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ParticipantThey’re still adding inventory and there are several projects that are planned and ready to go if the market conditions recover to the point that they will become profitable.
What we haven’t seen so far )at least I haven’t seen it) is whether there is sufficient demand for the existing units.
The downtown area is a great place to live if you’re into the nighlife and the arts – two things that San Diego is not known for. downtown is a great place to live if that’s where you work. Increasingly the main high-dollar employment is moving out to the ‘burbs. San Diego is a great place to retire – if you have a LOT of money. The boomer generation coming up mostly isn’t in that position.
The social planners also like those mixed use properties, too. As a concept it sounds cool but in practice the only work in a few of the trendiest places. And for the most part San Diego is a 20th Century town. Even back east, the typical pattern is to start out near all the entertainment and nightlife when you’re young and move out to the ‘burbs when you have kids.
Those units will all eventually get sold or rented. Whether they’re be in short enough supply relative to the effective demand to cause price increases any time soon is debatable. It’s definitely not a sure thing at this point.
It might work if the environmentalists can get gasoline up to $10/gallon. Other than that, I’m skeptical.
ParticipantThey’re still adding inventory and there are several projects that are planned and ready to go if the market conditions recover to the point that they will become profitable.
What we haven’t seen so far )at least I haven’t seen it) is whether there is sufficient demand for the existing units.
The downtown area is a great place to live if you’re into the nighlife and the arts – two things that San Diego is not known for. downtown is a great place to live if that’s where you work. Increasingly the main high-dollar employment is moving out to the ‘burbs. San Diego is a great place to retire – if you have a LOT of money. The boomer generation coming up mostly isn’t in that position.
The social planners also like those mixed use properties, too. As a concept it sounds cool but in practice the only work in a few of the trendiest places. And for the most part San Diego is a 20th Century town. Even back east, the typical pattern is to start out near all the entertainment and nightlife when you’re young and move out to the ‘burbs when you have kids.
Those units will all eventually get sold or rented. Whether they’re be in short enough supply relative to the effective demand to cause price increases any time soon is debatable. It’s definitely not a sure thing at this point.
It might work if the environmentalists can get gasoline up to $10/gallon. Other than that, I’m skeptical.
ParticipantThey’re still adding inventory and there are several projects that are planned and ready to go if the market conditions recover to the point that they will become profitable.
What we haven’t seen so far )at least I haven’t seen it) is whether there is sufficient demand for the existing units.
The downtown area is a great place to live if you’re into the nighlife and the arts – two things that San Diego is not known for. downtown is a great place to live if that’s where you work. Increasingly the main high-dollar employment is moving out to the ‘burbs. San Diego is a great place to retire – if you have a LOT of money. The boomer generation coming up mostly isn’t in that position.
The social planners also like those mixed use properties, too. As a concept it sounds cool but in practice the only work in a few of the trendiest places. And for the most part San Diego is a 20th Century town. Even back east, the typical pattern is to start out near all the entertainment and nightlife when you’re young and move out to the ‘burbs when you have kids.
Those units will all eventually get sold or rented. Whether they’re be in short enough supply relative to the effective demand to cause price increases any time soon is debatable. It’s definitely not a sure thing at this point.
It might work if the environmentalists can get gasoline up to $10/gallon. Other than that, I’m skeptical.
ParticipantThey’re still adding inventory and there are several projects that are planned and ready to go if the market conditions recover to the point that they will become profitable.
What we haven’t seen so far )at least I haven’t seen it) is whether there is sufficient demand for the existing units.
The downtown area is a great place to live if you’re into the nighlife and the arts – two things that San Diego is not known for. downtown is a great place to live if that’s where you work. Increasingly the main high-dollar employment is moving out to the ‘burbs. San Diego is a great place to retire – if you have a LOT of money. The boomer generation coming up mostly isn’t in that position.
The social planners also like those mixed use properties, too. As a concept it sounds cool but in practice the only work in a few of the trendiest places. And for the most part San Diego is a 20th Century town. Even back east, the typical pattern is to start out near all the entertainment and nightlife when you’re young and move out to the ‘burbs when you have kids.
Those units will all eventually get sold or rented. Whether they’re be in short enough supply relative to the effective demand to cause price increases any time soon is debatable. It’s definitely not a sure thing at this point.
It might work if the environmentalists can get gasoline up to $10/gallon. Other than that, I’m skeptical.
ParticipantIt’ll probably do just fine in middle America where the difference in values between the utstanding loans and the current value of the homes is measured in $20,000 increments rather than $200,000 increments.
Someone who’s marginal because their $700 monthly payment is jumping to $1100 per month might be able to take maximum advantage of this. Not so for someone looking at the difference of $2100 bumping to $3300.
ParticipantIt’ll probably do just fine in middle America where the difference in values between the utstanding loans and the current value of the homes is measured in $20,000 increments rather than $200,000 increments.
Someone who’s marginal because their $700 monthly payment is jumping to $1100 per month might be able to take maximum advantage of this. Not so for someone looking at the difference of $2100 bumping to $3300.
ParticipantIt’ll probably do just fine in middle America where the difference in values between the utstanding loans and the current value of the homes is measured in $20,000 increments rather than $200,000 increments.
Someone who’s marginal because their $700 monthly payment is jumping to $1100 per month might be able to take maximum advantage of this. Not so for someone looking at the difference of $2100 bumping to $3300.
ParticipantIt’ll probably do just fine in middle America where the difference in values between the utstanding loans and the current value of the homes is measured in $20,000 increments rather than $200,000 increments.
Someone who’s marginal because their $700 monthly payment is jumping to $1100 per month might be able to take maximum advantage of this. Not so for someone looking at the difference of $2100 bumping to $3300.
ParticipantIt’ll probably do just fine in middle America where the difference in values between the utstanding loans and the current value of the homes is measured in $20,000 increments rather than $200,000 increments.
Someone who’s marginal because their $700 monthly payment is jumping to $1100 per month might be able to take maximum advantage of this. Not so for someone looking at the difference of $2100 bumping to $3300.
ParticipantI do disagree with your rather casual assumption of McCain prevailing in any debates. Even if Obama didn’t have a sincere bone in his body you can bet he would have all his talking points wired by the time he faced McCain on the podium.
We’ve all seen the guy speak and that is definitely his strong suit. They don’t call him the media darling for nothing. Whether Obama’s sincere or not I don’t think there is a politician alive who could just walk over him.
As for the independents breaking NcCain’s way, I think it’s a little early to be counting those particular chickens. The whole reason they’re independent is because they have no loyalties to either of the dominant parties. To me that means that most of them will reserve their options right up until the moment they step into the voting booth.
ParticipantI do disagree with your rather casual assumption of McCain prevailing in any debates. Even if Obama didn’t have a sincere bone in his body you can bet he would have all his talking points wired by the time he faced McCain on the podium.
We’ve all seen the guy speak and that is definitely his strong suit. They don’t call him the media darling for nothing. Whether Obama’s sincere or not I don’t think there is a politician alive who could just walk over him.
As for the independents breaking NcCain’s way, I think it’s a little early to be counting those particular chickens. The whole reason they’re independent is because they have no loyalties to either of the dominant parties. To me that means that most of them will reserve their options right up until the moment they step into the voting booth.
ParticipantI do disagree with your rather casual assumption of McCain prevailing in any debates. Even if Obama didn’t have a sincere bone in his body you can bet he would have all his talking points wired by the time he faced McCain on the podium.
We’ve all seen the guy speak and that is definitely his strong suit. They don’t call him the media darling for nothing. Whether Obama’s sincere or not I don’t think there is a politician alive who could just walk over him.
As for the independents breaking NcCain’s way, I think it’s a little early to be counting those particular chickens. The whole reason they’re independent is because they have no loyalties to either of the dominant parties. To me that means that most of them will reserve their options right up until the moment they step into the voting booth.
ParticipantI do disagree with your rather casual assumption of McCain prevailing in any debates. Even if Obama didn’t have a sincere bone in his body you can bet he would have all his talking points wired by the time he faced McCain on the podium.
We’ve all seen the guy speak and that is definitely his strong suit. They don’t call him the media darling for nothing. Whether Obama’s sincere or not I don’t think there is a politician alive who could just walk over him.
As for the independents breaking NcCain’s way, I think it’s a little early to be counting those particular chickens. The whole reason they’re independent is because they have no loyalties to either of the dominant parties. To me that means that most of them will reserve their options right up until the moment they step into the voting booth.
ParticipantI do disagree with your rather casual assumption of McCain prevailing in any debates. Even if Obama didn’t have a sincere bone in his body you can bet he would have all his talking points wired by the time he faced McCain on the podium.
We’ve all seen the guy speak and that is definitely his strong suit. They don’t call him the media darling for nothing. Whether Obama’s sincere or not I don’t think there is a politician alive who could just walk over him.
As for the independents breaking NcCain’s way, I think it’s a little early to be counting those particular chickens. The whole reason they’re independent is because they have no loyalties to either of the dominant parties. To me that means that most of them will reserve their options right up until the moment they step into the voting booth.
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