[quote=moneymaker]Like the Winston Churchill quote and bookmarked the site. Also bought post bubble, 10 years ago. So real estate is not on my priority list. Still fun to watch as my wife seems to be addicted to it. The stock market is also starting to get boring, Trump needs to spout off more often to shake things up, got about 30% cash waiting for something to happen. For lent I think I’ll become anti-commercial and try not to spend any more money than I need to.
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slightly off the RE topic,… but since you mentioned it, back in a high school religion class had a discussion about what we were suppose to do during lent (i.e. the act of giving up something to practice self-discipline and remember the sacrifices Jesus made),… so shared I needed to rid myself of my habit of,… procrastination!
that was decades ago,… sadly I still have and should rid myself of a procrastination addiction?!
as for “local” RE prices,… for the most part they reflect supply and demand along w/ being a function of access to credit
for the past few years we see demand high and supply low,… hence as expected prices of existing san diego RE is being bid upward,… which also means decreased general affordability
BUT given access to credit isn’t as widespread as it was back in the sub-prime lending mania of 2003-2007,… there isn’t as much excitement discussing housing prices because there are fewer players and FWIW as I read the tea leaves we’re in an extended period of a more subtle greater fool credit bubble
