[bsrsharma]

The implied assumption, as always, is – "all other things remaining unchanged". Interest rates represent cost of borrowing money. If you lower the cost of anything, there will be more demand generally. {It is true I can eat only so much bread, even at 10 cents a loaf, but demand for money is much more elastic}

[bsrsharma]

The implied assumption, as always, is – "all other things remaining unchanged". Interest rates represent cost of borrowing money. If you lower the cost of anything, there will be more demand generally. {It is true I can eat only so much bread, even at 10 cents a loaf, but demand for money is much more elastic}

[bsrsharma]

Why does he want to sell? Must he sell or is he afraid the market will go down more? How are other homes in the neighborhood that are selling (say, in the last 30 days) priced? How about pricing 10% – 15% below lowest list price in the zip on a $/sqft basis?

[bsrsharma]

Why does he want to sell? Must he sell or is he afraid the market will go down more? How are other homes in the neighborhood that are selling (say, in the last 30 days) priced? How about pricing 10% – 15% below lowest list price in the zip on a $/sqft basis?

[bsrsharma]

Why does he want to sell? Must he sell or is he afraid the market will go down more? How are other homes in the neighborhood that are selling (say, in the last 30 days) priced? How about pricing 10% – 15% below lowest list price in the zip on a $/sqft basis?

[bsrsharma]

Why does he want to sell? Must he sell or is he afraid the market will go down more? How are other homes in the neighborhood that are selling (say, in the last 30 days) priced? How about pricing 10% – 15% below lowest list price in the zip on a $/sqft basis?

[bsrsharma]

Edouard: Even if you put 500K Euros in a simple bank deposit at 5% p.a., you get 25K Euros interest = $36K p.a. I think you can rent a pretty nice place for $3000 p.m. and still keep your powder dry. Of course, you can always add another couple of thousand $ from your salary and get a really nice place for $5000 p.m. Why do you want to rush and buy real estate in a foreign country when the locals are too scared? I left San Diego on a job transfer and that is what I am doing here in Portland, Oregon. If you read this and other housing blogs, you will realize how much systemic instability we have in real estate & economy. Waiting another year is entirely sane.

[bsrsharma]

Edouard: Even if you put 500K Euros in a simple bank deposit at 5% p.a., you get 25K Euros interest = $36K p.a. I think you can rent a pretty nice place for $3000 p.m. and still keep your powder dry. Of course, you can always add another couple of thousand $ from your salary and get a really nice place for $5000 p.m. Why do you want to rush and buy real estate in a foreign country when the locals are too scared? I left San Diego on a job transfer and that is what I am doing here in Portland, Oregon. If you read this and other housing blogs, you will realize how much systemic instability we have in real estate & economy. Waiting another year is entirely sane.

[bsrsharma]

Edouard: Even if you put 500K Euros in a simple bank deposit at 5% p.a., you get 25K Euros interest = $36K p.a. I think you can rent a pretty nice place for $3000 p.m. and still keep your powder dry. Of course, you can always add another couple of thousand $ from your salary and get a really nice place for $5000 p.m. Why do you want to rush and buy real estate in a foreign country when the locals are too scared? I left San Diego on a job transfer and that is what I am doing here in Portland, Oregon. If you read this and other housing blogs, you will realize how much systemic instability we have in real estate & economy. Waiting another year is entirely sane.

[bsrsharma]

Edouard: Even if you put 500K Euros in a simple bank deposit at 5% p.a., you get 25K Euros interest = $36K p.a. I think you can rent a pretty nice place for $3000 p.m. and still keep your powder dry. Of course, you can always add another couple of thousand $ from your salary and get a really nice place for $5000 p.m. Why do you want to rush and buy real estate in a foreign country when the locals are too scared? I left San Diego on a job transfer and that is what I am doing here in Portland, Oregon. If you read this and other housing blogs, you will realize how much systemic instability we have in real estate & economy. Waiting another year is entirely sane.

[bsrsharma]

as for 1st and 2nd generations here, always good to have that dual citizenship in your pocket, so keep those passports current!

Wow! I am amused at all this talk as though US is going to go up in flames or sink underwater! Hey, some people came here without even being sure that they can find food to eat (the very first attempt at settling here ended in starvation and death by winter). Now you have McDonalds selling burgers for 29 cents every 2 miles. How bad can it get in your lifetime for anyone to think of emigrating?

[bsrsharma]

as for 1st and 2nd generations here, always good to have that dual citizenship in your pocket, so keep those passports current!

Wow! I am amused at all this talk as though US is going to go up in flames or sink underwater! Hey, some people came here without even being sure that they can find food to eat (the very first attempt at settling here ended in starvation and death by winter). Now you have McDonalds selling burgers for 29 cents every 2 miles. How bad can it get in your lifetime for anyone to think of emigrating?

[bsrsharma]

as for 1st and 2nd generations here, always good to have that dual citizenship in your pocket, so keep those passports current!

Wow! I am amused at all this talk as though US is going to go up in flames or sink underwater! Hey, some people came here without even being sure that they can find food to eat (the very first attempt at settling here ended in starvation and death by winter). Now you have McDonalds selling burgers for 29 cents every 2 miles. How bad can it get in your lifetime for anyone to think of emigrating?

[bsrsharma]

as for 1st and 2nd generations here, always good to have that dual citizenship in your pocket, so keep those passports current!

Wow! I am amused at all this talk as though US is going to go up in flames or sink underwater! Hey, some people came here without even being sure that they can find food to eat (the very first attempt at settling here ended in starvation and death by winter). Now you have McDonalds selling burgers for 29 cents every 2 miles. How bad can it get in your lifetime for anyone to think of emigrating?

[bsrsharma]

This tickles my curiosity. I have driven through Hemet/San Jacinto a few times and didn’t see anything unusual. They are surely not highly desireable places to live. But if you want some perspective, see what it feels to live in Cudahy

http://www.laweekly.com/news/features/the-town-the-law-forgot/15731/

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