Quote:
Originally Posted by old guy
It would absolutely drive me insane if I lived in Cali., paid rent every month for decades and never built up any equity! For most all Americans the bulk of their wealth is built up through real estate, and in SoCal the government, through regulation and taxation, you are screwed out of acumalation of wealth in this fashion  of there |
Yah, the middle class is quickly vanishing. In 15 years, itll just be the super rich and illegals here. A decent 1bd apartment is averaging 2k/mo.