Spring Buying Season

[jpinpb]

ah – you’re assuming that they will rent in Mira Mesa, or even in San Diego – or California for that matter. What if they get a job out of state and relocate. Or move in w/families maybe even midwest or back east. Crazier things are happening.

[an]

gn, so based on your argument, a lot of the PQ, CV, etc. buyers shouldn’t have been approved for PQ, CV, etc prices, so those buyers should be buying in MM instead. So those buyers will replace these people who shouldn’t have been approved for MM in 2005. People living beyond their mean doesn’t stop at MM price range. They’re everywhere.

jpinpb, you’re also assuming that they won’t be replaced by other people who currently live in more expensive area who really couldn’t afford it not moving back to MM.

[an]

gn, so based on your argument, a lot of the PQ, CV, etc. buyers shouldn’t have been approved for PQ, CV, etc prices, so those buyers should be buying in MM instead. So those buyers will replace these people who shouldn’t have been approved for MM in 2005. People living beyond their mean doesn’t stop at MM price range. They’re everywhere.

jpinpb, you’re also assuming that they won’t be replaced by other people who currently live in more expensive area who really couldn’t afford it not moving back to MM.

[an]

gn, so based on your argument, a lot of the PQ, CV, etc. buyers shouldn’t have been approved for PQ, CV, etc prices, so those buyers should be buying in MM instead. So those buyers will replace these people who shouldn’t have been approved for MM in 2005. People living beyond their mean doesn’t stop at MM price range. They’re everywhere.

jpinpb, you’re also assuming that they won’t be replaced by other people who currently live in more expensive area who really couldn’t afford it not moving back to MM.

[an]

gn, so based on your argument, a lot of the PQ, CV, etc. buyers shouldn’t have been approved for PQ, CV, etc prices, so those buyers should be buying in MM instead. So those buyers will replace these people who shouldn’t have been approved for MM in 2005. People living beyond their mean doesn’t stop at MM price range. They’re everywhere.

jpinpb, you’re also assuming that they won’t be replaced by other people who currently live in more expensive area who really couldn’t afford it not moving back to MM.

[an]

gn, so based on your argument, a lot of the PQ, CV, etc. buyers shouldn’t have been approved for PQ, CV, etc prices, so those buyers should be buying in MM instead. So those buyers will replace these people who shouldn’t have been approved for MM in 2005. People living beyond their mean doesn’t stop at MM price range. They’re everywhere.

jpinpb, you’re also assuming that they won’t be replaced by other people who currently live in more expensive area who really couldn’t afford it not moving back to MM.

[gn]

People living beyond their means doesn't stop at MM price range. They're everywhere.

You are right. Pretenders are everywhere.

Now, during the boom times, because prices were so high, there were tremendous incentives to create housing supply to cash in on the high prices. Supplies were added in downtown SD, 4S, Carmel Valley, Temecula …

Since all of  San Diego county & southern Riverside county iis effectively in the "same market", supply added to downtown affect prices in Mira Mesa.

For example, the condo glut in downtown will have a negative effect on condo prices in Mira Mesa. Asianautica, you have been on Piggington long enough to read many of Bugs's postings. And he's the first one to tell you that "it's all connected".

There is a surplus of housing in the SD market. And the fact that Mira Mesa is in the "middle" (in term of prices range) does not insulate Mira Mesa from the downturn. The surplus will eventually affect all market segments.

[gn]

People living beyond their means doesn't stop at MM price range. They're everywhere.

You are right. Pretenders are everywhere.

Now, during the boom times, because prices were so high, there were tremendous incentives to create housing supply to cash in on the high prices. Supplies were added in downtown SD, 4S, Carmel Valley, Temecula …

Since all of  San Diego county & southern Riverside county iis effectively in the "same market", supply added to downtown affect prices in Mira Mesa.

For example, the condo glut in downtown will have a negative effect on condo prices in Mira Mesa. Asianautica, you have been on Piggington long enough to read many of Bugs's postings. And he's the first one to tell you that "it's all connected".

There is a surplus of housing in the SD market. And the fact that Mira Mesa is in the "middle" (in term of prices range) does not insulate Mira Mesa from the downturn. The surplus will eventually affect all market segments.

[gn]

People living beyond their means doesn't stop at MM price range. They're everywhere.

You are right. Pretenders are everywhere.

Now, during the boom times, because prices were so high, there were tremendous incentives to create housing supply to cash in on the high prices. Supplies were added in downtown SD, 4S, Carmel Valley, Temecula …

Since all of  San Diego county & southern Riverside county iis effectively in the "same market", supply added to downtown affect prices in Mira Mesa.

For example, the condo glut in downtown will have a negative effect on condo prices in Mira Mesa. Asianautica, you have been on Piggington long enough to read many of Bugs's postings. And he's the first one to tell you that "it's all connected".

There is a surplus of housing in the SD market. And the fact that Mira Mesa is in the "middle" (in term of prices range) does not insulate Mira Mesa from the downturn. The surplus will eventually affect all market segments.

[gn]

People living beyond their means doesn't stop at MM price range. They're everywhere.

You are right. Pretenders are everywhere.

Now, during the boom times, because prices were so high, there were tremendous incentives to create housing supply to cash in on the high prices. Supplies were added in downtown SD, 4S, Carmel Valley, Temecula …

Since all of  San Diego county & southern Riverside county iis effectively in the "same market", supply added to downtown affect prices in Mira Mesa.

For example, the condo glut in downtown will have a negative effect on condo prices in Mira Mesa. Asianautica, you have been on Piggington long enough to read many of Bugs's postings. And he's the first one to tell you that "it's all connected".

There is a surplus of housing in the SD market. And the fact that Mira Mesa is in the "middle" (in term of prices range) does not insulate Mira Mesa from the downturn. The surplus will eventually affect all market segments.

[gn]

People living beyond their means doesn't stop at MM price range. They're everywhere.

You are right. Pretenders are everywhere.

Now, during the boom times, because prices were so high, there were tremendous incentives to create housing supply to cash in on the high prices. Supplies were added in downtown SD, 4S, Carmel Valley, Temecula …

Since all of  San Diego county & southern Riverside county iis effectively in the "same market", supply added to downtown affect prices in Mira Mesa.

For example, the condo glut in downtown will have a negative effect on condo prices in Mira Mesa. Asianautica, you have been on Piggington long enough to read many of Bugs's postings. And he's the first one to tell you that "it's all connected".

There is a surplus of housing in the SD market. And the fact that Mira Mesa is in the "middle" (in term of prices range) does not insulate Mira Mesa from the downturn. The surplus will eventually affect all market segments.

[jpinpb]

No doubt there will be a shuffling all over. That’s true. Moves and shifting will be happening.

[jpinpb]

No doubt there will be a shuffling all over. That’s true. Moves and shifting will be happening.

[jpinpb]

No doubt there will be a shuffling all over. That’s true. Moves and shifting will be happening.

[jpinpb]

No doubt there will be a shuffling all over. That’s true. Moves and shifting will be happening.

[Author]

Posts