- This topic has 60 replies, 10 voices, and was last updated 15 years, 10 months ago by (former)FormerSanDiegan.
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January 8, 2009 at 12:42 PM #14788January 8, 2009 at 1:30 PM #326010(former)FormerSanDieganParticipant
The San Diego real estate cycle has been ahead of the LA cycle for the past several years. The peak happened almost a year later in LA and the decline started in SD well ahead of LA. Shouldn’t SD have already been seeing these declines ?
Maybe SD has experienced this already and perhaps I missed or have forgotten about it.
January 8, 2009 at 1:30 PM #326524(former)FormerSanDieganParticipantThe San Diego real estate cycle has been ahead of the LA cycle for the past several years. The peak happened almost a year later in LA and the decline started in SD well ahead of LA. Shouldn’t SD have already been seeing these declines ?
Maybe SD has experienced this already and perhaps I missed or have forgotten about it.
January 8, 2009 at 1:30 PM #326440(former)FormerSanDieganParticipantThe San Diego real estate cycle has been ahead of the LA cycle for the past several years. The peak happened almost a year later in LA and the decline started in SD well ahead of LA. Shouldn’t SD have already been seeing these declines ?
Maybe SD has experienced this already and perhaps I missed or have forgotten about it.
January 8, 2009 at 1:30 PM #326421(former)FormerSanDieganParticipantThe San Diego real estate cycle has been ahead of the LA cycle for the past several years. The peak happened almost a year later in LA and the decline started in SD well ahead of LA. Shouldn’t SD have already been seeing these declines ?
Maybe SD has experienced this already and perhaps I missed or have forgotten about it.
January 8, 2009 at 1:30 PM #326353(former)FormerSanDieganParticipantThe San Diego real estate cycle has been ahead of the LA cycle for the past several years. The peak happened almost a year later in LA and the decline started in SD well ahead of LA. Shouldn’t SD have already been seeing these declines ?
Maybe SD has experienced this already and perhaps I missed or have forgotten about it.
January 8, 2009 at 1:44 PM #326450Diego MamaniParticipantVery interesting. Hopefully a reporter will investigate the rents’ trend in apartments vs. condos vs. SFHs, which I believe are different beasts.
Many Piggingtonians are biting the bullet and searching for a house to buy based on a favorable (or nearly neutral/favorable) rent vs. buy calculation. However, as the recession and deflationary environment get worse in 2009-2010, watch our for declining rents.
You may still find out that you grossly overpaid for a house if rents continue to drop substantially.
January 8, 2009 at 1:44 PM #326363Diego MamaniParticipantVery interesting. Hopefully a reporter will investigate the rents’ trend in apartments vs. condos vs. SFHs, which I believe are different beasts.
Many Piggingtonians are biting the bullet and searching for a house to buy based on a favorable (or nearly neutral/favorable) rent vs. buy calculation. However, as the recession and deflationary environment get worse in 2009-2010, watch our for declining rents.
You may still find out that you grossly overpaid for a house if rents continue to drop substantially.
January 8, 2009 at 1:44 PM #326020Diego MamaniParticipantVery interesting. Hopefully a reporter will investigate the rents’ trend in apartments vs. condos vs. SFHs, which I believe are different beasts.
Many Piggingtonians are biting the bullet and searching for a house to buy based on a favorable (or nearly neutral/favorable) rent vs. buy calculation. However, as the recession and deflationary environment get worse in 2009-2010, watch our for declining rents.
You may still find out that you grossly overpaid for a house if rents continue to drop substantially.
January 8, 2009 at 1:44 PM #326534Diego MamaniParticipantVery interesting. Hopefully a reporter will investigate the rents’ trend in apartments vs. condos vs. SFHs, which I believe are different beasts.
Many Piggingtonians are biting the bullet and searching for a house to buy based on a favorable (or nearly neutral/favorable) rent vs. buy calculation. However, as the recession and deflationary environment get worse in 2009-2010, watch our for declining rents.
You may still find out that you grossly overpaid for a house if rents continue to drop substantially.
January 8, 2009 at 1:44 PM #326431Diego MamaniParticipantVery interesting. Hopefully a reporter will investigate the rents’ trend in apartments vs. condos vs. SFHs, which I believe are different beasts.
Many Piggingtonians are biting the bullet and searching for a house to buy based on a favorable (or nearly neutral/favorable) rent vs. buy calculation. However, as the recession and deflationary environment get worse in 2009-2010, watch our for declining rents.
You may still find out that you grossly overpaid for a house if rents continue to drop substantially.
January 8, 2009 at 1:49 PM #326544crParticipantAll the more reason for home prices to continue falling for several more years.
January 8, 2009 at 1:49 PM #326460crParticipantAll the more reason for home prices to continue falling for several more years.
January 8, 2009 at 1:49 PM #326441crParticipantAll the more reason for home prices to continue falling for several more years.
January 8, 2009 at 1:49 PM #326030crParticipantAll the more reason for home prices to continue falling for several more years.
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