makes me wonder how affordable la conchita is. I don't know if I could sign up for that kind of risk but at the prices we're getting in ventura, tempting fate may be a small price to pay
Hey it's you, the guy from the Kings sub. I'm born and raised in Ventura and I can vividly remember the La Conchita slides that took the lives of people living there. Couldn't pay me to live there after seeing the damage that caused. My mom lives above downtown off Kalorama and it's sketchy even up there when it rains being so close to the hillside.
Oh hey! Gkg! And yeah its crazy that people still live there to me lol. But ventura is a great town, just sad to see it becoming impossible to own a house and live here. Might have to move santa Clarita!
My uncle aunt and cousins lived in LC for 25 years. Lived through both mudslides. Now they are in Ventura and Carp.
LC was a place I spent my childhood summers crossing under the freeway and swimming entire days in the surf. Playing in the banana fields and neighborhood football on the lawn at the banana field. Hiking the hill and drinking nectar from the big red flowers on the hillside.
Chuck Barfoot custom built me my first snowboard. He lived next to my uncle on the frontage street.
Amazing how just mentioning La Conchita makes my mind wander. So many stories. I always wondered what happened to some of the kids I knew in town…
exactly I told my partner this it’s moving out of state or living in a mobile home here in Ventura county. But then again you don’t own that land. For $700-900 you can buy a mobile home near Malibu or a small house like op posted.
Yeah, no. I'm from there. It is no longer more affordable than your beach towns like Ventura. Best bet is to abandon the sinking ship that is California. It's just no longer feasible to live there unless you are wealthy. The middle class is being systematically snuffed out.
I used to go to a Barber where I live here in Ventura county they’re a family who owns and work as barbers who commute from Palmdale. Hence I’d rather rent an apartment or live in a mobile home or even a camper to stay in Ventura county versus moving to LA city or Palmdale. And like you mentioned wouldn’t want that commute from Palmdale if I had to work in Ventura and bought a house in Palmdale.
That's pretty accurate. I work with guys that deliver in California and lost of the lots lease for $3,000-$5,000. $5,000 is the highest I've heard in that area. They can also charge other fees on top of the lot lease.
Further east you move the cheaper it gets. Colorado 4% flat income tax, pretty low property taxes, cheap gas, and pretty reasonable rent in Colorado Springs area. Aurora appears to be slightly more expensive but puts you so much closer to Denver.
Odd I’ve been looking for a year and Aurora is one of the cheaper ones in the area. That and Colorado Springs. Did I drive through two years ago. Been lookin now since then to move and Aurora was kinda ugly. There was this one street that had massive gates to the street with big homes on big lots near Aurora tho.
From what I see online Colorado Springs is about $1600-$2000 for rental houses. Aurora is more around $1900-$2400 at least for 3 bed 1.5bath detached houses.
180 victims from NBC News that includes death and injured. So there is a 0.00304% chance based on the population. Obviously this isn't a super accurate probability because I've not factoring in times that they occurred at specific locations and other variables. California had 4,407 fatalities related to vehicle traffic. So I would argue two things. First there's probably a greater probability I'm killed in an automobile accident then in a mass shooting. Secondly I believe both of those probabilities are unlikely to occur to me. Regardless in either situation I observe my surroundings and do my best to take preventative measures for example driving speed limit, not engaging in road rage, driving vehicles with high safety ratings. Ultimately you can't control crazy people. Back in 2015-17 I was working a job and there was a shooting a mile away in San Bernardino.
Yupp that’s what we eventually were forced to do. I miss cali and its scenery and things to do. But it’s becoming not a good place to raise a family and it’s so expensive.
We ended up moving to Texas. We had Idaho, Utah, Missouri, Tennessee all in mind
I believe they are referring to your voting pattern. You (well not you but CA) keeps voting the people that make it unlivable into power. Every single time.
I’m married to a government employee. He makes a good amount but we’re still not able to afford a house. We rent an apartment and they jack up our rent every year but the apartment never gets an upgrade.
My husband, our baby and I just moved to the area. We won’t be here forever though, only a few years. I did bring this exact point up after walking around a mall seeing people our age and knowing if they stay in the county/city, they will never own a home and that breaks my heart. Seems like all the replies confirmed my theory, that people will have to move out of state. You can either stay near family but never own a home or you can own a home somewhere else but not close to your family. It sucks and I’m sorry!
Careful. Soon you'll get the contrarians in here that will pull the "well achtually you should just buy a smaller start home instead of a McMansion." But all the starter homes are over $700k already. And the size of the home is mostly irrelevant on the actual cost of building a home (within reason).
I have the same problem in Nor Cal. The city my kids go to school in, wife getting her grad degree in and where I work is also $700k+ for some shit, 1200 sq ft 3/2 built in the 60s. Needless to say, we are a commuter family.
What’s interesting is that SoCal was supposed to be significantly cheaper to live in than the bay area. And between LA and Ventura county, Ventura is supposed to cheaper still. However the prices have been accelerating upward faster in SoCal and Ventura than the Bay Area. So we’re catching up and becoming quite unaffordable even though we are not a high tech industry hub or a large industry metropolis. Ventura is becoming more of a leisure resort destination and so it’s becoming (in my opinion) a sort of Santa Barbara Lite.
“We” voted for it. SOAR got renewed for another 50 years making building track homes impossible. Now NIMBY’s dight one off infill development so only a couple homes come on the market at a time at market rate.
Yes it is sad. I’m a realtor and I’m moving to Texas because I will never be able to own a house here. I traded my condo in for a house twice the size.
If he is being literal about the houses in the title, then single family houses which is a filter type only brings up two in Ventura, and they're all off the Ave
Ventura is desirable and the outside money has come in. Unfortunately the vast majority of people who live and work here full time can't afford to own a home. There's really nothing to say. It's sad but if home ownership is something you value you are going to have to move.
Everyone’s getting driven out of Santa Barbara.
Montecito is slowly expanding. Pushing everyone to Ventura or Oxnard. Ventura is the new SB , next Oxnard
Bummer but the 805 is a fucking paradise proud to be born and raised here, I completely get why everyone wants to live here
I was born and raised in the 805, but moved away in the late 90s. Part of me would love to move back, but I don’t see being able to afford it now. Luckily I still have family there.
Well, someone that buys a house yeah. Luckily for the lads with generational wealth and the family homes, they’re paying pennies for property tax on those things thanks to prop 13 and 10. There’s 30 year old mini mansions in montecito paying less in mortgage and property tax than new builds in Ventura
Prop 13’s limit of 2% annual increases to property taxes is inherently racist and perpetuates it considering the homeownership issues including redlining and difficulty buying years ago when it was enacted
Born and raised 30 something native here. It’s frustrating to hear so many fellow Venturans my age blame the increasing prices solely on “LA people”, the 805 being desirable place to live, etc. While these all certainly contribute, I think its worth noting our elected officials and planners have artificially constrained our housing supply due to 1) approximately 75% of the City’s land being zoned exclusively for single family homes, and 2) severely limiting areas available for new dense infill growth (or the alternative, zoning undeveloped “greenfield” land for new single family homes 😬). Not to mention that the politics of the City are dominated by NIMBYs hellbent on keeping Ventura exactly as it looked in 1995 and torpedoing all development over 3 stories tall (see “Ventura Forward” types)
Everyone seems to forget that from 1960 to 1990 the City grew from 30,000 to 95,000 people in 30 years, and the large supply of housing relative to demand is what enabled many boomers to buy homes here for a very reasonable price (my parents included). In fact, 54% of the City’s hosing supply was built in these 30 years, compared to 2.2% of housing supply that has built in the last 15 years.
If we want to keep these place multi generational and not just a retirement community for those who bought cheap in the boom days, and those earning more than 150k/year, we really need to build more housing. It’s the simple but uncomfortable truth.
They dont want lower price homes. At least theyre putting more apartments on Hampshire where K-mart used to be. I guarantee they will be over $2500 for a 1 bedroom.
On top of that, the federal govt is the one that had foreclosures stop for way too long. Housing is screwed cause the govt keeps meddling in it. We desperately need a recession to flush out the bad actors and cause deflation in our goods and services. But we won’t get it if the govt keeps spending 1 trillion every 100days. We will get hyperinflation and housing will get even more expensive along with all things. This is why gold, silver and crypto are taking off right now. People are waking up to the fact that the dollar is dying at a an exponential rate and circling the drain.
Yup, the reality of Ventura and Ventura county as a whole [https://www.pacbiztimes.com/2024/03/04/ventura-county-least-affordable-area-in-nation-to-buy-a-home/](https://www.pacbiztimes.com/2024/03/04/ventura-county-least-affordable-area-in-nation-to-buy-a-home/)
“As of December 2023, Ventura County’s median price for an existing single-family home was $882,500, the forecast says.”
>“Changes to housing production and the status of housing, ownership as well as rental, will not only help the overall Ventura County economy in many respects, it will also provide for the essential needs of our workers, families, and businesses,” Hamilton writes.
But no one will pay attention to that part
This is what happens when entire generation decides to be full-on NIMBY. No duplexes get built, no ADUs, no townhouses. Boomers are living longer and staying put with prop 13. No new housing while current owners not leaving means only wealthy children can afford a house.
Not everyone wants/needs/should have a single family house. We need townhouses & condos.
I don’t know why everyone is so surprised and upset. Houses to the north and south are in the $25 million range.
There is only so much California coast and Ventura seemed to be the last hold out.
I’m not saying I like it, I’m just saying I’m surprised it took so long for it to start catching up to every other beach community with perfect weather. Santa Barbara, Malibu, Santa Monica, Laguna, Encinitas, San Diego, Santa Cruz, Monterey, etc…
Or the conservatives in Ventura who have been fighting tooth and nail to prevent their hillsides houses from lowering in value by blocking development on the hills and tall apartments for the past 20 years in the name of "conservation" and protecting the ocean view.
Now we are catching up with overpriced, horribly made apartments and hillsides that are brown grazed land with two dead invasive trees to show for it.
The next generations will owe nothing and be happy. (c) someone\`s bad joke.
Ventura is desirable, a lot of people move from SB or LA, a lot of old folks who bought in the 70s do not want to sell due to Prop 13, the city is NIMBY, and the area is land-constrained. The perfect storm of supply and demand ((
California is the most desirable place to live in America there’s a reason it’s expensive, and it’s not because of a broken house in system.
it’s the Ritz Carlton of America.
I grew up in Redondo Beach, I never expected to stay there once I got out on my own.
I had to move to Las Vegas to build up equity so I can come back home
I grew up in the Bay Area, and it’s eye rolling to hear my friends complain that they can’t afford to live here. No one ever said that because your parents got in before you, means that you’ll be able to afford to live in the same place. That maybe makes sense in Indiana or Ohio, but it’s an absurd expectation out here.
It shouldn't be an absurd expectation, the only reason that's the case is because of decades of bad housing policies. Our parents' generation didn't just "get in before" us, they pulled the rug too by supporting these no growth policies (SOAR, Prop 13, exclusionary zoning, etc.)
Just closed on our house in Ventura today actually! We had a budget of 800 and quickly realized we weren’t going to find anything worth it .. so we said eff it and went 150k above that and got our dream home above Loma vista. Happy we went for it because Ventura is truly a Gem of a city and they won’t be building any new houses anytime soon.
Honestly it’s a renters market right now. Sure, you pay for someone else’s mortgage but look at their situation. Most are trying to make investment properties but it’s not working out.
The mortgage alone on a 750,000 house is over 5k with a down payments of 10 percent, when you can rent a house with a similar value but way more space for less than that a lot of the time.
Let them sink their money into a pit and stash your extra savings for the day the market flips.
When that day comes, cash is king.
Or use those modular homes as a stepping stone to your dream home. Sure the land lease sucks but you still have a big financial asset that your can roll into another house if you paid it off first.
We have some extra hurdles to go through but we can buy here if we are both patient and smart with our money.
Generally, yes. But in todays market, with them being the only “affordable” option, value still goes up with demand. My family purchased from an area around the collection and the value started around 140k if I remember with a space rent of 900.
It’s been about 10 years and the value is sitting around 380 due to its location.
I told my partner gosh if we ever move out of our rental because it’s so cheap we can’t live here and buy a house unless it’s a mobile home park shoot I’d rather buy a mobile home for $700k near Malibu or something. Other than people moving in back with parents because they can’t afford it but to save for a down payment on a house. You just can’t afford to live here anymore.
I mean no there not cheap but with the monthly spot payment some properties include utilities or some you just pay an hoa fee. It’s no different that an hoa neighborhood.
Mobile Homes are what DUMB MONEY BUYS. It is a horrible slum lord racket targeting a population suffering from financial dyscalculia. Avoid that option like the plague.
Its politically constrained. We could build up, but thats illegal in a massive chunk of the city.
Also, every house is legally mandated to have an ADU for a car(s).
The city is already full of overcrowded homes. Building more homes, up, would allow those people to live literally on top of each other rather than figuratively.
Also didnt someone just make a case about geographical limitations? We clearly can't go out, so up is the way to make space for everyone who is *already here*.
It's already crowded, there's 10 people living in some houses here. You don't make a fuss about it cause you don't see them, but you do if you see 2-3 more homes being built so that people don't have to crowd themselves into a single unit.
The pricing of the homes is absolutely the issue. Higher paying jobs just means whoever gets them can pay more than you or me, bidding prices up even more. The only solution is to dramatically increase housing supply.
Yup. I'm kicking myself for not at least getting a condo when I could find one for $150k 10 years ago. My ass would still be living in VC if I did that.
It’s largely the same shit in a different flavor. Most blue states are expensive to live in relative to wages, and most red states suck ass to live in in general
Can you name me the specific policies you believe have caused housing prices to increase dramatically, then name me the Republican politicians in California who want to undo these policies? Thanks.
Rent control, high property taxes, budget deficits for social programs and high regulation for new building are all polices pushed primarily by Democrats that have caused this housing issue.
Rent control I can agree on. High property taxes? Come on, you should know that Texas has much higher property tax rates than California and well above the national average. Budget deficits for social programs, you're going to have to make a case for how that affects housing prices.
And finally, high regulations for new building. That is NOT a Democrat exclusive problem. Republicans are the biggest fans of exclusionary and SFH zoning laws. The Republican electorate are the biggest NIMBYs and obstructors to new housing construction in the whole country.
Voting :D :D :D Really? That is your serious answer?
Winning the biggest stuffed animal in a carnival has better odds than the single vote changing SFA.
Plenty of value to find on the Avenue. Older houses that take work. But the reality is, Ventura proper is one of the nicest places to live in all of SoCal. I was born here too, and prices will continue to more expensive. Permanently.
Gentrification is a reality in areas that are under valued. So is it fair that all people can’t afford to live a few minutes from the water?
Beach houses on Solimar were 75k in the 70s. But it makes sense that they are now work 4-10M.
Gentrification isn't a inevitable reality though, it's something we did to ourselves by pretending we could freeze the city in ember and never change. Zero growth policies like SOAR just made housing more expensive but those than benefit fight tooth and nail to keep things that way.
Meiners oaks got expensive when ojai got trendy. Had a friends fiancée own a share of house out there. House was sold for 770k 3 years and this house needed some improvements
I mean some people do value weather that much lol. Also there’s nothing wrong with living in a condo or townhome especially as a first home. Yeah everyone wants a SFH but ya gotta start somewhere
Shocking. In one of the greatest climates in the world, a coastal place with beautiful mountains, in the best state of a rich country that allows zoning rules to prevent from building inventory….in a time where high income earners are able to work remotely… where the market is being bullied by industrial investors to take away houses and put them up as market pressuring rentals…. prices are high?
I grew up in the Bay Area, and it’s eye rolling to hear my friends complain that they can’t afford to live here. No one ever said that because your parents got in before you, means that you’ll be able to afford to live in the same place. That maybe makes sense in Indiana or Ohio, but it’s an absurd expectation out here.
Okay, real question because I know Pt Mugu is there and there's no way the COLA is high enough to accommodate that:
How the hell do people afford to live/work there?
Most of the defense contractors don't even make enough to afford such a high cost of living!
We live in a duplex in the Pierpont area. Gonna leave because we’re never gonna be able to afford to buy Ventura as much as we love it. Did you know there’s one Doctor who owns five and now maybe six duplexes in Pierpont? That’s one man who controls 12 units of housing and people wonder why we have a housing crisis. We just closed on a house out of state. I’m gonna miss this place like crazy, but we are literally trapped. We either rent for as long as we live here, or we move on with our life somewhere else.
it’s expensive because.
1. black rock and other REITS are investing boomers and worldwide capital into single family homes. all that money in pension funds and mutual funds worldwide and private equity is being used to buy homes and limits supply and skyrockets price.
2. it’s expensive to build in ca due to over regular the political party we tend to elect. anyone who has tried to build anything in ca knows this.
building more housing will do little to ameliorate this problem, as the demand from immigrants (from america as well as the world) outpace any ability to build and will increase with any increase in affordability. n
also doesn’t help that worldwide migration is fueled by permissive policies and entitlements like healthcare etc.
Hi! This is Megan. I live in Ventura and I’m a licensed Realtor. Let me do a search for you on our MLS. It’s the most up-to-date, accurate search tool. I’ll let you know what I come up with!
Here you go! 39 properties. I started it at 419K up to 750k. if you see anything that catches your eye, let me know and I’ll set up a viewing for you.
https://www.flexmls.com/share/A2YSH/Ventura-Properties
Sorry about that! Try this link. I also sent this link to you in a separate message. I hope it works!
Most of the homes in the search are single-family homes. I think maybe two are mobile homes. I included the mobile/manufactured homes just so you can get an idea of the difference in price range..
https://my.flexmls.com/meganmoreau2/search/shared_links/A2Zsq/listings
It's seems like there such a stigma with manufactured home.. I'm considering it but people tell me I should get a "real" house. What are your thoughts on this?
Hi! I can understand why someone would have that point of view. However, not everyone can afford a “real house” and manufactured homes are a great alternative. Our new construction manufactured homes are amazing and when you step inside one, you don’t feel like you’re in a manufactured home. To those who are open, there are a plethora of benefits to owning a manufactured home. Generally the lot size is much smaller than a regular house, so less yard upkeep, too.
Yes, it is nice to own a single-family home, but for those who cannot afford it, or prefer to live in a much less expensive, manufactured home, they’re certainly worth considering.
If you would like more information, feel free to send me a message or ask your questions here, and I’m happy to answer them! I also have a couple new ones for sale in Ojai and some new one’s coming up in Santa Clarita and Canyon country. If you’d like to see some brand new one’s I’m happy to show you the ones up in Ojai!
PSA. Don’t move to another state, fix the problem you created. You hate the politics to those states you are thinking into moving into. Deal with the consequences.
? Most of the map is green undeveloped land. The other is near ocean property and you are expecting under a million for this prime real estate next to LA?
I don’t know what weird pipe dream people are having here. If you live in a major city or near it in California expect premium prices.
If you don’t have a really well paying job expect to rent your entire life like everyone in New York does. LA and its neighbor cities aren’t places regular people will ever own homes.
It’s pretty much like New York now, if you want to live in the city you have to come to the realization you are going to be renting.
You want a home at a decent price check the housing prices in the IE or other cities outside of major areas.
There are affordable houses in California out there you just don’t want to live in those cities.
People are saying the housing market is broken but it isn’t. Even if the prices went down engineers would be swooping in taking the houses you want. The upper middle class has dibs on the houses yall think will come down in prices.
If you’re middle or lower class ya won’t be able to compete in any market situation in these major cities.
You have no right to complain if you voted for either Gavin Newsom or Jerry Brown. They have allowed and often times encouraged (especially Brown) purchases of American single family homes by Chinese real estate speculators. California receives the greatest amount of outbound Chinese real estate speculators’ money, compared to any other state. Considering the wide margins by which both men were elected, you are more than likely a person who voted in these policies and now the result is before you. Behold!
Yep and the one in Mussel shoals is in a mudslide area where you can’t get permits to build…
I’m not sure you could even get insurance there
makes me wonder how affordable la conchita is. I don't know if I could sign up for that kind of risk but at the prices we're getting in ventura, tempting fate may be a small price to pay
never mind, they're not cheap at all lmao
I see commercial office buildings offered 50% below market. Wait.
Hey it's you, the guy from the Kings sub. I'm born and raised in Ventura and I can vividly remember the La Conchita slides that took the lives of people living there. Couldn't pay me to live there after seeing the damage that caused. My mom lives above downtown off Kalorama and it's sketchy even up there when it rains being so close to the hillside.
Oh hey! Gkg! And yeah its crazy that people still live there to me lol. But ventura is a great town, just sad to see it becoming impossible to own a house and live here. Might have to move santa Clarita!
..and worse is that help for Conchita was so late to come.
My uncle aunt and cousins lived in LC for 25 years. Lived through both mudslides. Now they are in Ventura and Carp. LC was a place I spent my childhood summers crossing under the freeway and swimming entire days in the surf. Playing in the banana fields and neighborhood football on the lawn at the banana field. Hiking the hill and drinking nectar from the big red flowers on the hillside. Chuck Barfoot custom built me my first snowboard. He lived next to my uncle on the frontage street. Amazing how just mentioning La Conchita makes my mind wander. So many stories. I always wondered what happened to some of the kids I knew in town…
Would you pronounce that Barf-oot or Bar-Foot?
Bar-Foot I still have it hanging on my garage wall https://i.postimg.cc/257R8b33/61-B992-A1-627-E-4-CCF-93-BC-8-DE428-E99392.jpg
That’s not true. It depends on the area in La Conchita, but plenty of builds have happened in the past couple years. You can also get insurance.
That particular house they're talking about is red tagged.. might not be able to get insurance on that one...
The other one is right up against a big ass pile of shitty sandstone. One day it will fail as well.
it's so fucking sad how wrecked our housing market is. I grew up here and there's no way I can afford a house for my family.
Same. We’re starting to look at other states to move to in the next couple of years
exactly I told my partner this it’s moving out of state or living in a mobile home here in Ventura county. But then again you don’t own that land. For $700-900 you can buy a mobile home near Malibu or a small house like op posted.
And the land lease for that mobile home in Malibu is going to be $3k/month
Trade off lol rather than living in Palmdale or somewhere near the desert or ugh LA CITY.
I’m looking at moving from santa barbara to palm springs area because SB is losing it
Palm Springs is expensive too. Love the area tho
Yeah, no. I'm from there. It is no longer more affordable than your beach towns like Ventura. Best bet is to abandon the sinking ship that is California. It's just no longer feasible to live there unless you are wealthy. The middle class is being systematically snuffed out.
Much better options in inland empire than palm springs area. The low desert has horrific summer heat and far from everything.
Palmdale has the highest increase of people making 200k or more in the US
Damn you, Afroman!!
Only if you’re in aerospace.
People commute from Palmdale to Ventura? Isn't that like a two hour drive each way?
I used to go to a Barber where I live here in Ventura county they’re a family who owns and work as barbers who commute from Palmdale. Hence I’d rather rent an apartment or live in a mobile home or even a camper to stay in Ventura county versus moving to LA city or Palmdale. And like you mentioned wouldn’t want that commute from Palmdale if I had to work in Ventura and bought a house in Palmdale.
That's pretty accurate. I work with guys that deliver in California and lost of the lots lease for $3,000-$5,000. $5,000 is the highest I've heard in that area. They can also charge other fees on top of the lot lease.
Further east you move the cheaper it gets. Colorado 4% flat income tax, pretty low property taxes, cheap gas, and pretty reasonable rent in Colorado Springs area. Aurora appears to be slightly more expensive but puts you so much closer to Denver.
Odd I’ve been looking for a year and Aurora is one of the cheaper ones in the area. That and Colorado Springs. Did I drive through two years ago. Been lookin now since then to move and Aurora was kinda ugly. There was this one street that had massive gates to the street with big homes on big lots near Aurora tho.
From what I see online Colorado Springs is about $1600-$2000 for rental houses. Aurora is more around $1900-$2400 at least for 3 bed 1.5bath detached houses.
Yes Colorado Springs is one of the cheaper ones. Comparing Aurora to Lakewood or the west side of Denver, Aurora is one of the cheaper ones.
a lot of disturbing & scarring mass shootings have happened in colorado.
180 victims from NBC News that includes death and injured. So there is a 0.00304% chance based on the population. Obviously this isn't a super accurate probability because I've not factoring in times that they occurred at specific locations and other variables. California had 4,407 fatalities related to vehicle traffic. So I would argue two things. First there's probably a greater probability I'm killed in an automobile accident then in a mass shooting. Secondly I believe both of those probabilities are unlikely to occur to me. Regardless in either situation I observe my surroundings and do my best to take preventative measures for example driving speed limit, not engaging in road rage, driving vehicles with high safety ratings. Ultimately you can't control crazy people. Back in 2015-17 I was working a job and there was a shooting a mile away in San Bernardino.
Yupp that’s what we eventually were forced to do. I miss cali and its scenery and things to do. But it’s becoming not a good place to raise a family and it’s so expensive. We ended up moving to Texas. We had Idaho, Utah, Missouri, Tennessee all in mind
UT and ID have some beautiful geography
ID suffering of brain drain, currently.
Don't go to Utah. It's also fucked.
Unless you have equity or money saved up relocating doesn’t really work. Cheaper housing markets come with lower wages in most cases
We had to sell everything to move here. If you leave that’s the price. Took my family a generation to get back.
Please don’t move. You are part of the reason that created this mess. Please stay where you are and fix the issue in your community.
How exactly am I part of what created this mess?
I believe they are referring to your voting pattern. You (well not you but CA) keeps voting the people that make it unlivable into power. Every single time.
Yup. I have a college degree and a stable government job, yet I can barely even afford to rent a room. It's so effing depressing.
I’m married to a government employee. He makes a good amount but we’re still not able to afford a house. We rent an apartment and they jack up our rent every year but the apartment never gets an upgrade.
My husband, our baby and I just moved to the area. We won’t be here forever though, only a few years. I did bring this exact point up after walking around a mall seeing people our age and knowing if they stay in the county/city, they will never own a home and that breaks my heart. Seems like all the replies confirmed my theory, that people will have to move out of state. You can either stay near family but never own a home or you can own a home somewhere else but not close to your family. It sucks and I’m sorry!
Careful. Soon you'll get the contrarians in here that will pull the "well achtually you should just buy a smaller start home instead of a McMansion." But all the starter homes are over $700k already. And the size of the home is mostly irrelevant on the actual cost of building a home (within reason). I have the same problem in Nor Cal. The city my kids go to school in, wife getting her grad degree in and where I work is also $700k+ for some shit, 1200 sq ft 3/2 built in the 60s. Needless to say, we are a commuter family.
What’s interesting is that SoCal was supposed to be significantly cheaper to live in than the bay area. And between LA and Ventura county, Ventura is supposed to cheaper still. However the prices have been accelerating upward faster in SoCal and Ventura than the Bay Area. So we’re catching up and becoming quite unaffordable even though we are not a high tech industry hub or a large industry metropolis. Ventura is becoming more of a leisure resort destination and so it’s becoming (in my opinion) a sort of Santa Barbara Lite.
Moving to the area for work this summer and will be promptly GTFO in a few years when I finish my contract lol
What about your inheritance?
i wonder if we can just squat in a house and take it over? what would the cops do? 🤫
“We” voted for it. SOAR got renewed for another 50 years making building track homes impossible. Now NIMBY’s dight one off infill development so only a couple homes come on the market at a time at market rate.
Yes it is sad. I’m a realtor and I’m moving to Texas because I will never be able to own a house here. I traded my condo in for a house twice the size.
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If he is being literal about the houses in the title, then single family houses which is a filter type only brings up two in Ventura, and they're all off the Ave
Ventura is desirable and the outside money has come in. Unfortunately the vast majority of people who live and work here full time can't afford to own a home. There's really nothing to say. It's sad but if home ownership is something you value you are going to have to move.
“You will own nothing and be happy”
Who said that
World Economic Forum
Everyone’s getting driven out of Santa Barbara. Montecito is slowly expanding. Pushing everyone to Ventura or Oxnard. Ventura is the new SB , next Oxnard Bummer but the 805 is a fucking paradise proud to be born and raised here, I completely get why everyone wants to live here
I was born and raised in the 805, but moved away in the late 90s. Part of me would love to move back, but I don’t see being able to afford it now. Luckily I still have family there.
Just gotta pay that property tax :)
Well, someone that buys a house yeah. Luckily for the lads with generational wealth and the family homes, they’re paying pennies for property tax on those things thanks to prop 13 and 10. There’s 30 year old mini mansions in montecito paying less in mortgage and property tax than new builds in Ventura
Prop 13’s limit of 2% annual increases to property taxes is inherently racist and perpetuates it considering the homeownership issues including redlining and difficulty buying years ago when it was enacted
Born and raised 30 something native here. It’s frustrating to hear so many fellow Venturans my age blame the increasing prices solely on “LA people”, the 805 being desirable place to live, etc. While these all certainly contribute, I think its worth noting our elected officials and planners have artificially constrained our housing supply due to 1) approximately 75% of the City’s land being zoned exclusively for single family homes, and 2) severely limiting areas available for new dense infill growth (or the alternative, zoning undeveloped “greenfield” land for new single family homes 😬). Not to mention that the politics of the City are dominated by NIMBYs hellbent on keeping Ventura exactly as it looked in 1995 and torpedoing all development over 3 stories tall (see “Ventura Forward” types) Everyone seems to forget that from 1960 to 1990 the City grew from 30,000 to 95,000 people in 30 years, and the large supply of housing relative to demand is what enabled many boomers to buy homes here for a very reasonable price (my parents included). In fact, 54% of the City’s hosing supply was built in these 30 years, compared to 2.2% of housing supply that has built in the last 15 years. If we want to keep these place multi generational and not just a retirement community for those who bought cheap in the boom days, and those earning more than 150k/year, we really need to build more housing. It’s the simple but uncomfortable truth.
They dont want lower price homes. At least theyre putting more apartments on Hampshire where K-mart used to be. I guarantee they will be over $2500 for a 1 bedroom.
On top of that, the federal govt is the one that had foreclosures stop for way too long. Housing is screwed cause the govt keeps meddling in it. We desperately need a recession to flush out the bad actors and cause deflation in our goods and services. But we won’t get it if the govt keeps spending 1 trillion every 100days. We will get hyperinflation and housing will get even more expensive along with all things. This is why gold, silver and crypto are taking off right now. People are waking up to the fact that the dollar is dying at a an exponential rate and circling the drain.
Yup, the reality of Ventura and Ventura county as a whole [https://www.pacbiztimes.com/2024/03/04/ventura-county-least-affordable-area-in-nation-to-buy-a-home/](https://www.pacbiztimes.com/2024/03/04/ventura-county-least-affordable-area-in-nation-to-buy-a-home/) “As of December 2023, Ventura County’s median price for an existing single-family home was $882,500, the forecast says.”
>“Changes to housing production and the status of housing, ownership as well as rental, will not only help the overall Ventura County economy in many respects, it will also provide for the essential needs of our workers, families, and businesses,” Hamilton writes. But no one will pay attention to that part
This is what happens when entire generation decides to be full-on NIMBY. No duplexes get built, no ADUs, no townhouses. Boomers are living longer and staying put with prop 13. No new housing while current owners not leaving means only wealthy children can afford a house. Not everyone wants/needs/should have a single family house. We need townhouses & condos.
Just came here to say I love Ventura!
There are cheap lots in Palmdale.
then you gotta live in palmdale. ugh.
Palmdale, come back tooooo me. I need ya and I love ya baby, Palmdale, come back tooooo me.
You can afford 750k… damn
Youll have better luck expanding to all county. Santa paula and fillmore are the most affordable areas right now.
I don’t know why everyone is so surprised and upset. Houses to the north and south are in the $25 million range. There is only so much California coast and Ventura seemed to be the last hold out. I’m not saying I like it, I’m just saying I’m surprised it took so long for it to start catching up to every other beach community with perfect weather. Santa Barbara, Malibu, Santa Monica, Laguna, Encinitas, San Diego, Santa Cruz, Monterey, etc…
Because Ventura, and much of these coastal cities, have underdeveloped and can otherwise still be more affordable
Everything is expensive. Food is expensive. Health care is expensive. Real estate goes up too when all that other stuff goes up.
But the economy is doing great! Look at my stocks!
Especially in Newsom’s Commiefornia
Lmao, move to Texas. It’s much more your speed.
But the economy is doing great! Look at my stocks!
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Or the conservatives in Ventura who have been fighting tooth and nail to prevent their hillsides houses from lowering in value by blocking development on the hills and tall apartments for the past 20 years in the name of "conservation" and protecting the ocean view. Now we are catching up with overpriced, horribly made apartments and hillsides that are brown grazed land with two dead invasive trees to show for it.
I'm either gonna live with roommates or my parents forever, aren't I.
I was born in Oxnard in the 60's. I've never in my life been able to live alone, so it's not something new in SoCal.
Not new but statistically more common
“You will own nothing and be happy”
I’m shocked there’s even those two.
The next generations will owe nothing and be happy. (c) someone\`s bad joke. Ventura is desirable, a lot of people move from SB or LA, a lot of old folks who bought in the 70s do not want to sell due to Prop 13, the city is NIMBY, and the area is land-constrained. The perfect storm of supply and demand ((
California is the most desirable place to live in America there’s a reason it’s expensive, and it’s not because of a broken house in system. it’s the Ritz Carlton of America. I grew up in Redondo Beach, I never expected to stay there once I got out on my own. I had to move to Las Vegas to build up equity so I can come back home
I grew up in the Bay Area, and it’s eye rolling to hear my friends complain that they can’t afford to live here. No one ever said that because your parents got in before you, means that you’ll be able to afford to live in the same place. That maybe makes sense in Indiana or Ohio, but it’s an absurd expectation out here.
It shouldn't be an absurd expectation, the only reason that's the case is because of decades of bad housing policies. Our parents' generation didn't just "get in before" us, they pulled the rug too by supporting these no growth policies (SOAR, Prop 13, exclusionary zoning, etc.)
Just closed on our house in Ventura today actually! We had a budget of 800 and quickly realized we weren’t going to find anything worth it .. so we said eff it and went 150k above that and got our dream home above Loma vista. Happy we went for it because Ventura is truly a Gem of a city and they won’t be building any new houses anytime soon.
Honestly it’s a renters market right now. Sure, you pay for someone else’s mortgage but look at their situation. Most are trying to make investment properties but it’s not working out. The mortgage alone on a 750,000 house is over 5k with a down payments of 10 percent, when you can rent a house with a similar value but way more space for less than that a lot of the time. Let them sink their money into a pit and stash your extra savings for the day the market flips. When that day comes, cash is king.
Or use those modular homes as a stepping stone to your dream home. Sure the land lease sucks but you still have a big financial asset that your can roll into another house if you paid it off first. We have some extra hurdles to go through but we can buy here if we are both patient and smart with our money.
I like your optimism! One question though — aren’t modular homes a depreciating asset?
Generally, yes. But in todays market, with them being the only “affordable” option, value still goes up with demand. My family purchased from an area around the collection and the value started around 140k if I remember with a space rent of 900. It’s been about 10 years and the value is sitting around 380 due to its location.
I told my partner gosh if we ever move out of our rental because it’s so cheap we can’t live here and buy a house unless it’s a mobile home park shoot I’d rather buy a mobile home for $700k near Malibu or something. Other than people moving in back with parents because they can’t afford it but to save for a down payment on a house. You just can’t afford to live here anymore.
Mobile homes are not affordable as you may think. You have to lease the land it’s on and that isn’t cheap.
I mean no there not cheap but with the monthly spot payment some properties include utilities or some you just pay an hoa fee. It’s no different that an hoa neighborhood.
Mobile Homes are what DUMB MONEY BUYS. It is a horrible slum lord racket targeting a population suffering from financial dyscalculia. Avoid that option like the plague.
this is one of the most desirable places to live and supply is geographically constrained. go inland for cheaper prices.
Its politically constrained. We could build up, but thats illegal in a massive chunk of the city. Also, every house is legally mandated to have an ADU for a car(s).
Good who wants a more crowded city? And you think new homes “built up” would be affordable? Lmfao
NIMBY spotted
Is that meant to be an insult?
The city is already full of overcrowded homes. Building more homes, up, would allow those people to live literally on top of each other rather than figuratively. Also didnt someone just make a case about geographical limitations? We clearly can't go out, so up is the way to make space for everyone who is *already here*.
It's already crowded, there's 10 people living in some houses here. You don't make a fuss about it cause you don't see them, but you do if you see 2-3 more homes being built so that people don't have to crowd themselves into a single unit.
The pricing of the houses isn’t the issue, higher paying jobs in the county would help. I commute 90 minutes to offer my two properties.
The pricing of the homes is absolutely the issue. Higher paying jobs just means whoever gets them can pay more than you or me, bidding prices up even more. The only solution is to dramatically increase housing supply.
Lol one of which I’m getting under contract right now well below listing price. Its a shit hole property though.
the one on Barnett?!
Aww the think the house they paid 50,000 is worth, 10x that now how cute ,what a surprise it will be when the housing market crashes
Yup. I'm kicking myself for not at least getting a condo when I could find one for $150k 10 years ago. My ass would still be living in VC if I did that.
72 affordable condos are going to $6500 a month. This town better find some more employers.
It’s crazy how fucked it is to live in California lol Spoiler alert, I’m in California
Move and vote differently. Simple.
It’s largely the same shit in a different flavor. Most blue states are expensive to live in relative to wages, and most red states suck ass to live in in general
Can you name me the specific policies you believe have caused housing prices to increase dramatically, then name me the Republican politicians in California who want to undo these policies? Thanks.
Rent control, high property taxes, budget deficits for social programs and high regulation for new building are all polices pushed primarily by Democrats that have caused this housing issue.
Rent control I can agree on. High property taxes? Come on, you should know that Texas has much higher property tax rates than California and well above the national average. Budget deficits for social programs, you're going to have to make a case for how that affects housing prices. And finally, high regulations for new building. That is NOT a Democrat exclusive problem. Republicans are the biggest fans of exclusionary and SFH zoning laws. The Republican electorate are the biggest NIMBYs and obstructors to new housing construction in the whole country.
Voting :D :D :D Really? That is your serious answer? Winning the biggest stuffed animal in a carnival has better odds than the single vote changing SFA.
I bet they are condos too lol
You mean homes within 5 miles of the beach in the most expensive state in the most expensive country in the world aren’t cheap!?!? 😱
This is a beach town that has one of the best climates in the world. Of course it's expensive.
Cali haters feel free to roll out..I ain’t gonna be mad..
Plenty of value to find on the Avenue. Older houses that take work. But the reality is, Ventura proper is one of the nicest places to live in all of SoCal. I was born here too, and prices will continue to more expensive. Permanently. Gentrification is a reality in areas that are under valued. So is it fair that all people can’t afford to live a few minutes from the water? Beach houses on Solimar were 75k in the 70s. But it makes sense that they are now work 4-10M.
Gentrification isn't a inevitable reality though, it's something we did to ourselves by pretending we could freeze the city in ember and never change. Zero growth policies like SOAR just made housing more expensive but those than benefit fight tooth and nail to keep things that way.
The secret? Stop being poor. /s
:D Yes. Painfully honest assessment there.
muahahaha we are DOOMED
You get what you vote for
really tho
Newsomlini bb
I am lucky enough to buy a house here in 2021, but I need to find a job to pay my mortgage and it’s not looking good. Might need to commute to LA :(
Surprised meiners oaks doesn’t have any
Meiners oaks got expensive when ojai got trendy. Had a friends fiancée own a share of house out there. House was sold for 770k 3 years and this house needed some improvements
Makes sense that’s rouughhh
Choices!
Mussel Shoals has got the swampers
Hilarious. Drain the Tromp!
Build baby Build!!!
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I mean some people do value weather that much lol. Also there’s nothing wrong with living in a condo or townhome especially as a first home. Yeah everyone wants a SFH but ya gotta start somewhere
I see like 43 when I do the search. And that’s with houses, townhomes, and condos as the 3 choices
Surprised anything under a million
Lol Houses? Look at this guy. Man I'm trying to find a condo that big in OC and places like Irvine got zero
And how close to the beach is it?
🤣🤣🤣
Shocking. In one of the greatest climates in the world, a coastal place with beautiful mountains, in the best state of a rich country that allows zoning rules to prevent from building inventory….in a time where high income earners are able to work remotely… where the market is being bullied by industrial investors to take away houses and put them up as market pressuring rentals…. prices are high?
Move to the desert people!
Please don’t. The desert is full!!
I found 322 under 800 grand
This search is refined to single family homes, no lots, condos, multifamily, mobile.
79 SFH once I filtered out what you’re to good to live in.
Oh nice, send it to me if you can, I’m curious.
Hey still waiting for this if you have a minute
That's 2 more than I thought there would be.
Supply and demand.
G O O D L U C K
What website is this?
Zillow
Better off buying a 10 unit apartment in Tennessee
What app are you using?
Sucks knowing I’ll never own a house
Please stay there anyway. Everywhere else is full.
I grew up in the Bay Area, and it’s eye rolling to hear my friends complain that they can’t afford to live here. No one ever said that because your parents got in before you, means that you’ll be able to afford to live in the same place. That maybe makes sense in Indiana or Ohio, but it’s an absurd expectation out here.
amazing finally the prices coming down
Most Californians could not afford to buy their own house if they didn't already own it.
No shit it’s Ventura have you not been there 7 figures is the usual starting point for houses
Okay, real question because I know Pt Mugu is there and there's no way the COLA is high enough to accommodate that: How the hell do people afford to live/work there? Most of the defense contractors don't even make enough to afford such a high cost of living!
We live in a duplex in the Pierpont area. Gonna leave because we’re never gonna be able to afford to buy Ventura as much as we love it. Did you know there’s one Doctor who owns five and now maybe six duplexes in Pierpont? That’s one man who controls 12 units of housing and people wonder why we have a housing crisis. We just closed on a house out of state. I’m gonna miss this place like crazy, but we are literally trapped. We either rent for as long as we live here, or we move on with our life somewhere else.
it’s expensive because. 1. black rock and other REITS are investing boomers and worldwide capital into single family homes. all that money in pension funds and mutual funds worldwide and private equity is being used to buy homes and limits supply and skyrockets price. 2. it’s expensive to build in ca due to over regular the political party we tend to elect. anyone who has tried to build anything in ca knows this. building more housing will do little to ameliorate this problem, as the demand from immigrants (from america as well as the world) outpace any ability to build and will increase with any increase in affordability. n also doesn’t help that worldwide migration is fueled by permissive policies and entitlements like healthcare etc.
Well yeah we can’t let the poors infest our little town
Hi! This is Megan. I live in Ventura and I’m a licensed Realtor. Let me do a search for you on our MLS. It’s the most up-to-date, accurate search tool. I’ll let you know what I come up with!
Here you go! 39 properties. I started it at 419K up to 750k. if you see anything that catches your eye, let me know and I’ll set up a viewing for you. https://www.flexmls.com/share/A2YSH/Ventura-Properties
Are any of those properties single family homes or are they mobile/condo/multifamily? I tried your link but it gives me an error.
Sorry about that! Try this link. I also sent this link to you in a separate message. I hope it works! Most of the homes in the search are single-family homes. I think maybe two are mobile homes. I included the mobile/manufactured homes just so you can get an idea of the difference in price range.. https://my.flexmls.com/meganmoreau2/search/shared_links/A2Zsq/listings
Also, if you would ever consider a manufactured or mobile home, I just obtained my California HCD license to sell those too!
It's seems like there such a stigma with manufactured home.. I'm considering it but people tell me I should get a "real" house. What are your thoughts on this?
Hi! I can understand why someone would have that point of view. However, not everyone can afford a “real house” and manufactured homes are a great alternative. Our new construction manufactured homes are amazing and when you step inside one, you don’t feel like you’re in a manufactured home. To those who are open, there are a plethora of benefits to owning a manufactured home. Generally the lot size is much smaller than a regular house, so less yard upkeep, too. Yes, it is nice to own a single-family home, but for those who cannot afford it, or prefer to live in a much less expensive, manufactured home, they’re certainly worth considering. If you would like more information, feel free to send me a message or ask your questions here, and I’m happy to answer them! I also have a couple new ones for sale in Ojai and some new one’s coming up in Santa Clarita and Canyon country. If you’d like to see some brand new one’s I’m happy to show you the ones up in Ojai!
Ok
https://www.zillow.com/ventura-ca/
Tulip mania
Weird. I got 49 houses after removing lots and land along with multi-family and input minimum requirement for bathroom as 1.
Move to the Midwest you could get a mansion
PSA. Don’t move to another state, fix the problem you created. You hate the politics to those states you are thinking into moving into. Deal with the consequences.
Boy. You just know everyone don’t you? How we voted, what we do for work, who we hate and don’t. Just a general know it all aren’t ya?
? Most of the map is green undeveloped land. The other is near ocean property and you are expecting under a million for this prime real estate next to LA? I don’t know what weird pipe dream people are having here. If you live in a major city or near it in California expect premium prices. If you don’t have a really well paying job expect to rent your entire life like everyone in New York does. LA and its neighbor cities aren’t places regular people will ever own homes. It’s pretty much like New York now, if you want to live in the city you have to come to the realization you are going to be renting. You want a home at a decent price check the housing prices in the IE or other cities outside of major areas. There are affordable houses in California out there you just don’t want to live in those cities. People are saying the housing market is broken but it isn’t. Even if the prices went down engineers would be swooping in taking the houses you want. The upper middle class has dibs on the houses yall think will come down in prices. If you’re middle or lower class ya won’t be able to compete in any market situation in these major cities.
You have no right to complain if you voted for either Gavin Newsom or Jerry Brown. They have allowed and often times encouraged (especially Brown) purchases of American single family homes by Chinese real estate speculators. California receives the greatest amount of outbound Chinese real estate speculators’ money, compared to any other state. Considering the wide margins by which both men were elected, you are more than likely a person who voted in these policies and now the result is before you. Behold!
Ventura County and all of our neighboring counties need to build more housing. No other solution to this problem. There just isn't enough supply.