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CoronitaParticipantEven though this place is billed as family friendly, it seems more and more like a cultural wasteland of cookie cutter tract homes with lifted 4×4's racing down the streets at all hours. So what if you can rent a fancy new house for cheap? I don't want to sit at home 24/7!
I'm trying to understand the entire lifted 4X4 culture here in san diego. I could swear I was in texas.
One thing I'm disappointed in. Gas prices are coming down. I was hoping that gas prices would hit $4.50/gal at the pumps, so that we'd see less of these ridiculous trucks on the road. I'm not against them from an environment perspective. BUT, jackasses like these people drive these raised crapboxes on regular roads/freeways like normal cars, +20 mph above the limit, taligate,etc. I put my wife in an psuedo-environment friendlier large vehicle just to be slightly safer.
The other thing I don't understand, is the riced-out Civics and Accords with the bling-bling wheels, fart can mufflers, and lowered suspension (or probably cut springs). But they're more of an eye sore than dangerous.
OT: my favorite websites.
1) H2: http://www.fuh2.com/
CoronitaParticipant“Here” meaning temecula. san diego. Lot’s have of people have moved out and have been quite happy elsewhere, like in Oregon and Washington (minus Seattle). Find out if your lifestyle/career works out there and see for it.
I personally like Oregon, but don’t like the weather too much.
I was visiting a friend in the Beaverton area about 4 years ago. Back then things were still underdeveloped, but when I went there recently, things have been quite nice.
CoronitaParticipant“Here” meaning temecula. san diego. Lot’s have of people have moved out and have been quite happy elsewhere, like in Oregon and Washington (minus Seattle). Find out if your lifestyle/career works out there and see for it.
I personally like Oregon, but don’t like the weather too much.
I was visiting a friend in the Beaverton area about 4 years ago. Back then things were still underdeveloped, but when I went there recently, things have been quite nice.
CoronitaParticipantw_a_d, I assume that China is universal health care, too, like Coooba. China also offer universal 'unhealthcare,' if you are child number two, or a daughter, or a Falun Gong prisoner selected to 'donate' your kidney or liver to a cash-paying Westerner on the mainland for a transplant.
Typical CNN propaganda. What’s worse, killers wasting millions of state funds oeath row, because they have a right to live? Uh, that makes sense.
BTW: an MRI in China as the best hospitals is a few hundred dollars..Far superior than what you could get here on medicare. You think healthcare is great here? Maybe 10 years ago. BUT, what you don't realize is that hospitals here have been outsourcing diagnosing a lot of your X-rays/MRIs etc to some dude in india that probably have questionable medical experience. It's a game between insurance companies and you. The figure statistically the number of misdiagnoses will be somewhat lower than average, so too bad for that "unlucky" ones that get misdiagnosed. Go figure.
And of course in such a civilized society like U.S., there is no such thing as people who steal body parts and sell them, right?
CoronitaParticipantw_a_d, I assume that China is universal health care, too, like Coooba. China also offer universal 'unhealthcare,' if you are child number two, or a daughter, or a Falun Gong prisoner selected to 'donate' your kidney or liver to a cash-paying Westerner on the mainland for a transplant.
Typical CNN propaganda. What’s worse, killers wasting millions of state funds oeath row, because they have a right to live? Uh, that makes sense.
BTW: an MRI in China as the best hospitals is a few hundred dollars..Far superior than what you could get here on medicare. You think healthcare is great here? Maybe 10 years ago. BUT, what you don't realize is that hospitals here have been outsourcing diagnosing a lot of your X-rays/MRIs etc to some dude in india that probably have questionable medical experience. It's a game between insurance companies and you. The figure statistically the number of misdiagnoses will be somewhat lower than average, so too bad for that "unlucky" ones that get misdiagnosed. Go figure.
And of course in such a civilized society like U.S., there is no such thing as people who steal body parts and sell them, right?
CoronitaParticipantUm, no one is holding you at gunpoint to stay here. If you don’t like it here, why not move out and find a place where you do like.
CoronitaParticipantUm, no one is holding you at gunpoint to stay here. If you don’t like it here, why not move out and find a place where you do like.
CoronitaParticipantNote that it doesn't say, "French, Germans, Saudis, and Japanese on work visas", it says "Indians, Chinese, Mexicans, and Filipinos". Every one of these groups is from a third world country not known for having a lot of rich folks who can afford 700K houses. Not to say there aren't rich people there, but there are a lot fewer of them than in first world countries, and I just don't see them having a lot of effect on our housing market.
Um… I think you're walking into this one….Since when is China and India considered third world today?
Someone posted this link
https://www.cia.gov/library/publications/the-world-factbook/rankorder/2187rank.html
I wouldn't exactly call a country with +$179,100,000,000 "third world". Meanwhile, US is $ -862,300,000,000 …..
Your preconceived notions of foreign is starting to show 🙂
CoronitaParticipantNote that it doesn't say, "French, Germans, Saudis, and Japanese on work visas", it says "Indians, Chinese, Mexicans, and Filipinos". Every one of these groups is from a third world country not known for having a lot of rich folks who can afford 700K houses. Not to say there aren't rich people there, but there are a lot fewer of them than in first world countries, and I just don't see them having a lot of effect on our housing market.
Um… I think you're walking into this one….Since when is China and India considered third world today?
Someone posted this link
https://www.cia.gov/library/publications/the-world-factbook/rankorder/2187rank.html
I wouldn't exactly call a country with +$179,100,000,000 "third world". Meanwhile, US is $ -862,300,000,000 …..
Your preconceived notions of foreign is starting to show 🙂
CoronitaParticipantI would say that anyone hoping for double digit interest rates is asking for alot more then just low housing prices because if rates are up in the double digits, we will be having alot more to deal with then just housing topics. Be careful what you ask for. SD Realtor
Um, that's exactly what I tried to say in another thread. SD Realtor, you are so much more eloquent than me.
If a mortgage interest is double digits, can you imagine the cost of borrowing for other things? Let's see, credit card aprs are like 19% right now… Uh wait 30%+ aprs? Say goodbye to that 0.5% cash financing on cars (oh, wait, by then GM/Ford will probably be gone). Corporations of course will of course figure out a way to pass all their higher borrowing costs to consumers someone.
CoronitaParticipantI would say that anyone hoping for double digit interest rates is asking for alot more then just low housing prices because if rates are up in the double digits, we will be having alot more to deal with then just housing topics. Be careful what you ask for. SD Realtor
Um, that's exactly what I tried to say in another thread. SD Realtor, you are so much more eloquent than me.
If a mortgage interest is double digits, can you imagine the cost of borrowing for other things? Let's see, credit card aprs are like 19% right now… Uh wait 30%+ aprs? Say goodbye to that 0.5% cash financing on cars (oh, wait, by then GM/Ford will probably be gone). Corporations of course will of course figure out a way to pass all their higher borrowing costs to consumers someone.
CoronitaParticipantfat_lazy_union, where did you get a sense that ppl in this blog wish to have interest rate going up forever? That is not the point. As SD Realtor has mentioned in the earlier communication, too high the interest rate would have a negative effect on every level of the economy. People are just saying that having a increase in interest rate will help correct the housing market and make it more affordable.
I didn't say that people on this blog want interest rates to go up forever.
Some people on this blog seem to want interest rates to go up for awhile, enough for home prices to come down so that they could buy, and then somehow expect interest rates to be flat after they purchase or even go down, meanwhile having inflation stay flat because they feel their sideline money while be able to purchase a lot of home.
My point: the expectation for interest rates to go up to allow home prices to depress for someone to buy, and then have interest rates remain flat and or fall is wishful thinking, all this without their purchasing power of their dollars in that 5-5.5% money remain the same is wishful thinking. Intereest rates are going to move up for a long time. And inflation is going to quickly devalue all those savings earning 5-5.5%.
Let's talk about what inflation people REALLY see. And It's only going to get worse.
WASHINGTON (AP) — Consumer prices shot up at the fastest pace in 20 months in May, fueled by a surge in gas prices, although inflation pressures were moderate in most other areas.The Labor Department reported that its closely watched Consumer Price Index registered a 0.7 percent increase last month, the biggest advance since Hurricane Katrina shut down Gulf Coast oil production in the fall of 2005. Outside of the volatile energy and food categories, inflation rose by a much more modest 0.1 percent. That was slightly lower than the 0.2 percent which had been expected and provided reassurance that this year's surge in energy costs has not spread to other parts of the economy.
Meanwhile, the Federal Reserve reported that industrial production was flat in May after a 0.4 percent surge in April. The slowdown in May had been expected. While factory output and mining, which includes oil drilling, both posted increases, those gains were offset by a 1.3 percent plunge in output by the nation's utilities. This reflected a return to milder weather after a colder-than-normal April.
Financial markets have been roiled in recent weeks by global inflation concerns. The yield on the benchmark 10-year Treasury security hit a five-year high earlier this week causing a steep dive in stock prices. Investors were worried that rising interest rates could prolong the troubles in the slumping housing market.
However, stocks have rebounded in the past two days as bond yields have edged down a bit. While investors have abandoned hopes that the Federal Reserve might cut interest rates this year, they are becoming more confident that moderate inflationary pressures will keep the central bank from raising the short-term rates that it controls.
In other economic news, the Commerce Department reported that the deficit in the current account, the broadest measure of foreign trade, increased to $192.6 billion in the January-to-March period, compared to $187.9 billion in the fourth quarter. The increase reflected a higher foreign oil bill. It was slightly below what analysts had been expecting.
The 0.7 percent overall increase in consumer prices was in line with expectations. It followed gains of 0.4 percent in April and 0.6 percent in March.
The increases in overall inflation have cut into consumers' buying power. The weekly earnings of nonsupervisory workers fell by 0.2 percent in May, after adjusting for inflation, the fourth decline this year.
So far this year, consumer prices have been rising at an annual rate of 5.5 percent, double the 2.5 percent increase for all of 2006. The acceleration has occurred because of the surge in energy costs and increases in food costs that have been caused in part by higher demand for ethanol fuel, which is produced with corn.
Excluding food and energy, core inflation is up at an annual rate of 2.1 percent through May, a better showing than the 2.6 percent rise for all of 2006.
It is the core figure that officials at the Federal Reserve follow closely. They pushed interest rates that they control up for two years in an effort to slow the economy enough to keep inflation under control. The last Fed rate hike occurred a year ago and many economists believe the central bank will remain on hold through the rest of this year, watching to see if core inflation moderates back to a comfort zone of 1 percent to 2 percent.
For May, energy prices rose by 5.4 percent, driven higher by a 10.5 percent jump in gasoline pump prices. The surge in gasoline costs appears to be moderating with the nationwide average falling by 7 cents in the past three weeks to $3.11 per gallon, according to the Lundberg Survey. That was still 95 cents higher than at the start of the year.
Food costs were up 0.3 percent in May as vegetable prices fell while beef, poultry and fresh fruit prices were up.
Outside of food and energy, the cost of new cars fell by 0.2 percent while the cost of airline fares was down 0.6 percent and clothing costs dropped by 0.3 percent.
CoronitaParticipantfat_lazy_union, where did you get a sense that ppl in this blog wish to have interest rate going up forever? That is not the point. As SD Realtor has mentioned in the earlier communication, too high the interest rate would have a negative effect on every level of the economy. People are just saying that having a increase in interest rate will help correct the housing market and make it more affordable.
I didn't say that people on this blog want interest rates to go up forever.
Some people on this blog seem to want interest rates to go up for awhile, enough for home prices to come down so that they could buy, and then somehow expect interest rates to be flat after they purchase or even go down, meanwhile having inflation stay flat because they feel their sideline money while be able to purchase a lot of home.
My point: the expectation for interest rates to go up to allow home prices to depress for someone to buy, and then have interest rates remain flat and or fall is wishful thinking, all this without their purchasing power of their dollars in that 5-5.5% money remain the same is wishful thinking. Intereest rates are going to move up for a long time. And inflation is going to quickly devalue all those savings earning 5-5.5%.
Let's talk about what inflation people REALLY see. And It's only going to get worse.
WASHINGTON (AP) — Consumer prices shot up at the fastest pace in 20 months in May, fueled by a surge in gas prices, although inflation pressures were moderate in most other areas.The Labor Department reported that its closely watched Consumer Price Index registered a 0.7 percent increase last month, the biggest advance since Hurricane Katrina shut down Gulf Coast oil production in the fall of 2005. Outside of the volatile energy and food categories, inflation rose by a much more modest 0.1 percent. That was slightly lower than the 0.2 percent which had been expected and provided reassurance that this year's surge in energy costs has not spread to other parts of the economy.
Meanwhile, the Federal Reserve reported that industrial production was flat in May after a 0.4 percent surge in April. The slowdown in May had been expected. While factory output and mining, which includes oil drilling, both posted increases, those gains were offset by a 1.3 percent plunge in output by the nation's utilities. This reflected a return to milder weather after a colder-than-normal April.
Financial markets have been roiled in recent weeks by global inflation concerns. The yield on the benchmark 10-year Treasury security hit a five-year high earlier this week causing a steep dive in stock prices. Investors were worried that rising interest rates could prolong the troubles in the slumping housing market.
However, stocks have rebounded in the past two days as bond yields have edged down a bit. While investors have abandoned hopes that the Federal Reserve might cut interest rates this year, they are becoming more confident that moderate inflationary pressures will keep the central bank from raising the short-term rates that it controls.
In other economic news, the Commerce Department reported that the deficit in the current account, the broadest measure of foreign trade, increased to $192.6 billion in the January-to-March period, compared to $187.9 billion in the fourth quarter. The increase reflected a higher foreign oil bill. It was slightly below what analysts had been expecting.
The 0.7 percent overall increase in consumer prices was in line with expectations. It followed gains of 0.4 percent in April and 0.6 percent in March.
The increases in overall inflation have cut into consumers' buying power. The weekly earnings of nonsupervisory workers fell by 0.2 percent in May, after adjusting for inflation, the fourth decline this year.
So far this year, consumer prices have been rising at an annual rate of 5.5 percent, double the 2.5 percent increase for all of 2006. The acceleration has occurred because of the surge in energy costs and increases in food costs that have been caused in part by higher demand for ethanol fuel, which is produced with corn.
Excluding food and energy, core inflation is up at an annual rate of 2.1 percent through May, a better showing than the 2.6 percent rise for all of 2006.
It is the core figure that officials at the Federal Reserve follow closely. They pushed interest rates that they control up for two years in an effort to slow the economy enough to keep inflation under control. The last Fed rate hike occurred a year ago and many economists believe the central bank will remain on hold through the rest of this year, watching to see if core inflation moderates back to a comfort zone of 1 percent to 2 percent.
For May, energy prices rose by 5.4 percent, driven higher by a 10.5 percent jump in gasoline pump prices. The surge in gasoline costs appears to be moderating with the nationwide average falling by 7 cents in the past three weeks to $3.11 per gallon, according to the Lundberg Survey. That was still 95 cents higher than at the start of the year.
Food costs were up 0.3 percent in May as vegetable prices fell while beef, poultry and fresh fruit prices were up.
Outside of food and energy, the cost of new cars fell by 0.2 percent while the cost of airline fares was down 0.6 percent and clothing costs dropped by 0.3 percent.
CoronitaParticipantPS If you know others here on work visas please ask them about their opinion on this and whether it affects their decision to buy. Then post it here.
Wife bought while on H1. A few old friends at qcom bought in waterridge while on H1. A few coworkers on H1 bought in 2003.
It seemed like it wasn't the H1 that was of concern. It was about income and affordability. They basically waited until they could afford it.
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