Seeking the opinion of the buyers out there.

[an]

[quote=briansd1]
People who live in run-down houses are not spending any money on maintenance now. But they’ll spend money on maintenance later, or they will pay it in lost equity. [/quote]
You’re assuming that they’ll sell. Even if they will sell, you’re assuming they won’t spend a few grand to spruce it up. It’s not expensive to put a new coat of paint. A house is not like a car. A lot of things in the house are made to work for 15-20 years. The only things that will degrade earlier (that people can DIY) are landscaping and paint.

[quote=briansd1]I see house maintenance, painting, etc. as work. Work can be fulfilling and enjoyable. But I’d rather make money at it than spend money on it.

To each his own.
[/quote]
It is to each their own. Work for one is hobby for another. Going snowboarding would be work for some and a hobby for others. You’d have to spend money to go snowboarding.

[an]

[quote=flu]
RE in China is getting interesting too…One thing…Folks have suggested buying property in Vietnam if can….Cheap labor is moving to Vietnam, coming soon to a theater near you, apparently
[/quote]
Property in Vietnam? Personally, I think you already missed the boat there. I Personally think it’s supper bubbly there, even worse than here. The biggest difference is the government as well. I personally don’t trust them.

[an]

[quote=flu]
RE in China is getting interesting too…One thing…Folks have suggested buying property in Vietnam if can….Cheap labor is moving to Vietnam, coming soon to a theater near you, apparently
[/quote]
Property in Vietnam? Personally, I think you already missed the boat there. I Personally think it’s supper bubbly there, even worse than here. The biggest difference is the government as well. I personally don’t trust them.

[an]

[quote=flu]
RE in China is getting interesting too…One thing…Folks have suggested buying property in Vietnam if can….Cheap labor is moving to Vietnam, coming soon to a theater near you, apparently
[/quote]
Property in Vietnam? Personally, I think you already missed the boat there. I Personally think it’s supper bubbly there, even worse than here. The biggest difference is the government as well. I personally don’t trust them.

[an]

[quote=flu]
RE in China is getting interesting too…One thing…Folks have suggested buying property in Vietnam if can….Cheap labor is moving to Vietnam, coming soon to a theater near you, apparently
[/quote]
Property in Vietnam? Personally, I think you already missed the boat there. I Personally think it’s supper bubbly there, even worse than here. The biggest difference is the government as well. I personally don’t trust them.

[an]

[quote=flu]
RE in China is getting interesting too…One thing…Folks have suggested buying property in Vietnam if can….Cheap labor is moving to Vietnam, coming soon to a theater near you, apparently
[/quote]
Property in Vietnam? Personally, I think you already missed the boat there. I Personally think it’s supper bubbly there, even worse than here. The biggest difference is the government as well. I personally don’t trust them.

[briansd1]

Cuba is the next Vietnam.
In 10 years you’ll see clothes with “Made in Cuba” labels.

Back the 1950s Cuba was the playground of Americans. Just a short flight away, it can become that again and more.

Apparently, there’s plenty of oil off the coast of Cuba.

————

AN, a badly maintained property will sell for less than a well maintained one. So the homeowner or his heir will lose right there.

Since you bought in Mira Mesa, did you add up all the expenses and time of restoring your house?

[briansd1]

Cuba is the next Vietnam.
In 10 years you’ll see clothes with “Made in Cuba” labels.

Back the 1950s Cuba was the playground of Americans. Just a short flight away, it can become that again and more.

Apparently, there’s plenty of oil off the coast of Cuba.

————

AN, a badly maintained property will sell for less than a well maintained one. So the homeowner or his heir will lose right there.

Since you bought in Mira Mesa, did you add up all the expenses and time of restoring your house?

[briansd1]

Cuba is the next Vietnam.
In 10 years you’ll see clothes with “Made in Cuba” labels.

Back the 1950s Cuba was the playground of Americans. Just a short flight away, it can become that again and more.

Apparently, there’s plenty of oil off the coast of Cuba.

————

AN, a badly maintained property will sell for less than a well maintained one. So the homeowner or his heir will lose right there.

Since you bought in Mira Mesa, did you add up all the expenses and time of restoring your house?

[briansd1]

Cuba is the next Vietnam.
In 10 years you’ll see clothes with “Made in Cuba” labels.

Back the 1950s Cuba was the playground of Americans. Just a short flight away, it can become that again and more.

Apparently, there’s plenty of oil off the coast of Cuba.

————

AN, a badly maintained property will sell for less than a well maintained one. So the homeowner or his heir will lose right there.

Since you bought in Mira Mesa, did you add up all the expenses and time of restoring your house?

[briansd1]

Cuba is the next Vietnam.
In 10 years you’ll see clothes with “Made in Cuba” labels.

Back the 1950s Cuba was the playground of Americans. Just a short flight away, it can become that again and more.

Apparently, there’s plenty of oil off the coast of Cuba.

————

AN, a badly maintained property will sell for less than a well maintained one. So the homeowner or his heir will lose right there.

Since you bought in Mira Mesa, did you add up all the expenses and time of restoring your house?

[(former)FormerSanDiegan]

[quote=4plexowner]1. what about the fact that 25% of our workforce (Baby Boomers) are going to try to retire over the next ten years?

many of them will try to downsize by selling their houses
[/quote]

Why is it that all demographic arguments focus on the baby boomers. What about the children of the boomers, who actually outnumber the boomer generation ?

The first part of this wave is in their early 30’s. While the size of the echo boomer generation is not large enough to solve the Social Security problems (which relies on a large number of workers per retiree) they are larger than the boomers and will impact many other parts of the economy and society.

[(former)FormerSanDiegan]

[quote=4plexowner]1. what about the fact that 25% of our workforce (Baby Boomers) are going to try to retire over the next ten years?

many of them will try to downsize by selling their houses
[/quote]

Why is it that all demographic arguments focus on the baby boomers. What about the children of the boomers, who actually outnumber the boomer generation ?

The first part of this wave is in their early 30’s. While the size of the echo boomer generation is not large enough to solve the Social Security problems (which relies on a large number of workers per retiree) they are larger than the boomers and will impact many other parts of the economy and society.

[(former)FormerSanDiegan]

[quote=4plexowner]1. what about the fact that 25% of our workforce (Baby Boomers) are going to try to retire over the next ten years?

many of them will try to downsize by selling their houses
[/quote]

Why is it that all demographic arguments focus on the baby boomers. What about the children of the boomers, who actually outnumber the boomer generation ?

The first part of this wave is in their early 30’s. While the size of the echo boomer generation is not large enough to solve the Social Security problems (which relies on a large number of workers per retiree) they are larger than the boomers and will impact many other parts of the economy and society.

[(former)FormerSanDiegan]

[quote=4plexowner]1. what about the fact that 25% of our workforce (Baby Boomers) are going to try to retire over the next ten years?

many of them will try to downsize by selling their houses
[/quote]

Why is it that all demographic arguments focus on the baby boomers. What about the children of the boomers, who actually outnumber the boomer generation ?

The first part of this wave is in their early 30’s. While the size of the echo boomer generation is not large enough to solve the Social Security problems (which relies on a large number of workers per retiree) they are larger than the boomers and will impact many other parts of the economy and society.

[Author]

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