The San Jose Sunnyvale Santa Clara metro is home to nearly two million people  - Here is what it feels like living in the most expensive place in the US where a typical home costs $1 million.
Housing

Here is what it feels like living in the most expensive place in the US where a typical home costs $1 million.

So the metro area of the US “San Jose-Sunnyvale-Santa Clarais the most expensive place to live in the US.

images 5 1073704155 - Here is what it feels like living in the most expensive place in the US where a typical home costs $1 million.

Goods and services here are 25% more expensive than the normal, it is believed that most people who live here are involved in tech in one way or the other But San Jose isn’t all engineers and programmers flush with cash (or stock options). A dire affordable housing shortage has left teachers, landscapers, security officers, and thousands of minimum-wage workers virtually homeless.

the san jose sunnyvale santa clara metro is home to nearly two million people 1460298172 - Here is what it feels like living in the most expensive place in the US where a typical home costs $1 million.

The metro area is made up of two counties, Santa Clara and San Benito. It the second most populous metro in the bay area behind San Francisco-Oakland-Hayward, locals believe san-jose to be the epicenter of silicon valley where the employees of top ranking tech companies like “Google, facebook, and apple live.

san joses economy is the fastest growing in the us and tech is a huge driver in 2017 the areas gdp grew 7 6 to more than 275 billion or 137752 per capita 2072223061 - Here is what it feels like living in the most expensive place in the US where a typical home costs $1 million.

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Julia David, a 25-year-old contract employee at PayPal and MBA student at San Jose State University, told Business Insider that”Everyone you meet is directly working in tech, working for a tech startup, or working for a company that funds technology companies,”

like google in nearby mountain view 86719114 - Here is what it feels like living in the most expensive place in the US where a typical home costs $1 million.San-jose economy is said to be the fastest growing economy in the US.The unemployment rate in the San Jose metro was 2.5% as of December 2018, compared to 3.9% nationally. The most popular jobs in the area include mechanical engineer,software engineer, and senior software engineer, and their pay ranges between $77,268 and $134,718 a year. It is said that 57%, that more than half of all house hold in the jose metro area earns a six figure, but funny enough that not still enough to buy a house.

in san jose buyers need an annual income of at least 257247 to qualify for a mortgage with 20 down according to the national association of realtors latest data 1221999877 - Here is what it feels like living in the most expensive place in the US where a typical home costs $1 million.

And this rise in price has caused many to move out, that meand for you to live in the area you need to be on an income of at least $257,247 to qualify for a mortgage with 20% down, But it’s not just housing costs eating up paychecks. San Jose’s cost of living is the highest of any metro in the US. As of 2016, goods and services were about 27% more expensive than the national average.

but thats still not enough to buy a house 266434160 - Here is what it feels like living in the most expensive place in the US where a typical home costs $1 million.

Either way san jose is still a beautiful and an enjoyable place to live. Well that if you can afford it.

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Emmanuel
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