Coronavirus/Economy/Stock Market

[svelte]

[quote=FlyerInHi]
I know a few landlord who would be barely cash flow positive a traditional rental income model. …
Pacific Beach will get decimated.[/quote]

Yikes.

After I made my post I thought well maybe they can squeak by as regular rentals…after all there is a housing shortage going on.

Your post throws cold water on that.

[scaredyclassic]

Interesting.
If my kid gets in off the waitlist to. Sdsu, I’d like to buy a house there.

Now wondering if distance learning could affect market there.

Still want something there, but I’d prefer to pay 400k than 600k.

[Coronita]

Might be good time to buy more PG&E since they are emerging from BK surprisingly not so scathed. They dodged a big bullet with the governor and state officials so preoccupied with covid, they stopped caring as much about pg&e. Also, now that people are staying home more, residential usage is going to go way up especially during the summer.

[The-Shoveler]

[quote=scaredyclassic]Interesting.
If my kid gets in off the waitlist to. Sdsu, I’d like to buy a house there.

Now wondering if distance learning could affect market there.

Still want something there, but I’d prefer to pay 400k than 600k.[/quote]
Wow that seems kind capitalistic of you LOL

OK maybe now I get it.

[scaredyclassic]

the heart and the head are separate places.

you got your anarchist lawyers. your anti intellectual teachers.

i dislike the system, but im not a fool.

id probably bite for a nice place at 450k near sdsu

[outtamojo]

[quote=scaredyclassic]Interesting.
If my kid gets in off the waitlist to. Sdsu, I’d like to buy a house there.

Now wondering if distance learning could affect market there.

Still want something there, but I’d prefer to pay 400k than 600k.[/quote]

Hire a troll farm to help you push this idea https://www.cnbc.com/2020/04/23/incoming-college-students-consider-taking-a-gap-year-during-covid-19.html

If you could nudge a few it might be enough to get admission.

[scaredyclassic]

dave eggers nails it…

[FlyerInHi]

[quote=scaredyclassic]the heart and the head are separate places.

you got your anarchist lawyers. your anti intellectual teachers.

i dislike the system, but im not a fool.

id probably bite for a nice place at 450k near sdsu[/quote]

Look for a place within walking (maybe biking) distance to the trolley.

[FlyerInHi]

[quote=scaredyclassic]the heart and the head are separate places.

you got your anarchist lawyers. your anti intellectual teachers.

i dislike the system, but im not a fool.

id probably bite for a nice place at 450k near sdsu[/quote]

Another beautiful comment, scaredy.
Look for a place within walking (maybe biking) distance to the trolley.

[The-Shoveler]

Looks like we (CA) will start to open this Friday.

https://www.npr.org/sections/coronavirus-live-updates/2020/05/04/850241273/gov-newsom-announces-california-will-begin-easing-coronavirus-closures-this-week

[scaredyclassic]

I will not be going to a restaurant before may 2022. Going to save a lot of money.

But kind of sad.

No way I’m eating food surrounded by others.

Souplantation used to make us queasy, like we were just a bunch of feeding insects, prepandemic

Will be going to barnes and noble with mask and will buy wife a cookie

[scaredyclassic]

[quote=FlyerInHi][quote=scaredyclassic]the heart and the head are separate places.

you got your anarchist lawyers. your anti intellectual teachers.

i dislike the system, but im not a fool.

id probably bite for a nice place at 450k near sdsu[/quote]

Another beautiful comment, scaredy.
Look for a place within walking (maybe biking) distance to the trolley.[/quote]

Ah yes. The trolley. Good idea.

I was fantasizing, summer in sd, rent it out during school year, winter in temecula.

[Coronita]

Got all my May rents in full too from every tenant. 3 month in a rows….Knock on wood.

Hopefully, with June people going back to work, this will be a thing of the past.

My goal is to hopefully hold out longer than most everyone else with a slight to upward increase net worth from multiple sources in case one or two of them get affected long enough for other assets to get discounted… and then hopefully be a position to buy in at good discounts. Time is ticking..

[Coronita]

Picking up disney stock too

Shanghai Disneyland Tickets Sell Out Instantly for First Days After Reopening

https://www.hollywoodreporter.com/news/shanghai-disneyland-tickets-sell-instantly-early-days-reopening-1293899

[The-Shoveler]

IMO it’s possible this whole thing just becomes a distant bad memory fairly quickly. Time will tell.

I was kind of hoping for another buying opportunity but I am good if the market/economy just puts this in the rear view mirror quickly.

[Author]

Posts