What ARE the fundamentals?

[I would rather be lucky then smart]

What about the down payment question?

You can always make the rent greater then the mortgage if you put enough down.

[barnaby33]

I would rather, you are asking a complex and often asked question on this site. There are way too many moving parts to answer simply.

Pre inflationary monetary policy ala Nixon houses generally rented for more than the house payment. That was with a 10 or 20 percent down.

In the last 2 to 3 decades that has not been the case, especially in high growth area on the coasts.

I think a more interesting question to ask is the macro question on inflation, will it continue to spiral up, or will we have deflation. That would go much farther towards answering what the fundamentals are as the are ‘flation’ dependent.

Josh

[barnaby33]

I would rather, you are asking a complex and often asked question on this site. There are way too many moving parts to answer simply.

Pre inflationary monetary policy ala Nixon houses generally rented for more than the house payment. That was with a 10 or 20 percent down.

In the last 2 to 3 decades that has not been the case, especially in high growth area on the coasts.

I think a more interesting question to ask is the macro question on inflation, will it continue to spiral up, or will we have deflation. That would go much farther towards answering what the fundamentals are as the are ‘flation’ dependent.

Josh

[barnaby33]

I would rather, you are asking a complex and often asked question on this site. There are way too many moving parts to answer simply.

Pre inflationary monetary policy ala Nixon houses generally rented for more than the house payment. That was with a 10 or 20 percent down.

In the last 2 to 3 decades that has not been the case, especially in high growth area on the coasts.

I think a more interesting question to ask is the macro question on inflation, will it continue to spiral up, or will we have deflation. That would go much farther towards answering what the fundamentals are as the are ‘flation’ dependent.

Josh

[barnaby33]

I would rather, you are asking a complex and often asked question on this site. There are way too many moving parts to answer simply.

Pre inflationary monetary policy ala Nixon houses generally rented for more than the house payment. That was with a 10 or 20 percent down.

In the last 2 to 3 decades that has not been the case, especially in high growth area on the coasts.

I think a more interesting question to ask is the macro question on inflation, will it continue to spiral up, or will we have deflation. That would go much farther towards answering what the fundamentals are as the are ‘flation’ dependent.

Josh

[barnaby33]

I would rather, you are asking a complex and often asked question on this site. There are way too many moving parts to answer simply.

Pre inflationary monetary policy ala Nixon houses generally rented for more than the house payment. That was with a 10 or 20 percent down.

In the last 2 to 3 decades that has not been the case, especially in high growth area on the coasts.

I think a more interesting question to ask is the macro question on inflation, will it continue to spiral up, or will we have deflation. That would go much farther towards answering what the fundamentals are as the are ‘flation’ dependent.

Josh

[OwnerOfCalifornia]

Lastly, how does climate play into the fundamentals? Most places in the US have crummy waether compared to San Diego. That said, shouldn’t we pay a premium for year around good weather

Homes in SoCal have always been more expensive than most parts of the country, and I’m sure they always will be. As has been covered here on piggington, the weather didn’t suddenly grow to super-mega-awesome from 2000 to 2005.

Whenever this thing bottoms out, people will still pay a premium to live here compared to prices elsewhere.

[OwnerOfCalifornia]

Lastly, how does climate play into the fundamentals? Most places in the US have crummy waether compared to San Diego. That said, shouldn’t we pay a premium for year around good weather

Homes in SoCal have always been more expensive than most parts of the country, and I’m sure they always will be. As has been covered here on piggington, the weather didn’t suddenly grow to super-mega-awesome from 2000 to 2005.

Whenever this thing bottoms out, people will still pay a premium to live here compared to prices elsewhere.

[OwnerOfCalifornia]

Lastly, how does climate play into the fundamentals? Most places in the US have crummy waether compared to San Diego. That said, shouldn’t we pay a premium for year around good weather

Homes in SoCal have always been more expensive than most parts of the country, and I’m sure they always will be. As has been covered here on piggington, the weather didn’t suddenly grow to super-mega-awesome from 2000 to 2005.

Whenever this thing bottoms out, people will still pay a premium to live here compared to prices elsewhere.

[OwnerOfCalifornia]

Lastly, how does climate play into the fundamentals? Most places in the US have crummy waether compared to San Diego. That said, shouldn’t we pay a premium for year around good weather

Homes in SoCal have always been more expensive than most parts of the country, and I’m sure they always will be. As has been covered here on piggington, the weather didn’t suddenly grow to super-mega-awesome from 2000 to 2005.

Whenever this thing bottoms out, people will still pay a premium to live here compared to prices elsewhere.

[OwnerOfCalifornia]

Lastly, how does climate play into the fundamentals? Most places in the US have crummy waether compared to San Diego. That said, shouldn’t we pay a premium for year around good weather

Homes in SoCal have always been more expensive than most parts of the country, and I’m sure they always will be. As has been covered here on piggington, the weather didn’t suddenly grow to super-mega-awesome from 2000 to 2005.

Whenever this thing bottoms out, people will still pay a premium to live here compared to prices elsewhere.

[I would rather be lucky then smart]

“back in line with the fundamentals”

barnaby33,

That was Rich Toscano’s statement in his commentary today.

If I was shopping for a new house, I would certainly want to have a clue as to what are these fundamentals that everyone is talking about.

[I would rather be lucky then smart]

“back in line with the fundamentals”

barnaby33,

That was Rich Toscano’s statement in his commentary today.

If I was shopping for a new house, I would certainly want to have a clue as to what are these fundamentals that everyone is talking about.

[I would rather be lucky then smart]

“back in line with the fundamentals”

barnaby33,

That was Rich Toscano’s statement in his commentary today.

If I was shopping for a new house, I would certainly want to have a clue as to what are these fundamentals that everyone is talking about.

[I would rather be lucky then smart]

“back in line with the fundamentals”

barnaby33,

That was Rich Toscano’s statement in his commentary today.

If I was shopping for a new house, I would certainly want to have a clue as to what are these fundamentals that everyone is talking about.

[Author]

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