Feeling like an eternity and three extra lifetimes have passed, The Experimental Expats have finally taken the first baby step towards retirement in Malaysia. Exactly 487 days after being rudely “downsized” from my crappy but reasonably well-paying job, we met with our real estate agent last night to discuss the pricing of our home. Probably one of the most exciting feelings, it’s actually not as easy as it sounds. Using comparably similar houses that sold in the last year (comps) as well as a series of minor mathematical calculations about price per square foot, our agent gave us a recommendation that was within what we’d be hoping to receive. With 41 days to go until we can file our MM2H Visa, the anxiousness is getting intense.
Those of you following our story for the last five months know that the boss (Diane) has laid down the rules about not posting our personal finances and I’m contractually bound to respect this request (Basically, this means our marriage contract may as well be void if I violated these rules). Understanding curiosity and a wish to identify with the story, I offer this link as a general guideline to the Overpriced Land of The Sellers Market otherwise known as The San Francisco Bay Area. I have no idea why this magical land of Utopia trounces the national average for home prices by at least five-fold other than the claim that “we have the jobs”. While statistically true, the “affordability index” is also dead last for all 50 states which means 95% of all buyers are simply living the typical American dream that requires working to the grave and two-hour commutes. And that’s just fine by me.