[Doofrat]

So as you can see, Interest rates are a really strong driver in the prices of houses, which is why it was so stupid for people to take on ARMs when rates were at their lowest, the only possible direction for rates to go was up, yet everybody loaded up at the worst possible time. Add to this that regulation was nil and hype was all over the place. These same factors in reverse will drive the prices down for years to come in my opinion. So from this point, 226k looks low when in reality the current prices are still too high.

[Doofrat]

That was in 95 when the interest rates were about 50% higher, lending was tighter, incomes were lower and so were overall consumer prices.
Look at the historical income and consumer price data and add it up and the prices make sense back then.

[Doofrat]

That was in 95 when the interest rates were about 50% higher, lending was tighter, incomes were lower and so were overall consumer prices.
Look at the historical income and consumer price data and add it up and the prices make sense back then.

[Doofrat]

That was in 95 when the interest rates were about 50% higher, lending was tighter, incomes were lower and so were overall consumer prices.
Look at the historical income and consumer price data and add it up and the prices make sense back then.

[Doofrat]

That was in 95 when the interest rates were about 50% higher, lending was tighter, incomes were lower and so were overall consumer prices.
Look at the historical income and consumer price data and add it up and the prices make sense back then.

[Doofrat]

That was in 95 when the interest rates were about 50% higher, lending was tighter, incomes were lower and so were overall consumer prices.
Look at the historical income and consumer price data and add it up and the prices make sense back then.

[Doofrat]

I believe that on this side of Sorrento Valley Blvd you are in the Mira Mesa school district, the other side, Del Mar.

[Doofrat]

I believe that on this side of Sorrento Valley Blvd you are in the Mira Mesa school district, the other side, Del Mar.

[Doofrat]

I believe that on this side of Sorrento Valley Blvd you are in the Mira Mesa school district, the other side, Del Mar.

[Doofrat]

I believe that on this side of Sorrento Valley Blvd you are in the Mira Mesa school district, the other side, Del Mar.

[Doofrat]

I believe that on this side of Sorrento Valley Blvd you are in the Mira Mesa school district, the other side, Del Mar.

[Doofrat]

I was expecting something like that crap apartment/house thing in North East Dido, but this is really low for the location regardless of the condition. It’ll be interesting to see what it goes for.

[Doofrat]

I was expecting something like that crap apartment/house thing in North East Dido, but this is really low for the location regardless of the condition. It’ll be interesting to see what it goes for.

[Doofrat]

I was expecting something like that crap apartment/house thing in North East Dido, but this is really low for the location regardless of the condition. It’ll be interesting to see what it goes for.

[Doofrat]

I was expecting something like that crap apartment/house thing in North East Dido, but this is really low for the location regardless of the condition. It’ll be interesting to see what it goes for.

[Author]

Posts