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- This topic has 103 replies, 18 voices, and was last updated 8 years, 9 months ago by FlyerInHi.
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April 4, 2016 at 3:34 PM #796390April 4, 2016 at 3:51 PM #796391bearishgurlParticipant
[quote=FlyerInHi]BG, you don’t get it because your bias is in protecting a certain lifestyle. The people who get are the ones who build or buy. You are not the one creating value. If your neighborhood goes up in value, it’s because of buyers. You didn’t lift a finger, and you didn’t buy for investment/appreciation.
As for the “millions is yous” when you die or your kids move away, there will be new people. Demographics is the data you want to examine. BtW, I know people who moved away beginning in the 90s because “Latinos/immigrants were ruining the state, blah blah …” Guess what? The new people are here and the old people are gone. And the new people are the ones who possess the hard work and initiative to make it work.[/quote]FIH, I DID “lift a finger” to “create my own value” if I decide to sell because I have made and will continue to make substantial improvements to my property … some of it DIY.
My kids are already gone and won’t be coming back to SD. If something should happen to me, they’ll sell my residence and split the proceeds. SD is NOT the be-all and end-all of CA for a younger worker-bee. It is highly overrated for what typical jobs pay here in comparison to other regions of the state. I’m open-minded when it comes to CA as I attended school in my elem years in Alameda County and have traveled all over the state dozens of times (except for the NE corner north of Redding (“Yreka”). That area (and being a passenger, NOT driver on the Rubicon Trail, lol) are both on my list of CA places to explore 🙂
I’m getting “older” now and am still here (along with most of my neighbors who are mostly older than me). My area is FULL of native San Diegans and native Chula Vistans who are 55 and up. And it is just one of hundreds of cities in CA which still have a very high “native” population. Many of the SD “natives” I’ve known who moved away (out of state) in recent decades later regretted the move and could not easily move back here on a fixed income and/or if they lost too much money buying and selling RE in the state they moved to.
brian, if you’re waiting until all the NIMBYs in coastal CA counties “die off” to return and “make your mark” here, you’re going to be waiting a lo-o-o-o-ng time :=0
April 4, 2016 at 3:52 PM #796393FlyerInHiGuest[quote=scaredyclassic]
Not for sure. Imagine a pool of immigrants that exclusively commit crime to survive. That would be a drain, right.[/quote]
That’s not the reality; and it is were it would be our common failure to provide opportunities making it so that people have to resort to crime. Human resources when not well managed become a drain.
I’m not dismissing individual responsibility, but the individual doesn’t exist independent of he whole.
April 4, 2016 at 4:08 PM #796396bearishgurlParticipant[quote=flyer]Although I don’t care to live in a dense concrete jungle–and don’t have to–I’ll always be glad to see a constant inflow of real estate buyers and renters.
Unfortunately, many who were raised here may be shut out because of this competition for limited resources in a state like CA, and may consider it unfair, but for those who own properties, values should stay up and increase in the near term.
Imo, the real concern with property values in places like CA, may come when current and new worker bees try to retire and realize they can’t afford to stay here. Hopefully there will be always more to replace them in the pipeline, as well as the continuing inflow of foreign funds.[/quote]flyer, I agree that it will primarily be the higher-paid “worker bees” and foreign funds that keep the residential RE values in CA coastal counties “propped up” into perpetuity although there is no guarantee of runaway double-digit appreciation going forward nor should there be. I don’t think mortgage interest rates will matter that much … especially in the most exclusive, established coastal areas.
I don’t agree that most homeowners either soon to retire or already retired can’t stay in their long-owned coastal CA home for the rest of their lives. I believe the vast majority of them can and will. Quoting Pigg shoveler, they are “forever priced into” the area they purchased in long ago and nothing else nationwide is really cheaper for them once property taxes and homeowner’s insurance are factored into the equation (Props 13, 58 and 193 and the fact that the CA coast isn’t subject to tornadoes, hurricanes and ice storms, etc). Many “cheaper” retirement locales in the US have exorbitant homeowner insurance premiums and also require homeowners to have (expensive) “riders” for flood and wind damage.
April 4, 2016 at 4:11 PM #796399FlyerInHiGuest[quote=bearishgurl]
if you’re waiting until all the NIMBYs in coastal CA counties “die off” to return and “make your mark” here, you’re going to be waiting a lo-o-o-o-ng time :=0[/quote]We can’t have everything we want. I’m not waiting anything to happen. I just doing my small part in advancing what I think is best.
My cousin and his wife are moving this winter to an exciting, dynamic foreign capital to refurbish a building and open a hotel. I will look into joining them later.
BG, you can live among the redwoods, pine trees or whatever in your retirement. Me, I’m going to live in a city apartment where I can walk to bistros and cafes, and bump into interesting people everyday.
May we both live happily a long time.
April 4, 2016 at 4:20 PM #796398bearishgurlParticipant[quote=FlyerInHi][quote=scaredyclassic]
Not for sure. Imagine a pool of immigrants that exclusively commit crime to survive. That would be a drain, right.[/quote]
That’s not the reality; and it is were it would be our common failure to provide opportunities making it so that people have to resort to crime. Human resources when not well managed become a drain.
I’m not dismissing individual responsibility, but the individual doesn’t exist independent of he whole.[/quote]I think we need to ask scaredy if it is the “reality” …. or not. He’s the “expert” here :=0
April 4, 2016 at 4:24 PM #796400bearishgurlParticipant[quote=FlyerInHi] . . . BG, you can live among the redwoods, pine trees or whatever in your retirement. Me, I’m going to live in a city apartment where I can walk to bistros and cafes, and bump into interesting people everyday.
May we both live happily a long time.[/quote]FIH, the “retirement locales” I’ve been considering among the “redwoods and pine trees” also have “bistros and cafes” to walk to and “interesting people” to “bump into” (both residents and tourists).
They’re just in a more “bucolic” setting than a concrete jungle.
April 4, 2016 at 4:44 PM #796401njtosdParticipant[quote=FlyerInHi]
Me, I’m going to live in a city apartment where I can walk to bistros and cafes, and bump into interesting people everyday.
May we both live happily a long time.[/quote]
Or you can bump into terrorists. Your value as a target increases with increasing population density. There are interesting people everywhere. You just have a mental picture of the urban sophisticate.
Plus, you’re in luck! You said, in another post “If our government lets in thousand of refugees into my towns, I’d be willing to sponsor a couple families. ” There are a thousand refugees that come to San Diego every year and they’re looking for volunteers and $. Here’s the organization that does it: http://www.rescue.org/us-program/us-san-diego-ca/programs
And they’re not just hanging out on the street corner, so you’re going to have to deal with a charitable organization. I don’t think refugees advertise on Craigslist.
April 4, 2016 at 4:45 PM #796402bearishgurlParticipant[img_assist|nid=25788|title=Norco (CA) Reception Center??|desc=|link=node|align=left|width=100|height=51]
Yikes! The pic in my most recent link looks as though it might just be taken in our infamous SoCal Big House near scaredy’s neck of the woods, lol ….scaredy, will they let y’all in for a visit … with your interpreter in tow, of course!
April 4, 2016 at 5:02 PM #796403spdrunParticipantOr you can bump into terrorists.
Not worried. Even in 2001, there was more of a risk dying of being hit by a car than of a terrorist attack in the US.
April 4, 2016 at 6:00 PM #796407njtosdParticipant[quote=spdrun]
Or you can bump into terrorists.
Not worried. Even in 2001, there was more of a risk dying of being hit by a car than of a terrorist attack in the US.[/quote]
That was a joke. I spent many years working in Chicago – I have nothing against cities. I just don’t have anything against rural areas either.
April 4, 2016 at 6:04 PM #796408scaredyclassicParticipant[quote=FlyerInHi][quote=scaredyclassic]
Not for sure. Imagine a pool of immigrants that exclusively commit crime to survive. That would be a drain, right.[/quote]
That’s not the reality; and it is were it would be our common failure to provide opportunities making it so that people have to resort to crime. Human resources when not well managed become a drain.
I’m not dismissing individual responsibility, but the individual doesn’t exist independent of he whole.[/quote]
People seem to have less value every year.
April 5, 2016 at 11:08 AM #796439FlyerInHiGuest[quote=spdrun]
Or you can bump into terrorists.
Not worried. Even in 2001, there was more of a risk dying of being hit by a car than of a terrorist attack in the US.[/quote]
I know some people who are really concerned about terrorism and crime. They live in safe suburban areas and turn to local news everyday. They post and repost crime stories everyday day. Obsession.
Maybe I’m out of touch, but i don’t know anything about local crime because I don’t watch local news. I only read business and real estate sections of local papers online.
April 5, 2016 at 11:19 AM #796440FlyerInHiGuest[quote=scaredyclassic]
People seem to have less value every year.[/quote]
Yes. But we always need more purchasing power and consumer spending.
April 5, 2016 at 11:28 AM #796441bearishgurlParticipant[quote=FlyerInHi][quote=spdrun]
Or you can bump into terrorists.
Not worried. Even in 2001, there was more of a risk dying of being hit by a car than of a terrorist attack in the US.[/quote]
I know some people who are really concerned about terrorism and crime. They live in safe suburban areas and turn to local news everyday. They post and repost crime stories everyday day. Obsession.
Maybe I’m out of touch, but i don’t know anything about local crime because I don’t watch local news. I only read business and real estate sections of local papers online.[/quote]I have the same problem, FIH, except that my “offenders” are addicted to cable “news” networks. I have had to tell a couple of people not to text me anymore with garish photos from FoxTV and OAN :=0
It’s not that I have my head in the sand, but I lived the “crime and punishment” thing 40 hrs per week for decades. I get it but have been “desensitized.” Unless some tragedy happens within 50 yards of my house, I won’t be paying attention to it. I don’t even care about neighbors’ vehicle break-ins cuz I park in the garage. They walk around warning everyone who will listen but they made their own problems due to their garage being stuffed with junk. Nor do I care about new “registered sex offenders” moving in around me. (I get these e-mail warnings from my credit-monitoring service every couple of months.) I’ve posted before here that I don’t care if a “PC 290 registrant” moves across the street from me and sets up a telescope in his LR window. Go for it!
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