[ctr70]

I agree with bearishgirl…there just isn’t anything close to SD which to me is world class beauty. To me Idywild, Julian, Big Bear are OK…but they don’t really do it for me.

Personally I’d rather spend the money it would take to buy & upkeep the cabin and take vacations to TRULY beautiful areas like Vermont, Maine, Crested Butte CO, Telluride CO, Whistler BC, Hawaii…etc

But yes there is the advantage of jumping in your car spontaneously and being in your cabin in an hour to get peace and quiet and of the SD noise…even if it is only Julian, and not Crested Butte Colorado:)

[ctr70]

I agree with bearishgirl…there just isn’t anything close to SD which to me is world class beauty. To me Idywild, Julian, Big Bear are OK…but they don’t really do it for me.

Personally I’d rather spend the money it would take to buy & upkeep the cabin and take vacations to TRULY beautiful areas like Vermont, Maine, Crested Butte CO, Telluride CO, Whistler BC, Hawaii…etc

But yes there is the advantage of jumping in your car spontaneously and being in your cabin in an hour to get peace and quiet and of the SD noise…even if it is only Julian, and not Crested Butte Colorado:)

[ctr70]

Shiller is one of the best (if not THE best) economists and forecasters out there. I remember him arguing with these nut cases on CNBC in 2005 and 2006 about how there was a huge housing bubble about to pop and they were laughing at him & deriding him. He also called the tech bubble when it was unfashionable to do so back in the late 1990’s. He is a guy you want to listen to.

[ctr70]

Shiller is one of the best (if not THE best) economists and forecasters out there. I remember him arguing with these nut cases on CNBC in 2005 and 2006 about how there was a huge housing bubble about to pop and they were laughing at him & deriding him. He also called the tech bubble when it was unfashionable to do so back in the late 1990’s. He is a guy you want to listen to.

[ctr70]

Shiller is one of the best (if not THE best) economists and forecasters out there. I remember him arguing with these nut cases on CNBC in 2005 and 2006 about how there was a huge housing bubble about to pop and they were laughing at him & deriding him. He also called the tech bubble when it was unfashionable to do so back in the late 1990’s. He is a guy you want to listen to.

[ctr70]

Shiller is one of the best (if not THE best) economists and forecasters out there. I remember him arguing with these nut cases on CNBC in 2005 and 2006 about how there was a huge housing bubble about to pop and they were laughing at him & deriding him. He also called the tech bubble when it was unfashionable to do so back in the late 1990’s. He is a guy you want to listen to.

[ctr70]

Shiller is one of the best (if not THE best) economists and forecasters out there. I remember him arguing with these nut cases on CNBC in 2005 and 2006 about how there was a huge housing bubble about to pop and they were laughing at him & deriding him. He also called the tech bubble when it was unfashionable to do so back in the late 1990’s. He is a guy you want to listen to.

[ctr70]

This is just purely anecdotal from my circle and what I’ve observed, and I have NO data to support this…but it seems like:

1. People are having much smaller families than when I was growing up in the 70’s and 80’s (1-2 kids is the norm now vs. 3-5 kids then…my parents had 6 kids born in the 1960’s and 1970’s)

2. College educated higher income people especially seem to be either having no kids at all, or having them much later in life than the past

3. I am not as sure of trends in terms of family size and age having children within the lower income, lower educational levels (I would assume it to be larger families and having children at earlier ages)

[ctr70]

This is just purely anecdotal from my circle and what I’ve observed, and I have NO data to support this…but it seems like:

1. People are having much smaller families than when I was growing up in the 70’s and 80’s (1-2 kids is the norm now vs. 3-5 kids then…my parents had 6 kids born in the 1960’s and 1970’s)

2. College educated higher income people especially seem to be either having no kids at all, or having them much later in life than the past

3. I am not as sure of trends in terms of family size and age having children within the lower income, lower educational levels (I would assume it to be larger families and having children at earlier ages)

[ctr70]

This is just purely anecdotal from my circle and what I’ve observed, and I have NO data to support this…but it seems like:

1. People are having much smaller families than when I was growing up in the 70’s and 80’s (1-2 kids is the norm now vs. 3-5 kids then…my parents had 6 kids born in the 1960’s and 1970’s)

2. College educated higher income people especially seem to be either having no kids at all, or having them much later in life than the past

3. I am not as sure of trends in terms of family size and age having children within the lower income, lower educational levels (I would assume it to be larger families and having children at earlier ages)

[ctr70]

This is just purely anecdotal from my circle and what I’ve observed, and I have NO data to support this…but it seems like:

1. People are having much smaller families than when I was growing up in the 70’s and 80’s (1-2 kids is the norm now vs. 3-5 kids then…my parents had 6 kids born in the 1960’s and 1970’s)

2. College educated higher income people especially seem to be either having no kids at all, or having them much later in life than the past

3. I am not as sure of trends in terms of family size and age having children within the lower income, lower educational levels (I would assume it to be larger families and having children at earlier ages)

[ctr70]

This is just purely anecdotal from my circle and what I’ve observed, and I have NO data to support this…but it seems like:

1. People are having much smaller families than when I was growing up in the 70’s and 80’s (1-2 kids is the norm now vs. 3-5 kids then…my parents had 6 kids born in the 1960’s and 1970’s)

2. College educated higher income people especially seem to be either having no kids at all, or having them much later in life than the past

3. I am not as sure of trends in terms of family size and age having children within the lower income, lower educational levels (I would assume it to be larger families and having children at earlier ages)

[ctr70]

The scary thing that popped out to me about Mark Hanson’s quote is we have possibly only made it though 25% of the short sales and foreclosures so far. Still 75% to go!

And who knows how many people have been sitting in their houses for 2-3 years not making payments where the bank hasn’t even filed a notice of default…so these don’t even show up in the stats! But I guess some of these would show up in the 90 day late stats?

And the fact that people can’t sell and pay 6% to a Realtor + closing costs unless they bought 10 years ago and never refied. And that is losing all the fix up they put in the house too (and closing costs when they bought). Even people who bought in 2009 and 2010 can’t sell without coming out of pocket for a huge amount. And forget about any money for a new down payment on a new house. In a flat appreciation market, even if you buy now a 50% of peak, you still may not be able to sell for years and years w/out a big loss b/c of the costs of selling.

[ctr70]

The scary thing that popped out to me about Mark Hanson’s quote is we have possibly only made it though 25% of the short sales and foreclosures so far. Still 75% to go!

And who knows how many people have been sitting in their houses for 2-3 years not making payments where the bank hasn’t even filed a notice of default…so these don’t even show up in the stats! But I guess some of these would show up in the 90 day late stats?

And the fact that people can’t sell and pay 6% to a Realtor + closing costs unless they bought 10 years ago and never refied. And that is losing all the fix up they put in the house too (and closing costs when they bought). Even people who bought in 2009 and 2010 can’t sell without coming out of pocket for a huge amount. And forget about any money for a new down payment on a new house. In a flat appreciation market, even if you buy now a 50% of peak, you still may not be able to sell for years and years w/out a big loss b/c of the costs of selling.

[ctr70]

The scary thing that popped out to me about Mark Hanson’s quote is we have possibly only made it though 25% of the short sales and foreclosures so far. Still 75% to go!

And who knows how many people have been sitting in their houses for 2-3 years not making payments where the bank hasn’t even filed a notice of default…so these don’t even show up in the stats! But I guess some of these would show up in the 90 day late stats?

And the fact that people can’t sell and pay 6% to a Realtor + closing costs unless they bought 10 years ago and never refied. And that is losing all the fix up they put in the house too (and closing costs when they bought). Even people who bought in 2009 and 2010 can’t sell without coming out of pocket for a huge amount. And forget about any money for a new down payment on a new house. In a flat appreciation market, even if you buy now a 50% of peak, you still may not be able to sell for years and years w/out a big loss b/c of the costs of selling.

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