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August 19, 2010 at 4:28 PM #594669August 19, 2010 at 4:32 PM #593625
sdrealtor
ParticipantDZ
The pool of individuals with money to put down on these houses isnt and does not have to be never ending because the supply is not never ending. It just has to be large enough to absorb the supply which comes on the market over time. I’m in my house for 11 years now and expect to be here another 15 to 20 years. Then I’ll probably rent it out and travel eventuially leaving it to my kids. Thats one out of the system that will likely never hit the open market in your lifetime.August 19, 2010 at 4:32 PM #593721sdrealtor
ParticipantDZ
The pool of individuals with money to put down on these houses isnt and does not have to be never ending because the supply is not never ending. It just has to be large enough to absorb the supply which comes on the market over time. I’m in my house for 11 years now and expect to be here another 15 to 20 years. Then I’ll probably rent it out and travel eventuially leaving it to my kids. Thats one out of the system that will likely never hit the open market in your lifetime.August 19, 2010 at 4:32 PM #594257sdrealtor
ParticipantDZ
The pool of individuals with money to put down on these houses isnt and does not have to be never ending because the supply is not never ending. It just has to be large enough to absorb the supply which comes on the market over time. I’m in my house for 11 years now and expect to be here another 15 to 20 years. Then I’ll probably rent it out and travel eventuially leaving it to my kids. Thats one out of the system that will likely never hit the open market in your lifetime.August 19, 2010 at 4:32 PM #594369sdrealtor
ParticipantDZ
The pool of individuals with money to put down on these houses isnt and does not have to be never ending because the supply is not never ending. It just has to be large enough to absorb the supply which comes on the market over time. I’m in my house for 11 years now and expect to be here another 15 to 20 years. Then I’ll probably rent it out and travel eventuially leaving it to my kids. Thats one out of the system that will likely never hit the open market in your lifetime.August 19, 2010 at 4:32 PM #594679sdrealtor
ParticipantDZ
The pool of individuals with money to put down on these houses isnt and does not have to be never ending because the supply is not never ending. It just has to be large enough to absorb the supply which comes on the market over time. I’m in my house for 11 years now and expect to be here another 15 to 20 years. Then I’ll probably rent it out and travel eventuially leaving it to my kids. Thats one out of the system that will likely never hit the open market in your lifetime.August 19, 2010 at 4:33 PM #593630ocrenter
Participant[quote=deadzone]sdr, what evidence do you have that there are more high net worth individuals in SD than 15 years ago? All of your examples are anecdotal. In fact, every example you give could have easily applied to the 1970s, 80s, etc.
Coastal SD got hammered in the 1990s, everyone who believes it can’t happen again have their heads in the sand.[/quote]
dz, I know the comment is meant for sdr. but I’ll just say that I moved to SD 4 years ago and while we do not pick and chose our friends based on whether they are from SD or elsewhere, I would say from my personal experience both counting friends and colleagues at work as well as neighbors, overwhelmingly 90% are all new to SD within the last 15 years. we all ended up settling in premium locations in North County. and I would consider the companies we keep to be predominately in the upper tier of the socioeconomic scale.
as an ex-OCer, let’s just say first impression of SD is VALUE when it comes to real estate. Back in OC we never dreamed we would be able to afford the type of home we are in, but in SD, it is for the picking, and that goes with most of our neighbors and friends as well.
just another prospective, that’s all.
August 19, 2010 at 4:33 PM #593726ocrenter
Participant[quote=deadzone]sdr, what evidence do you have that there are more high net worth individuals in SD than 15 years ago? All of your examples are anecdotal. In fact, every example you give could have easily applied to the 1970s, 80s, etc.
Coastal SD got hammered in the 1990s, everyone who believes it can’t happen again have their heads in the sand.[/quote]
dz, I know the comment is meant for sdr. but I’ll just say that I moved to SD 4 years ago and while we do not pick and chose our friends based on whether they are from SD or elsewhere, I would say from my personal experience both counting friends and colleagues at work as well as neighbors, overwhelmingly 90% are all new to SD within the last 15 years. we all ended up settling in premium locations in North County. and I would consider the companies we keep to be predominately in the upper tier of the socioeconomic scale.
as an ex-OCer, let’s just say first impression of SD is VALUE when it comes to real estate. Back in OC we never dreamed we would be able to afford the type of home we are in, but in SD, it is for the picking, and that goes with most of our neighbors and friends as well.
just another prospective, that’s all.
August 19, 2010 at 4:33 PM #594262ocrenter
Participant[quote=deadzone]sdr, what evidence do you have that there are more high net worth individuals in SD than 15 years ago? All of your examples are anecdotal. In fact, every example you give could have easily applied to the 1970s, 80s, etc.
Coastal SD got hammered in the 1990s, everyone who believes it can’t happen again have their heads in the sand.[/quote]
dz, I know the comment is meant for sdr. but I’ll just say that I moved to SD 4 years ago and while we do not pick and chose our friends based on whether they are from SD or elsewhere, I would say from my personal experience both counting friends and colleagues at work as well as neighbors, overwhelmingly 90% are all new to SD within the last 15 years. we all ended up settling in premium locations in North County. and I would consider the companies we keep to be predominately in the upper tier of the socioeconomic scale.
as an ex-OCer, let’s just say first impression of SD is VALUE when it comes to real estate. Back in OC we never dreamed we would be able to afford the type of home we are in, but in SD, it is for the picking, and that goes with most of our neighbors and friends as well.
just another prospective, that’s all.
August 19, 2010 at 4:33 PM #594374ocrenter
Participant[quote=deadzone]sdr, what evidence do you have that there are more high net worth individuals in SD than 15 years ago? All of your examples are anecdotal. In fact, every example you give could have easily applied to the 1970s, 80s, etc.
Coastal SD got hammered in the 1990s, everyone who believes it can’t happen again have their heads in the sand.[/quote]
dz, I know the comment is meant for sdr. but I’ll just say that I moved to SD 4 years ago and while we do not pick and chose our friends based on whether they are from SD or elsewhere, I would say from my personal experience both counting friends and colleagues at work as well as neighbors, overwhelmingly 90% are all new to SD within the last 15 years. we all ended up settling in premium locations in North County. and I would consider the companies we keep to be predominately in the upper tier of the socioeconomic scale.
as an ex-OCer, let’s just say first impression of SD is VALUE when it comes to real estate. Back in OC we never dreamed we would be able to afford the type of home we are in, but in SD, it is for the picking, and that goes with most of our neighbors and friends as well.
just another prospective, that’s all.
August 19, 2010 at 4:33 PM #594684ocrenter
Participant[quote=deadzone]sdr, what evidence do you have that there are more high net worth individuals in SD than 15 years ago? All of your examples are anecdotal. In fact, every example you give could have easily applied to the 1970s, 80s, etc.
Coastal SD got hammered in the 1990s, everyone who believes it can’t happen again have their heads in the sand.[/quote]
dz, I know the comment is meant for sdr. but I’ll just say that I moved to SD 4 years ago and while we do not pick and chose our friends based on whether they are from SD or elsewhere, I would say from my personal experience both counting friends and colleagues at work as well as neighbors, overwhelmingly 90% are all new to SD within the last 15 years. we all ended up settling in premium locations in North County. and I would consider the companies we keep to be predominately in the upper tier of the socioeconomic scale.
as an ex-OCer, let’s just say first impression of SD is VALUE when it comes to real estate. Back in OC we never dreamed we would be able to afford the type of home we are in, but in SD, it is for the picking, and that goes with most of our neighbors and friends as well.
just another prospective, that’s all.
August 19, 2010 at 4:35 PM #593635sdrealtor
ParticipantDLJ
Here’s one data point. My rent in 1995 was $750 for a place that would rent for $1500 today.August 19, 2010 at 4:35 PM #593731sdrealtor
ParticipantDLJ
Here’s one data point. My rent in 1995 was $750 for a place that would rent for $1500 today.August 19, 2010 at 4:35 PM #594267sdrealtor
ParticipantDLJ
Here’s one data point. My rent in 1995 was $750 for a place that would rent for $1500 today.August 19, 2010 at 4:35 PM #594379sdrealtor
ParticipantDLJ
Here’s one data point. My rent in 1995 was $750 for a place that would rent for $1500 today. -
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