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balasr
ParticipantWe had the same problem. Of course real estate was only part of the problem, but anyway we chucked North county coastal and moved to the Boston area 2 years back. It’s not as cold as the mid-west, where I have spent some time. But you do get a lot of snow here. Anyway, the schools in many areas are top-notch. The prices are probably about 15-35% lower than encinitas depending on how far away from the city you live – but with top notch schools and not too far from places of work.
ParticipantWe had the same problem. Of course real estate was only part of the problem, but anyway we chucked North county coastal and moved to the Boston area 2 years back. It’s not as cold as the mid-west, where I have spent some time. But you do get a lot of snow here. Anyway, the schools in many areas are top-notch. The prices are probably about 15-35% lower than encinitas depending on how far away from the city you live – but with top notch schools and not too far from places of work.
ParticipantWe had the same problem. Of course real estate was only part of the problem, but anyway we chucked North county coastal and moved to the Boston area 2 years back. It’s not as cold as the mid-west, where I have spent some time. But you do get a lot of snow here. Anyway, the schools in many areas are top-notch. The prices are probably about 15-35% lower than encinitas depending on how far away from the city you live – but with top notch schools and not too far from places of work.
ParticipantWe had the same problem. Of course real estate was only part of the problem, but anyway we chucked North county coastal and moved to the Boston area 2 years back. It’s not as cold as the mid-west, where I have spent some time. But you do get a lot of snow here. Anyway, the schools in many areas are top-notch. The prices are probably about 15-35% lower than encinitas depending on how far away from the city you live – but with top notch schools and not too far from places of work.
ParticipantFrom a guy who rented in Vista for 3 years: If it’s not Shadowridge *West of Melrose* avoid it like the plague. Of course North Vista has some exclusive homes, but they are in the 1 million range. You have to drive through the crappiest parts of Vista to get to the house you indicated.
West of Melrose and Shadowridge in Vista kids go to Lake elementary and Madison, which are pretty good. All other schools pretty much suck in Vista.
San Elijo is getting hit a little hard probably because of all the new developments, and also the lots tend to be a little smaller than Vista. Also more flippers bought into the new developments there. Rancho carillo elementary and San Elijo middle are quite good – much better than the Vista schools.
ParticipantFrom a guy who rented in Vista for 3 years: If it’s not Shadowridge *West of Melrose* avoid it like the plague. Of course North Vista has some exclusive homes, but they are in the 1 million range. You have to drive through the crappiest parts of Vista to get to the house you indicated.
West of Melrose and Shadowridge in Vista kids go to Lake elementary and Madison, which are pretty good. All other schools pretty much suck in Vista.
San Elijo is getting hit a little hard probably because of all the new developments, and also the lots tend to be a little smaller than Vista. Also more flippers bought into the new developments there. Rancho carillo elementary and San Elijo middle are quite good – much better than the Vista schools.
ParticipantFrom a guy who rented in Vista for 3 years: If it’s not Shadowridge *West of Melrose* avoid it like the plague. Of course North Vista has some exclusive homes, but they are in the 1 million range. You have to drive through the crappiest parts of Vista to get to the house you indicated.
West of Melrose and Shadowridge in Vista kids go to Lake elementary and Madison, which are pretty good. All other schools pretty much suck in Vista.
San Elijo is getting hit a little hard probably because of all the new developments, and also the lots tend to be a little smaller than Vista. Also more flippers bought into the new developments there. Rancho carillo elementary and San Elijo middle are quite good – much better than the Vista schools.
ParticipantFrom a guy who rented in Vista for 3 years: If it’s not Shadowridge *West of Melrose* avoid it like the plague. Of course North Vista has some exclusive homes, but they are in the 1 million range. You have to drive through the crappiest parts of Vista to get to the house you indicated.
West of Melrose and Shadowridge in Vista kids go to Lake elementary and Madison, which are pretty good. All other schools pretty much suck in Vista.
San Elijo is getting hit a little hard probably because of all the new developments, and also the lots tend to be a little smaller than Vista. Also more flippers bought into the new developments there. Rancho carillo elementary and San Elijo middle are quite good – much better than the Vista schools.
ParticipantFSD, you said that the return was 7.2% compounded annually. Assuming a nominal 2.5% CPI (actually it was more 10 years back). over the 10 years, the inflation adjusted return would be 4.7%. If you look at Siegels book, “Stocks for the long run”, you’ll see that the long term compound real returns of the stock market have been 6.6%. So, Greenspan was right. The problem is that he didn’t take any action. If he had, we could have averted many bubbles.
ParticipantPerspective from a one time completely legal immigrant (:-)) and now US citizen:
I agree family conditions, etc., seem more crucial in buying a house than a green card. I know many people who bought houses while on a H1-B. The downside of being on a H1-B is that if you are laid-off you got to find a job right then. So some people prefer to wait till they get their green-card to buy a house. The reason being you may have to move to some other state for a job, whereas with a green-card you have the luxury of sticking around longer and trying to find a job in the same location.
As some one else mentioned, this “making everyone current” also happens on a regular basis. It’s nothing new.
As a person who has hired many engineers, US and foreigners, I can say that at least at our company we offer the same kind of initial wages for everyone. The only thing is that we know H1-Bs will stick around longer than Americans due to green-card reasons. Also having a bigger pool of engineers depresses the wages for *everyone*. So the biggies like Microsoft are big time supporters of foreign engineers. Otherwise their costs of hiring will be much higher. Note that for this same reason the IEEE is always clamoring to shut off foreign engineers.
In my experience I have noticed about the same level of talent in both native and foreign engineers. The problem seems more that Americans seem not too much interested in engineering careers.
ParticipantPerspective from a one time completely legal immigrant (:-)) and now US citizen:
I agree family conditions, etc., seem more crucial in buying a house than a green card. I know many people who bought houses while on a H1-B. The downside of being on a H1-B is that if you are laid-off you got to find a job right then. So some people prefer to wait till they get their green-card to buy a house. The reason being you may have to move to some other state for a job, whereas with a green-card you have the luxury of sticking around longer and trying to find a job in the same location.
As some one else mentioned, this “making everyone current” also happens on a regular basis. It’s nothing new.
As a person who has hired many engineers, US and foreigners, I can say that at least at our company we offer the same kind of initial wages for everyone. The only thing is that we know H1-Bs will stick around longer than Americans due to green-card reasons. Also having a bigger pool of engineers depresses the wages for *everyone*. So the biggies like Microsoft are big time supporters of foreign engineers. Otherwise their costs of hiring will be much higher. Note that for this same reason the IEEE is always clamoring to shut off foreign engineers.
In my experience I have noticed about the same level of talent in both native and foreign engineers. The problem seems more that Americans seem not too much interested in engineering careers.
Participantsdrealtor said:
“I like “The Donald” better
BTW You seem a bit bi-polar”
I agree. This is too weird, eh? Maybe it’s powayseller or one of her buddies :-).
Participantsdrealtor said:
“I like “The Donald” better
BTW You seem a bit bi-polar”
I agree. This is too weird, eh? Maybe it’s powayseller or one of her buddies :-).
ParticipantShe is probably thinking ~410K or something like that, especially if recent comps justify it. Remember that you are renting from her and you probably should not piss her off by what she might think is “insulting”.
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