- This topic has 25 replies, 5 voices, and was last updated 15 years, 5 months ago by
kev374.
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March 20, 2009 at 1:50 PM #370974March 20, 2009 at 7:52 PM #371067
patientrenter
ParticipantGreat news, kev. I rented for a long time in OC myself, and suffered through a cumulative 100% rent increase over 11 years, so it’s nice to see the gouging beginning to reverse.
Are you still looking for a place to buy in So OC? The prices are moving down very slowly. Nowhere near as fast as San Diego.
March 20, 2009 at 7:52 PM #370780patientrenter
ParticipantGreat news, kev. I rented for a long time in OC myself, and suffered through a cumulative 100% rent increase over 11 years, so it’s nice to see the gouging beginning to reverse.
Are you still looking for a place to buy in So OC? The prices are moving down very slowly. Nowhere near as fast as San Diego.
March 20, 2009 at 7:52 PM #371235patientrenter
ParticipantGreat news, kev. I rented for a long time in OC myself, and suffered through a cumulative 100% rent increase over 11 years, so it’s nice to see the gouging beginning to reverse.
Are you still looking for a place to buy in So OC? The prices are moving down very slowly. Nowhere near as fast as San Diego.
March 20, 2009 at 7:52 PM #371279patientrenter
ParticipantGreat news, kev. I rented for a long time in OC myself, and suffered through a cumulative 100% rent increase over 11 years, so it’s nice to see the gouging beginning to reverse.
Are you still looking for a place to buy in So OC? The prices are moving down very slowly. Nowhere near as fast as San Diego.
March 20, 2009 at 7:52 PM #371391patientrenter
ParticipantGreat news, kev. I rented for a long time in OC myself, and suffered through a cumulative 100% rent increase over 11 years, so it’s nice to see the gouging beginning to reverse.
Are you still looking for a place to buy in So OC? The prices are moving down very slowly. Nowhere near as fast as San Diego.
March 20, 2009 at 10:28 PM #370859kev374
ParticipantIt will take time for prices to move down, remember that we started declining only in late 2007 and the last downcycle was 5 years (1992-1997) so my guess is that this one will AT LEAST be that long… that puts a bottom at 2012.
I think a lot of the decline in South OC prices will be linked to the bust of the Alt-A and Prime mortgages which is going to happen very soon. These are the types of loans that were made in South OC.
March 20, 2009 at 10:28 PM #371147kev374
ParticipantIt will take time for prices to move down, remember that we started declining only in late 2007 and the last downcycle was 5 years (1992-1997) so my guess is that this one will AT LEAST be that long… that puts a bottom at 2012.
I think a lot of the decline in South OC prices will be linked to the bust of the Alt-A and Prime mortgages which is going to happen very soon. These are the types of loans that were made in South OC.
March 20, 2009 at 10:28 PM #371315kev374
ParticipantIt will take time for prices to move down, remember that we started declining only in late 2007 and the last downcycle was 5 years (1992-1997) so my guess is that this one will AT LEAST be that long… that puts a bottom at 2012.
I think a lot of the decline in South OC prices will be linked to the bust of the Alt-A and Prime mortgages which is going to happen very soon. These are the types of loans that were made in South OC.
March 20, 2009 at 10:28 PM #371359kev374
ParticipantIt will take time for prices to move down, remember that we started declining only in late 2007 and the last downcycle was 5 years (1992-1997) so my guess is that this one will AT LEAST be that long… that puts a bottom at 2012.
I think a lot of the decline in South OC prices will be linked to the bust of the Alt-A and Prime mortgages which is going to happen very soon. These are the types of loans that were made in South OC.
March 20, 2009 at 10:28 PM #371473kev374
ParticipantIt will take time for prices to move down, remember that we started declining only in late 2007 and the last downcycle was 5 years (1992-1997) so my guess is that this one will AT LEAST be that long… that puts a bottom at 2012.
I think a lot of the decline in South OC prices will be linked to the bust of the Alt-A and Prime mortgages which is going to happen very soon. These are the types of loans that were made in South OC.
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