How the Coronavirus will affect Bay Area Housing Market

Yes get with the times mean both parents slogging like a slave and still barely able to raise a family of four and buy a decent home and always stressed about the future.
There was a time in America when a single earning family, and working 40 hours week, not 80 hrs like today, could raise a family of 6 comfortably and still save well for comfortable retirement. Middle class lived a great life. Now with 10x inflation and no real wage growth middle class is dead or dying.
You are perhaps living a comfortable life and own a lot of assets but I know so many struggling families and seeing their life passing in the rat rates style saddens me. They live a terrible life and have no time to breath, enjoy life, spend time with family every day, enjoy 3 good meals, and are always stressed. Kids life a shitty childhood too.
In 99% cases The only reason both parents are forced to slog like a slave now is they have no other choice, well at least in their rat racing mind.

Yep, right after the rest of the world was decimated by WWII.

The world has recovered at this point and there are now ~8 billion people out there waiting to steal your lunch. If you can’t take the heat get out of the kitchen. Unless we end up in WWIII and once again remarkably come out unscathed, the 50s are not coming back.

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Women wanting to have careers has NOTHING to do with needing the income - they just want to be contributing members of society and not only use their brain cells to watch kids all day so NO, that is not 99% of the cases, I’m not sure what people you are going around with. I don’t work because I need to I work because I want to.

Good for you.

Never said women.

I’ve never seen in any other city/geographical_area so many people lining up for gas at Costco and bulk shopping there as much as in Bay Area. To me, it’s an unscientific barometer that many many people in Bay Area are stressed for money and day to day expenses.

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Costco was a friggin nightmare yesterday! (yes, I was guilty of waiting in line for gas. The gas line actually wasn’t that bad, it was the nasty fighting for parking spots and people parking their carts in the middle of the aisles while they talked on their cell phones that pissed me off.)

Even though it’s pretty much irrational, watching our portfolio decline by mid-six figures while gas/food/car prices surge has pushed me to drive a little more slowly and buy gas at Costco.

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Only the Costco Sunnyvale is that crowded. Has always been regardless of economic conditions.

Not much. Ask @wuqijun

This was the one in Colma. Don’t usually go there but was on the way home from an event in SF.

Not in Wuqijun territory yet unfortunately… :smiling_face_with_tear:

My experience has been different. Granted I haven’t visited ALL Bay Area Costcos, but I have visited many.

and I’m comparing Bay Area crowds to other cities such as Chicago, Portland, Seattle, Cleveland, Indianapolis, Boise etc

Costco’s in the Bay Area are definitely way more busy than other places in the US.
I think it’s because we don’t have Sam’s Club or BJ’s to compete.

Whatever the reason, is not due to economic hardship :roll_eyes:

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oh yeah must be JOY of driving 5-10 miles instead of driving 1-2 miles to the neighboring Safeway, Luckys, Sprouts etc and fighting through parking and getting the carts through the aisles :smile:

Keyword is economic stress, not hardship.

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I did the same as everyone. Nothing to do with economic hardship or stress or whatever words you deemed fit.

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So, you just followed everyone to Costco without thinking through why?

2ndly tell me which typical Bay Area person buys a SFH every year?

Point, is don’t take it personally. You don’t represent typical Bay Area Costco shopper.

You are taking it personally. Is all about merchandizing. Other stores are just not as good as Costco.

My excuse for going to Costco is my wife. She “convinced”/ :slight_smile: me to get Costco membership.

Ok you’re right. We’re good now?

Costco is a well managed store. It moves with the tastes of customers.

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When I was poor, I bought groceries from Costco. Now I buy from Whole Foods, their quality is way better. Most of my friends who left poverty no longer buy grocery and daily items from Costco.

Now I only buy expensive durable goods from Costco when I find something that I need. Costco quality and return policy are unbeatable.

Those who buy daily items, clothes, shoes, food and groceries from Costco has to do with economics, without question.