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  • June 30, 2009 at 2:41 PM #423287
    Nor-LA-SD-guy
    Participant

    [quote=briansd1][quote=Nor-LA-SD-guy]
    You will just have to take my word for it but the Chinese, Those with the spare change are definitely are looking to buy in coastal Socal (inland not so much)
    [/quote]

    I think that the Chinese will stay in China as their economy provides them better opportunities.

    I know Chinese people who are returning to China in search of opportunities.

    [/quote]

    While I have seen a little of that (Chinese who cashed out looking to buy investment properties and homes in China), If you think it’s hard for us in the USA to get a good Job, you should try looking for one in china, there are a lot more college grads in china than jobs for them.

    There is a lot more Chinese in china looking to buy properties in socal that the other way around.

    Even the Chinese gov is looking for U.S.A. properties to invest in rather than treasuries (this last one is just a joke sort of).

    June 30, 2009 at 9:00 PM #422845
    4plexowner
    Participant

    lots of rationalization about this and that – nobody addressed this undeniable fact:

    3. what about the fact that previous real estate downturns in SoCal have been 6 to 7 years which puts a bottom in 2012 to 2014 at the earliest?

    June 30, 2009 at 9:00 PM #423076
    4plexowner
    Participant

    lots of rationalization about this and that – nobody addressed this undeniable fact:

    3. what about the fact that previous real estate downturns in SoCal have been 6 to 7 years which puts a bottom in 2012 to 2014 at the earliest?

    June 30, 2009 at 9:00 PM #423353
    4plexowner
    Participant

    lots of rationalization about this and that – nobody addressed this undeniable fact:

    3. what about the fact that previous real estate downturns in SoCal have been 6 to 7 years which puts a bottom in 2012 to 2014 at the earliest?

    June 30, 2009 at 9:00 PM #423421
    4plexowner
    Participant

    lots of rationalization about this and that – nobody addressed this undeniable fact:

    3. what about the fact that previous real estate downturns in SoCal have been 6 to 7 years which puts a bottom in 2012 to 2014 at the earliest?

    June 30, 2009 at 9:00 PM #423583
    4plexowner
    Participant

    lots of rationalization about this and that – nobody addressed this undeniable fact:

    3. what about the fact that previous real estate downturns in SoCal have been 6 to 7 years which puts a bottom in 2012 to 2014 at the earliest?

    June 30, 2009 at 10:08 PM #422890
    propertysearchaddiction
    Participant

    I tend to agree with 4plexowner. In previous downturns did the low end bottom out before the high end? The low end seems to be falling at a much faster pace. Many people feel it has bottomed out.
    I am not that optimistic or am I just missing something? Will both the high end and low end continue to fall?

    June 30, 2009 at 10:08 PM #423120
    propertysearchaddiction
    Participant

    I tend to agree with 4plexowner. In previous downturns did the low end bottom out before the high end? The low end seems to be falling at a much faster pace. Many people feel it has bottomed out.
    I am not that optimistic or am I just missing something? Will both the high end and low end continue to fall?

    June 30, 2009 at 10:08 PM #423398
    propertysearchaddiction
    Participant

    I tend to agree with 4plexowner. In previous downturns did the low end bottom out before the high end? The low end seems to be falling at a much faster pace. Many people feel it has bottomed out.
    I am not that optimistic or am I just missing something? Will both the high end and low end continue to fall?

    June 30, 2009 at 10:08 PM #423466
    propertysearchaddiction
    Participant

    I tend to agree with 4plexowner. In previous downturns did the low end bottom out before the high end? The low end seems to be falling at a much faster pace. Many people feel it has bottomed out.
    I am not that optimistic or am I just missing something? Will both the high end and low end continue to fall?

    June 30, 2009 at 10:08 PM #423628
    propertysearchaddiction
    Participant

    I tend to agree with 4plexowner. In previous downturns did the low end bottom out before the high end? The low end seems to be falling at a much faster pace. Many people feel it has bottomed out.
    I am not that optimistic or am I just missing something? Will both the high end and low end continue to fall?

    June 30, 2009 at 11:15 PM #422965
    sdcellar
    Participant

    yep. lots of rationalization. i almost feel like i’m at the car dealer and he’s trying to scam me with the old ‘what can you spend a month’ routine…

    June 30, 2009 at 11:15 PM #423195
    sdcellar
    Participant

    yep. lots of rationalization. i almost feel like i’m at the car dealer and he’s trying to scam me with the old ‘what can you spend a month’ routine…

    June 30, 2009 at 11:15 PM #423473
    sdcellar
    Participant

    yep. lots of rationalization. i almost feel like i’m at the car dealer and he’s trying to scam me with the old ‘what can you spend a month’ routine…

    June 30, 2009 at 11:15 PM #423541
    sdcellar
    Participant

    yep. lots of rationalization. i almost feel like i’m at the car dealer and he’s trying to scam me with the old ‘what can you spend a month’ routine…

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