Forum Replies Created
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cyphire
ParticipantIs true sdrealtor… From the friends perspective I agree completely – the lack of connection is definitely from only being here for 7 years. But I have made some great friends and connections out here so I don’t lack for friendship, etc.
When I talk about the shallowness, it’s mainly that most of the people I run into aren’t exactly into intellectual pursuits. I can only discuss movies with them not books… They think more of celebrities, than they do about politics.
I’ve always heard that there is a rivalry between Northern and Southern California. The funny thing is that the Northerners consider us to be empty headed bubblegum blondes, and the Southerners DON’T CARE what the North thinks about us! This somewhat sums up the problem that I have with So. Cal… If you want to talk about issues, about literature, about other intellectual pursuits, this place is brain damaged and empty… Devoid of life. Is this the case with everyone here? Of course not! But the sunshine and lifestyle breeds a relaxed – why worry – don’t think to much atmosphere. Back east many of the people I would run into would have opinions and express them, they operated at a more intellectual level. When I lived in Carmel Valley (as well as here in Bird Rock) I was amazed at how many people just don’t think about politics, religion, books, and world issues… couldn’t give a crap! Cars, wine, and relaxing seem to be the important issues.
I’m afraid for my kids… At least when I grew up you couldn’t stay outside all the time, there was time for holing up and reading, and talking (about something other than getting a new cell phone).
cyphire
ParticipantIs true sdrealtor… From the friends perspective I agree completely – the lack of connection is definitely from only being here for 7 years. But I have made some great friends and connections out here so I don’t lack for friendship, etc.
When I talk about the shallowness, it’s mainly that most of the people I run into aren’t exactly into intellectual pursuits. I can only discuss movies with them not books… They think more of celebrities, than they do about politics.
I’ve always heard that there is a rivalry between Northern and Southern California. The funny thing is that the Northerners consider us to be empty headed bubblegum blondes, and the Southerners DON’T CARE what the North thinks about us! This somewhat sums up the problem that I have with So. Cal… If you want to talk about issues, about literature, about other intellectual pursuits, this place is brain damaged and empty… Devoid of life. Is this the case with everyone here? Of course not! But the sunshine and lifestyle breeds a relaxed – why worry – don’t think to much atmosphere. Back east many of the people I would run into would have opinions and express them, they operated at a more intellectual level. When I lived in Carmel Valley (as well as here in Bird Rock) I was amazed at how many people just don’t think about politics, religion, books, and world issues… couldn’t give a crap! Cars, wine, and relaxing seem to be the important issues.
I’m afraid for my kids… At least when I grew up you couldn’t stay outside all the time, there was time for holing up and reading, and talking (about something other than getting a new cell phone).
cyphire
ParticipantIs true sdrealtor… From the friends perspective I agree completely – the lack of connection is definitely from only being here for 7 years. But I have made some great friends and connections out here so I don’t lack for friendship, etc.
When I talk about the shallowness, it’s mainly that most of the people I run into aren’t exactly into intellectual pursuits. I can only discuss movies with them not books… They think more of celebrities, than they do about politics.
I’ve always heard that there is a rivalry between Northern and Southern California. The funny thing is that the Northerners consider us to be empty headed bubblegum blondes, and the Southerners DON’T CARE what the North thinks about us! This somewhat sums up the problem that I have with So. Cal… If you want to talk about issues, about literature, about other intellectual pursuits, this place is brain damaged and empty… Devoid of life. Is this the case with everyone here? Of course not! But the sunshine and lifestyle breeds a relaxed – why worry – don’t think to much atmosphere. Back east many of the people I would run into would have opinions and express them, they operated at a more intellectual level. When I lived in Carmel Valley (as well as here in Bird Rock) I was amazed at how many people just don’t think about politics, religion, books, and world issues… couldn’t give a crap! Cars, wine, and relaxing seem to be the important issues.
I’m afraid for my kids… At least when I grew up you couldn’t stay outside all the time, there was time for holing up and reading, and talking (about something other than getting a new cell phone).
cyphire
ParticipantI think that there is some disconnect in the psychology of the market. Or at least our understanding of the psychology of the market.
We tend to think of they dynamic of what is happening now, not what the future portends… The idea that most homeowners have tons of equity and they can afford to never sell, and it doesn’t matter to them, to me seems absolute rubbish…
Lets look at reality. Most people who have equity due to the increased value of their homes, have refinanced to support a new type of lifestyle, one which has been increasing along with the equity…. Why has the economy done so well and why is the DOW at 13+K? The US consumer. As we all know the average person in this country has a negative savings rate! We don’t save! We spend! It’s what keeps the roller coaster going. Where I used to live in Carmel Valley – as peoples houses went up in value, they bought vacation homes, they bought new cars, boats, went out to eat all the time, etc. New kitchens, remodels, granite everything, timeshares, European vacations…. All with borrowed money. With huge income taxes, 6% sales commissions, and supporting an ever increasing lifestyle quality, many of the same people who claim that they have this fictitious equity have lived comfortably because that was their nest egg… As interest rates were so low, they refinanced – into ARM’s, etc.
Now if the pain stopped now – no problem for most…. What happens if prices go down 10-20 percent over the next year… Or even just 7%? What happens if this happens in 08, 09, 10, and 11?
Think about it! Everyone said there would be a new top each year for 10-15 years…. and it came true… But now that the sentiment is going the other way, everyone calls the bottom by late ’08!!!! There won’t be a bottom for a long time. It’s in the cards – because as it gets worse and worse, as credit tightens, buyers are scared, sellers are scared and this pretend equity which has been spent in the economy gets smaller and smaller… Till – only the real savers, the people who live within their means will be ok… That is NOT the vast majority of the southern California lifestyle!
One more point about rubbing it in…. When we were still going up my cousin (in real estate in Malibu and Calabassas) crowed about how well the market was doing. When the tide turned I spent a lot of time trying to get him to understand what was happening and what was going to happen. Now that the tide has turned, and yet the real pain hasn’t even begun to start (it really hasn’t yet!) I no longer talk to him about real estate… He won’t really get it until it gets worse, and I don’t want to make him feel bad. My sister owns a 1M house in the OC… She owes 940K on it because of a remodel. I don’t talk to her about it either… Why? Because she isn’t going to sell, but I don’t want to keep saying I told you so…
The mob will start selling in earnest next year, or the year after. There won’t be any buyers, and the ones that need to cash out will wish that they sold out this year.
p.s. My realtor cousin has his house at 1.5M for a year now. He has only slightly dropped it’s price and can’t understand why no one will buy it. By the time he sells, he will have surrendered all his equity…. This will be a very common story – it’s the fear of losing the equity which will keep houses off the market now, and will bring them on in droves next year when the fear will be losing ALL the equity.
cyphire
ParticipantI think that there is some disconnect in the psychology of the market. Or at least our understanding of the psychology of the market.
We tend to think of they dynamic of what is happening now, not what the future portends… The idea that most homeowners have tons of equity and they can afford to never sell, and it doesn’t matter to them, to me seems absolute rubbish…
Lets look at reality. Most people who have equity due to the increased value of their homes, have refinanced to support a new type of lifestyle, one which has been increasing along with the equity…. Why has the economy done so well and why is the DOW at 13+K? The US consumer. As we all know the average person in this country has a negative savings rate! We don’t save! We spend! It’s what keeps the roller coaster going. Where I used to live in Carmel Valley – as peoples houses went up in value, they bought vacation homes, they bought new cars, boats, went out to eat all the time, etc. New kitchens, remodels, granite everything, timeshares, European vacations…. All with borrowed money. With huge income taxes, 6% sales commissions, and supporting an ever increasing lifestyle quality, many of the same people who claim that they have this fictitious equity have lived comfortably because that was their nest egg… As interest rates were so low, they refinanced – into ARM’s, etc.
Now if the pain stopped now – no problem for most…. What happens if prices go down 10-20 percent over the next year… Or even just 7%? What happens if this happens in 08, 09, 10, and 11?
Think about it! Everyone said there would be a new top each year for 10-15 years…. and it came true… But now that the sentiment is going the other way, everyone calls the bottom by late ’08!!!! There won’t be a bottom for a long time. It’s in the cards – because as it gets worse and worse, as credit tightens, buyers are scared, sellers are scared and this pretend equity which has been spent in the economy gets smaller and smaller… Till – only the real savers, the people who live within their means will be ok… That is NOT the vast majority of the southern California lifestyle!
One more point about rubbing it in…. When we were still going up my cousin (in real estate in Malibu and Calabassas) crowed about how well the market was doing. When the tide turned I spent a lot of time trying to get him to understand what was happening and what was going to happen. Now that the tide has turned, and yet the real pain hasn’t even begun to start (it really hasn’t yet!) I no longer talk to him about real estate… He won’t really get it until it gets worse, and I don’t want to make him feel bad. My sister owns a 1M house in the OC… She owes 940K on it because of a remodel. I don’t talk to her about it either… Why? Because she isn’t going to sell, but I don’t want to keep saying I told you so…
The mob will start selling in earnest next year, or the year after. There won’t be any buyers, and the ones that need to cash out will wish that they sold out this year.
p.s. My realtor cousin has his house at 1.5M for a year now. He has only slightly dropped it’s price and can’t understand why no one will buy it. By the time he sells, he will have surrendered all his equity…. This will be a very common story – it’s the fear of losing the equity which will keep houses off the market now, and will bring them on in droves next year when the fear will be losing ALL the equity.
cyphire
ParticipantI think that there is some disconnect in the psychology of the market. Or at least our understanding of the psychology of the market.
We tend to think of they dynamic of what is happening now, not what the future portends… The idea that most homeowners have tons of equity and they can afford to never sell, and it doesn’t matter to them, to me seems absolute rubbish…
Lets look at reality. Most people who have equity due to the increased value of their homes, have refinanced to support a new type of lifestyle, one which has been increasing along with the equity…. Why has the economy done so well and why is the DOW at 13+K? The US consumer. As we all know the average person in this country has a negative savings rate! We don’t save! We spend! It’s what keeps the roller coaster going. Where I used to live in Carmel Valley – as peoples houses went up in value, they bought vacation homes, they bought new cars, boats, went out to eat all the time, etc. New kitchens, remodels, granite everything, timeshares, European vacations…. All with borrowed money. With huge income taxes, 6% sales commissions, and supporting an ever increasing lifestyle quality, many of the same people who claim that they have this fictitious equity have lived comfortably because that was their nest egg… As interest rates were so low, they refinanced – into ARM’s, etc.
Now if the pain stopped now – no problem for most…. What happens if prices go down 10-20 percent over the next year… Or even just 7%? What happens if this happens in 08, 09, 10, and 11?
Think about it! Everyone said there would be a new top each year for 10-15 years…. and it came true… But now that the sentiment is going the other way, everyone calls the bottom by late ’08!!!! There won’t be a bottom for a long time. It’s in the cards – because as it gets worse and worse, as credit tightens, buyers are scared, sellers are scared and this pretend equity which has been spent in the economy gets smaller and smaller… Till – only the real savers, the people who live within their means will be ok… That is NOT the vast majority of the southern California lifestyle!
One more point about rubbing it in…. When we were still going up my cousin (in real estate in Malibu and Calabassas) crowed about how well the market was doing. When the tide turned I spent a lot of time trying to get him to understand what was happening and what was going to happen. Now that the tide has turned, and yet the real pain hasn’t even begun to start (it really hasn’t yet!) I no longer talk to him about real estate… He won’t really get it until it gets worse, and I don’t want to make him feel bad. My sister owns a 1M house in the OC… She owes 940K on it because of a remodel. I don’t talk to her about it either… Why? Because she isn’t going to sell, but I don’t want to keep saying I told you so…
The mob will start selling in earnest next year, or the year after. There won’t be any buyers, and the ones that need to cash out will wish that they sold out this year.
p.s. My realtor cousin has his house at 1.5M for a year now. He has only slightly dropped it’s price and can’t understand why no one will buy it. By the time he sells, he will have surrendered all his equity…. This will be a very common story – it’s the fear of losing the equity which will keep houses off the market now, and will bring them on in droves next year when the fear will be losing ALL the equity.
cyphire
ParticipantSorry – hate to be a contrarian here, or perhaps I’ll just play devil’s advocate.
First of all – understand, that I take personal responsibility to an absolute level… I am FULLY responsible for my own actions and thats my credo. But I have had the benefit of education, intelligence, and a career in business as a leader, not one of the ‘downtrodden workers!’.
The American consumer is playing in a rigged game. You claim that people have only themselves to blame, but they are the product of marketing and conmanship… (Is that a word?). Take a very hard working assembly guy. Sober most of the time, gets to work on time, plays with his kids, watches TV. He is pounded from all sides by a constant blare of low interest rates, you must act quickly, you will be priced out of market forever, rates will never be this low, trust us – we are the most honest and honorable company, look how much money your neighbors all are making, don’t worry if the paperwork doesn’t match our promises, they are complex documents and if you don’t sign you lose your deposit (and your house – which by the way will be more expensive if you start all over.)…
It’s not greed. That should be reserved for the folks who gave their credit out for the purchase of 5 houses in their name…. Most of the people who are going to be smacked in the meltdown weren’t speculating that they would get rich from their ownership, that was just a potential side benefit.
A salesman’s job is to put people in pain. But the most pernicious group of savage money stealers have been lying to people who, by all accounts, don’t really understand economics, interest rates, economic cycles, or many of the other things that someone needs to make an informed decision.
By the time some of these slick Real estate LIARS, mortgage LIARS, investment counselor LIARS, TV Advertisement LIARS, government policy makers (You Mr. Greenspan), and anyone else making Ferrari buying money (p.s. It was never the case that Realtors could live in the neighborhoods they sold, now they live in the neighborhoods above the stuff they sell! – of course 90% of them will be looking for work soon….) got through with the general consumer the game was over.
Hey – my core values agree with all of the posters in this thread. And I am NOT interested in bailing anyone out (except by a 10 year tax on the real estate agents, mortgage agencies, and a whopping payback by the wall street crowd) but lets try to realize that it’s very, very hard to resist this kind of assault.
A lot of what is going on right now is “I told you so”, and “Look – I didn’t get taken – so you are an idiot”…. But our ENTIRE culture is based on marketing crap to people which they don’t need. It also is the driving force in our economy. A bunch of hucksters took the rubes for all their dough! But don’t come down too harshly on the rubes.
If I had a 11th grade education, made 30K per year, and was constantly barraged by very, very, VERY sophisticated folks who’s job was to get me to sign, and I saw the opportunity to own a home (and with it the ABSOLUTE promise that it would only increase in value), I would have signed too. If I was middle class and made 90K and saw that prices were going up every year and that soon, very soon I would NEVER be able to buy (I would be priced out), I would have bought as well… Not for greed, but just to be able to keep my kids and family in a nice neighborhood.
This market wasn’t created by greedy people looking to get rich, it was created by an incredibly greedy real estate cartel of Realtors, Mortgage brokers, Wall street finance cheaters, and our government looking for short term success to be reelected. Not by the vast majority of the buyers.
Just my 2 cents…. Don’t be so hard on the little guy.
cyphire
ParticipantSorry – hate to be a contrarian here, or perhaps I’ll just play devil’s advocate.
First of all – understand, that I take personal responsibility to an absolute level… I am FULLY responsible for my own actions and thats my credo. But I have had the benefit of education, intelligence, and a career in business as a leader, not one of the ‘downtrodden workers!’.
The American consumer is playing in a rigged game. You claim that people have only themselves to blame, but they are the product of marketing and conmanship… (Is that a word?). Take a very hard working assembly guy. Sober most of the time, gets to work on time, plays with his kids, watches TV. He is pounded from all sides by a constant blare of low interest rates, you must act quickly, you will be priced out of market forever, rates will never be this low, trust us – we are the most honest and honorable company, look how much money your neighbors all are making, don’t worry if the paperwork doesn’t match our promises, they are complex documents and if you don’t sign you lose your deposit (and your house – which by the way will be more expensive if you start all over.)…
It’s not greed. That should be reserved for the folks who gave their credit out for the purchase of 5 houses in their name…. Most of the people who are going to be smacked in the meltdown weren’t speculating that they would get rich from their ownership, that was just a potential side benefit.
A salesman’s job is to put people in pain. But the most pernicious group of savage money stealers have been lying to people who, by all accounts, don’t really understand economics, interest rates, economic cycles, or many of the other things that someone needs to make an informed decision.
By the time some of these slick Real estate LIARS, mortgage LIARS, investment counselor LIARS, TV Advertisement LIARS, government policy makers (You Mr. Greenspan), and anyone else making Ferrari buying money (p.s. It was never the case that Realtors could live in the neighborhoods they sold, now they live in the neighborhoods above the stuff they sell! – of course 90% of them will be looking for work soon….) got through with the general consumer the game was over.
Hey – my core values agree with all of the posters in this thread. And I am NOT interested in bailing anyone out (except by a 10 year tax on the real estate agents, mortgage agencies, and a whopping payback by the wall street crowd) but lets try to realize that it’s very, very hard to resist this kind of assault.
A lot of what is going on right now is “I told you so”, and “Look – I didn’t get taken – so you are an idiot”…. But our ENTIRE culture is based on marketing crap to people which they don’t need. It also is the driving force in our economy. A bunch of hucksters took the rubes for all their dough! But don’t come down too harshly on the rubes.
If I had a 11th grade education, made 30K per year, and was constantly barraged by very, very, VERY sophisticated folks who’s job was to get me to sign, and I saw the opportunity to own a home (and with it the ABSOLUTE promise that it would only increase in value), I would have signed too. If I was middle class and made 90K and saw that prices were going up every year and that soon, very soon I would NEVER be able to buy (I would be priced out), I would have bought as well… Not for greed, but just to be able to keep my kids and family in a nice neighborhood.
This market wasn’t created by greedy people looking to get rich, it was created by an incredibly greedy real estate cartel of Realtors, Mortgage brokers, Wall street finance cheaters, and our government looking for short term success to be reelected. Not by the vast majority of the buyers.
Just my 2 cents…. Don’t be so hard on the little guy.
cyphire
ParticipantSorry – hate to be a contrarian here, or perhaps I’ll just play devil’s advocate.
First of all – understand, that I take personal responsibility to an absolute level… I am FULLY responsible for my own actions and thats my credo. But I have had the benefit of education, intelligence, and a career in business as a leader, not one of the ‘downtrodden workers!’.
The American consumer is playing in a rigged game. You claim that people have only themselves to blame, but they are the product of marketing and conmanship… (Is that a word?). Take a very hard working assembly guy. Sober most of the time, gets to work on time, plays with his kids, watches TV. He is pounded from all sides by a constant blare of low interest rates, you must act quickly, you will be priced out of market forever, rates will never be this low, trust us – we are the most honest and honorable company, look how much money your neighbors all are making, don’t worry if the paperwork doesn’t match our promises, they are complex documents and if you don’t sign you lose your deposit (and your house – which by the way will be more expensive if you start all over.)…
It’s not greed. That should be reserved for the folks who gave their credit out for the purchase of 5 houses in their name…. Most of the people who are going to be smacked in the meltdown weren’t speculating that they would get rich from their ownership, that was just a potential side benefit.
A salesman’s job is to put people in pain. But the most pernicious group of savage money stealers have been lying to people who, by all accounts, don’t really understand economics, interest rates, economic cycles, or many of the other things that someone needs to make an informed decision.
By the time some of these slick Real estate LIARS, mortgage LIARS, investment counselor LIARS, TV Advertisement LIARS, government policy makers (You Mr. Greenspan), and anyone else making Ferrari buying money (p.s. It was never the case that Realtors could live in the neighborhoods they sold, now they live in the neighborhoods above the stuff they sell! – of course 90% of them will be looking for work soon….) got through with the general consumer the game was over.
Hey – my core values agree with all of the posters in this thread. And I am NOT interested in bailing anyone out (except by a 10 year tax on the real estate agents, mortgage agencies, and a whopping payback by the wall street crowd) but lets try to realize that it’s very, very hard to resist this kind of assault.
A lot of what is going on right now is “I told you so”, and “Look – I didn’t get taken – so you are an idiot”…. But our ENTIRE culture is based on marketing crap to people which they don’t need. It also is the driving force in our economy. A bunch of hucksters took the rubes for all their dough! But don’t come down too harshly on the rubes.
If I had a 11th grade education, made 30K per year, and was constantly barraged by very, very, VERY sophisticated folks who’s job was to get me to sign, and I saw the opportunity to own a home (and with it the ABSOLUTE promise that it would only increase in value), I would have signed too. If I was middle class and made 90K and saw that prices were going up every year and that soon, very soon I would NEVER be able to buy (I would be priced out), I would have bought as well… Not for greed, but just to be able to keep my kids and family in a nice neighborhood.
This market wasn’t created by greedy people looking to get rich, it was created by an incredibly greedy real estate cartel of Realtors, Mortgage brokers, Wall street finance cheaters, and our government looking for short term success to be reelected. Not by the vast majority of the buyers.
Just my 2 cents…. Don’t be so hard on the little guy.
cyphire
ParticipantGreat schools?
Also – the comments about wealthy pitchers, etc. living here… So what? Actors… So What? These are the extremely tiny segment of our society which makes the huge money and has no basis in reality. For every wealthy pitcher, there are 600 somewhat struggling middle class, college educated people living cheek and jowl with non stop building, tiny lots, tiny crappy houses at McMansion prices.
The builder who built our last addition just built David Wells a home overlooking San Diego County in Cielo? (Forget which actual neighborhood but I saw the pad when the started). David Wells was just cut from the Padres (but I think they might be changing their mind.)…. Do you really think it matters if he has a job here or not? Or if he cares if he has another 5M$ house in this town or not?
You can’t base an economy on the tiny sliver of top earners who might and might not live here, just as you should exclude all the home sales on the water here in SD from the statistic pool. These areas and homes are the exception, not the rule and they just cloud the true numbers.
I wouldn’t be surprised if the water and Rancho holds up, it has more to do with who has money than the general economy.
As to NYC being a broken down Audi…. Whew! That’s only true if you make less than $250K per year. For the $250K-5M/year crowd it’s the Bentley or the Maybach. I’m guessing that you never lived there or could afford to.
I’ve heard lots of different perspectives here – and I think we might agree that everyone is correct! Where you live is about your history, your perspective, your income, and your lifestyle choices. In lots of ways this place is paradise! If I surfed, was tan, was very casual and laid back this place would be a paradise to me. If I lived here for 20 years and had tons of long term friends same deal. I still like it here, but it is shallow and empty for me – it’s my perspective based on my life. One thing for sure though… If I was more income limited, this would be among my least favorite places just as NYC would be as well.
cyphire
ParticipantGreat schools?
Also – the comments about wealthy pitchers, etc. living here… So what? Actors… So What? These are the extremely tiny segment of our society which makes the huge money and has no basis in reality. For every wealthy pitcher, there are 600 somewhat struggling middle class, college educated people living cheek and jowl with non stop building, tiny lots, tiny crappy houses at McMansion prices.
The builder who built our last addition just built David Wells a home overlooking San Diego County in Cielo? (Forget which actual neighborhood but I saw the pad when the started). David Wells was just cut from the Padres (but I think they might be changing their mind.)…. Do you really think it matters if he has a job here or not? Or if he cares if he has another 5M$ house in this town or not?
You can’t base an economy on the tiny sliver of top earners who might and might not live here, just as you should exclude all the home sales on the water here in SD from the statistic pool. These areas and homes are the exception, not the rule and they just cloud the true numbers.
I wouldn’t be surprised if the water and Rancho holds up, it has more to do with who has money than the general economy.
As to NYC being a broken down Audi…. Whew! That’s only true if you make less than $250K per year. For the $250K-5M/year crowd it’s the Bentley or the Maybach. I’m guessing that you never lived there or could afford to.
I’ve heard lots of different perspectives here – and I think we might agree that everyone is correct! Where you live is about your history, your perspective, your income, and your lifestyle choices. In lots of ways this place is paradise! If I surfed, was tan, was very casual and laid back this place would be a paradise to me. If I lived here for 20 years and had tons of long term friends same deal. I still like it here, but it is shallow and empty for me – it’s my perspective based on my life. One thing for sure though… If I was more income limited, this would be among my least favorite places just as NYC would be as well.
cyphire
ParticipantGreat schools?
Also – the comments about wealthy pitchers, etc. living here… So what? Actors… So What? These are the extremely tiny segment of our society which makes the huge money and has no basis in reality. For every wealthy pitcher, there are 600 somewhat struggling middle class, college educated people living cheek and jowl with non stop building, tiny lots, tiny crappy houses at McMansion prices.
The builder who built our last addition just built David Wells a home overlooking San Diego County in Cielo? (Forget which actual neighborhood but I saw the pad when the started). David Wells was just cut from the Padres (but I think they might be changing their mind.)…. Do you really think it matters if he has a job here or not? Or if he cares if he has another 5M$ house in this town or not?
You can’t base an economy on the tiny sliver of top earners who might and might not live here, just as you should exclude all the home sales on the water here in SD from the statistic pool. These areas and homes are the exception, not the rule and they just cloud the true numbers.
I wouldn’t be surprised if the water and Rancho holds up, it has more to do with who has money than the general economy.
As to NYC being a broken down Audi…. Whew! That’s only true if you make less than $250K per year. For the $250K-5M/year crowd it’s the Bentley or the Maybach. I’m guessing that you never lived there or could afford to.
I’ve heard lots of different perspectives here – and I think we might agree that everyone is correct! Where you live is about your history, your perspective, your income, and your lifestyle choices. In lots of ways this place is paradise! If I surfed, was tan, was very casual and laid back this place would be a paradise to me. If I lived here for 20 years and had tons of long term friends same deal. I still like it here, but it is shallow and empty for me – it’s my perspective based on my life. One thing for sure though… If I was more income limited, this would be among my least favorite places just as NYC would be as well.
cyphire
ParticipantI agree with all you say about San Diego… It doesn’t have the urban toughness, etc. I was on Long Island (outside of NYC) driving to my old company about a year and a half ago. I was crawling on the Long Island Expressway, there was a driving freezing rain, I couldn’t see anything, was cold and miserable, and the traffic went 10 miles an hour for 2 hours.
I kept telling myself that thank god I live in SD.
The problem is that there is so much missing out here. And to the previous poster – you can watch TV either here or Ohio, but your mortgage precludes you from relaxing in SD.
Now I say THANK GOD I sold my house in Dec 2006 and am renting!
To the poster that talked about the dog beach, the skiing, ect., these are nice but the rest of the country has awesome stuff to do as well.
In NY I could drive up to ski, could go to the beach (warm water), could go play golf, go to real museums and real theater (still like the Old Globe, but it’s not Broadway!), and the clubs were fantastic. It’s a different fast paced lifestyle, but Central Park is amazing… truly amazing. Balboa Park doesn’t cut it because it isn’t an oasis like CP is. I still want to be here, not NY… NY is for when you are 20 something (like PB), but for every attraction and cool thing about San Diego, I can name 5 in any other city.
p.s. New York has real weather. that is very, very cool. It is also a pain in the ass. But sometimes the neutral warmth of SD isn’t so awesome either. We live in La Jolla and it was basically cold and damp this winter. Not freezing, but not like a warm tropical island
cyphire
ParticipantI agree with all you say about San Diego… It doesn’t have the urban toughness, etc. I was on Long Island (outside of NYC) driving to my old company about a year and a half ago. I was crawling on the Long Island Expressway, there was a driving freezing rain, I couldn’t see anything, was cold and miserable, and the traffic went 10 miles an hour for 2 hours.
I kept telling myself that thank god I live in SD.
The problem is that there is so much missing out here. And to the previous poster – you can watch TV either here or Ohio, but your mortgage precludes you from relaxing in SD.
Now I say THANK GOD I sold my house in Dec 2006 and am renting!
To the poster that talked about the dog beach, the skiing, ect., these are nice but the rest of the country has awesome stuff to do as well.
In NY I could drive up to ski, could go to the beach (warm water), could go play golf, go to real museums and real theater (still like the Old Globe, but it’s not Broadway!), and the clubs were fantastic. It’s a different fast paced lifestyle, but Central Park is amazing… truly amazing. Balboa Park doesn’t cut it because it isn’t an oasis like CP is. I still want to be here, not NY… NY is for when you are 20 something (like PB), but for every attraction and cool thing about San Diego, I can name 5 in any other city.
p.s. New York has real weather. that is very, very cool. It is also a pain in the ass. But sometimes the neutral warmth of SD isn’t so awesome either. We live in La Jolla and it was basically cold and damp this winter. Not freezing, but not like a warm tropical island
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