[quote=temeculaguy]squatting wont increase and you can’t call the sheriff because nobody is breaking any laws, squatting references people who just move into a vacant house without permission. Neither of the anectdotal stories indicates that is happening.
paramount, we live within a bike ride of each other and within a few miles of the OP, let me ask you this since you are doubting your instincts: Do you see more vacants today than last year or the year before? It’s August, what’s the brown lawn percentage compared to the past two summers? There’s always a back story to the story, so just trust what you see. My experience was that in the summer of 2007, brown lawns started showing up, summer 2008 they were every 6th or 7th one. Today, not so much, I can walk my dogs and only see one or two out of a few hundred. People can tell me all the stories they want but I didn’t just start making notes about brown lawns and vacants, I’ve been a student in this class for a couple of years (as have you) and the worst is not yet to come, it is behind us.[/quote]
The situation as I see it now is the system is rigged in favor of the all cash investor
The Problem before was we had Overzealous appraisers and over willing lenders.
Now it is just the opposite problem, over cautious appraisers and very reluctant lenders.
So the low balling all cash investor wins every time.
Anyway that’s the situation on the ground in TV as I see it.
