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Gil
Rickover Joined: 04 Jan 2016 Location: Carson, Ca. Status: Offline Points: 1857 |
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Posted: 24 Aug 2018 at 12:08pm |
In '91 deals could still be had. My ex-girlfriend had moved to San Diego from Los Angeles. She rented a two bedroom 1250 square foot ten year old apartment on top of the hill in Solano Beach overlooking the Del Mar racetrack, From her kitchen you could see the 5 down south and from her bedroom you could see the 5 heading north. They wanted only $120K to buy it as a condo. Biggest mistake I or we ever made in not grapping that opportunity. Solano Beach is absolutely beautiful and I kick myself for not leaving Los Angeles then. I could of transferred to TRW in San Diego then, I think I would have just missed the financial bubble that Qualcomm offered in their boom then.
This was just after that cult had committed suicide to ride on the comet in Santa Fe Springs. Edited by Gil - 24 Aug 2018 at 12:13pm |
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c stafford
Old Salt Joined: 04 Jan 2016 Location: San Diego Status: Offline Points: 290 |
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A person or family in San Diego must make over $131,000 a year to buy a median priced home.
I don't know where the money is coming from, but houses are only on the market for a few weeks before being sold. And the rents are very expensive also.
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Chris
USS Barbel, MM2(SS) USSVI Life Blueback Base, Life San Diego Base, Life Holland Club |
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SaltiDawg
Rickover Joined: 03 Jan 2016 Location: Rockville, MD Status: Offline Points: 2865 |
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At that time I was unable to sell my home in CHASN for $92K in part due to Mortgage Rates of 17-18%! (I had bought in 1979 for $92K.)
Edited by SaltiDawg - 21 Aug 2018 at 11:19am |
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FTGC(SS) Lane
Old Salt Joined: 05 Jan 2016 Location: Conway New Hamp Status: Offline Points: 262 |
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In 1981 my gross monthly income went from $1,150 in September to $1,745 in October.
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Flapper
Rickover Joined: 04 Jan 2016 Location: Tucson AZ Status: Offline Points: 2086 |
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ET1ss Nuke; 1962 - 1973. SSN-588, CVA-63, SSBN-629 BLUE, SSN-669 PLANKOWNER, FICPAC
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FTGC(SS) Lane
Old Salt Joined: 05 Jan 2016 Location: Conway New Hamp Status: Offline Points: 262 |
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In 1973 as an E5 over 4 I had a brand new vehicle. Many of my shipmates did; except the goat locker, who all seemed to have 5 year old cars. In 1980 as an E6 over 11 with a wife and two children I qualified for food stamps. What is different between then and now?
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SaltiDawg
Rickover Joined: 03 Jan 2016 Location: Rockville, MD Status: Offline Points: 2865 |
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Re Police. In the 1960s you likely needed only a HS Diploma, and not always that was a firm requirement. Many, if not most, Police Departments in my part of the Country now require a Degree, usually at the bachelor level. The inflation based salary and benefits are higher now, however my intuition tells me that the personal risk of being shot at by some miscreant now is much greater! |
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SaltiDawg
Rickover Joined: 03 Jan 2016 Location: Rockville, MD Status: Offline Points: 2865 |
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In 1969 I received a $15,000 Bonus for agreeing not to Resign for Four Years! That was a huge sum of money. It was that or tie up Submarines. (I had no intention of resigning, anyway.) In 2018 Dollars that $15,000 would equate to $104,438.34 -
Edited by SaltiDawg - 19 Aug 2018 at 12:01pm |
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Bob Gawe
BBS Supporter Joined: 06 Jan 2016 Status: Offline Points: 471 |
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A slight change of subject but following the same line, police agencies are having the same problem in recruiting officers. Far less people are applying for the profession. When I started the process you answered a small add in the classified section to get your name on the list for the written test. Over 5,000 took the written, then came physical, agility, interviews and background investigation. Thirty eight of us graduated the academy. Today there is a group in the department who go out and recruit at schools, adds basically begging for people. Few want to put up with the hardships of difficult positions.
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Bob Gawe
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SaltiDawg
Rickover Joined: 03 Jan 2016 Location: Rockville, MD Status: Offline Points: 2865 |
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And this is new? In 1981 before I left Cable, the ship had over 40 Sailors on Food Stamps in Charleston, SC, 25 of which were in my Department It was much worse in Washington, DC, and many if not most Enlisted and Officer left Mama behind and did an unaccompanied tour in DC.
Edited by SaltiDawg - 18 Aug 2018 at 5:54pm |
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