CarmelV housing stats?

[an]

http://priceonomics.com/the-san-francisco-rent-explosion/

This puts ALL of San Diego to shame. Nearly $8000 for a 3 bedroom in SOMA, wow. I will never understand.

[lookingagain]

[quote=livinincali][quote=flu]QCOM being at a 52 week high surely doesn’t help low prices here….[/quote]

I think CV is driven by the massive medical complex surrounding UCSD. QCOM engineers and even the mid level managers aren’t making the $200-250K it takes to buy in CV. MM is probably more reliant on QCOM health than CV.[/quote]

I’m not so sure this is true. I live in CV and of my 10 closest neighbors 4 work for Qualcomm. This includes the family that just bought the house across the street

[CA renter]

[quote=AN]http://priceonomics.com/the-san-francisco-rent-explosion/

This puts ALL of San Diego to shame. Nearly $8000 for a 3 bedroom in SOMA, wow. I will never understand.[/quote]

Nope, no bubble there! [/sarcasm]

[enron_by_the_sea]

[quote=AN]http://priceonomics.com/the-san-francisco-rent-explosion/

This puts ALL of San Diego to shame. Nearly $8000 for a 3 bedroom in SOMA, wow. I will never understand.[/quote]

The first comment on that blog:

[quote]These rents seem very reasonable compared to London….
[/quote]

[flyer]

Family and friends who have been in the Bay Area for years and have rentals are enjoying the ride, but realize it’s tough for those trying to enter the market–even though, as mentioned, rents are still considered reasonable by London standards.

I realize many have to relocate for jobs, but although we enjoy visiting–really wouldn’t want to permanently live in either location–for many reasons. Even though we have lots of film projects, we wouldn’t want to live in LA either, so, as most things life–to each his/her own.

[spdrun]

Difference is that rents outside of SF seem to stay high, whereas rents outside of central London drop off more quickly. Plus the standard space in London is smaller than in San Francisco.

[The-Shoveler]

[quote=SD Realtor]Hey FLU you should live in a cave in the hills of Temecula to avoid the impeding earthquake and subsequent Tsunami. Nobody wants to buy in CV anyway. You make it sound like it has been one of the best places in the country to buy a place over the past 30 years.

Everything is different now though so you better prep for it man![/quote]

Bring it, I am ready !!

[Coronita]

[quote=SK in CV][quote=flu][quote=The-Shoveler]Maybe its just a coincidence but I noticed the SD home price and qcom stock chart look similar LOL.[/quote]

I think Marvel (MRVL) is a better buy frankly at these prices. Well it was, at least right after those patent lawsuits from CMU when it was around $11/share…

Looks like KKR looking to take a 5% stake in the company recently.

They also crushed Q4 earnings estimates yesterday..

But what do I know…[/quote]

Funny you mention that. I looked long and hard at earnings play on MRVL. Just couldn’t find any juice in it, to either side. Surprisingly low vol. Even with the big beat, didn’t crash through a single standard deviation.[/quote]

Bump… It’s up…. Not a lot.. But close to 52 week high 🙂

[enron_by_the_sea]

[quote=flu][quote=SK in CV][quote=flu][quote=The-Shoveler]Maybe its just a coincidence but I noticed the SD home price and qcom stock chart look similar LOL.[/quote]

I think Marvel (MRVL) is a better buy frankly at these prices. Well it was, at least right after those patent lawsuits from CMU when it was around $11/share…

Looks like KKR looking to take a 5% stake in the company recently.

They also crushed Q4 earnings estimates yesterday..

But what do I know…[/quote]

Funny you mention that. I looked long and hard at earnings play on MRVL. Just couldn’t find any juice in it, to either side. Surprisingly low vol. Even with the big beat, didn’t crash through a single standard deviation.[/quote]

Bump… It’s up…. Not a lot.. But close to 52 week high :)[/quote]

yeah!

Begin bragging
{
I bought mine at 7.85
}
End bragging

[Coronita]

[quote=enron_by_the_sea][quote=flu][quote=SK in CV][quote=flu][quote=The-Shoveler]Maybe its just a coincidence but I noticed the SD home price and qcom stock chart look similar LOL.[/quote]

I think Marvel (MRVL) is a better buy frankly at these prices. Well it was, at least right after those patent lawsuits from CMU when it was around $11/share…

Looks like KKR looking to take a 5% stake in the company recently.

They also crushed Q4 earnings estimates yesterday..

But what do I know…[/quote]

Funny you mention that. I looked long and hard at earnings play on MRVL. Just couldn’t find any juice in it, to either side. Surprisingly low vol. Even with the big beat, didn’t crash through a single standard deviation.[/quote]

Bump… It’s up…. Not a lot.. But close to 52 week high :)[/quote]

yeah!

Begin bragging
{
I bought mine at 7.85
}
End bragging[/quote]

I hate you…. But congrats….

[Author]

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