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Old 06-06-2008, 12:58 PM
Gruntina Gruntina is offline
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[quote=disneysteve;170921]I'm noticing a trend. With few exceptions so far, most of us seem to live pretty close to where we work. Do you think that is part of the frugal mindset most of us share? I know we purposely shopped for a home close to where I was working. When I changed jobs after 7 years, I found a new job even closer to home than the old job.



disneysteve - I agree generally that frugal people live closer to work if they can. Especially, if they found the job before purchasing or locating a place to rent.

Our case is different… We live in the Santa Cruz Mountain and you can locate homes in the 500k range. However I work in Silicon Valley where homes are not badly affected as wealthy people lives here. It used to be around 900k as median prices but may have fallen down towards 700-800k but I am not sure.

It cost me 500 dollars per month on Gas for my work commute at the moment. There is no city transportation from the mountain down and pretty crazy to bike on a windy road with no shoulder. If we were to sell our house and purchase a place near my work, we end up paying way more than $2000 at least increase on our mortgage. Truth is - we are pretty blessed to even have a house we can afford as almost all of my friends are renting even though they have decent jobs. At the same time my husband and I are very handy when it comes to taking care of the house, firewood and etc. The culture in the Bay Area is pretty much the opposite as most people want the most convenience and easy way of living because we mainly work computers with overtime and commute hours
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