Yea I saw this list & was like: 5 mins ago working class & moderate income folks could buy a home w/a pool in Chino Hills.
Chino Hills median home price in 2012 was $370k ($453K in 2022 dollars).
That these places have become expensive (& how) is a the story. /1
Chino Hills median home price in 2012 was $370k ($453K in 2022 dollars).
That these places have become expensive (& how) is a the story. /1
https://twitter.com/mayavada/status/1499166399524007936
I always saw Cerritos as a working class API town (some folks who owned & worked the counter at the beauty shops, nail salons, liquor stores in SoCntralLA ironically).
Weird to any1 who has been here more than a min to lump these cities in same bag as Palos Verdes Estates. /2
Weird to any1 who has been here more than a min to lump these cities in same bag as Palos Verdes Estates. /2
This isn’t to say whether Chino Hills is doing enuf now (dunno & they probably arent)…but rather to say a lot of now expensive towns in SoCal are new towns never built to be an exclusionary white enclaves. Heck Chino Hills didn’t even get built out until the late ‘80s/‘90s…
/3
/3
Chino Hills was always seen (& heralded) as a racially diverse town that like most SoCal towns had a lot of affordable homeownership opportunities b/c LA had lots of land, fwys, didn’t care a/b sprawl & job centers had mostly abandoned DTLA. #polycentric
/4
/4
That is the story of SoCal missed by @oandbinstitute: a lot of it/most of it (esp. ‘80s & on) was built for *affordable* homeownership. #CaliforniaDream
But NOW these cities most definitely are exclusionary for new residents b/c the prices HAVE BECOME so high.
/5
But NOW these cities most definitely are exclusionary for new residents b/c the prices HAVE BECOME so high.
/5
Also, y I have such little patience for those who cast every homeowner in the same bucket, like suddenly they r all a toxic 30-something Tech Bros making $200k+/yr.
We had retail store managers w/HS diplomas buying 2k sq ft single family homes around here like 5 mins ago.
/6
We had retail store managers w/HS diplomas buying 2k sq ft single family homes around here like 5 mins ago.
/6
Just so disingenuous to focus solely on the residential zoning anywhere, but especially in a place like Southern California. The history is much more telling (& interesting btw). And the current requires more analysis if we’re gonna address the housing crisis & racial inequities.
BTW here’s your typical Chino Hills home.
3BD/3 BATH 2K sq ft home.
Built in 1991.
Sold in 1993 for $185K
($360K in 2022 dollars).
Sold again in 2001 for $272K
($432K in 2022 dollars).
On market today for $1M.
3BD/3 BATH 2K sq ft home.
Built in 1991.
Sold in 1993 for $185K
($360K in 2022 dollars).
Sold again in 2001 for $272K
($432K in 2022 dollars).
On market today for $1M.
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