Moving to San Francisco. Help us settle our housing debate!
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Anonymous
Yes, we are. But not public opposed either. |
Anonymous
| Fog, fog, fog. My last year in SF I lived on Twin Peaks. It was so depressing at the end of my workday to be waiting for my bus at the bottom of the hill, and to see the fog just pouring over the hills to my house. I got pretty burnt out on it at the end. |
Anonymous
According the kip web page 87 percent of its students nationwide are low income and 96 percent is aa or Latino. Clearly that is not random. There is a very well known public magnet in San Diego that is only open to students whose parents did not attend college. |
Anonymous
One without a gas station or autobody shop. There are lovely blocks and some that are not, very varied. |
Anonymous
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Anonymous
OK 
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Anonymous
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Anonymous
Like all public schools, charter schools are: Tuition-free and open-enrollment Non-sectarian and non-discriminatory Funded primarily through a combination of federal, state and local tax dollars Held to state and federal academic standards - See more at: http://www.kipp.org/faq#sthash.XEV2dkWY.dpuf For the record but not to take this thread off track. |
Anonymous
The only restriction is where the student lives geographically. I assume that is done to assure them a predominantly low income student population -- you don't wind up with almost 90 percent low income students randomly. And not to get too far off the point, CA does allow schools to limit eligibility based on income. Here's the admission standards for the Preuss school I mentioned early (www.preuss.ucsd.edu) he Preuss School UCSD recruits and enrolls students entering the 6th, 7th, 8th and 9th grade from the greater San Diego area. Eligible applicants must meet three requirements, both at the time of application as well as at enrollment. The three requirements are: All families must meet income eligibility criteria as defined by federal guidelines [PDF]. The parents or chief guardians are not graduates of a four-year college or university. Applicants must submit a completed application by the deadline. |
Anonymous
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I would wait to buy. Sure you might be able to save a small amount of money if you buy now and have the employer pay for your move - but this is only if everythings works out right. I would not assume that everything will work out right.
Personally, I am risk adverse, and I would never buy in an unfamilier area- 1) what if you don't like the neighborhood, schools don't work out, your husband does not like the commute, etc., - it will cost you **a lot** more to resell and move than to rent for a year. 2) what if you don't like SF or the new job does not work out. Again, it will cost you alot to resell 3) you have no idea what is going to happen with prices/rates this year. If you want to guess, be prepared for the concequences of being wrong. A large percentage of homes in SF are being bought by tech people and Chinese nationals with all cash offers, and these buyers are not affected by interest rate changes. 4) I am from the Bay area, and the desirablity of many neighborhoods really changes street-by-street. I would want to know neighborhood very well before I bought. Also, the prices will faze you, and I would like sometime to get confortable with that market. 5) when you rush to buy, you are forced to buy whatever is available now, even if you don't really like it. If you have a year to look and research, you can really find something you like. |
Anonymous
| A PP here. We've had three long distance moves -- one from here to Boston, one back here from CA and one within the DC area. The only bad house purchase we made was when we bought before moving to an area (when we moved back here during market peak). Had to wait a year to buy in Boston because inventory was so tight, and just moved for the second time in this area, we really knew the market and were able to move quickly when a well placed house came up. That's very difficult to do long distance or on a week long look for housing trip. Will the company pay for a few months of temporary housing? |
Anonymous
Perhaps that is part of the charter at the school you mentioned in SoCal however it is not a KIPP requirement:
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Anonymous
Even if they decided to resell the house in a year (highly unlikely) they could still potentially profit since the housing market is extremely hot and will continue to be for a while. |
Anonymous
OP there a lot of housing cheerleaders here Who think prices can only go up. But like a PP said the market is driven by the tech industry, and there is a real possibility of a tech bubble Read all the news about the new unicorns everywhere. When rates rise they may not affect the housing market it will affect the venture-capital market as the Chase for yield weekends and other investment opportunities are more tenable such as interest healing accounts and such. How stable is your husband's new job? How much cash reserves do you have? If you can write out a blip because this job does not work out then go ahead and buy, but honestly considering your low low budget for San Francisco I think your overextending yourself And should you continue renting until you have enough reserves |
Anonymous
| Mark my words - I think the tech bubble is going to pop. I think there will be a downturn in September. It's like 1999 out there all over again. |