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Californians: Your rent may go up because of rising insurance rates
(calmatters.org)
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this post was submitted on 14 Aug 2024
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A Boring Dystopia
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I grew up in a large apartment complex in San Diego, so I never really expected to inherit a home.
I grew up poor but both my parents started making good money around the time I graduated HS. What's crazy is that my step-dad was able to buy a house for us as a self employed electrician he probably made about 1/2 to 2/3s what I make now and that house is about 250k out of my price range now. I can get a 675sf condo near me for $80k more than the 2000sf+ house I'm looking to put an offer in on.
Edit just looked up our old house it's got a zestimate of $1.04 mil so it's a solid $500k out of my price range.