4S Ranch gets a second wind.

[PerryChase]

Perhaps Alex is an REIC mole. Once in while he’ll say things such as:
1) they don’t make any more land;
2) jobs are coming to SD;
3) foreigners are coming to SD;
4) everyone wants to live here;
5) inflation will save the day;
6) desirable area will be immune;
7) prices won’t drop too much because when they do buyers will flock in;
8) the government will step in with a bail out.
9) people need to buy now to lock in low rates, etc…

If you believe it, then walk the talk. You’re always welcomed to post “I told you so” when you’re proven right.

[Alex_angel]

Maybe I should start the Help Get Alex a House Fund. You guys can donate $10000 a piece and I can avoid a jumbo loan over $417k and pay that outrageous 8% interest.

In all honesty, people talk about San Diego like it is a crap hole, yet they are all waiting to buy. There are a lot of positives here. If you don;t see it then why are you waiting to live here?

[Alex_angel]

Maybe I should start the Help Get Alex a House Fund. You guys can donate $10000 a piece and I can avoid a jumbo loan over $417k and pay that outrageous 8% interest.

In all honesty, people talk about San Diego like it is a crap hole, yet they are all waiting to buy. There are a lot of positives here. If you don;t see it then why are you waiting to live here?

[Alex_angel]

Maybe I should start the Help Get Alex a House Fund. You guys can donate $10000 a piece and I can avoid a jumbo loan over $417k and pay that outrageous 8% interest.

In all honesty, people talk about San Diego like it is a crap hole, yet they are all waiting to buy. There are a lot of positives here. If you don;t see it then why are you waiting to live here?

[PerryChase]

Get ready for 10% rates on a jumbo.

Do you know of a concept called value for the money? San Diego is nice but housing here is not value for the money.

We are not waiting to live here. We can live here, and enjoy the benefits by renting. You can rent the house or rent the money to buy the house.

BTW, I own a house but my situation is different from most buyers. I would never advocate buying in this overpriced environment.

[PerryChase]

Get ready for 10% rates on a jumbo.

Do you know of a concept called value for the money? San Diego is nice but housing here is not value for the money.

We are not waiting to live here. We can live here, and enjoy the benefits by renting. You can rent the house or rent the money to buy the house.

BTW, I own a house but my situation is different from most buyers. I would never advocate buying in this overpriced environment.

[PerryChase]

Get ready for 10% rates on a jumbo.

Do you know of a concept called value for the money? San Diego is nice but housing here is not value for the money.

We are not waiting to live here. We can live here, and enjoy the benefits by renting. You can rent the house or rent the money to buy the house.

BTW, I own a house but my situation is different from most buyers. I would never advocate buying in this overpriced environment.

[bsrsharma]

“3) foreigners are coming to SD;
5) inflation will save the day;”

I think the above two are valid scenarios. By the time the fat lady sings, the political pressure on FED will be unbearable. They may crack and decide to kill the $ to stop the pain. If $ devalues by 50% or more, I can imagine a lot of offshore interest in SD. That’s what happened in Vancouver, BC. It quickly became a suburb of Hong Kong.

[bsrsharma]

“3) foreigners are coming to SD;
5) inflation will save the day;”

I think the above two are valid scenarios. By the time the fat lady sings, the political pressure on FED will be unbearable. They may crack and decide to kill the $ to stop the pain. If $ devalues by 50% or more, I can imagine a lot of offshore interest in SD. That’s what happened in Vancouver, BC. It quickly became a suburb of Hong Kong.

[bsrsharma]

“3) foreigners are coming to SD;
5) inflation will save the day;”

I think the above two are valid scenarios. By the time the fat lady sings, the political pressure on FED will be unbearable. They may crack and decide to kill the $ to stop the pain. If $ devalues by 50% or more, I can imagine a lot of offshore interest in SD. That’s what happened in Vancouver, BC. It quickly became a suburb of Hong Kong.

[CardiffBaseball]

Alex it just seems like you flip-flop more than a politician. Are you spending any time reading Ben Jones, or other blogs out there? With the recent Mortgage news, you cannot possibly think things are turning around soon. What about Cramer’s melt? Check Broker outpost or the Grapevine at Broker Universe, and see how those guys feel things are going.

[CardiffBaseball]

Alex it just seems like you flip-flop more than a politician. Are you spending any time reading Ben Jones, or other blogs out there? With the recent Mortgage news, you cannot possibly think things are turning around soon. What about Cramer’s melt? Check Broker outpost or the Grapevine at Broker Universe, and see how those guys feel things are going.

[CardiffBaseball]

Alex it just seems like you flip-flop more than a politician. Are you spending any time reading Ben Jones, or other blogs out there? With the recent Mortgage news, you cannot possibly think things are turning around soon. What about Cramer’s melt? Check Broker outpost or the Grapevine at Broker Universe, and see how those guys feel things are going.

[Alex_angel]

exactly good points. Right now for a European to live here it would cost him $500k Euro but for us americans with a worthless dollar the same home would be $650k. As our dollar hits the skids foreigners can afford to move here and get more bang from trading for greenbacks.

[Alex_angel]

exactly good points. Right now for a European to live here it would cost him $500k Euro but for us americans with a worthless dollar the same home would be $650k. As our dollar hits the skids foreigners can afford to move here and get more bang from trading for greenbacks.

[Author]

Posts