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DooohParticipant
BTW bearishgurl,
I just picked up a job off of 47th street just for you.Yep, It’s the same $hit hole I remember it was just months ago. The only difference I can see is the mattress’ in the front yards are wet this week. Tommarrow they’ll be mud encrusted, and will have mildew growing on them by next week. In a month you won’t even see them in the overgrown front lawn.
I’m not living here. It’s not an option. I speak for most San Diegans.
DooohParticipantBTW bearishgurl,
I just picked up a job off of 47th street just for you.Yep, It’s the same $hit hole I remember it was just months ago. The only difference I can see is the mattress’ in the front yards are wet this week. Tommarrow they’ll be mud encrusted, and will have mildew growing on them by next week. In a month you won’t even see them in the overgrown front lawn.
I’m not living here. It’s not an option. I speak for most San Diegans.
DooohParticipantBTW bearishgurl,
I just picked up a job off of 47th street just for you.Yep, It’s the same $hit hole I remember it was just months ago. The only difference I can see is the mattress’ in the front yards are wet this week. Tommarrow they’ll be mud encrusted, and will have mildew growing on them by next week. In a month you won’t even see them in the overgrown front lawn.
I’m not living here. It’s not an option. I speak for most San Diegans.
DooohParticipantI’m thinking about my kids now. If I were to stay here, I’d be putting them through this same BS decision unless San Diego housing prices dropped substantially.
Have we EVER run accross that in desirable cities in America? Detroit dropped off the map price wise but that’s place is a slum. Florida, vegas, and Pheonix come to mind as of late, but San Diego is hanging in there 5 yrs after the bust and is still priced ridiculously. But, really, can I expect San Diego to be more affordable in 20years when my kids are looking to buy? I don’t see that happening.
In the best case scenario, if SD dropped 25% from here, would I wish this on my kids? 25% off is still an obnoxious # in the big scheme of things. If I stay here the best case scenario is my kid will need to afford a quarter million dollar home to stay by their family, and raise my grandkids with me in town.
Scardy, did you take this into consideration when you bought. I gave is some passing thought, but the #’s are still horrendous in the best case, now that I really consider it. I’m setting my kids up for financial failure by staying in San Diego!
DooohParticipantI’m thinking about my kids now. If I were to stay here, I’d be putting them through this same BS decision unless San Diego housing prices dropped substantially.
Have we EVER run accross that in desirable cities in America? Detroit dropped off the map price wise but that’s place is a slum. Florida, vegas, and Pheonix come to mind as of late, but San Diego is hanging in there 5 yrs after the bust and is still priced ridiculously. But, really, can I expect San Diego to be more affordable in 20years when my kids are looking to buy? I don’t see that happening.
In the best case scenario, if SD dropped 25% from here, would I wish this on my kids? 25% off is still an obnoxious # in the big scheme of things. If I stay here the best case scenario is my kid will need to afford a quarter million dollar home to stay by their family, and raise my grandkids with me in town.
Scardy, did you take this into consideration when you bought. I gave is some passing thought, but the #’s are still horrendous in the best case, now that I really consider it. I’m setting my kids up for financial failure by staying in San Diego!
DooohParticipantI’m thinking about my kids now. If I were to stay here, I’d be putting them through this same BS decision unless San Diego housing prices dropped substantially.
Have we EVER run accross that in desirable cities in America? Detroit dropped off the map price wise but that’s place is a slum. Florida, vegas, and Pheonix come to mind as of late, but San Diego is hanging in there 5 yrs after the bust and is still priced ridiculously. But, really, can I expect San Diego to be more affordable in 20years when my kids are looking to buy? I don’t see that happening.
In the best case scenario, if SD dropped 25% from here, would I wish this on my kids? 25% off is still an obnoxious # in the big scheme of things. If I stay here the best case scenario is my kid will need to afford a quarter million dollar home to stay by their family, and raise my grandkids with me in town.
Scardy, did you take this into consideration when you bought. I gave is some passing thought, but the #’s are still horrendous in the best case, now that I really consider it. I’m setting my kids up for financial failure by staying in San Diego!
DooohParticipantI’m thinking about my kids now. If I were to stay here, I’d be putting them through this same BS decision unless San Diego housing prices dropped substantially.
Have we EVER run accross that in desirable cities in America? Detroit dropped off the map price wise but that’s place is a slum. Florida, vegas, and Pheonix come to mind as of late, but San Diego is hanging in there 5 yrs after the bust and is still priced ridiculously. But, really, can I expect San Diego to be more affordable in 20years when my kids are looking to buy? I don’t see that happening.
In the best case scenario, if SD dropped 25% from here, would I wish this on my kids? 25% off is still an obnoxious # in the big scheme of things. If I stay here the best case scenario is my kid will need to afford a quarter million dollar home to stay by their family, and raise my grandkids with me in town.
Scardy, did you take this into consideration when you bought. I gave is some passing thought, but the #’s are still horrendous in the best case, now that I really consider it. I’m setting my kids up for financial failure by staying in San Diego!
DooohParticipantI’m thinking about my kids now. If I were to stay here, I’d be putting them through this same BS decision unless San Diego housing prices dropped substantially.
Have we EVER run accross that in desirable cities in America? Detroit dropped off the map price wise but that’s place is a slum. Florida, vegas, and Pheonix come to mind as of late, but San Diego is hanging in there 5 yrs after the bust and is still priced ridiculously. But, really, can I expect San Diego to be more affordable in 20years when my kids are looking to buy? I don’t see that happening.
In the best case scenario, if SD dropped 25% from here, would I wish this on my kids? 25% off is still an obnoxious # in the big scheme of things. If I stay here the best case scenario is my kid will need to afford a quarter million dollar home to stay by their family, and raise my grandkids with me in town.
Scardy, did you take this into consideration when you bought. I gave is some passing thought, but the #’s are still horrendous in the best case, now that I really consider it. I’m setting my kids up for financial failure by staying in San Diego!
DooohParticipantGarden rd is approaching $300K, but now were pack to page 1 and the reason I made this thread.
Is $300k worth staying here. Its real easy to get caught up in the financing an buying and the excitement of owning a new home, but it’s become even more obvious that no body is questioning if they should go through with a purchase.
The thinking tends to go from, oh wow, I can actually swing this and straight into a purchase. I have the ability and maybe this is why I’m standing back and questioning “is it really the right thing to to?”. It may be a product of it actually being my $ instead of the banks?
Don’t get me wrong we’ve been looking, I’m sure poway seller hates me by now, but we keep a keen eye on the houses that pop up.
We’ve gone from looking for the cheapest shack to rehab and onto 1/2 million dollar fixers with two dwellings on the property. At leat I could make some passive income off the rental.
But then again, I take a step back, who in thier right mind wants somebody else living on their property… Yet I’m looking at it as the best option. I wouldn’t be thinking this way if I wasn’t in socal.
DooohParticipantGarden rd is approaching $300K, but now were pack to page 1 and the reason I made this thread.
Is $300k worth staying here. Its real easy to get caught up in the financing an buying and the excitement of owning a new home, but it’s become even more obvious that no body is questioning if they should go through with a purchase.
The thinking tends to go from, oh wow, I can actually swing this and straight into a purchase. I have the ability and maybe this is why I’m standing back and questioning “is it really the right thing to to?”. It may be a product of it actually being my $ instead of the banks?
Don’t get me wrong we’ve been looking, I’m sure poway seller hates me by now, but we keep a keen eye on the houses that pop up.
We’ve gone from looking for the cheapest shack to rehab and onto 1/2 million dollar fixers with two dwellings on the property. At leat I could make some passive income off the rental.
But then again, I take a step back, who in thier right mind wants somebody else living on their property… Yet I’m looking at it as the best option. I wouldn’t be thinking this way if I wasn’t in socal.
DooohParticipantGarden rd is approaching $300K, but now were pack to page 1 and the reason I made this thread.
Is $300k worth staying here. Its real easy to get caught up in the financing an buying and the excitement of owning a new home, but it’s become even more obvious that no body is questioning if they should go through with a purchase.
The thinking tends to go from, oh wow, I can actually swing this and straight into a purchase. I have the ability and maybe this is why I’m standing back and questioning “is it really the right thing to to?”. It may be a product of it actually being my $ instead of the banks?
Don’t get me wrong we’ve been looking, I’m sure poway seller hates me by now, but we keep a keen eye on the houses that pop up.
We’ve gone from looking for the cheapest shack to rehab and onto 1/2 million dollar fixers with two dwellings on the property. At leat I could make some passive income off the rental.
But then again, I take a step back, who in thier right mind wants somebody else living on their property… Yet I’m looking at it as the best option. I wouldn’t be thinking this way if I wasn’t in socal.
DooohParticipantGarden rd is approaching $300K, but now were pack to page 1 and the reason I made this thread.
Is $300k worth staying here. Its real easy to get caught up in the financing an buying and the excitement of owning a new home, but it’s become even more obvious that no body is questioning if they should go through with a purchase.
The thinking tends to go from, oh wow, I can actually swing this and straight into a purchase. I have the ability and maybe this is why I’m standing back and questioning “is it really the right thing to to?”. It may be a product of it actually being my $ instead of the banks?
Don’t get me wrong we’ve been looking, I’m sure poway seller hates me by now, but we keep a keen eye on the houses that pop up.
We’ve gone from looking for the cheapest shack to rehab and onto 1/2 million dollar fixers with two dwellings on the property. At leat I could make some passive income off the rental.
But then again, I take a step back, who in thier right mind wants somebody else living on their property… Yet I’m looking at it as the best option. I wouldn’t be thinking this way if I wasn’t in socal.
DooohParticipantGarden rd is approaching $300K, but now were pack to page 1 and the reason I made this thread.
Is $300k worth staying here. Its real easy to get caught up in the financing an buying and the excitement of owning a new home, but it’s become even more obvious that no body is questioning if they should go through with a purchase.
The thinking tends to go from, oh wow, I can actually swing this and straight into a purchase. I have the ability and maybe this is why I’m standing back and questioning “is it really the right thing to to?”. It may be a product of it actually being my $ instead of the banks?
Don’t get me wrong we’ve been looking, I’m sure poway seller hates me by now, but we keep a keen eye on the houses that pop up.
We’ve gone from looking for the cheapest shack to rehab and onto 1/2 million dollar fixers with two dwellings on the property. At leat I could make some passive income off the rental.
But then again, I take a step back, who in thier right mind wants somebody else living on their property… Yet I’m looking at it as the best option. I wouldn’t be thinking this way if I wasn’t in socal.
DooohParticipantPoway.
Every one if my family that bought there in the last 5 yrs is now in forclosure. Not one of them makes what I do, most are blue collar.
1 uncle is under water and in forclosure for 2 yrs now, another barrowed on HeLOCs and despite living in the same house for 20yrs, is just bearly hanging on. 2 cousins live with thier parents there, both grown adults with kids, the other 4 families moved to Ramona to escape the high prices to find themselves under water.
I seam to be the only one who can afford to live here, yet I’m the only one with enough sence to consider moving. I k ow this is the main stream among our 20 and 30 something friends.
I have 2 peers who can afford to live here and not be house poor. 1 is an ER dr, the other an engineer. The engineer is bearly holding on… He bought multiple properties in the boom.
It’s not a pretty picture in Sd for new families finically. Yet I’m the minority questioning the nonsense.
South of the 8 isn’t an option. Not when leaving the state is so much more financially prudent.
I layed down were I would consider living earlier in the thread. Poway, Ramona, Scripps and part of tierrasanta are the short list. I’m not out and out and in need of a home to live. I have options unlike those living paycheck to paycheck… Which is 95% of folks in my small world.
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