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Borat
ParticipantAnyone who thinks the ultra-rich are dying to live in San Diego hasn’t spent much time in the places where the ultra-rich live. San Diego is really nice if you come from Nebraska. Not so nice if you come from Italy or the South of France or parts of NZ or British Columbia. I like it here but give me a break, it’s not St. Moritz.
ParticipantHuh-huh. You said “Gaylord”. Huh-huh.
ParticipantHuh-huh. You said “Gaylord”. Huh-huh.
ParticipantThese boards are a total waste of time. No one will ever change their mind because of anything you write here. Give it up. Stop. Go outside and talk to people. Vote. See the movie and decide for yourself.
ParticipantThese boards are a total waste of time. No one will ever change their mind because of anything you write here. Give it up. Stop. Go outside and talk to people. Vote. See the movie and decide for yourself.
ParticipantSux to be you.
ParticipantSux to be you.
ParticipantIn the future Temecula homes will be $200K but SD homes will still cost $600K. SD prices will never go down because everyone wants to live in a $600K 1000sf house next to a rent shack full of unemployed tweakers in North Park and no one wants to live in a 3000sf house near schools and big box stores.
ParticipantIn the future Temecula homes will be $200K but SD homes will still cost $600K. SD prices will never go down because everyone wants to live in a $600K 1000sf house next to a rent shack full of unemployed tweakers in North Park and no one wants to live in a 3000sf house near schools and big box stores.
ParticipantHa ha ha ha, I love it, everyone is to blame except ourselves. The american way indeed!
ParticipantHa ha ha ha, I love it, everyone is to blame except ourselves. The american way indeed!
ParticipantWe make combined $500K/yr. We save 99% of our income by living on ramen noodles and driving old cars. I have a 95 corolla — anyone who drives anything nicer or newer than me is a stupid spendthrift. We rent a 1/1 in the Somali ghetto area of East SD for $500/mo. Anyone who lives anywhere nicer is a stupid spendthrift. We send our kids to a private school in La Jolla for $30K/year because SD schools are crap and anyone who sends their kids to them is stupid. We have $10M in savings and growing. SD housing is so overpriced. When it crashes we are gonna buy it all.
ParticipantWe make combined $500K/yr. We save 99% of our income by living on ramen noodles and driving old cars. I have a 95 corolla — anyone who drives anything nicer or newer than me is a stupid spendthrift. We rent a 1/1 in the Somali ghetto area of East SD for $500/mo. Anyone who lives anywhere nicer is a stupid spendthrift. We send our kids to a private school in La Jolla for $30K/year because SD schools are crap and anyone who sends their kids to them is stupid. We have $10M in savings and growing. SD housing is so overpriced. When it crashes we are gonna buy it all.
ParticipantThis has been discussed 100 times on this board. The US has no choice but to borrow money from overseas to finance its monstrous account deficit. If the yields don’t compensate for inflation, no one will buy the paper. If China, Japan et al start to take their money elsewhere, the rates MUST go up to bring the buyers back or the US govt goes bankrupt in a couple of days. It is that serious, no fooling. There is no money left in the federal kitty and the foreign money is the only thing left to keep it going. China and Japan demand will determine our interest rates, the federal reserve and US govt are prisoners at this point. Yes inflation is going up and yes rates are going to go up to match. That will drive home prices down as well as the cost of that extreme leverage gets expensive in a hurry as the rates go up. The savers still win as long as they buy short-term instruments (6-month CDs, etc…)
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