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![]() Maxprop wrote: Not surprising. What really impressed me is how shallow parts of the Bay are. The deepest hole is right under the GG Bridge, and it even flattens out somewhat out in the ocean. Guess I always thought something with a 8' draft would be okay in SF Bay, but perhaps not, unless you slip at the St. Francis, or somewhere similar. It's much better to have less. 8' would restrict you to only the deepest areas. I get nervous with a 6' draft where we are. The Yamaha 30 I believe has a 5.5. Sometimes it can't be moved on a very low tide. I pay $150 for my 22' slip, which isn't too bad, given that it's a prime location (Sausalito). You can do significantly better than that when you're further out. Check http://www.latitude38.com/. I'm sure you'd find more reasonable rates. Bererkely isn't cheap either, but the really outrageous costs happen when you need over a 40' slip. They're really in demand, whereas the smaller ones like mine can be had just about anywhere. That's not a bad price for your location. We chatted with one sailor on the dock at Sausalito--he claimed his 40' slip cost more than his monthly house payment. Must have bought his house years ago, or else he lives in the Tenderloin. It just went up, despite the deal I get with the marina. I believe 40' slips are about $600 per in the same marina (with the discount). You don't need to be a millionaire to live in the bay area, but it sure does help. We can't quite understand how so many seemingly average people can afford to live in SF proper. $700K barely buys an upper 5 there, and many of the people we saw in town didn't look like they could afford that sort of thing. Guess looks can be deceiving, or perhaps those we saw rent, rather than own. Max There are a lot of people in SF who are in rent controlled apartments. I know a couple of people who have nice places where they pay under $300/mo. It's a total rip off, but that's the way it is. Eventually, the owners get them out by converting to condos or something. Then, the rent changes to $3000/mo. Somewhat affordable property still exists in SF proper. I have a friend who paid $650 large for duplex in a choice location. It needed a bit of work, but as pretty much move in ready. Of course, this was a few years ago, so maybe things have changed. In Sausalito, the homes are in the millions, but there are some slightly lower cost places to be bought or rented. |
#2
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![]() wrote in message Somewhat affordable property still exists in SF proper. I have a friend who paid $650 large for duplex in a choice location. It needed a bit of work, but as pretty much move in ready. Of course, this was a few years ago, so maybe things have changed. I think a lot of nice, smaller homes can still be had for that sort of cash, especially in Sunset or the area just over the hill from it, whatever it's called. But that kind of money buys a deluxe executive home in the 4,500 sq. ft. range around here. Back in the mid-80s, a professor of mine moved to Bloomington, IN (home of Indiana University) from an LA suburb. He sold his house for $700K, The most expensive home for sale in Bloomington at the time was only $350K, so he had to buy a condo in FL, too, to avoid paying capital gains. What's really funny is that his Bloomington house was double the size and far more luxurious than his LA home. He couldn't believe it. In Sausalito, the homes are in the millions, but there are some slightly lower cost places to be bought or rented. I considered buying a fixer-upper in Sausalito back in '84. It was not large, in poor condition, but had a fabulous view of Richardson Bay and Belvedere. It was only $300K at the time and probably a mega-bargain. I passed. We took a look at it last week, and it apparently was torn down and a newer house of (I'm guessing) 2500 sq. ft. now sits in its place, no doubt valued at $2million or so. Hindsight is 20/20. Max |
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