropped on your head as a child.
This what happens when you sell your country to foreigners
Exactly ✌🏽
You've missed the problem entirely so you're scapegoating something at random. 80% of San Diego is zoned single family only which effectively bans low-cost homes there. The city is unaffordable because it bans affordable homes on almost all of its land.
San Diego also has a white supremacy problem. Dare any journalist to mention that on-air.