[quote=fat_lazy_union_worker]My dreams of moving into a more acceptable craptacular stucco box is gradually escaping my grasp.
QC announced after-hours earnings AND reached a settlement with nokia.
Good news QC is up $8 AH at an all time high of $53/share.
Bad news for every small fish of QC stockholders there are much larger fish with deeper pockets…
…So the i see the mayham at places like Pardee communities and Del Mar Mesa continuing….. indefinitely…..
..Sigh….Someone tell me the standard lines please…
1. QC employees aren’t going to save the housing market
2. Not many QC employees have deep pockets.
3. Patience, it’s slow trickle down..
yada yada yada yada.
[/quote]
Stopped by 4S today. There is one development sold out 8 existing homes recently, and the sales agent told me 5 buyers out of 8 are from QC. What a surprise to me! The similar story happens, not with such large percentage though, for all other 4S developments and CV developments.
With the QC stock price rised >20% last week, and even more potential in the future. More and more QC employees become first-time home buyers and invest for 2nd home. So for QC employee favored areas, mainly in north county (i.e. CV, 4S, RP, RB etc.), the population of QC employee and QC stock play an important role for housing market.
