- This topic has 185 replies, 16 voices, and was last updated 16 years, 7 months ago by Reality.
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April 20, 2008 at 11:32 AM #190955April 20, 2008 at 12:19 PM #190857LarryTheRenterParticipant
The Metrics are always out of whack for the best neighborhoods…..What the Piggs don’t get is that many successful people live in La Jolla and Carmel valley etc…There is alot of money out there ( not saying that people in those areas don’t sneak in with 0 down and risky loans of course)..
I was born and raised in New York and the “Metrics” kept my family out of Manhattan and Westchester for generations…So we didnt buy there but in Queens…Thats why people live in crappy places like Temecula and South Bay….You can’t apply 10 – 12X annual rent or some other weird equation to predict the “real ” price of the house in better neighborhoods because the good neighborhoods have a premium..Maybe those formulas work in Temecula or southeast san diego…Why dont the Piggs get this????..They are just jealous I think and resent anyone living in a nice area or buying right now….
April 20, 2008 at 12:19 PM #190880LarryTheRenterParticipantThe Metrics are always out of whack for the best neighborhoods…..What the Piggs don’t get is that many successful people live in La Jolla and Carmel valley etc…There is alot of money out there ( not saying that people in those areas don’t sneak in with 0 down and risky loans of course)..
I was born and raised in New York and the “Metrics” kept my family out of Manhattan and Westchester for generations…So we didnt buy there but in Queens…Thats why people live in crappy places like Temecula and South Bay….You can’t apply 10 – 12X annual rent or some other weird equation to predict the “real ” price of the house in better neighborhoods because the good neighborhoods have a premium..Maybe those formulas work in Temecula or southeast san diego…Why dont the Piggs get this????..They are just jealous I think and resent anyone living in a nice area or buying right now….
April 20, 2008 at 12:19 PM #190909LarryTheRenterParticipantThe Metrics are always out of whack for the best neighborhoods…..What the Piggs don’t get is that many successful people live in La Jolla and Carmel valley etc…There is alot of money out there ( not saying that people in those areas don’t sneak in with 0 down and risky loans of course)..
I was born and raised in New York and the “Metrics” kept my family out of Manhattan and Westchester for generations…So we didnt buy there but in Queens…Thats why people live in crappy places like Temecula and South Bay….You can’t apply 10 – 12X annual rent or some other weird equation to predict the “real ” price of the house in better neighborhoods because the good neighborhoods have a premium..Maybe those formulas work in Temecula or southeast san diego…Why dont the Piggs get this????..They are just jealous I think and resent anyone living in a nice area or buying right now….
April 20, 2008 at 12:19 PM #190923LarryTheRenterParticipantThe Metrics are always out of whack for the best neighborhoods…..What the Piggs don’t get is that many successful people live in La Jolla and Carmel valley etc…There is alot of money out there ( not saying that people in those areas don’t sneak in with 0 down and risky loans of course)..
I was born and raised in New York and the “Metrics” kept my family out of Manhattan and Westchester for generations…So we didnt buy there but in Queens…Thats why people live in crappy places like Temecula and South Bay….You can’t apply 10 – 12X annual rent or some other weird equation to predict the “real ” price of the house in better neighborhoods because the good neighborhoods have a premium..Maybe those formulas work in Temecula or southeast san diego…Why dont the Piggs get this????..They are just jealous I think and resent anyone living in a nice area or buying right now….
April 20, 2008 at 12:19 PM #190970LarryTheRenterParticipantThe Metrics are always out of whack for the best neighborhoods…..What the Piggs don’t get is that many successful people live in La Jolla and Carmel valley etc…There is alot of money out there ( not saying that people in those areas don’t sneak in with 0 down and risky loans of course)..
I was born and raised in New York and the “Metrics” kept my family out of Manhattan and Westchester for generations…So we didnt buy there but in Queens…Thats why people live in crappy places like Temecula and South Bay….You can’t apply 10 – 12X annual rent or some other weird equation to predict the “real ” price of the house in better neighborhoods because the good neighborhoods have a premium..Maybe those formulas work in Temecula or southeast san diego…Why dont the Piggs get this????..They are just jealous I think and resent anyone living in a nice area or buying right now….
April 20, 2008 at 12:24 PM #190862RealityParticipant“However people doubting assets, salaries, and purchasing power of others are doing so because they apply thier own purchasing power, life experience, salaries and circle of friends to the county population in general.”
Who is doing this? Of course some people have a lot of money and I haven’t read anything here that indicates anyone doubts that. But you seem to think there are tons of folks with stacks of cash. Maybe you’ve been around the rich too much and it’s skewed your thinking.
April 20, 2008 at 12:24 PM #190885RealityParticipant“However people doubting assets, salaries, and purchasing power of others are doing so because they apply thier own purchasing power, life experience, salaries and circle of friends to the county population in general.”
Who is doing this? Of course some people have a lot of money and I haven’t read anything here that indicates anyone doubts that. But you seem to think there are tons of folks with stacks of cash. Maybe you’ve been around the rich too much and it’s skewed your thinking.
April 20, 2008 at 12:24 PM #190914RealityParticipant“However people doubting assets, salaries, and purchasing power of others are doing so because they apply thier own purchasing power, life experience, salaries and circle of friends to the county population in general.”
Who is doing this? Of course some people have a lot of money and I haven’t read anything here that indicates anyone doubts that. But you seem to think there are tons of folks with stacks of cash. Maybe you’ve been around the rich too much and it’s skewed your thinking.
April 20, 2008 at 12:24 PM #190928RealityParticipant“However people doubting assets, salaries, and purchasing power of others are doing so because they apply thier own purchasing power, life experience, salaries and circle of friends to the county population in general.”
Who is doing this? Of course some people have a lot of money and I haven’t read anything here that indicates anyone doubts that. But you seem to think there are tons of folks with stacks of cash. Maybe you’ve been around the rich too much and it’s skewed your thinking.
April 20, 2008 at 12:24 PM #190975RealityParticipant“However people doubting assets, salaries, and purchasing power of others are doing so because they apply thier own purchasing power, life experience, salaries and circle of friends to the county population in general.”
Who is doing this? Of course some people have a lot of money and I haven’t read anything here that indicates anyone doubts that. But you seem to think there are tons of folks with stacks of cash. Maybe you’ve been around the rich too much and it’s skewed your thinking.
April 20, 2008 at 12:27 PM #190867RealityParticipant“You can’t apply 10 – 12X annual rent or some other weird equation to predict the “real ” price of the house in better neighborhoods because the good neighborhoods have a premium..”
There’s no rent premium in the nicer neighborhoods???
April 20, 2008 at 12:27 PM #190890RealityParticipant“You can’t apply 10 – 12X annual rent or some other weird equation to predict the “real ” price of the house in better neighborhoods because the good neighborhoods have a premium..”
There’s no rent premium in the nicer neighborhoods???
April 20, 2008 at 12:27 PM #190919RealityParticipant“You can’t apply 10 – 12X annual rent or some other weird equation to predict the “real ” price of the house in better neighborhoods because the good neighborhoods have a premium..”
There’s no rent premium in the nicer neighborhoods???
April 20, 2008 at 12:27 PM #190933RealityParticipant“You can’t apply 10 – 12X annual rent or some other weird equation to predict the “real ” price of the house in better neighborhoods because the good neighborhoods have a premium..”
There’s no rent premium in the nicer neighborhoods???
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