Home › Forums › Housing › Is North County Coastal Real Estate Immune to Financial and Political Trends?
- This topic has 7 replies, 7 voices, and was last updated 7 years, 5 months ago by Happs.
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March 30, 2017 at 1:07 AM #22309March 30, 2017 at 5:48 AM #806186moneymakerParticipant
Yes. When the first CEO gets replaced by AI, then all things will fall apart.
March 30, 2017 at 6:40 AM #806187flyerParticipantFrom what we’re seeing, there currently seems to be no shortage of foreign funds flowing in for coastal properties, which is bumping prices far beyond previous highs. Lots of things could derail this train, but what and when may be difficult to predict.
March 30, 2017 at 8:24 AM #806190outtamojoParticipant“…Are there any regional or national financial or political trends that could stall appreciation of west of I-5 properties?…”
Brown smog and dirty oceans.
March 30, 2017 at 3:49 PM #806194sdsurferParticipantTo you last question. I’d think not yet. Inventory is not only low, but it seems to be decreasing.
I could see situations like you mention stalling the appreciation rate a bit, but it’s going to take a lot more than that to actually force prices down.
I mean…they cannot just go up forever at the rate they are, but I’d love some data to help predict when that might occur. It would probably have to be something tied to demand like more difficult financing (not necessarily easy now) or people just choosing to leave, but I do not see that happening soon either.
March 30, 2017 at 5:31 PM #806195XBoxBoyParticipant[quote=Happs]Are there any regional or national financial or political trends that could stall appreciation of west of I-5 properties?[/quote]
A handful of really major earthquakes might do it.
A trade war with China that escalates to lobbing nukes back and forth might put a crimp on all of San Diego.
Neither seems particularly likely, but you asked…
March 30, 2017 at 5:47 PM #806196spdrunParticipantThey weren’t that resilient — condos in Oceanside and Carlsbad (Hosp Way going for $90k) were selling for 40-50% of peak pricing.
April 1, 2017 at 1:38 PM #806209HappsParticipantHow about the implementation of a state estate tax? I think if voters pass a state estate tax, then the demand for high priced real estate by California residents would plummet.
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