First, the pictures you collected are of the new development area of La Paloma. Second, please understand, Amarillo HAS NO BUBBLE. Our cost of living, income levels and disposable income have been rising “steadily” for years now. There is no “wild speculative” investment like what’s occurred in San Diego and elsewhere in the coastal cities of California. Amarillo, Texas grew by a steady 14% last year (per CNN MONEY).
The point of my post is truly a marketing effort, however, your missing out on the point. Your market is odd and way off to the rest of the US. I’m suggesting you capitalize on your temporary good forture now but cashing out and taking your money to a lesser economy where you can “own” something with the equity in your California house.
You’ve complete knocked my town and this top of the line neighborhood because you’d rather live in a box for $350,000 hoping someday you can get that equity out. I’m merely pointing out a solution to a life long problem (what to do before I lose everything “my equity”).
Did you read the captions on the photos? If so, you understood what it was I was showing you.
Again, thank you for your response, I did ask for it. What I did ask for was condescension from someone who lives in constant traffic, bad air, millions of gallons of rainfall, and overall, a hectic way of life. Sure, you’ve got an ocean to “swim” in but its an all day event getting there.