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During traffic hours, MM Blvd. would just be as bad as the 56. Luckily, like flu, I go against traffic both ways from MM to RB. It takes me 15-20 minutes, depending on how many lights I hit. Luckily, people going the other way keep the lights green for me most of the time. Without traffic and hitting a few lights, going from one end of MM to another would take you about 10-15 minutes, but during traffic time, my guess would be closer to 20-30 minutes. There are side streets you can go to skip the traffic, but I rather not broadcast it. I don’t want to make people who live on those streets experience anymore traffic than they currently do from people who found the side streets themselves :-).

[an]

I hope this goes through. In 10 years, a lot of nice 90s sport car will be able to qualify. I wonder how this would work for cars that doesn’t pass the visual inspection (i.e. engine swap and turbo kit).

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[quote=SD Realtor]It sounds like it is a moot point applejack. If the seller is dug in and if they have a backup then they are going to most likely dig in. If they are smart they will inform the backup offer about the appraisal so that they don’t run into the same issue. [/quote]I totally agree. If the property went pending in a few days and they have plenty of back up offer, then you have to roll the the dice and be willing to walk. You don’t know about the other offers. It’s possible that one or more of the backup offer have the appraisal contingency removed.

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[quote=flu][quote=flyer]ahh–skiing and snowboarding–+1–way more fun than golf:)[/quote]

Autocrossing and HPDE event > skiing and snowboarding[/quote]
I did autoX, HPDE and Snowboarding and they’re equally fun :-).

[an]

[quote=scaredyclassic]Here’s a much more manly sport involving moving an object a long distance. Low water requirement.

Olympic hammer throw.

Awesome to watch…

Imagine a nation where men could routinely do the hammer throw …. we would be feared around the globe[/quote]
I’ll throw out my back before I can throw a hammer LoL.

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[quote=flu]You do realize golfing is very popular among ivy league graduates… :)[/quote]If you want to run in the Ivy league circle, you better love to golf 🙂

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[quote=scaredyclassic]studies show happiness only rises with income to a certain point.

I wonder about a feeling of security though. I wonder if trust fund kids in general feel more secure of their place in the world, and if so, whether that generally turns out to be a good or bad thing, longterm..[/quote]
Exactly, to a certain point and that point is very different from person to person.

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[quote=bearishgurl]Um … AN, I don’t see any of the above happening in the forseeable or unforseeable future. So, you probably should plan on keeping any real property you happen to own in MM for the rest of your life and let your “heirs” figure out what to do with it.[/quote]Never say never. Bubble have happened in the past and it’ll happen again. When and how big, who knows. But I’m keeping everything on the table and make my decisions based on the current data. If I never see that price, that’s perfectly fine by me. I won’t lose any sleep. I bought these properties with plans to pass it on to them anyways, so selling would actually be a change in my plan, not the other way around.

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[quote=flu]Ill be too old enough to care next time. I intend to enjoy things while I’m still young(er), though 40ish is pretty old these days.[/quote]I’ll never be too old to care.

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[quote=The-Shoveler] If your going to sell and be done with a property I think that is fine. But IMO it is very unlikely we would see the kind of decline that would make it worth it to sell and try to buy again just for the profit.

That was a once in a life time (thank goodness).

anyway IMO.[/quote]It all depends on how high it does and how quick it gets there. My crystal ball is broken, which is why I’m leaving all potential response on the table. If we see 2005-6 inflation (3-5%) adjusted price soon, then hell yeah I’ll sell, I might even sell my primary. Key word is it has to be inflation adjusted from 2005-6 price, not the 2005-6 nominal price. Which mean, your average 1/1 condo in MM would be $350-400k, your average 2/2 condo in MM would be $500-550k, your small 3/2-4/2 in MM would be $850-900k, the larger house in MM would be $1.05-1.1M, etc.

[an]

[quote=flyer]
Since you asked, personally, we attribute the genesis of whatever successes we have achieved to our parents and grandparents. They were/are very smart, savvy people, and they planted the seeds from which most things in our lives have grown.

They gave us a strong foundation, but it was all up to us to make it or break it from there. As was mentioned, some squander these type of opportunities, but we have tried not to make those type of mistakes, and our kids have followed suit.[/quote]This confirms my belief that wealth takes generations to build. Unless you’re lucky and hit a “lottery” (genetic, state, IPO, etc), a lot of time, it just takes a lot of time, a lot of little luck (being in the right place at the right time and have the guts to take advantage of the situation), frugality, etc. As I said, the first $1M is the hardest to get, so if you get to pass on to your next generation that $1M, then they have the hardest part cleared for them.

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[quote=FlyerInHi]What did you do so right in your life to have everything work out your way? Slam dunk career, money, smart successful wife, great family, good health, intelligent kids…. I hate you because you’re beautiful![/quote]Why hate? I’m happy for him. Some people are born with more luck than others. You being born in America mean you are more lucky than 99% of the world population.

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[quote=FlyerInHi]I’ve seen trust fund kids piss it all away. Not a sure thing.[/quote]Yes, and they’re the ones with < 1/2 a brain.

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[quote=flu]So I guess the lesson to learn here is that, if you want your kids to make $10million, give them $9.8million to start out with.

Looks like i better get busy.[/quote]We all know the 1st million is the hardest to get. If you give them their 1st million, the rest should be pretty straight forward, assuming they have 1/2 a brain.

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[quote=flu]But flyer’s right. It’s probably harder to get in than being able to afford to pay for it.And by “ivy”.. I don’t mean just “ivy”. I mean any elite school public or private (MIT/Stanford/Berkeley,etc) [/quote]Well, it’s really not that hard to get in if you have the cash. The one question I still remember in my Stanford application… I’m paraphrasing but it goes something like “Is your family name on any building”. In another word, are you filthy rich. If you are, I’m sure you’re “in the club”.

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