How do people afford to live/buy houses in Presidio (WHO ARE THESE PEOPLE AND WHAT DO THEY DO)
Generational wealth. Many of their ancestors may have made money during the robber baron, squatting, exploiting days.
So your calling them out as Jews @city and county, do directly if you're going to be antisemitic about it
All groups have their own insular communities where they do each other favors. Why call out Jews as if they are the only ones. Because you are anti-Semitic that’s why
Like 90-95% of them bought houses before the prices went crazy, supply is very limited so it only takes a few willing to pay a lot. Imagine what two mid level married techies at Google / meta could afford if they got a maxed out mortgage and that’s who you are competing against
This, most people bought these house 10+ years ago before house prices went crazy
You can see the price it was last bought for. Taking San Jose for example, most of these 1M$+ homes were sold for less than 100k$ 2 decades back. That wasn't a lot of money at that time. Plus, their taxes are less. Now those same people would have difficulty buying a new place. Even if they sell at current market and buy something of price similar to what they sell for, the taxes would be unaffordable.
Business owners and investors as always.
People don't own houses in the Presidio. They rent them. It's federal land.
Correct. I think most posters are referring to presidio heights here
Pretty sure I have married college classmates in that area who are specialist doctors and I know they bought before the market exploded (late 90s). Still expensive but not totally out of reach like today.
VCs
They’re business owners.