Home › Forums › Financial Markets/Economics › Why California Is Doomed
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DWCAP.
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March 9, 2010 at 5:58 PM #524488March 9, 2010 at 6:34 PM #523581
Nor-LA-SD-guy
ParticipantDenial is thinking your going to get that Ocean View McMansion for less than 400K (call me the king of Da Nile), but never having plan B, maybe move a little further inland ???
Just a thought…
March 9, 2010 at 6:34 PM #523718ParticipantDenial is thinking your going to get that Ocean View McMansion for less than 400K (call me the king of Da Nile), but never having plan B, maybe move a little further inland ???
Just a thought…
March 9, 2010 at 6:34 PM #524159ParticipantDenial is thinking your going to get that Ocean View McMansion for less than 400K (call me the king of Da Nile), but never having plan B, maybe move a little further inland ???
Just a thought…
March 9, 2010 at 6:34 PM #524255ParticipantDenial is thinking your going to get that Ocean View McMansion for less than 400K (call me the king of Da Nile), but never having plan B, maybe move a little further inland ???
Just a thought…
March 9, 2010 at 6:34 PM #524512ParticipantDenial is thinking your going to get that Ocean View McMansion for less than 400K (call me the king of Da Nile), but never having plan B, maybe move a little further inland ???
Just a thought…
March 9, 2010 at 6:34 PM #523586patientrenter
Participant[quote=desmond]…everybody who bought in the last 2 or so years is 20-30% on the upside.[/quote]
Only because of govt money (i.e. money that will be taken from savers and future taxpayers) propping up home prices in CA. There’s nothing natural about it. If the govt decided to pay $1000 a ton for horse manure, then that’s what it would be ‘worth’.
March 9, 2010 at 6:34 PM #523723Participant[quote=desmond]…everybody who bought in the last 2 or so years is 20-30% on the upside.[/quote]
Only because of govt money (i.e. money that will be taken from savers and future taxpayers) propping up home prices in CA. There’s nothing natural about it. If the govt decided to pay $1000 a ton for horse manure, then that’s what it would be ‘worth’.
March 9, 2010 at 6:34 PM #524164Participant[quote=desmond]…everybody who bought in the last 2 or so years is 20-30% on the upside.[/quote]
Only because of govt money (i.e. money that will be taken from savers and future taxpayers) propping up home prices in CA. There’s nothing natural about it. If the govt decided to pay $1000 a ton for horse manure, then that’s what it would be ‘worth’.
March 9, 2010 at 6:34 PM #524260Participant[quote=desmond]…everybody who bought in the last 2 or so years is 20-30% on the upside.[/quote]
Only because of govt money (i.e. money that will be taken from savers and future taxpayers) propping up home prices in CA. There’s nothing natural about it. If the govt decided to pay $1000 a ton for horse manure, then that’s what it would be ‘worth’.
March 9, 2010 at 6:34 PM #524517Participant[quote=desmond]…everybody who bought in the last 2 or so years is 20-30% on the upside.[/quote]
Only because of govt money (i.e. money that will be taken from savers and future taxpayers) propping up home prices in CA. There’s nothing natural about it. If the govt decided to pay $1000 a ton for horse manure, then that’s what it would be ‘worth’.
March 9, 2010 at 6:49 PM #523596danielwis
Participant[quote=patientrenter][quote=desmond]…everybody who bought in the last 2 or so years is 20-30% on the upside.[/quote]
Only because of govt money (i.e. money that will be taken from savers and future taxpayers) propping up home prices in CA. There’s nothing natural about it. If the govt decided to pay $1000 a ton for horse manure, then that’s what it would be ‘worth’.[/quote]
When California hits rock bottom, the future will be bright (duh…). Give it a few years yet, IMO. I would be surprised if recent real estate gains hold up over the next few years. I could be wrong.
March 9, 2010 at 6:49 PM #523733Participant[quote=patientrenter][quote=desmond]…everybody who bought in the last 2 or so years is 20-30% on the upside.[/quote]
Only because of govt money (i.e. money that will be taken from savers and future taxpayers) propping up home prices in CA. There’s nothing natural about it. If the govt decided to pay $1000 a ton for horse manure, then that’s what it would be ‘worth’.[/quote]
When California hits rock bottom, the future will be bright (duh…). Give it a few years yet, IMO. I would be surprised if recent real estate gains hold up over the next few years. I could be wrong.
March 9, 2010 at 6:49 PM #524174Participant[quote=patientrenter][quote=desmond]…everybody who bought in the last 2 or so years is 20-30% on the upside.[/quote]
Only because of govt money (i.e. money that will be taken from savers and future taxpayers) propping up home prices in CA. There’s nothing natural about it. If the govt decided to pay $1000 a ton for horse manure, then that’s what it would be ‘worth’.[/quote]
When California hits rock bottom, the future will be bright (duh…). Give it a few years yet, IMO. I would be surprised if recent real estate gains hold up over the next few years. I could be wrong.
March 9, 2010 at 6:49 PM #524270Participant[quote=patientrenter][quote=desmond]…everybody who bought in the last 2 or so years is 20-30% on the upside.[/quote]
Only because of govt money (i.e. money that will be taken from savers and future taxpayers) propping up home prices in CA. There’s nothing natural about it. If the govt decided to pay $1000 a ton for horse manure, then that’s what it would be ‘worth’.[/quote]
When California hits rock bottom, the future will be bright (duh…). Give it a few years yet, IMO. I would be surprised if recent real estate gains hold up over the next few years. I could be wrong.
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