Why I am leaving San Diego

[briansd1]

[quote=jpinpb]
Totally agree. I’m scared this may be the new norm. I fear if the government steps back, things will go down. I think they know this. So they can’t. They will continue to prop things up. I just don’t know how long they can. I mean, sooner or later they may run out of bullets.
[/quote]

I also agree. Eventually, they’ll run out of options. The business cycle will fix some of that. But as long as the politicians continue to mismanage, the country will experience a slow decline relative to the rest of the world.

[quote=jpinpb]
But I agree that were it not for gov intervention, we would be looking at a completely different market
[/quote]

What in life is not “rigged”? Everything is influenced by government. If it weren’t for the government, we would not have had the bubble in the first place.

[quote=jpinpb]
and probably be on our way to a real recovery by now. Dragging out the bottom means dragging out a real recovery, IMO.
[/quote]

True, but strong economic recovery from a very deep bottom is much worse for the people negatively affected than holding steady, at slower growth, near the peak.

[quote=jpinpb]
But I guess they decided to rip the bandaid off real slow.[/quote]

That’s why, after inflation, over time, we’ll end up at the same point. The math is always right.

For example, if growth is 4%/year from a deep bottom (without government intervention), or 2%/year from near the peak (with the bailouts), eventually you get the same results.

In real estate, just be very patient for the right inventory, if you can afford to wait.

[jstoesz]

I am not convinced you will get the same point. Ripping the band aid off quick bankrupts certain companies that are cash poor, while ripping it off real slow bankrupts companies that are unfavored by government policies. In either case we may return to the same GDP level, but more than likely one route will result in a higher GDP.

I and most of you all are of the position that even if it hurts like hell, it is better to rip it off quick. That allows the healthy unleveraged companies to survive on their cash short term and come out with a thinned heard of competition. Long term we will have a healthier more robust economy.
Our current path has resulted in many healthy companies sinking because the recession has lasted so long. We are left with more zombie companies that are subsisting on government cheese. Instead of coming out of the downturn storger, we will be a shadow of our old self.

[jstoesz]

I am not convinced you will get the same point. Ripping the band aid off quick bankrupts certain companies that are cash poor, while ripping it off real slow bankrupts companies that are unfavored by government policies. In either case we may return to the same GDP level, but more than likely one route will result in a higher GDP.

I and most of you all are of the position that even if it hurts like hell, it is better to rip it off quick. That allows the healthy unleveraged companies to survive on their cash short term and come out with a thinned heard of competition. Long term we will have a healthier more robust economy.
Our current path has resulted in many healthy companies sinking because the recession has lasted so long. We are left with more zombie companies that are subsisting on government cheese. Instead of coming out of the downturn storger, we will be a shadow of our old self.

[jstoesz]

I am not convinced you will get the same point. Ripping the band aid off quick bankrupts certain companies that are cash poor, while ripping it off real slow bankrupts companies that are unfavored by government policies. In either case we may return to the same GDP level, but more than likely one route will result in a higher GDP.

I and most of you all are of the position that even if it hurts like hell, it is better to rip it off quick. That allows the healthy unleveraged companies to survive on their cash short term and come out with a thinned heard of competition. Long term we will have a healthier more robust economy.
Our current path has resulted in many healthy companies sinking because the recession has lasted so long. We are left with more zombie companies that are subsisting on government cheese. Instead of coming out of the downturn storger, we will be a shadow of our old self.

[jstoesz]

I am not convinced you will get the same point. Ripping the band aid off quick bankrupts certain companies that are cash poor, while ripping it off real slow bankrupts companies that are unfavored by government policies. In either case we may return to the same GDP level, but more than likely one route will result in a higher GDP.

I and most of you all are of the position that even if it hurts like hell, it is better to rip it off quick. That allows the healthy unleveraged companies to survive on their cash short term and come out with a thinned heard of competition. Long term we will have a healthier more robust economy.
Our current path has resulted in many healthy companies sinking because the recession has lasted so long. We are left with more zombie companies that are subsisting on government cheese. Instead of coming out of the downturn storger, we will be a shadow of our old self.

[jstoesz]

I am not convinced you will get the same point. Ripping the band aid off quick bankrupts certain companies that are cash poor, while ripping it off real slow bankrupts companies that are unfavored by government policies. In either case we may return to the same GDP level, but more than likely one route will result in a higher GDP.

I and most of you all are of the position that even if it hurts like hell, it is better to rip it off quick. That allows the healthy unleveraged companies to survive on their cash short term and come out with a thinned heard of competition. Long term we will have a healthier more robust economy.
Our current path has resulted in many healthy companies sinking because the recession has lasted so long. We are left with more zombie companies that are subsisting on government cheese. Instead of coming out of the downturn storger, we will be a shadow of our old self.

[Coronita]

[quote=bearishgurl][quote=jstoesz]Not that I am buying in Placerville, but this home is so cool. On some level, I love garish 60’s homes. The more over the top, the better!

http://www.redfin.com/CA/Placerville/880-Hidden-Way-95667/home/22363405
[/quote]

Wow, now that’s a lot of bang for the buck, jstoesz!! Maybe you SHOULD consider making an offer on it. Better see how your day-to-day commute pans out to/from East Sac first . . . lol!

I don’t think it’s garish. Luv all the picture windows and stone kitchen hearth. The accoustical ceiling with the dark beams is a little much, but this can be fixed. As can the few remaining aluminum sliders. And it’s downtown, to boot. Wonder if it’s walking distance to the locomotives and antique shops (similar to dtn La Mesa?? . . . lol!)

There’s more room there then you’ll probably ever need for a price you could never touch on the coast. And design galore to boot!!!

Have fun in Placerville, jstoesz! It’s truly a “different world” up there!![/quote]

I wouldn’t. you’re not planning to stay there a long time, you might not be able to rent it out with a + cash flow….Also, you have the significant other “factor” to consider since the decision most likely isn’t going to be exclusively yours.

[Coronita]

[quote=bearishgurl][quote=jstoesz]Not that I am buying in Placerville, but this home is so cool. On some level, I love garish 60’s homes. The more over the top, the better!

http://www.redfin.com/CA/Placerville/880-Hidden-Way-95667/home/22363405
[/quote]

Wow, now that’s a lot of bang for the buck, jstoesz!! Maybe you SHOULD consider making an offer on it. Better see how your day-to-day commute pans out to/from East Sac first . . . lol!

I don’t think it’s garish. Luv all the picture windows and stone kitchen hearth. The accoustical ceiling with the dark beams is a little much, but this can be fixed. As can the few remaining aluminum sliders. And it’s downtown, to boot. Wonder if it’s walking distance to the locomotives and antique shops (similar to dtn La Mesa?? . . . lol!)

There’s more room there then you’ll probably ever need for a price you could never touch on the coast. And design galore to boot!!!

Have fun in Placerville, jstoesz! It’s truly a “different world” up there!![/quote]

I wouldn’t. you’re not planning to stay there a long time, you might not be able to rent it out with a + cash flow….Also, you have the significant other “factor” to consider since the decision most likely isn’t going to be exclusively yours.

[Coronita]

[quote=bearishgurl][quote=jstoesz]Not that I am buying in Placerville, but this home is so cool. On some level, I love garish 60’s homes. The more over the top, the better!

http://www.redfin.com/CA/Placerville/880-Hidden-Way-95667/home/22363405
[/quote]

Wow, now that’s a lot of bang for the buck, jstoesz!! Maybe you SHOULD consider making an offer on it. Better see how your day-to-day commute pans out to/from East Sac first . . . lol!

I don’t think it’s garish. Luv all the picture windows and stone kitchen hearth. The accoustical ceiling with the dark beams is a little much, but this can be fixed. As can the few remaining aluminum sliders. And it’s downtown, to boot. Wonder if it’s walking distance to the locomotives and antique shops (similar to dtn La Mesa?? . . . lol!)

There’s more room there then you’ll probably ever need for a price you could never touch on the coast. And design galore to boot!!!

Have fun in Placerville, jstoesz! It’s truly a “different world” up there!![/quote]

I wouldn’t. you’re not planning to stay there a long time, you might not be able to rent it out with a + cash flow….Also, you have the significant other “factor” to consider since the decision most likely isn’t going to be exclusively yours.

[Coronita]

[quote=bearishgurl][quote=jstoesz]Not that I am buying in Placerville, but this home is so cool. On some level, I love garish 60’s homes. The more over the top, the better!

http://www.redfin.com/CA/Placerville/880-Hidden-Way-95667/home/22363405
[/quote]

Wow, now that’s a lot of bang for the buck, jstoesz!! Maybe you SHOULD consider making an offer on it. Better see how your day-to-day commute pans out to/from East Sac first . . . lol!

I don’t think it’s garish. Luv all the picture windows and stone kitchen hearth. The accoustical ceiling with the dark beams is a little much, but this can be fixed. As can the few remaining aluminum sliders. And it’s downtown, to boot. Wonder if it’s walking distance to the locomotives and antique shops (similar to dtn La Mesa?? . . . lol!)

There’s more room there then you’ll probably ever need for a price you could never touch on the coast. And design galore to boot!!!

Have fun in Placerville, jstoesz! It’s truly a “different world” up there!![/quote]

I wouldn’t. you’re not planning to stay there a long time, you might not be able to rent it out with a + cash flow….Also, you have the significant other “factor” to consider since the decision most likely isn’t going to be exclusively yours.

[Coronita]

[quote=bearishgurl][quote=jstoesz]Not that I am buying in Placerville, but this home is so cool. On some level, I love garish 60’s homes. The more over the top, the better!

http://www.redfin.com/CA/Placerville/880-Hidden-Way-95667/home/22363405
[/quote]

Wow, now that’s a lot of bang for the buck, jstoesz!! Maybe you SHOULD consider making an offer on it. Better see how your day-to-day commute pans out to/from East Sac first . . . lol!

I don’t think it’s garish. Luv all the picture windows and stone kitchen hearth. The accoustical ceiling with the dark beams is a little much, but this can be fixed. As can the few remaining aluminum sliders. And it’s downtown, to boot. Wonder if it’s walking distance to the locomotives and antique shops (similar to dtn La Mesa?? . . . lol!)

There’s more room there then you’ll probably ever need for a price you could never touch on the coast. And design galore to boot!!!

Have fun in Placerville, jstoesz! It’s truly a “different world” up there!![/quote]

I wouldn’t. you’re not planning to stay there a long time, you might not be able to rent it out with a + cash flow….Also, you have the significant other “factor” to consider since the decision most likely isn’t going to be exclusively yours.

[briansd1]

In many ways, I agree with you, jstoesz.

We are going down the road of Japan. It’s less painful in the short term.

[briansd1]

In many ways, I agree with you, jstoesz.

We are going down the road of Japan. It’s less painful in the short term.

[briansd1]

In many ways, I agree with you, jstoesz.

We are going down the road of Japan. It’s less painful in the short term.

[briansd1]

In many ways, I agree with you, jstoesz.

We are going down the road of Japan. It’s less painful in the short term.

[Author]

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