[an]

[quote=CA renter]Taxpayers back an awful lot of things like Social Security, Medicare, FDIC, PBGC, Fannie Mae/Freddie Mac, FHA, some student loans, USDA loans, and all the associated “investors” of govt-backed debt, etc. Taxpayers pay for wars that disproportionately benefit certain corporations/industries, pay for infrastructure that often serves only a tiny portion of the population, pay for “welfare” that only a small portion of the population directly benefit from, etc. The taxpayers have also backed many corporations/entities that would have otherwise gone bankrupt, and have directly and indirectly paid for the egregious compensation packages “earned” by the top execs of those companies who led them down the sinkhole.

We taxpayers have an awful lot to complain about, and the compensation of hard-working cops, firefighters, teachers, etc. should be at the bottom of the list. Those are some of the very few people who actually *work for and earn* what they get from the government.[/quote]
In that case, can we add 401k to the list? Since the rest of us in the private sector also work for it too. If you’re going to bring up SS, then I’d gladly give up SS if I can get my 401k back stopped by the tax payer (i.e. convert my 401k into pension, give me the same % of my final pay for retirement and give me a modest 2.5% yearly inflation adjustment).

[an]

[quote=flu][quote=John Ogre]The funny thing about facebook is that there’s a good chance that Eduardo Saverin will have to pay more taxes on his stock by renouncing his citizenship than if he stayed.

He has to pay capital gains on all of his stock on the estimated valuation on the day he renounced his citizenship. The IRS should value it at at least half of the IPO. It’s down 25% already.[/quote]

poetic justice.[/quote]
I doubt it’s lower. The Instagram deal now is only $948M instead of $1B. That deal priced FB at $30.43 in April. This guy renounced his citizenship at least 6 months before IPO. So, my guess is, it’s well below $30. Now, if FB drops to $10, then it might be poetic justice.

[an]

[quote=flu][quote=AN][quote=flu]Do you have details on Stone Creek an the new development on New Salem? Kinda want to get some more info out…Check out the surrounding area…You know. In case there’s a fixer upper… :)[/quote]
Here’s the Mira Mesa’s Planning Group’s website: http://www.miramesatowncouncil.org/planning_group.htm

Here’s Stone Creek’s proposal in 2006: http://www.miramesatowncouncil.org/doc/Stone%20Creek%20Subcommittee%2020061023.pdf

Here’s Stone Creek’s 2007 updated proposal:
http://www.miramesatowncouncil.org/doc/Stone%20Creek%20Subcommittee%2020070917.pdf

Here’s some info about the park I’m referring to:
http://www.sandiego.gov/citycouncil/cd5/pdf/news/2011/111110mmpark.pdf%5B/quote%5D

Thank you Batman…

Signed Robin.[/quote]
Here’s the latest on Stone Creek: Linky. I like the fact that they wont allow any residential to be built until they complete Carroll Canyon. That will definitely reduce traffic on Mira Mesa and Miramar.

[an]

[quote=sdrealtor]FWIW the community feeling he described is exactly the same in the neighborhood adjacent to where he used to live. He just couldnt get a brand new house and move in the same time as all his neighbors. There is defintely something to said for that as that is what we did. The only problem is 10 years later many of the neighbors we loved are gone. Replaced by nice new ones but not the same as when I first got here and I suspect he will experience that also soon enough.

And the API scores at the school his kids would have went to were 961 last year:)

To each his own…[/quote]
I can see this happening to Del Sur as well. I think that’s just a natural progression of all new development.

The problem I see with Del Sur is, the street is so small. When that area mature and the kids start to drive, the development with no drive way will be clogged with cars and it’ll be very annoying to get in and out. You can kinda see that happening now in the area of Del Sur that was built a few years back.

[an]

[quote=sdrealtor]Why did only 218 students take the test at Del Sur. Is the school that small?[/quote]
Interesting observation. The school itself is HUGE. I wonder if most of the classrooms are empty…

[an]

hmmm… Del Sur Elementary 2010 API score is 954. 2009, it was 902. I’m not sure where you get 974 from. Here’s where I get my data: Linky

[an]

Totally agree with SDR and NSR. I have no problem with anyone retiring early. I myself are planning on retiring before I’m 60 too. So, no, no one should be forced to work past any age. My biggest bone, like SDR and NSR stated is the tax payer backstopping pension. I’d say, convert pension to 401k, and if people start leaving because the pay is too low, then increase the pay to the point where people would stay.

[an]

[quote=sdrealtor]Getting new construction typically comes at around a 10% premium (pricewise) to other similar sized properties in an area. The fees are usually higher too as development gets more expensive each year as the GOV needs to dip further into buyers pockets to pay for…..well you know…[/quote]
I can agree with 10% premium. But $200k = 45% premium. That’s before counting the HOA and MR. That’s a HUGE premium. Yet, obviously, there are people who wants it and would be willing to pay for it.

[an]

[quote=pjwal]The Del Sur Elementary (walking distance for all children) now ranks in the top 10 of all API scores in California after only 2 years of opening.[/quote]
Really? Did a quick search and Del Sur Elementary API score is 944. In San Diego alone, here are some elementary schools that score higher than 944:

Curie Elementary
Torrey Hills
Sage Canyon
Solana Pacific Elementary
Sycamore Ridge
Ashley Falls Elementary
Carmel Creek Elementary
Deer Canyon Elementary
Adobe Bluffs Elementary
Creekside Elementary

There a many more, but these are just the first 10 I run across. So, how can Del Sur Elementary be in the top 10 of all CA when it’s not even the top 10 in San Diego?

I agree about the fact there are a lot of young family there. I know someone who live there and on their street alone, there’s at least 3-4 new borns in the last few months.

[an]

[quote=ocrenter]not just $50 to $70k. factor in the $200/month MR and $180/month HOA, now we are looking at $80k in purchase power. although individual payoff of MR shouldn’t be that much…that should help.

what’s the average lot size?[/quote]
I understand about the extra cost of MR and HOA. That would just make the comparison even more lop sided and make this new development even more overpriced IMHO.

The average lot is tiny. I think it’s around 4200 sq-ft IIRC. Lot size are similar to this development about 2-3 blocks east: http://www.redfin.com/CA/San-Diego/11361-Dennig-Pl-92126/home/4562629. I personally wouldn’t even compare this new development to the SFR in 92121 because of the lot size. They’re more like the house I just posted. So, in essence, they’re about $200k above these houses. $200k can give you one kick ass remodel.

[an]

[quote=bearishgurl]AN, do you think hanging out on the streets of San Diego County (or its fwys) are more “fun” than what you, as a “white collar” worker are doing everyday?

IIRC, jimmyle’s neighbor is living close to the SD substation where EVERY SD street cop begins his/her “lofty” career:

http://maps.google.com/maps?f=q&source=s_q&hl=en&geocode=&q=7222+Skyline+Drive+San+Diego,+CA+92114&aq=&sll=32.745917,-117.101847&sspn=0.008013,0.01354&ie=UTF8&hq=&hnear=7222+Skyline+Dr,+San+Diego,+California+92114&z=16

Drive to SE Division Stn. Park in the parking lot. Lock your “luxury” car. Start walking eastbound. Get to know the folks out there. And … have a nice life![/quote]
What does my choice any anything to do with the argument? By that logic, since you’re not a cop, your words are meaningless too.

Your memory is failing you. jimmyle’s neighbor is living FAR FAR away from that point in the map you linked.

Why don’t you drive to this police station, lock your luxury car and start walking eastbound. Get to know the folks out there and … you might be freakin’ terrified!!!

[an]

Now, there are these lists: http://money.howstuffworks.com/10-most-dangerous-jobs-in-america.htm, http://www.boston.com/jobs/galleries/most_dangerous_jobs/, http://economix.blogs.nytimes.com/2010/08/20/the-most-dangerous-jobs-in-america/ and http://www.cnbc.com/id/44344096/Most_Dangerous_Jobs_2011. BG, tell me what number is Police Officer?

[an]

Here ya go BG. America’s top 10 most dangerous jobs: http://money.cnn.com/galleries/2011/pf/jobs/1108/gallery.dangerous_jobs/11.html. Tell me, where does Police Officer comes out comparing to the others? Then tell me, what are their median wage compare to those jobs that are more dangerous?

[an]

[quote=sdrealtor]My prediction was a list price of $350K and selling in 30 days or less. It is actually priced at $394,000 and depending upon how greedy they are it could take a little longer to sell.[/quote]
My prediction is they’ll get their asking price of $394k w/in 30 days.

[an]

[quote=SK in CV]Why should they work in 911 centers or schools or in the office if they can afford and prefer being retired? You think they should be forced to work? Should everyone be forced to work until they’re over 60 or just cops and firemen?[/quote]
How many profession in the private sector can afford to retire before 60?

[Author]

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