[bubble_contagion]

A few days back a 2 bedroom at Lucera was listed on the MLS for $325K (MLS#: 072058812). Back in Febuary 2006, when I started this thread, the lowest price for a 2 bed was $430K. These units are worth $225K tops and will be at that price in a year or two.

[bubble_contagion]

I tried a 50″ HDTV. Very disappointed, standard TV looked worse and movies still looked very small when viewed on their original cinema format of 2.30:1. Solution, exchange the HDTV for a high quality CRT for regular TV and use a HD projector for movies or special HDTV events. The projector displays a 100″ image which allows to see all level of detail possible with HD. Think about this, you computer has as much resolution per square inch than most plasmas but if you step 7 feet back you cannot read from it anymore. When you are sitting 10 feet away from a 50” HDTV your eyes do not have the resolution to perceive all the detail. You either need to step 5 feet closer or go to 100” which will probably fry your eyes and wallet. A home theater projector allows this image size for a tiny fraction of the cost and it is easy on the eyes. The only drawback is that you can only use it at night.

[bubble_contagion]

I tried a 50″ HDTV. Very disappointed, standard TV looked worse and movies still looked very small when viewed on their original cinema format of 2.30:1. Solution, exchange the HDTV for a high quality CRT for regular TV and use a HD projector for movies or special HDTV events. The projector displays a 100″ image which allows to see all level of detail possible with HD. Think about this, you computer has as much resolution per square inch than most plasmas but if you step 7 feet back you cannot read from it anymore. When you are sitting 10 feet away from a 50” HDTV your eyes do not have the resolution to perceive all the detail. You either need to step 5 feet closer or go to 100” which will probably fry your eyes and wallet. A home theater projector allows this image size for a tiny fraction of the cost and it is easy on the eyes. The only drawback is that you can only use it at night.

[bubble_contagion]

Is the time to buy gold, whiskey and ammo?

[bubble_contagion]

Is the time to buy gold, whiskey and ammo?

[bubble_contagion]

In 2005 inventory peaked in October, in 2006 in July. Will 2007 be like 2006 or like 2005? Why the difference? My feeling is that 2007 will be more like 2005 but it is just a guess. A lot of people gave up selling in late 2006 to wait out the rebound. This didn’t happen. Now these same people have to compete with foreclosure and “need to sell” inventory from the ARMs resets. Big price drops could be around the corner but don’t count on it. The housing market has proven to be very resilient and an imminent crash has been called since 2004.

[bubble_contagion]

In 2005 inventory peaked in October, in 2006 in July. Will 2007 be like 2006 or like 2005? Why the difference? My feeling is that 2007 will be more like 2005 but it is just a guess. A lot of people gave up selling in late 2006 to wait out the rebound. This didn’t happen. Now these same people have to compete with foreclosure and “need to sell” inventory from the ARMs resets. Big price drops could be around the corner but don’t count on it. The housing market has proven to be very resilient and an imminent crash has been called since 2004.

[bubble_contagion]

Do you work at an Apple store? :-)….

[bubble_contagion]

Do you work at an Apple store? :-)….

[bubble_contagion]

Rent is OK, average, for that area. As to buying something, Del Mar and La Jolla are the most expensive neighborhoods in San Diego so prepare to spend 1+ million for a small single family home. Half of that for a condo. Carmel Valley is another option just to the North but it has a suburban feel and no character as a neighborhood when you compare it to Del Mar or La Jolla or even UTC.

[bubble_contagion]

Rent is OK, average, for that area. As to buying something, Del Mar and La Jolla are the most expensive neighborhoods in San Diego so prepare to spend 1+ million for a small single family home. Half of that for a condo. Carmel Valley is another option just to the North but it has a suburban feel and no character as a neighborhood when you compare it to Del Mar or La Jolla or even UTC.

[bubble_contagion]

Asianautica: That is so true. Like when sometimes you get in sync with the traffic lights and get all the greens and sometimes all the reds. At least none of us were born before WWII and had to fight a large war.

[bubble_contagion]

Asianautica: That is so true. Like when sometimes you get in sync with the traffic lights and get all the greens and sometimes all the reds. At least none of us were born before WWII and had to fight a large war.

[bubble_contagion]

5.25% and supposedly I did “good”. This is the lowest raise I received, as a percentage, in the last several years. I was fully expecting management to keep track of inflation, interest rates and foreign currencies and adjust employee wages accordingly 🙂

[bubble_contagion]

5.25% and supposedly I did “good”. This is the lowest raise I received, as a percentage, in the last several years. I was fully expecting management to keep track of inflation, interest rates and foreign currencies and adjust employee wages accordingly 🙂

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