The whole $1m median price in San Jose never really made sense to me. Sure it probably makes statistical sense, but there is a wide enough range on prices that something affordable is still possible.
My neighborhood is a decent part of east side and houses on my blocks are going for $650k-$800k. Sure they were half that exactly 6 years ago during the last slump, but it seems unlikely we’ll slide that far again unless a whole lot of people move out of the area.
