Forum Replies Created
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4plexowner
Participant“Aren’t there more people who are losing their house(in Sandiego), and HAVE to rent because they now can’t qualify/afford a new house then are people who are moving from renters to owners?”
every house that is ‘lost’ becomes one more vacant house to be sold or rented
there could be a time lag between the ‘loss’ and the property becoming a rental (foreclosure / REO process)
as stated by another poster, when the economy contracts people move back in with their family, the kids don’t move out, people double up in apartments, etc – ie, population per housing unit increases – this means fewer housing units are needed which means more surplus housing units which means rents and housing prices continue in their downward spiral
Participant“Aren’t there more people who are losing their house(in Sandiego), and HAVE to rent because they now can’t qualify/afford a new house then are people who are moving from renters to owners?”
every house that is ‘lost’ becomes one more vacant house to be sold or rented
there could be a time lag between the ‘loss’ and the property becoming a rental (foreclosure / REO process)
as stated by another poster, when the economy contracts people move back in with their family, the kids don’t move out, people double up in apartments, etc – ie, population per housing unit increases – this means fewer housing units are needed which means more surplus housing units which means rents and housing prices continue in their downward spiral
Participant“Aren’t there more people who are losing their house(in Sandiego), and HAVE to rent because they now can’t qualify/afford a new house then are people who are moving from renters to owners?”
every house that is ‘lost’ becomes one more vacant house to be sold or rented
there could be a time lag between the ‘loss’ and the property becoming a rental (foreclosure / REO process)
as stated by another poster, when the economy contracts people move back in with their family, the kids don’t move out, people double up in apartments, etc – ie, population per housing unit increases – this means fewer housing units are needed which means more surplus housing units which means rents and housing prices continue in their downward spiral
Participant“Aren’t there more people who are losing their house(in Sandiego), and HAVE to rent because they now can’t qualify/afford a new house then are people who are moving from renters to owners?”
every house that is ‘lost’ becomes one more vacant house to be sold or rented
there could be a time lag between the ‘loss’ and the property becoming a rental (foreclosure / REO process)
as stated by another poster, when the economy contracts people move back in with their family, the kids don’t move out, people double up in apartments, etc – ie, population per housing unit increases – this means fewer housing units are needed which means more surplus housing units which means rents and housing prices continue in their downward spiral
Participantquickest check of moving in vs moving out IMO is www. uhaul.com
10′ truck from san diego to dallas is $1102
same truck from dallas to san diego is $595
when people are coming to san diego instead of leaving, this ratio of prices will change
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last time I mentioned this quick check at least one poster said I was full of poo-poo
note to that poster: prices have continued to drop and people continue to leave san diego faster than they are moving in
Participantquickest check of moving in vs moving out IMO is www. uhaul.com
10′ truck from san diego to dallas is $1102
same truck from dallas to san diego is $595
when people are coming to san diego instead of leaving, this ratio of prices will change
~
last time I mentioned this quick check at least one poster said I was full of poo-poo
note to that poster: prices have continued to drop and people continue to leave san diego faster than they are moving in
Participantquickest check of moving in vs moving out IMO is www. uhaul.com
10′ truck from san diego to dallas is $1102
same truck from dallas to san diego is $595
when people are coming to san diego instead of leaving, this ratio of prices will change
~
last time I mentioned this quick check at least one poster said I was full of poo-poo
note to that poster: prices have continued to drop and people continue to leave san diego faster than they are moving in
Participantquickest check of moving in vs moving out IMO is www. uhaul.com
10′ truck from san diego to dallas is $1102
same truck from dallas to san diego is $595
when people are coming to san diego instead of leaving, this ratio of prices will change
~
last time I mentioned this quick check at least one poster said I was full of poo-poo
note to that poster: prices have continued to drop and people continue to leave san diego faster than they are moving in
Participantquickest check of moving in vs moving out IMO is www. uhaul.com
10′ truck from san diego to dallas is $1102
same truck from dallas to san diego is $595
when people are coming to san diego instead of leaving, this ratio of prices will change
~
last time I mentioned this quick check at least one poster said I was full of poo-poo
note to that poster: prices have continued to drop and people continue to leave san diego faster than they are moving in
Participantit’s friday after the close and we have …
ta da: bank closing 15 and 16 for 2009
http://www.calculatedriskblog.com/2009/02/bank-failure-15-in-2009-heritage.html
http://www.calculatedriskblog.com/2009/02/bank-failure-16-in-2009-security.htmlnothing to worry about, right ljdave?
Participantit’s friday after the close and we have …
ta da: bank closing 15 and 16 for 2009
http://www.calculatedriskblog.com/2009/02/bank-failure-15-in-2009-heritage.html
http://www.calculatedriskblog.com/2009/02/bank-failure-16-in-2009-security.htmlnothing to worry about, right ljdave?
Participantit’s friday after the close and we have …
ta da: bank closing 15 and 16 for 2009
http://www.calculatedriskblog.com/2009/02/bank-failure-15-in-2009-heritage.html
http://www.calculatedriskblog.com/2009/02/bank-failure-16-in-2009-security.htmlnothing to worry about, right ljdave?
Participantit’s friday after the close and we have …
ta da: bank closing 15 and 16 for 2009
http://www.calculatedriskblog.com/2009/02/bank-failure-15-in-2009-heritage.html
http://www.calculatedriskblog.com/2009/02/bank-failure-16-in-2009-security.htmlnothing to worry about, right ljdave?
Participantit’s friday after the close and we have …
ta da: bank closing 15 and 16 for 2009
http://www.calculatedriskblog.com/2009/02/bank-failure-15-in-2009-heritage.html
http://www.calculatedriskblog.com/2009/02/bank-failure-16-in-2009-security.htmlnothing to worry about, right ljdave?
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