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barnaby33ParticipantBoy, there sure are alot of 6 figure incomes on this thread, are you sure you’re all putting the decimal point in the right place?
Josh
August 24, 2006 at 5:26 PM in reply to: 1 year ago — “Real estate guru: Local housing market stable” #33080
barnaby33ParticipantAre you suggesting Alan Gin is a sane voice? I do not agree with the harshness of the tone of some of the comments in the previous thread, but Mr Gin is hardly a sane voice. Being 80% of the booster of some of these quacks still puts you firmly in booster territory.
Josh
barnaby33Participant1)Rent
2)Never Owned
3)N/A
4)Billboard on balboa ave saying “Stress-less mortgages, call Troy!” The guy was a used car salesman hocking mortagages. I knew something had to be wrong.
5)I would buy in several of my former neighborhoods
6)N/A
7)I am the poster child for priced out. Lived in SD most of my life, graduated from CSUSM in 98. By the time I saved 10k prices were out of control. I could buy now, but no thanks. 1999/2000 per square foot prices and I would buy. San Diego is my home, but if my choices are Escondido, El Cajon/Santee, or South Bay I would just as soon leave.Josh
August 24, 2006 at 8:22 AM in reply to: I think we’re past the point of treating Permabulls with Kid Gloves #32975
barnaby33ParticipantThats not true either. In 93-97 you could be honest and sell. The problem is nobody was buying. Honesty is a tough row to hoe. I learned that from my dad; who was among other things an RE broker and a used car salesman! Its not easy. You will make enemies, but you’ll also get loyal customers. If you can survive long enough.
Josh
barnaby33ParticipantRecently I would agree with you more and more Perry. It seems in the last year CL has become infected with RE agents spamming their properties. Prior to that there were mostly individual sellars. Of course that could also be symptomatic of a year ago when owners didn’t need an agent to sell.
JoshAugust 23, 2006 at 7:04 PM in reply to: It’s official: NBC Nightly News trumpets the slowdown #32905
barnaby33Participant5 minutes is pretty big for the nightly news. Between 1/4 and 1/3 of a newscast. Did they do any predictive analysis? Did they put an RE shill on to refute/soften what is happening?
Josh
barnaby33ParticipantI hate to say it but you sound like a troll. Bubble primer be damned buy the house in Escondido. Its hardly a place people WANT to live. You’re gonna find that out the hard way. Good luck Dave.
Josh
barnaby33ParticipantHey JES, I liked your call for some statistics. The problem is there really aren’t many. Each side has anecdotal evidence to support its case, neither has hard facts. This stems from the very nature of what is attempting to be studied. An undocumented group of people. People who for the most part, want to remain invisible (by necessity.)
Its very hard to have a discussion about immigration without someone throwing out the race card. I see Diego was first to do it. These threads really aren’t the place for this type of discussion its to heated. Even if this is not in the housing area the anonymity and nature of the topic almost always lead to a flame war.
Josh
August 22, 2006 at 9:11 PM in reply to: Looking for honest suggestions and strategies for selling a condo in this tough market #32770
barnaby33ParticipantThis is private, just you and two thousand or so of your closest confidants, honest.
Josh
barnaby33ParticipantAgain, that seems like a hefty price to pay, but then again I am no expert. I have an 01 4Runner I bought from a friend. Somehow I don’t think the Ferrari spyder I want is going to come down to my range.
Josh
barnaby33ParticipantNo, because its typical. Now if he had been a one-armed Lithuanian midget, that would be intesting. I will say its somewhat evidentiary of what we suspect is happening. Lots of people in the mortgage/RE sales industries are turning loose of their fancy toys. 47k for a 4 year old BMW doesn’t seem like a good price at all. Most vehicles loose 50% after 5 years.
If you are waiting till the prices on those sorts of luxury items comes down, now isn’t the time to bite, in my opinion.
Josh
barnaby33ParticipantAs long as you wiped up the blood. Sheeps blood on granite is just so tacky.
Josh
barnaby33ParticipantRegardless of the percentage of the coming drop, we are just at its beginning. No matter how good a deal you strike, you just pretty much set the roof for comparable pricing for a while. We have a few years to go for catching the falling knife is worth the risk.
As to what you are buying, condo conversions are old. They are mostly apts that will need much more maintenance over the years than comparable new construction. Are you buying into a community that will be willing/able to do that work?
Josh
barnaby33ParticipantYou can’t read piggington if you’re from LA, go get your own bubble blog!
Josh
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