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EconProf
ParticipantI did read the whole article and found it balanced and informative. The Phoenix housing market is showing numerous signs of a bottoming out process, and I’d be an investor or owner-occupier there way before most anywhere in CA.
What Phoenix, and most of AZ has going for it that CA does not is demography. It still is the destination for retiring baby-boomers from the cold Midwest and East Coast, who now have the added incentive of a cheap Phoenix house or condo to buy. While CA drives taxpayers and businesses to neighboring states, AZ’s more sane government and lower cost of everything will attract them. California’s demographics are now changing rapidly and attracting tax users and pushing out taxpaying middle and upper income types.
CA will always have its weather and enclaves of the rich. But for economic and demographic reasons, its long-term prospects are bleak compared to other areas of the country.ParticipantI did read the whole article and found it balanced and informative. The Phoenix housing market is showing numerous signs of a bottoming out process, and I’d be an investor or owner-occupier there way before most anywhere in CA.
What Phoenix, and most of AZ has going for it that CA does not is demography. It still is the destination for retiring baby-boomers from the cold Midwest and East Coast, who now have the added incentive of a cheap Phoenix house or condo to buy. While CA drives taxpayers and businesses to neighboring states, AZ’s more sane government and lower cost of everything will attract them. California’s demographics are now changing rapidly and attracting tax users and pushing out taxpaying middle and upper income types.
CA will always have its weather and enclaves of the rich. But for economic and demographic reasons, its long-term prospects are bleak compared to other areas of the country.ParticipantI did read the whole article and found it balanced and informative. The Phoenix housing market is showing numerous signs of a bottoming out process, and I’d be an investor or owner-occupier there way before most anywhere in CA.
What Phoenix, and most of AZ has going for it that CA does not is demography. It still is the destination for retiring baby-boomers from the cold Midwest and East Coast, who now have the added incentive of a cheap Phoenix house or condo to buy. While CA drives taxpayers and businesses to neighboring states, AZ’s more sane government and lower cost of everything will attract them. California’s demographics are now changing rapidly and attracting tax users and pushing out taxpaying middle and upper income types.
CA will always have its weather and enclaves of the rich. But for economic and demographic reasons, its long-term prospects are bleak compared to other areas of the country.ParticipantSome sweeping generalizations based on our past purchases.
Almost always good brands: Kenmore, Whirlpool, Magic Chef, Maytag, although Maytag slipping lately.
Always avoid GE, whatever the appliance is: user unfriendly, breaks down, noisy refrigerators, just always predictably crap. Tough to avoid GE since they are so ubiquitous, but that has been our experience.ParticipantSome sweeping generalizations based on our past purchases.
Almost always good brands: Kenmore, Whirlpool, Magic Chef, Maytag, although Maytag slipping lately.
Always avoid GE, whatever the appliance is: user unfriendly, breaks down, noisy refrigerators, just always predictably crap. Tough to avoid GE since they are so ubiquitous, but that has been our experience.ParticipantSome sweeping generalizations based on our past purchases.
Almost always good brands: Kenmore, Whirlpool, Magic Chef, Maytag, although Maytag slipping lately.
Always avoid GE, whatever the appliance is: user unfriendly, breaks down, noisy refrigerators, just always predictably crap. Tough to avoid GE since they are so ubiquitous, but that has been our experience.ParticipantSome sweeping generalizations based on our past purchases.
Almost always good brands: Kenmore, Whirlpool, Magic Chef, Maytag, although Maytag slipping lately.
Always avoid GE, whatever the appliance is: user unfriendly, breaks down, noisy refrigerators, just always predictably crap. Tough to avoid GE since they are so ubiquitous, but that has been our experience.ParticipantSome sweeping generalizations based on our past purchases.
Almost always good brands: Kenmore, Whirlpool, Magic Chef, Maytag, although Maytag slipping lately.
Always avoid GE, whatever the appliance is: user unfriendly, breaks down, noisy refrigerators, just always predictably crap. Tough to avoid GE since they are so ubiquitous, but that has been our experience.ParticipantLong time landlord here. You’re screwed.
By letting them get weeks behind in paying rent, they now have even less incentive to pay up. If you give them a break with a rent reduction, you are showing weakness, and they will soon be back to you for more favors. The time to negotiate was as soon as their rent did not come within the (presumably) five-day grace period. At that time you could have traded, say, a 7-day move out period for some cash immediately & a release from the remaining time in the lease (or month, in the case of month-to-month rental). Just get it in writing and this will suffice to modify your existing rental agreement. Then no need to serve a 3-day notice, just go right to unlawful detainer at end of 7 days. Warn them on day 6 you are going to do this.
Every time I’ve shown mercy in the past, I’ve regretted it. But I’ll probably do it again because I’m a slow learner.ParticipantLong time landlord here. You’re screwed.
By letting them get weeks behind in paying rent, they now have even less incentive to pay up. If you give them a break with a rent reduction, you are showing weakness, and they will soon be back to you for more favors. The time to negotiate was as soon as their rent did not come within the (presumably) five-day grace period. At that time you could have traded, say, a 7-day move out period for some cash immediately & a release from the remaining time in the lease (or month, in the case of month-to-month rental). Just get it in writing and this will suffice to modify your existing rental agreement. Then no need to serve a 3-day notice, just go right to unlawful detainer at end of 7 days. Warn them on day 6 you are going to do this.
Every time I’ve shown mercy in the past, I’ve regretted it. But I’ll probably do it again because I’m a slow learner.ParticipantLong time landlord here. You’re screwed.
By letting them get weeks behind in paying rent, they now have even less incentive to pay up. If you give them a break with a rent reduction, you are showing weakness, and they will soon be back to you for more favors. The time to negotiate was as soon as their rent did not come within the (presumably) five-day grace period. At that time you could have traded, say, a 7-day move out period for some cash immediately & a release from the remaining time in the lease (or month, in the case of month-to-month rental). Just get it in writing and this will suffice to modify your existing rental agreement. Then no need to serve a 3-day notice, just go right to unlawful detainer at end of 7 days. Warn them on day 6 you are going to do this.
Every time I’ve shown mercy in the past, I’ve regretted it. But I’ll probably do it again because I’m a slow learner.ParticipantLong time landlord here. You’re screwed.
By letting them get weeks behind in paying rent, they now have even less incentive to pay up. If you give them a break with a rent reduction, you are showing weakness, and they will soon be back to you for more favors. The time to negotiate was as soon as their rent did not come within the (presumably) five-day grace period. At that time you could have traded, say, a 7-day move out period for some cash immediately & a release from the remaining time in the lease (or month, in the case of month-to-month rental). Just get it in writing and this will suffice to modify your existing rental agreement. Then no need to serve a 3-day notice, just go right to unlawful detainer at end of 7 days. Warn them on day 6 you are going to do this.
Every time I’ve shown mercy in the past, I’ve regretted it. But I’ll probably do it again because I’m a slow learner.ParticipantLong time landlord here. You’re screwed.
By letting them get weeks behind in paying rent, they now have even less incentive to pay up. If you give them a break with a rent reduction, you are showing weakness, and they will soon be back to you for more favors. The time to negotiate was as soon as their rent did not come within the (presumably) five-day grace period. At that time you could have traded, say, a 7-day move out period for some cash immediately & a release from the remaining time in the lease (or month, in the case of month-to-month rental). Just get it in writing and this will suffice to modify your existing rental agreement. Then no need to serve a 3-day notice, just go right to unlawful detainer at end of 7 days. Warn them on day 6 you are going to do this.
Every time I’ve shown mercy in the past, I’ve regretted it. But I’ll probably do it again because I’m a slow learner.ParticipantI’ve had them for years for car insurance after thorough comparison shopping. Could not get them for home insurance as they won’t take the slightest risk, & I am too close to open space area. I believe their philosophy is to be super cautious in who and what they will insure, & accordingly have about the lowest rates.
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