Economy and shopping in SD

[CA renter]

[quote=briansd1][quote=sdrealtor]

I’m sure the Panda Express and PF Changs are huge draws for the Chinese/Asian tourists also.[/quote]

hahaha..

Go to Cabazon and watch the shoppers. There are even more Asian tourists and Asian-Americans from LA there.

Seriously, when at Carlsbad, go see where the buses park. There are cheap Chinese tours that come to SAN for the day.

I’m telling you, the world is changing thanks to the cheap Dollar. I’ve been on a tour with my Chinese friends. The tours are fast-paced and allow the tourists to take pictures at all the “must-see” sites.

http://7usa8.com/en/journey.aspx?JourneyID=1018%5B/quote%5D

You are correct, brian. A lot of the shoppers at the CBD outdoor mall are Asian tourists. I think they have regular tours that stop there (have seen multiple tour busses there pretty regularly).

[CA renter]

[quote=jpinpb]Again, none of this makes me wonder. Do not dismiss or discount the invisible stimulus of people not paying their mortgage. That’s a lot of extra money for dinners out and movies and shopping.[/quote]

Agreed. There are still a lot of people out there who are either not paying their mortgages, or who have very reduced mortgages due to all the interventions. Also, people who are moving in with kids and parents free up a lot of income as well.

Pretty much confirms that LOWER housing prices/costs are the solution to our problems.

[CA renter]

[quote=jpinpb]Again, none of this makes me wonder. Do not dismiss or discount the invisible stimulus of people not paying their mortgage. That’s a lot of extra money for dinners out and movies and shopping.[/quote]

Agreed. There are still a lot of people out there who are either not paying their mortgages, or who have very reduced mortgages due to all the interventions. Also, people who are moving in with kids and parents free up a lot of income as well.

Pretty much confirms that LOWER housing prices/costs are the solution to our problems.

[CA renter]

[quote=jpinpb]Again, none of this makes me wonder. Do not dismiss or discount the invisible stimulus of people not paying their mortgage. That’s a lot of extra money for dinners out and movies and shopping.[/quote]

Agreed. There are still a lot of people out there who are either not paying their mortgages, or who have very reduced mortgages due to all the interventions. Also, people who are moving in with kids and parents free up a lot of income as well.

Pretty much confirms that LOWER housing prices/costs are the solution to our problems.

[CA renter]

[quote=jpinpb]Again, none of this makes me wonder. Do not dismiss or discount the invisible stimulus of people not paying their mortgage. That’s a lot of extra money for dinners out and movies and shopping.[/quote]

Agreed. There are still a lot of people out there who are either not paying their mortgages, or who have very reduced mortgages due to all the interventions. Also, people who are moving in with kids and parents free up a lot of income as well.

Pretty much confirms that LOWER housing prices/costs are the solution to our problems.

[CA renter]

[quote=jpinpb]Again, none of this makes me wonder. Do not dismiss or discount the invisible stimulus of people not paying their mortgage. That’s a lot of extra money for dinners out and movies and shopping.[/quote]

Agreed. There are still a lot of people out there who are either not paying their mortgages, or who have very reduced mortgages due to all the interventions. Also, people who are moving in with kids and parents free up a lot of income as well.

Pretty much confirms that LOWER housing prices/costs are the solution to our problems.

[briansd1]

[quote=CA renter]
Pretty much confirms that LOWER housing prices/costs are the solution to our problems.[/quote]

Well, long term yes. Lower housing costs, as proportion of income, would be good for other sectors of the economy.

In the mean time, people need to get out of debt and out from being underwater. Only time and inflation can fix that.

[briansd1]

[quote=CA renter]
Pretty much confirms that LOWER housing prices/costs are the solution to our problems.[/quote]

Well, long term yes. Lower housing costs, as proportion of income, would be good for other sectors of the economy.

In the mean time, people need to get out of debt and out from being underwater. Only time and inflation can fix that.

[briansd1]

[quote=CA renter]
Pretty much confirms that LOWER housing prices/costs are the solution to our problems.[/quote]

Well, long term yes. Lower housing costs, as proportion of income, would be good for other sectors of the economy.

In the mean time, people need to get out of debt and out from being underwater. Only time and inflation can fix that.

[briansd1]

[quote=CA renter]
Pretty much confirms that LOWER housing prices/costs are the solution to our problems.[/quote]

Well, long term yes. Lower housing costs, as proportion of income, would be good for other sectors of the economy.

In the mean time, people need to get out of debt and out from being underwater. Only time and inflation can fix that.

[briansd1]

[quote=CA renter]
Pretty much confirms that LOWER housing prices/costs are the solution to our problems.[/quote]

Well, long term yes. Lower housing costs, as proportion of income, would be good for other sectors of the economy.

In the mean time, people need to get out of debt and out from being underwater. Only time and inflation can fix that.

[zzz]

i think most of us who are savers or not heavily in debt can’t truly grasp how so many many people spend everything they make and live paycheck to paycheck, and have a lot of credit card debt, and somehow sleep at night anyhow. most people do not have months or years of savings in the event of job loss.

i was at nordstroms in escondido a month ago and the sales lady said they had 2 of their best quarters in Q1/Q2 this year, double digit growth over last year in that store.

most of our friends spend spend spend. they eat out 3-4x’s a week at nice sit down restaurants and drink with their meals. they may be 200k in graduate school debt, but they are buying new cars and taking international vacations every year, take lots of weekend trips, join wine clubs, they do not blink dropping $200-300 on a pair of designer jeans, or $300 on a sundress. if they did this twice a year, it would be one thing, but its like every other month. some couples both have well paying jobs, but they still have 10 or 20k in credit card debt and would rather keep spending than pay down their credit card debt.

we know people who have early 20 something children, who are not going to college, working minimum wage jobs, living at home, with iphones, relatively newer cars, and eat out and drink out all the time. their parents are not subsidizing their expenditures.

we have friends who are stressed about paying their mortgage, and feel stressed about cash, but then take international vacations or rent expensive homes and take their whole family to hawaii including their parents, rather than save the cash in case of income loss.

its insane to me, but people do it!

[zzz]

i think most of us who are savers or not heavily in debt can’t truly grasp how so many many people spend everything they make and live paycheck to paycheck, and have a lot of credit card debt, and somehow sleep at night anyhow. most people do not have months or years of savings in the event of job loss.

i was at nordstroms in escondido a month ago and the sales lady said they had 2 of their best quarters in Q1/Q2 this year, double digit growth over last year in that store.

most of our friends spend spend spend. they eat out 3-4x’s a week at nice sit down restaurants and drink with their meals. they may be 200k in graduate school debt, but they are buying new cars and taking international vacations every year, take lots of weekend trips, join wine clubs, they do not blink dropping $200-300 on a pair of designer jeans, or $300 on a sundress. if they did this twice a year, it would be one thing, but its like every other month. some couples both have well paying jobs, but they still have 10 or 20k in credit card debt and would rather keep spending than pay down their credit card debt.

we know people who have early 20 something children, who are not going to college, working minimum wage jobs, living at home, with iphones, relatively newer cars, and eat out and drink out all the time. their parents are not subsidizing their expenditures.

we have friends who are stressed about paying their mortgage, and feel stressed about cash, but then take international vacations or rent expensive homes and take their whole family to hawaii including their parents, rather than save the cash in case of income loss.

its insane to me, but people do it!

[zzz]

i think most of us who are savers or not heavily in debt can’t truly grasp how so many many people spend everything they make and live paycheck to paycheck, and have a lot of credit card debt, and somehow sleep at night anyhow. most people do not have months or years of savings in the event of job loss.

i was at nordstroms in escondido a month ago and the sales lady said they had 2 of their best quarters in Q1/Q2 this year, double digit growth over last year in that store.

most of our friends spend spend spend. they eat out 3-4x’s a week at nice sit down restaurants and drink with their meals. they may be 200k in graduate school debt, but they are buying new cars and taking international vacations every year, take lots of weekend trips, join wine clubs, they do not blink dropping $200-300 on a pair of designer jeans, or $300 on a sundress. if they did this twice a year, it would be one thing, but its like every other month. some couples both have well paying jobs, but they still have 10 or 20k in credit card debt and would rather keep spending than pay down their credit card debt.

we know people who have early 20 something children, who are not going to college, working minimum wage jobs, living at home, with iphones, relatively newer cars, and eat out and drink out all the time. their parents are not subsidizing their expenditures.

we have friends who are stressed about paying their mortgage, and feel stressed about cash, but then take international vacations or rent expensive homes and take their whole family to hawaii including their parents, rather than save the cash in case of income loss.

its insane to me, but people do it!

[zzz]

i think most of us who are savers or not heavily in debt can’t truly grasp how so many many people spend everything they make and live paycheck to paycheck, and have a lot of credit card debt, and somehow sleep at night anyhow. most people do not have months or years of savings in the event of job loss.

i was at nordstroms in escondido a month ago and the sales lady said they had 2 of their best quarters in Q1/Q2 this year, double digit growth over last year in that store.

most of our friends spend spend spend. they eat out 3-4x’s a week at nice sit down restaurants and drink with their meals. they may be 200k in graduate school debt, but they are buying new cars and taking international vacations every year, take lots of weekend trips, join wine clubs, they do not blink dropping $200-300 on a pair of designer jeans, or $300 on a sundress. if they did this twice a year, it would be one thing, but its like every other month. some couples both have well paying jobs, but they still have 10 or 20k in credit card debt and would rather keep spending than pay down their credit card debt.

we know people who have early 20 something children, who are not going to college, working minimum wage jobs, living at home, with iphones, relatively newer cars, and eat out and drink out all the time. their parents are not subsidizing their expenditures.

we have friends who are stressed about paying their mortgage, and feel stressed about cash, but then take international vacations or rent expensive homes and take their whole family to hawaii including their parents, rather than save the cash in case of income loss.

its insane to me, but people do it!

[Author]

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