And how much "experience" do you have with people in the Bay Area? There are ~7.5 MILLION of them. You are saying they are all (or even a minimal majority) in a sad place trying to figure a way to "escape"? There are PLENTY of people there with PLENTY of money to buy a cheap Leaf or a $100K Tesla Model S. In fact, the only Tesla Model S I have seen in person was picking someone up at the S.F. airport, January 2013. I find your black and white generalizations uninformed and of little value. Everyone in the Bay Area is in a sad place trying to escape. There is no reason anyone should or would want an EV. I hope anything you post in tractor related fora is based on knowledge. The averages and medians Loren posted apply to every area of the country. There are the very rich, the very poor and everything in between. The poor and "average" income people in the Bay Area aren't buying the $600K+ houses any more than they are buying the more expensive houses in other areas. But there are plenty of Bay Area condos and houses in the $200K to $400K range according to Zillow. Will that kind of money buy a LOT more where you live? Quite possibly. But if everyone in a "sad place" where things are expensive moved to where things are cheap: - Their new job would pay less - The price of housing in those areas would go up - supply and demand. Sell your 1,161 sq ft Boston 2 bed/2 bath condo (*) for $695K and buy a 5,700 sq ft 5 bed/5 bath house on 1.5 acres in Montgomery, AL. (**) There are only 4 houses listed by Zillow in Montgomery that cost more. Or, let's say you have 50% equity in your Boston condo. BUY FOR CASH a 4,300 sq ft 5 bed/5 bath house on a half acre for $350K. (***) According to Wikipedia: Montgomery: The median income for a household in the city was $41,380, and the median income for a family was $53,125. Boston: The median income for a household in the city was $51,739, and the median income for a family was $61,035. The 2013 median sales price in Boston was ~$400K, $120K in Montgomery according to Trulia. So it is fair to conclude that everyone in Boston is in a sad place looking for a way out. The median income is $10K more than Montgomery, the median house cost is $280K higher. Look out lower housing cost places, all the middle and upper income people from places where housing is expensive are sad and will soon be moving in. They will think the asking price that a local knows to be ridiculous is CHEAP!!! (*)
6 Grove St UNIT 1, Boston, MA 02114 is For Sale - Zillow (**)
3212 Thomas Ave, Montgomery, AL 36106 is For Sale - Zillow (***)
2642 Aimee Dr, Montgomery, AL 36106 is For Sale - Zillow
