tag:blogger.com,1999:blog-10880332.post114365891542878708..comments2023-11-05T03:18:37.731-08:00Comments on life together: slo statsTimhttp://www.blogger.com/profile/16613060195802747865noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-10880332.post-1144127312770000092006-04-03T22:08:00.000-07:002006-04-03T22:08:00.000-07:00Tom,Another point to note is that SLO County has a...Tom,<BR/><BR/>Another point to note is that SLO County has a net in-migration of retirees. This group tends to bring enough wealth with them to buy homes without a problem. However, between these retirees and students the median income tends to be low.<BR/><BR/>These two factors make the "affordability" numbers look far worse than they are. Don't get me wrong here, Cal Poly is having difficulty replacing retiring faculty members because it is difficult to hire people in at a high enough wage that they want to move here, but it is not as bad here as Santa Barbara and San Francisco even though their "affordabilty" index numbers are comparable.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-10880332.post-1143727452359653332006-03-30T06:04:00.000-08:002006-03-30T06:04:00.000-08:00Hey Tom, I'd be a little weary of any stats produ...Hey Tom, I'd be a little weary of any stats produced by UCSB Economic Forecast...I can't say whether the ones you used are accurate or not...but I do know that EVERY year for the last five years, they have gotten Solvang's info wrong. On simple things. Every time we get a call with a question, it's always a different person...so I don't know if it's an intern/student revolving door so the work isn't consistent, but I've since put more salt on the Economic Forecast lately. FYI.Jeannetthttps://www.blogger.com/profile/05378569765609750176noreply@blogger.comtag:blogger.com,1999:blog-10880332.post-1143672655742978262006-03-29T14:50:00.000-08:002006-03-29T14:50:00.000-08:00Oh Boy! It's statistics time! My numbers are from...Oh Boy! It's statistics time! <BR/><BR/>My numbers are from the UCSB Economic Outlook 2006 for SLO County. <BR/><BR/>Average Salary SLO $32,850<BR/>Average Salary CA $45,276<BR/><BR/>Median Home Price SLO $538,700<BR/>Median Home Price CA $524,100<BR/><BR/>Household income <$25,000 23.7%<BR/>Household income <$50,000 50.4%<BR/><BR/>Real Median Family Income Growth -4.1%<BR/><BR/>Real Average Salary Growth +0.7%<BR/>Price Deflator (inflation) +3.4%<BR/><BR/><BR/>In summary (IMO): SLO is made up of two income households whose time buys them less product year after year and they have little hope of increasing their earning potential as long as there is an abundent supply of highly educated labor willing to accept wages below the State average to live in SLO<BR/><BR/>I'd love to hear from someone with a more optimistic perspective.<BR/><BR/>TomAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-10880332.post-1143671449573204772006-03-29T14:30:00.000-08:002006-03-29T14:30:00.000-08:00Well, it looks and seems like there are three cate...Well, it looks and seems like there are three categories of people:<BR/><BR/>1) The Haves <BR/>2) The Have-Nots<BR/>3) The Desparately TryingJeannetthttps://www.blogger.com/profile/05378569765609750176noreply@blogger.com