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September 19, 2021 at 7:07 AM #823237September 19, 2021 at 7:25 AM #823238EconProfParticipant
[quote=sdrealtor]Y’all covered it pretty well
Enjoy your new home. I’m enjoying my long term home and will continue to do so
for the fun of it I googled most overpriced cities in America. Guess which state has 3 out of 10 of the most overpriced real estate markets?
Interesting article, sdr, and thank you for sharing it. But what is it really revealing? It lists the most “overpriced” and “underpriced” cities. Top of the list of “overpriced” is Boise, Idaho, followed by Austin, Ogden, and Provo. But these are the very cities people are fleeing TO, thus boosting their prices of late.
The article then defines as “underpriced” Honolulu, Virginia Beach VA, Baltimore, and New York–the cities people are moving FROM of late, thus lowering their RE prices.
My whole thesis is to invest long term in where people are moving TO, not FROM. With the runup in prices in Boise, its prices are probably still lower than, say, Honolulu. As an aside, Boise has had the highest rent increase among cities according to one source. I would guess that its prices and rents are still lower than Honolulu or NYC.
FWIW, I’ve bought 3 condos since moving to St. George, all with prices and rents about half to one-third comparable properties in San Diego. The price per SF has risen 28% in St. George in the past one year.
I believe in looking at long term demographic trends. The factors that made SD a great place to invest are slowly being offset by the negatives.
I agree with most everyone here, to each his own, and I wish the best to all, whatever their choice.September 19, 2021 at 7:48 AM #823239sdrealtorParticipantWhat is it revealing? Are you actually asking that? What does skyrocketing prices in a place without the economy or jobs to support it reveal? What have you been doing the last 14 years you’ve been here? Have you read anything? Maybe it’s time for you go back and read Rich’s Bubble Primer
September 19, 2021 at 8:22 AM #823240sdrealtorParticipant[quote=scaredyclassic]Joni Mitchell never sang about Utah or temecula.
Move in day at UCSB. Makes CA look pretty damn nice. The futures uncertain but these kids look ready to do something.
Man the dads look like hell. Hard to raise kids. I was playing hackysack on the lawn while the kid was moving in and security came to check if I belonged.
Very suspicious, old dude hackysacking.[/quote]
Congrats on UCSB! My daughter ended up UCSD but really wanted to go there. Heck! I wanted to go once I saw it with her
September 19, 2021 at 10:15 AM #823241anParticipant[quote=scaredyclassic]Is it safe to be Mexican in all these better republican locales?[/quote]
Is it safe to be Mexican in Compton or southeast San Diego by the 4 corner of death? How about south side of Chicago?September 19, 2021 at 10:29 AM #823242scaredyclassicParticipant[quote=sdrealtor][quote=scaredyclassic]Joni Mitchell never sang about Utah or temecula.
Move in day at UCSB. Makes CA look pretty damn nice. The futures uncertain but these kids look ready to do something.
Man the dads look like hell. Hard to raise kids. I was playing hackysack on the lawn while the kid was moving in and security came to check if I belonged.
Very suspicious, old dude hackysacking.[/quote]
Congrats on UCSB! My daughter ended up UCSD but really wanted to go there. Heck! I wanted to go once I saw it with her[/quote]
I saw the other parents looking proud. I tried to suppress my pride but I was having difficulty. Some parents were embarrassingly proud. I felt like their kids must be pretty smart, because this is my smartest kid. It was such a nice varied looking bunch of humans it did make me feel good about Calif.
September 19, 2021 at 10:30 AM #823243scaredyclassicParticipant[quote=an][quote=scaredyclassic]Is it safe to be Mexican in all these better republican locales?[/quote]
Is it safe to be Mexican in Compton or southeast San Diego by the 4 corner of death? How about south side of Chicago?[/quote]Good point. I’d say Mexicans should come to Temecula.
September 19, 2021 at 10:32 AM #823244flyerParticipantGreat time for all when kids head off to college, then, when you see them achieve their goals in life, it’s even more exciting. Enjoy!
September 19, 2021 at 12:16 PM #823245scaredyclassicParticipant[quote=flyer]Great time for all when kids head off to college, then, when you see them achieve their goals in life, it’s even more exciting. Enjoy![/quote]
My expectations for children and Calif. Are very low. If we can find love and work that doesn’t kill us, I’d be 110 perc. Satisfied.
September 19, 2021 at 2:19 PM #823246flyerParticipantSounds like a good plan, Scaredy. I have no doubt that your kids will do just fine.
Our kids seem to be doing well, and enjoying their chosen fields. Our daughter, in particular, who always knew she wanted to be an MD had been practicing for about a year when she met “Mr. Right” via her mother’s introduction, and it was a whirlwind romance and wedding.
He’s an entertainment executive (or media mogul as my daughter would say) and they are loving their lives in Malibu, so I don’t know if she’ll continue to practice when they start a family or not. Having kids definitely keeps life interesting.
September 19, 2021 at 9:11 PM #823247scaredyclassicParticipant[quote=flyer]Sounds like a good plan, Scaredy. I have no doubt that your kids will do just fine.
Our kids seem to be doing well, and enjoying their chosen fields. Our daughter, in particular, who always knew she wanted to be an MD had been practicing for about a year when she met “Mr. Right” via her mother’s introduction, and it was a whirlwind romance and wedding.
He’s an entertainment executive (or media mogul as my daughter would say) and they are loving their lives in Malibu, so I don’t know if she’ll continue to practice when they start a family or not. Having kids definitely keeps life interesting.[/quote]
Mazel tov! Any man in serious need of a pre nup is by definition senor right! Cali- hoolywoooood 4 ever
September 20, 2021 at 12:49 AM #823249flyerParticipantOh yeah, they both took care of that issue. We’re glad our daughter listened to us on that, since her real estate and other family holdings are considerable, as are his, from various sources. You always hope for the best in every marriage, but you never really know what might happen, so better safe than sorry. We’ve suggested prenups to all of our kids.
September 20, 2021 at 8:37 AM #823250CoronitaParticipantNo one cares.
September 20, 2021 at 8:45 AM #823251anParticipant[quote=Coronita]No one cares.[/quote]
I wonder why even bother getting “married”? Why not just live together and if it no longer works out, just leave? It’s a lot less headache.September 20, 2021 at 9:07 AM #823252scaredyclassicParticipant[quote=an][quote=Coronita]No one cares.[/quote]
I wonder why even bother getting “married”? Why not just live together and if it no longer works out, just leave? It’s a lot less headache.[/quote]“A Ulysses pact or Ulysses contract is a freely made decision that is designed and intended to bind oneself in the future. The term is used in medicine, especially in reference to advance directives (also known as living wills), where there is some controversy over whether a decision made by a person in one state of health should be considered binding upon that person when they are in a markedly different, usually worse, state of health.
The term refers to the pact that Ulysses (Greek name Ὀδυσσεύς, Odysseus) made with his men as they approached the Sirens. Ulysses wanted to hear the Sirens’ song although he knew that doing so would render him incapable of rational thought. He put wax in his men’s ears so that they could not hear and had them tie him to the mast so that he could not jump into the sea. He ordered them not to change course under any circumstances and to keep their swords upon him and to attack him if he should break free of his bonds.
Upon hearing the Sirens’ song, Ulysses was driven temporarily insane and struggled with all of his might to break free so that he might join the Sirens, which would have meant his death.”
I believe that marriage is a ulysses pact
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