Housing costs in California
Reader comment on: Housing Inflation in California
Submitted by Barbara Brookhart (United States), Sep 25, 2014 09:40
Probably it is mostly local. My cousin, who is retired, on a fixed income, and lives in Campbell, just had her rent increased by $200 a month. She blames it on Silicon Valley. I retired and moved to Tucson, the 6th poorest large cities in the nation, several years ago, because I could not afford to pay $2500 rent to live in CarrollI Gardens (Brownstone Brooklyn) on a fixed income. There are few well-paying jobs in Tucson, and houses that are for sale stay on the market for months.
Total Tucson Homes Sold: 1,158, Decreased 3.90% from August of 2013. Decreased 1.53% from last month.
Total Tucson Homes Under Contract: 1,655, Decreased 19.82% from August of 2013. Decreased 9.5% from last month.
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