Impossible Dream?

[bsrsharma]

Well, this one is a bit north in the Carlsbad/Oceanside/Vista triangle, east of I5, but @ 3253 sqft & $184/sqft, can’t be beat in value for money. May not suit you, but the point is, your dream is not only possible, but very probable. You have to wait only till the trough of the coming recession / stagflation.

http://www.redfin.com/stingray/do/printable-listing?listing-id=677098

[bsrsharma]

Well, this one is a bit north in the Carlsbad/Oceanside/Vista triangle, east of I5, but @ 3253 sqft & $184/sqft, can’t be beat in value for money. May not suit you, but the point is, your dream is not only possible, but very probable. You have to wait only till the trough of the coming recession / stagflation.

http://www.redfin.com/stingray/do/printable-listing?listing-id=677098

[Bugs]

Considering there were a lot of homes in La Jolla that sold for less than $400k prior to this last runup, I would think $600k in Encinitas for a reasonable home may very possibly occur by the time it’s all over.

Outside of real estate circles, Six-Hundred Thousand Dollars is a lot of money.

[Bugs]

Considering there were a lot of homes in La Jolla that sold for less than $400k prior to this last runup, I would think $600k in Encinitas for a reasonable home may very possibly occur by the time it’s all over.

Outside of real estate circles, Six-Hundred Thousand Dollars is a lot of money.

[sdrealtor]

I’d be a buyer for that at 700K (heck I’d be a buyer for that at $1M) so you would likely have to step over my dead body to get it. BTW, I’ll have cash in hand also.

[sdrealtor]

I’d be a buyer for that at 700K (heck I’d be a buyer for that at $1M) so you would likely have to step over my dead body to get it. BTW, I’ll have cash in hand also.

[Bugs]

Yeah, but even you won’t pull the trigger unless you think we’re getting somewhere reasonably close to the bottom. You’d like it at $700k, but you’d LOVE it at $600k.

[Bugs]

Yeah, but even you won’t pull the trigger unless you think we’re getting somewhere reasonably close to the bottom. You’d like it at $700k, but you’d LOVE it at $600k.

[Omega Point]

Well, hopefully by 2010 nearly everyone will think real estate is a bad investment so that there will be ample opportunities for those with cash-in-hand.

[Omega Point]

Well, hopefully by 2010 nearly everyone will think real estate is a bad investment so that there will be ample opportunities for those with cash-in-hand.

[Omega Point]

Thanks for the tips. I’ll be sure to use them.

[Omega Point]

Thanks for the tips. I’ll be sure to use them.

[KIBU]

For the house you want: 2800 square feet spending 600,000, that ‘s 215/sf.

For Del mar, I see a range of 400/sqft to 2052 dollar/square feet for 2800 sqft homes.

Footnote: for the 400 dollars/square feet above in del mar, I see that house listing at $1,290,000 now.

There are plenty of rich people. They won’t move anywhere so that you and I will be able to move in. The crash will basically affect the upper middle class areas, middle class and poor areas.

[KIBU]

For the house you want: 2800 square feet spending 600,000, that ‘s 215/sf.

For Del mar, I see a range of 400/sqft to 2052 dollar/square feet for 2800 sqft homes.

Footnote: for the 400 dollars/square feet above in del mar, I see that house listing at $1,290,000 now.

There are plenty of rich people. They won’t move anywhere so that you and I will be able to move in. The crash will basically affect the upper middle class areas, middle class and poor areas.

[LookoutBelow]

I think they'll be PLENTY of em around for that price…and maybe less

 

All bets are off on this economy with the coming credit crunch, it could get VERY bad out there…I personally think it will get bad….VERY bad.

 

There 4-5 things I can think of that are pointed DIRECTLY to the heart of this country and or our own and the worlds economy….. NONE of these scenarios end nicely 

[Author]

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