- This topic has 398 replies, 66 voices, and was last updated 2 years, 9 months ago by
The-Shoveler.
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July 3, 2007 at 1:32 PM #9443July 3, 2007 at 1:41 PM #63657
waiting hawk
Participant“Minimal RE downturn in CA is limited to areas where there was land to build new houses: ie San Diego, Sacramento, and Riverside county areas.”
HAHA by “Minimal”, do you mean 50% off? Proof in Sac for ya!
July 3, 2007 at 1:41 PM #63711Participant“Minimal RE downturn in CA is limited to areas where there was land to build new houses: ie San Diego, Sacramento, and Riverside county areas.”
HAHA by “Minimal”, do you mean 50% off? Proof in Sac for ya!
July 3, 2007 at 1:41 PM #63659blahblahblah
ParticipantYes, the real estate market here has reached a permanently high plateau. Everyone wants to live in San Diego. Better buy now or be priced out forever. You have to pay a premium for the “sunshine tax”. We are just a bunch of jealous bitter renters on this site. We are all doomed and will never own any property. You, however, will be the next Donald Trump and will soon manage your own media and real estate empire. In 5 years, we’ll watch the late-night infomercials for your real estate investment system on our black and white televisions and wish that we had listened to your advice. We’ll quietly sob as we eat Alpo, the only food we can afford because most of our meager incomes goes to our landlords.
July 3, 2007 at 1:41 PM #63713ParticipantYes, the real estate market here has reached a permanently high plateau. Everyone wants to live in San Diego. Better buy now or be priced out forever. You have to pay a premium for the “sunshine tax”. We are just a bunch of jealous bitter renters on this site. We are all doomed and will never own any property. You, however, will be the next Donald Trump and will soon manage your own media and real estate empire. In 5 years, we’ll watch the late-night infomercials for your real estate investment system on our black and white televisions and wish that we had listened to your advice. We’ll quietly sob as we eat Alpo, the only food we can afford because most of our meager incomes goes to our landlords.
July 3, 2007 at 1:52 PM #63667JWM in SD
ParticipantHey Scruffy Dog (or maybe Scruffy DipSh*t),
That’s great, then go buy a house right now…in fact, go buy 2 or 3 with and I/O…oh, wait,you can’t get those loans anymore. Hmmm…
I have cash adn I have time. What do you have????
July 3, 2007 at 1:52 PM #63721ParticipantHey Scruffy Dog (or maybe Scruffy DipSh*t),
That’s great, then go buy a house right now…in fact, go buy 2 or 3 with and I/O…oh, wait,you can’t get those loans anymore. Hmmm…
I have cash adn I have time. What do you have????
July 3, 2007 at 2:39 PM #63675davelj
ParticipantDear Scruffy,
Early-1990 called. They want their (identical) observations, opinions and forecast back.
Signed,
DaveJuly 3, 2007 at 2:39 PM #63729ParticipantDear Scruffy,
Early-1990 called. They want their (identical) observations, opinions and forecast back.
Signed,
DaveJuly 3, 2007 at 2:40 PM #63677lendingbubblecontinues
ParticipantScruffy- the first of many who will come in “guns ablazin” when they realize that we here at this site have been predicting their current predicaments for many years now.
Sorry, scruffy. Sounds like you are toast.
July 3, 2007 at 2:40 PM #63731ParticipantScruffy- the first of many who will come in “guns ablazin” when they realize that we here at this site have been predicting their current predicaments for many years now.
Sorry, scruffy. Sounds like you are toast.
July 3, 2007 at 2:42 PM #63679sdrealtor
ParticipantPlease don’t feed the trolls.
July 3, 2007 at 2:42 PM #63733ParticipantPlease don’t feed the trolls.
July 3, 2007 at 2:44 PM #63680(former)FormerSanDiegan
ParticipantWay to go, scruffydog.
I think you are correct. Very excellent and thorough analysis, backed by a lot of supporting data. That’s right, they are not making any more land. Coastal CA is doing great.
Not only that, I am sure that you are extremely successful, have an exceptionally high IQ, and can spot a great deal when it drops in your lap.
Since you are so cool and the coastal housing market and economy are so great, I am willing to give you a once-in-a-lifetime opportunity to purchase my coastal rental property at a 5% discount to current value, determined as follows :
Take my original purchase price and apply the percentage gain in the San Diego Resale median from the month I purchased it to the current month. Then take a 5% discount for you for being such a great person.I bought in October 2002 for 340K. SD median increased by 58% from 10/02 to 5/07. Today’s value = 340K *1.58 = 537K. I’ll give it to you for 510K. It’s like I’m giving you 27K.
Just post your email and I’ll send you all the details.
Thank you for your insights.
July 3, 2007 at 2:44 PM #63735ParticipantWay to go, scruffydog.
I think you are correct. Very excellent and thorough analysis, backed by a lot of supporting data. That’s right, they are not making any more land. Coastal CA is doing great.
Not only that, I am sure that you are extremely successful, have an exceptionally high IQ, and can spot a great deal when it drops in your lap.
Since you are so cool and the coastal housing market and economy are so great, I am willing to give you a once-in-a-lifetime opportunity to purchase my coastal rental property at a 5% discount to current value, determined as follows :
Take my original purchase price and apply the percentage gain in the San Diego Resale median from the month I purchased it to the current month. Then take a 5% discount for you for being such a great person.I bought in October 2002 for 340K. SD median increased by 58% from 10/02 to 5/07. Today’s value = 340K *1.58 = 537K. I’ll give it to you for 510K. It’s like I’m giving you 27K.
Just post your email and I’ll send you all the details.
Thank you for your insights.
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