[Coronita]

http://www.latimes.com/business/autos/la-fi-toyota-economy-20140502,0,5344246,full.story#axzz30Z7j9s6h

[Coronita]

Boy did I royally eff up on this one…. I should have kept both vlo and vlp

vlo@59

[Coronita]

[quote=The-Shoveler]I could not imagine moving from say a Palos Verdes home to the Dallas area holds much appeal.[/quote]

Palos verdes is meh….

[Coronita]

You think the NBA would accept bitcoins to purchase the Clippers? I think I have a couple around…..

[Coronita]

What happens if you are me and you are the baggage? Lol…

[Coronita]

Also, not sure how accurate these charts are, but…

http://www.deptofnumbers.com/asking-prices/california/san-diego/

[Coronita]

[quote=moneymaker][quote=flu]What inventory?

http://www.redfin.com/zipcode/92126/real-estate#!v=8&sst=&region_id=38125&region_type=2&market=socal

Well in 91926 there were 87 units in inventory on 1/01/2014 now there are 98, that’s over 10% increase in inventory.[/quote]

Edit..
I’m counting 99 in 92126 right now… And that includes 3 on the east side that are mobile homes… Lol….

That’s the inventory back in Jan 2014….

It’s been pretty much flat in April..neither up or down..

[Coronita]

http://www.utsandiego.com/news/2014/apr/29/toyota-flees-california-economic-problems/

Overall, L.A. has lost 3.1 percent of its employment base since 1990, according to report this month by UCLA’s Anderson School of Management.

photo
U-T Graphic: Employment growth— Aaron Atencio
For perspective, Las Vegas posted 123 percent job growth over the same period. Even San Diego, which suffers from many of the same job-killing policies as L.A., grew jobs by 33 percent.

In relative terms, the Los Angeles job market has experienced nothing short of an economic collapse, particularly when you consider that its population expanded by 13 percent to more than 10 million people over the 23 years in question.

Some usual suspects were behind such dismal performance, according to William Yu, the UCLA economist who wrote the report.

Leading the list is high-cost housing and horrible traffic congestion, which raised employer costs and chased away skilled workers. Next comes a generally unfriendly business climate. L.A. County received a “D” in the 2013 Thumbtack Small Business Friendliness Survey, a grade that reflects a high level of taxes, regulations, licensing, zoning and other burdens.

To state the obvious, government policy has been the chief culprit in creating all these economic drags.

High commuting costs flow from underinvestment in roads and transit over decades. And supply shortages, caused by zoning restrictions, have been far more responsible for pushing up housing prices than a surge in demand, the UCLA report found.

Yet a chief cause of L.A.’s woes — or perhaps a result — was its dwindling supply of “human capital.” Put simply, bright people have been leaving or reluctant to move into Los Angeles, and the city’s education system has failed to make up the difference.

Yu pointed to San Diego’s superior performance to illustrate the economic power of human capital.

San Diego County’s business climate gets an “F” grade, even worse than the “D” for Los Angeles. Housing is about as unaffordable, and traffic congestion is arguably as bad.

And yet San Diego posted much stronger job growth. So did San Francisco, which received a “C” grade for business friendliness.

Lifted by technology clusters, research institutes and universities, San Diego and San Francisco have been able to resist the onerous gravity of state and local government policy.

But there’s little cause to celebrate. Both cities were outperformed by Phoenix, Seattle, Sacramento and even Riverside, not to mention every big city in Texas.

To be clear, it matters when companies leave California. It just doesn’t matter very much.

A 2005 study by the Public Policy Institute of California found that from 1993 to 2002 the net job losses from relocation were tiny; never higher than 0.1 percent of the state’s total jobs.

Today about 6 percent of all business moves go across state borders; most moves are within the state.

This means that growing jobs requires the much harder work of fixing structural problems rather than snatching a few headquarters.

Texas is thriving economically because of its sharply lower burden on employers from taxes, regulation and housing costs.

So far, California’s state and local leaders show little willingness to change. “We’ve got a few problems, we have lots of little burdens and regulations and taxes, but smart people figure out how to make it” in California, said Gov. Jerry Brown, after news broke Monday of Toyota’s departure.

The irony is that state leaders are perfectly capable of bold action. For example, California has spent tens of billions since 2006 in an effort to reduce climate change.

[Coronita]

[quote=spdrun]The $170k unit looks decent, probably will need a new A/C and common charges are a bit high (should be closer to $200 or $250). Note that it hasn’t actually sold and has gone back on market, 50 days since first listing. Maybe it will eventually sell for $150k or $160k.

Not to different from what I bought, but mine is in a less “nice” area.[/quote]

East side of MM…Near I-15. Studio.. Won’t rent for more than $1100/month maybe…Most techie workers probably wouldn’t be looking there….You’d get the leftover crappy renters in MM which you probably dont want to deal with…..

[Coronita]

[quote=flu]What inventory?

http://www.redfin.com/zipcode/92126/real-estate#!v=8&sst=&region_id=38125&region_type=2&market=socal

Just take a look at the 1/1’s…..
You have a total of 9 units for sale

You have the 525 sqft POS sitting at $170k…Lol…
http://www.redfin.com/CA/San-Diego/10260-Black-Mountain-Rd-92126/unit-131/home/4855423

…Or you have the slightly less POS but still POS one that is listed at $175k
http://www.redfin.com/CA/San-Diego/9522-Carroll-Canyon-Rd-92126/unit-120/home/4855546

…Or you can slightly upgrade to barely above POS quality one for $189k
http://www.redfin.com/CA/San-Diego/8449-Westmore-Rd-92126/unit-68/home/4573926

…Or you can go all out and get an average one that isn’t a POS for around $200k….

http://www.redfin.com/CA/San-Diego/8476-New-Salem-St-92126/unit-74/home/4574263
http://www.redfin.com/CA/San-Diego/8355-Westmore-Rd-92126/unit-25/home/4571422
http://www.redfin.com/CA/San-Diego/8656-New-Salem-St-92126/unit-55/home/4577061
http://www.redfin.com/CA/San-Diego/10774-Dabney-Dr-92126/unit-21/home/4590469
http://www.redfin.com/CA/San-Diego/9730-Mesa-Springs-Way-92126/unit-22/home/4859559%5B/quote%5D

2/2’s mind you are now in the 300’s now…

[Coronita]

What inventory?

http://www.redfin.com/zipcode/92126/real-estate#!v=8&sst=&region_id=38125&region_type=2&market=socal

Just take a look at the 1/1’s…..
You have a total of 9 units for sale

You have the 525 sqft POS sitting at $170k…Lol…
http://www.redfin.com/CA/San-Diego/10260-Black-Mountain-Rd-92126/unit-131/home/4855423

…Or you have the slightly less POS but still POS one that is listed at $175k
http://www.redfin.com/CA/San-Diego/9522-Carroll-Canyon-Rd-92126/unit-120/home/4855546

…Or you can slightly upgrade to barely above POS quality one for $189k
http://www.redfin.com/CA/San-Diego/8449-Westmore-Rd-92126/unit-68/home/4573926

…Or you can go all out and get an average one that isn’t a POS for around $200k….

http://www.redfin.com/CA/San-Diego/8476-New-Salem-St-92126/unit-74/home/4574263
http://www.redfin.com/CA/San-Diego/8355-Westmore-Rd-92126/unit-25/home/4571422
http://www.redfin.com/CA/San-Diego/8656-New-Salem-St-92126/unit-55/home/4577061
http://www.redfin.com/CA/San-Diego/10774-Dabney-Dr-92126/unit-21/home/4590469
http://www.redfin.com/CA/San-Diego/9730-Mesa-Springs-Way-92126/unit-22/home/4859559

[Coronita]

I’m surprise that Sterling, obviously business savy and pretty good at real estate investments didn’t figure one very important thing when it comes to the “women” he goes after..

For those type of “women”, it’s probably cheaper to do a short term rental than a long term lease or buy…

[Coronita]

Man, it hasn’t been a good year for old farts..

Before Sterling it was Cliven Bundy…
Before Bundy, it was Duck Dynasty..
And before Duck Dynasty, it was Paula Deen…

And sprinkled in between all that mess is Tom Perkins….Lol……

You know, I think the issue isn’t that we have a racism outbreak problem. I think the problem is, we have a bunch of old crabby old farts that are getting senile in their old age…..Lol…

[Coronita]

[quote=svelte][quote=flu]disgusting yes… but equally disgusting is his mistress.
[/quote]

I kinda agree, but that’s the beauty in the punishment.

If he is banished from courtside (and thus out of camera view), then she has no host to be courtside (and in camera view) herself!

Ha!

Bet she hadn’t thought of that…[/quote]

Maybe that’s why she was trying to shack it up with the NBA athletes….

[Coronita]

But you know… I doubt he will be hurting…

He bought the clips for $12million… I guess the estimated value is 1/2 billion now….

[Author]

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