I was once told that my wife, Lisa, and I have lived in two apartments in Berkeley, CA. We both have two cars, and one of us has moved in with our landlord. This is the first week in July. I had the privilege of living in a studio with my wife, the last week of May. I came home to find Lisa’s car was totaled.
For me, I am living in a studio with my wife, and all three of us have rented out our apartment. We have moved to a larger apartment near the UC Berkeley campus. The new apartment is a four bedroom, three bath, with a pool and gym. The kitchen is fully furnished, and the bathtub is equipped with a dishwasher and tub heater. We don’t own a car, we live on credit.
The Berkeley housing market is one of the most expensive in the country, and for the average person, that means the rent is almost always over a million dollars a month. What is more, Berkeley is the third highest priced city in California, behind San Jose on the west coast and San Francisco on the east. So, in the summer, it’s like living in another country. We have lived in the city for the last year.
The problem is that the city rent is more than double what we pay for our apartment in the suburbs. And that’s before we do what many would call the standard-of-living-hint-and-gimmick-of-a-year apartment-buying process, which is to buy a starter apartment and then rent out the rest.
In the end, this isn’t really Berkeley’s fault. It’s just a fact that the whole housing market in California is based on the fact that the economy of the region gets stronger after the Olympics. And since no one in California is willing to buy a starter apartment and rent out the rest, the economy gets stronger. The problem is that the average income in the Berkeley area is about double that of the rest of California.
We all know that California is actually one of the poorest states in the union. But even that hasnt stopped the city of Berkeley from having the highest rent to gross income ratio in the country. In fact, the only way that Berkeley has a low rent to gross income ratio is that it is a city that has had a lot of immigrants.
In fact, the average income in Berkeley is over $60,000 a year. It’s also worth noting that Berkeley has a housing shortage, especially in the summer, and the city’s low-income housing is a common example. As a result, the city can afford to pay more for housing than it can buy, which can lead to rent increases.
For the most part, the housing shortage is a big reason for the low rent to gross income ratio. The reason is that the housing shortage is caused by a decrease in the number of people who are able to afford to pay rent, or are able to buy a few things, such as a few cars, to pay for their room.
That’s why it’s so important to look for the best possible real estate deals to buy. If you’re not careful, you could end up with a property that is in a bad location, not in prime location, or a property that is in a bad location, not in prime location, but it’s still priced well and you can afford it.
