Thursday, June 23, 2005

First Post

Here's my first post and it's of course a rant. A bit of background first though. About the name: I think monkeys are hilarious. And while there is a certain "In Chief" who is the real "Monkey In Chief" for generally looking and acting like a chimp while sending the country down the tubes, he has not claimed the name so I've taken it mostly for my own amusement.

Second order of business, I can't spell well. I tend to leave words out when I write. I don't have the time or the energy to proof these posts so that's just the way it is.

Now for my rant. I live in the San Francisco Bay Area and make it a good income but it's impossible to find a decent place to live at anything approaching a reasonable price. I'd really prefer to buy something but $700,000 for a starter house in a decent area is insane and beyond my budget. I'm not willing to commute the hour plus each way to get a cheaper area. Though rental market is supposedly softer after the Internet bust, rents are still insane by the standards of anywhere else in the country except Manhattan.

What really pisses me off about all this is the houses in this area were mostly built in the early 1950's to be easily affordable on one blue collar income. These days is it's a stretch to buy a starter house on 2 professional incomes. When this real estate bubble bursts and all those who supported the insanity with their interest only loans are in deep shit, I'm not going to have sympathy for them

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