- This topic has 107 replies, 12 voices, and was last updated 2 years, 9 months ago by
Escoguy.
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June 24, 2021 at 1:09 PM #822278June 27, 2021 at 8:35 AM #822285
EconProf
ParticipantMy detractors here disagree with me mainly because I am looking at long-term trends in demographics, governmental policies by state, and COVID-influences on changing workplace choices by businesses and individuals. The current and recent bounce in SD prices and rents are due to its haven for escapees from the Bay area and LA, the sugar-high of temporarily low interest rates, its everlasting shortage of buildable land combined with nimbyism, and the ongoing appeal of San Diego for its weather and amenities. In future years these advantages will be offset by the differing governmental policies among the states. The exodus from blue states and cities to red will continue and likely accelerate. COVID-induced changes in the workplace has pushed people to outlying suburbs of all the big cities, but also prompted the high-earners to pick low-cost, low-tax areas and “check in” at the home office in the big city only when necessary.
These likely future trends are well-documented, and it is not surprising that many do not agree.June 27, 2021 at 8:56 AM #822286gzz
Participant“ also prompted the high-earners to pick low-cost, low-tax areas ”
Citation needed.
You do sound increasingly bitter and engaging in confirmation bias reasoning to justify your decisions.
June 27, 2021 at 8:58 AM #822287
CoronitaParticipant[quote=EconProf]My detractors here disagree with me mainly because I am looking at long-term trends in demographics, governmental policies by state, and COVID-influences on changing workplace choices by businesses and individuals. The current and recent bounce in SD prices and rents are due to its haven for escapees from the Bay area and LA, the sugar-high of temporarily low interest rates, its everlasting shortage of buildable land combined with nimbyism, and the ongoing appeal of San Diego for its weather and amenities. In future years these advantages will be offset by the differing governmental policies among the states. The exodus from blue states and cities to red will continue and likely accelerate. COVID-induced changes in the workplace has pushed people to outlying suburbs of all the big cities, but also prompted the high-earners to pick low-cost, low-tax areas and “check in” at the home office in the big city only when necessary.
These likely future trends are well-documented, and it is not surprising that many do not agree.[/quote]We are more curious why you arent blogging on Utah version of piggington. Bored much in utah? dont blame you. i would.
June 27, 2021 at 8:59 AM #822288scaredyclassic
Participant[quote=gzz]“ also prompted the high-earners to pick low-cost, low-tax areas ”
Citation needed.
You do sound increasingly bitter and engaging in confirmation bias reasoning to justify your decisions.[/quote]
What’s the point of earning a lot of money if you have to live in a crap location.
June 27, 2021 at 11:31 AM #822289CoronitaParticipant[quote=scaredyclassic][quote=gzz]“ also prompted the high-earners to pick low-cost, low-tax areas ”
Citation needed.
You do sound increasingly bitter and engaging in confirmation bias reasoning to justify your decisions.[/quote]
What’s the point of earning a lot of money if you have to live in a crap location.[/quote]
true. some people might really like locations other than san diego. however, those that do usually dont come back and constantly keep trying to pester others how bad san diego is long after they relocated, because normally they are really happy with the move and could care less, let alone take the time to actually continue comment on a place they no longer live in. The times when people do that are usually when they move and have some sort of regret, possibly they main reason for moving had nothing to do with the economic or political reasons, and those reasons are only aftermath rationalization of their move for other reasons, that might not be completely their 100% desire..that or they are so bored with their new life at their new place they have nothing better to do.
but in short i agree with you. i understand of people relocate because they can no longer afford to live in high cost CA area and want a better life elsewhere..and its understandable if on the way out they ate sort of bitter about it. I would be. But i dont understand people who have no problem with affordablity here, move over stupid political reasons, and now are miserable where they are. I mean, i guess if one is content with just playing bingo at the senior rec center, i guess it doesnt matter whether thats in san diego or elsewhere.
June 27, 2021 at 11:37 AM #822292
svelteParticipant[quote=scaredyclassic]
What’s the point of earning a lot of money if you have to live in a crap location.[/quote]
Doesn’t have to be a crap location, you can probably get a condo in Surfside, FL pretty cheap about now.
June 27, 2021 at 11:38 AM #822291CoronitaParticipanti wish i had more free time. theres a dozen or so things i can think of Id like to do in CA.
There is something i would like to do. register a dirty non carb car in a state like utah that is really ls
lacking in emissions standards.. then i can race in those states as dirty as my car can be, and come home and drive a clean car here so i dont need to breathe whatever my car spews out. Forget catalytic converters. skip right to the straight pipes…June 27, 2021 at 11:40 AM #822293CoronitaParticipantHang on… 8G…
BINGO!
June 27, 2021 at 11:44 AM #822290Participant[quote=Coronita][quote=scaredyclassic][quote=gzz]“ also prompted the high-earners to pick low-cost, low-tax areas ”
Citation needed.
You do sound increasingly bitter and engaging in confirmation bias reasoning to justify your decisions.[/quote]
What’s the point of earning a lot of money if you have to live in a crap location.[/quote]
true. some people might really like locations other than san diego. however, those that do usually dont come back and constantly keep trying to pester others how bad san diego is long after they relocated, because normally they are really happy with the move and could care less, let alone take the time to actually continue comment on a place they no longer live in. The times when people do that are usually when they move and have some sort of regret, possibly they main reason for moving had nothing to do with the economic or political reasons, and those reasons are only aftermath rationalization of their move for other reasons, that might not be completely their 100% desire..that or they are so bored with their new life at their new place they have nothing better to do…[/quote]
Im kind of bored with life generally. Have a strong urge to upend everything and start new. The rational move is to stay put and stay the course.
But there’s something to be said for just resetting everything.
I’m just too damn petty…relocation costs, home sale costs, higher tax rate. How can a person so dull and calculating ever move and try a new gig…I am in a post covid torpor…realizing, like everyone, that my life may be stuck in bad routines
June 27, 2021 at 11:47 AM #822294Participant[quote=svelte][quote=scaredyclassic]
What’s the point of earning a lot of money if you have to live in a crap location.[/quote]
Doesn’t have to be a crap location, you can probably get a condo in Surfside, FL pretty cheap about now.[/quote]
No way that tower fell on its own. FBI plot.
The other towers prob. Cheap now.
Making me reconsider downtown SD highrise
June 27, 2021 at 11:53 AM #822295svelteParticipant[quote=scaredyclassic][quote=svelte][quote=scaredyclassic]
What’s the point of earning a lot of money if you have to live in a crap location.[/quote]
Doesn’t have to be a crap location, you can probably get a condo in Surfside, FL pretty cheap about now.[/quote]
No way that tower fell on its own. FBI plot.
The other towers prob. Cheap now.
Making me reconsider downtown SD highrise[/quote]
Look at this! The penthouse, which is now a ground level pile of rubble, sold for $2.8M seven weeks ago!
From the ad: “This condo has endless potential for one-third the price of new construction units in area!”
That has to be the worst timing ever.
June 27, 2021 at 12:20 PM #822296CoronitaParticipant4E
BINGO!
June 27, 2021 at 12:42 PM #822297Participant[quote=svelte][quote=scaredyclassic][quote=svelte][quote=scaredyclassic]
What’s the point of earning a lot of money if you have to live in a crap location.[/quote]
Doesn’t have to be a crap location, you can probably get a condo in Surfside, FL pretty cheap about now.[/quote]
No way that tower fell on its own. FBI plot.
The other towers prob. Cheap now.
Making me reconsider downtown SD highrise[/quote]
Look at this! The penthouse, which is now a ground level pile of rubble, sold for $2.8M seven weeks ago!
From the ad: “This condo has endless potential for one-third the price of new construction units in area!”
That has to be the worst timing ever.
That’s funny. On the bright side, if you were out playing golf and had great insurance, you’d feel like everything’s gravy
June 27, 2021 at 12:59 PM #822298Escoguy
ParticipantThey were discussing some pretty steep assessments to get the building fixed.
Apparently there was some pushback due to the amounts 200K per unit and up.
I think there is much more to this story than many will want to come to light.
If this can happen with a 40 y.o. building then???
Are older buildings structurally sound?
What kind of maintenance program is needed to prevent this?
How to prevent condo boards from delaying needed repairs?
How will lenders react?
What will this do to insurance rates?
Is the Japanese mindset of tear down the older property more appropriate?I don’t think they will find any survivors.
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