SD Condo article in LA Times

[briansd1]

[quote=FormerSanDiegan] So, how do I list my property for sale in the alternate realty that consists of those who have suspended their belief. I want to get in on that one.[/quote]

You can list your property on the “non-distress” market as long as you want.

Many sellers are doing that. They still price their houses at 2005, 2006 levels.

The problem is that they won’t find any buyers at those prices. But try they do, still. A seller only needs one knife catcher. That’s all it takes.

Another problem are the appraisals which are undoing many deals.

[DWCAP]

And who says that the best days of piggington are behind it?

We have bulls makeing raw accusations like “yah I may have overpaid from where the current bottom was, but I made lots of other investments which have cushioned it so it isnt so bad” and
“atleast I bought a house, unlike all you wanna bee’s that I dont think will ever buy anything.”

You have Bears making statements like

” As long as I keep waiting, I can always buy/sell at the top cause I havent ‘bought/sold’ yet.”
and “there are decades of inventory downtown (if you use raw/general numbers), so SD RE is still screwed.” As if somehow what is happening in the downtown rental market will effect the rest of the county.

It is like a flashback to 2006.

My personal favorite though is the disagreement on who has to actually bring data to defend their positions.

[DWCAP]

And who says that the best days of piggington are behind it?

We have bulls makeing raw accusations like “yah I may have overpaid from where the current bottom was, but I made lots of other investments which have cushioned it so it isnt so bad” and
“atleast I bought a house, unlike all you wanna bee’s that I dont think will ever buy anything.”

You have Bears making statements like

” As long as I keep waiting, I can always buy/sell at the top cause I havent ‘bought/sold’ yet.”
and “there are decades of inventory downtown (if you use raw/general numbers), so SD RE is still screwed.” As if somehow what is happening in the downtown rental market will effect the rest of the county.

It is like a flashback to 2006.

My personal favorite though is the disagreement on who has to actually bring data to defend their positions.

[DWCAP]

And who says that the best days of piggington are behind it?

We have bulls makeing raw accusations like “yah I may have overpaid from where the current bottom was, but I made lots of other investments which have cushioned it so it isnt so bad” and
“atleast I bought a house, unlike all you wanna bee’s that I dont think will ever buy anything.”

You have Bears making statements like

” As long as I keep waiting, I can always buy/sell at the top cause I havent ‘bought/sold’ yet.”
and “there are decades of inventory downtown (if you use raw/general numbers), so SD RE is still screwed.” As if somehow what is happening in the downtown rental market will effect the rest of the county.

It is like a flashback to 2006.

My personal favorite though is the disagreement on who has to actually bring data to defend their positions.

[DWCAP]

And who says that the best days of piggington are behind it?

We have bulls makeing raw accusations like “yah I may have overpaid from where the current bottom was, but I made lots of other investments which have cushioned it so it isnt so bad” and
“atleast I bought a house, unlike all you wanna bee’s that I dont think will ever buy anything.”

You have Bears making statements like

” As long as I keep waiting, I can always buy/sell at the top cause I havent ‘bought/sold’ yet.”
and “there are decades of inventory downtown (if you use raw/general numbers), so SD RE is still screwed.” As if somehow what is happening in the downtown rental market will effect the rest of the county.

It is like a flashback to 2006.

My personal favorite though is the disagreement on who has to actually bring data to defend their positions.

[DWCAP]

And who says that the best days of piggington are behind it?

We have bulls makeing raw accusations like “yah I may have overpaid from where the current bottom was, but I made lots of other investments which have cushioned it so it isnt so bad” and
“atleast I bought a house, unlike all you wanna bee’s that I dont think will ever buy anything.”

You have Bears making statements like

” As long as I keep waiting, I can always buy/sell at the top cause I havent ‘bought/sold’ yet.”
and “there are decades of inventory downtown (if you use raw/general numbers), so SD RE is still screwed.” As if somehow what is happening in the downtown rental market will effect the rest of the county.

It is like a flashback to 2006.

My personal favorite though is the disagreement on who has to actually bring data to defend their positions.

[34f3f3f]

[quote=briansd1][quote=4plexowner]

People who do own Downtown get tired of paying $500+++ in HOA every month. The restaurants are expensive; and after ownership expenses, people don’t really enjoy Downtown much anymore.[/quote]

Obviously not many have lived in a big city here. These things you call condos, are apartments elsewhere and is the norm in big cities. Poor parking, restricted space, and smelly streets is big city living folks unless you’re uber rich. The one thing I agree with is that HOA fees are a real turn off. This goes right against the grain because they are too high and therefore unsustainable. Cut the services offered to just basic amenities. Get rid of the gyms, pools, manicured forecourts, security guard etc. With land prices being what they are, I see building upwards being the trend for the future. De-urbanisation, community building, centralised town planning, public transportation, affordable housing, eco-living, oh yeah, and de-parochialisation crash course.

[34f3f3f]

[quote=briansd1][quote=4plexowner]

People who do own Downtown get tired of paying $500+++ in HOA every month. The restaurants are expensive; and after ownership expenses, people don’t really enjoy Downtown much anymore.[/quote]

Obviously not many have lived in a big city here. These things you call condos, are apartments elsewhere and is the norm in big cities. Poor parking, restricted space, and smelly streets is big city living folks unless you’re uber rich. The one thing I agree with is that HOA fees are a real turn off. This goes right against the grain because they are too high and therefore unsustainable. Cut the services offered to just basic amenities. Get rid of the gyms, pools, manicured forecourts, security guard etc. With land prices being what they are, I see building upwards being the trend for the future. De-urbanisation, community building, centralised town planning, public transportation, affordable housing, eco-living, oh yeah, and de-parochialisation crash course.

[34f3f3f]

[quote=briansd1][quote=4plexowner]

People who do own Downtown get tired of paying $500+++ in HOA every month. The restaurants are expensive; and after ownership expenses, people don’t really enjoy Downtown much anymore.[/quote]

Obviously not many have lived in a big city here. These things you call condos, are apartments elsewhere and is the norm in big cities. Poor parking, restricted space, and smelly streets is big city living folks unless you’re uber rich. The one thing I agree with is that HOA fees are a real turn off. This goes right against the grain because they are too high and therefore unsustainable. Cut the services offered to just basic amenities. Get rid of the gyms, pools, manicured forecourts, security guard etc. With land prices being what they are, I see building upwards being the trend for the future. De-urbanisation, community building, centralised town planning, public transportation, affordable housing, eco-living, oh yeah, and de-parochialisation crash course.

[34f3f3f]

[quote=briansd1][quote=4plexowner]

People who do own Downtown get tired of paying $500+++ in HOA every month. The restaurants are expensive; and after ownership expenses, people don’t really enjoy Downtown much anymore.[/quote]

Obviously not many have lived in a big city here. These things you call condos, are apartments elsewhere and is the norm in big cities. Poor parking, restricted space, and smelly streets is big city living folks unless you’re uber rich. The one thing I agree with is that HOA fees are a real turn off. This goes right against the grain because they are too high and therefore unsustainable. Cut the services offered to just basic amenities. Get rid of the gyms, pools, manicured forecourts, security guard etc. With land prices being what they are, I see building upwards being the trend for the future. De-urbanisation, community building, centralised town planning, public transportation, affordable housing, eco-living, oh yeah, and de-parochialisation crash course.

[34f3f3f]

[quote=briansd1][quote=4plexowner]

People who do own Downtown get tired of paying $500+++ in HOA every month. The restaurants are expensive; and after ownership expenses, people don’t really enjoy Downtown much anymore.[/quote]

Obviously not many have lived in a big city here. These things you call condos, are apartments elsewhere and is the norm in big cities. Poor parking, restricted space, and smelly streets is big city living folks unless you’re uber rich. The one thing I agree with is that HOA fees are a real turn off. This goes right against the grain because they are too high and therefore unsustainable. Cut the services offered to just basic amenities. Get rid of the gyms, pools, manicured forecourts, security guard etc. With land prices being what they are, I see building upwards being the trend for the future. De-urbanisation, community building, centralised town planning, public transportation, affordable housing, eco-living, oh yeah, and de-parochialisation crash course.

[blahblahblah]

The issue with Downtown San Diego is that it’s built around Conventions and Tourism. You have a bunch of hotels and restaurants catering to expense accounts.
This makes it very expensive for a city where many of it’s inhabitants that work government jobs and healthcare.

Very very true. But hey, at least we’re not Cleveland. According my new favorite video on youtube, their economy is based on LeBron James and their primary export is crippling depression.

[blahblahblah]

The issue with Downtown San Diego is that it’s built around Conventions and Tourism. You have a bunch of hotels and restaurants catering to expense accounts.
This makes it very expensive for a city where many of it’s inhabitants that work government jobs and healthcare.

Very very true. But hey, at least we’re not Cleveland. According my new favorite video on youtube, their economy is based on LeBron James and their primary export is crippling depression.

[blahblahblah]

The issue with Downtown San Diego is that it’s built around Conventions and Tourism. You have a bunch of hotels and restaurants catering to expense accounts.
This makes it very expensive for a city where many of it’s inhabitants that work government jobs and healthcare.

Very very true. But hey, at least we’re not Cleveland. According my new favorite video on youtube, their economy is based on LeBron James and their primary export is crippling depression.

[blahblahblah]

The issue with Downtown San Diego is that it’s built around Conventions and Tourism. You have a bunch of hotels and restaurants catering to expense accounts.
This makes it very expensive for a city where many of it’s inhabitants that work government jobs and healthcare.

Very very true. But hey, at least we’re not Cleveland. According my new favorite video on youtube, their economy is based on LeBron James and their primary export is crippling depression.

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