[EconProf]

BobS
This subject need not be considered far afield from real estate. We RE pessimists can sell builders’ stocks short, buy puts on them, or sell options. Can also do that for the stupid lenders, like Citigroup, Wells, WaMu, Merrill, etc.
In fact, this is a hedge for us RE owners, and thus a conservative investment philosophy, as it will cushion our net worth as the world falls apart.
Anybody here step up to the plate and do this? If not, why not?

[EconProf]

BobS
This subject need not be considered far afield from real estate. We RE pessimists can sell builders’ stocks short, buy puts on them, or sell options. Can also do that for the stupid lenders, like Citigroup, Wells, WaMu, Merrill, etc.
In fact, this is a hedge for us RE owners, and thus a conservative investment philosophy, as it will cushion our net worth as the world falls apart.
Anybody here step up to the plate and do this? If not, why not?

[EconProf]

BobS
This subject need not be considered far afield from real estate. We RE pessimists can sell builders’ stocks short, buy puts on them, or sell options. Can also do that for the stupid lenders, like Citigroup, Wells, WaMu, Merrill, etc.
In fact, this is a hedge for us RE owners, and thus a conservative investment philosophy, as it will cushion our net worth as the world falls apart.
Anybody here step up to the plate and do this? If not, why not?

[EconProf]

BobS
This subject need not be considered far afield from real estate. We RE pessimists can sell builders’ stocks short, buy puts on them, or sell options. Can also do that for the stupid lenders, like Citigroup, Wells, WaMu, Merrill, etc.
In fact, this is a hedge for us RE owners, and thus a conservative investment philosophy, as it will cushion our net worth as the world falls apart.
Anybody here step up to the plate and do this? If not, why not?

[EconProf]

BobS
This subject need not be considered far afield from real estate. We RE pessimists can sell builders’ stocks short, buy puts on them, or sell options. Can also do that for the stupid lenders, like Citigroup, Wells, WaMu, Merrill, etc.
In fact, this is a hedge for us RE owners, and thus a conservative investment philosophy, as it will cushion our net worth as the world falls apart.
Anybody here step up to the plate and do this? If not, why not?

[EconProf]

BobS I live in Santaluz, where about 90% of my neighbors complied with the order to evacuate. We did not. Fortunately, the CC&Rs of Santaluz require open vistas so we do not have the forest and brush-filled environment of nearby neighborhoods.

[EconProf]

BobS I live in Santaluz, where about 90% of my neighbors complied with the order to evacuate. We did not. Fortunately, the CC&Rs of Santaluz require open vistas so we do not have the forest and brush-filled environment of nearby neighborhoods.

[EconProf]

BobS I live in Santaluz, where about 90% of my neighbors complied with the order to evacuate. We did not. Fortunately, the CC&Rs of Santaluz require open vistas so we do not have the forest and brush-filled environment of nearby neighborhoods.

[EconProf]

BobS

[EconProf]

BobS

[EconProf]

BobS

[EconProf]

BobS

[EconProf]

BobS

[EconProf]

BobS
Raptorduck: Have followed your posts about your search for some time, & enjoyed your comments about Santaluz, where my wife and I have lived for 2+ years. Our satisfaction with Santaluz gets higher the longer we live here. The low density, strict landscaping and architectural controls, the gated aspect, and the dark skies lighting policy fit us fine–but are not for everybody. Read the CC&Rs carefully & be prepared to live with them.
Remember that part of “Santaluz” is west of the Camino Del Sur and is high density or impacted by huge power lines, so is not in your league. Also remember that there are only two gated entrances so don’t by swayed by comments by another poster about all the signs out in front on Camino Del Sur pushing open houses. There is nowhere else to put the signs for this rather large community, so they’ll bunch up there.
Given your deep analysis, I suspect you already know more about the comparative merits of Santaluz vs. the competition. You probably know more about the schools, building possibilities, etc. than I do. I only weigh in as one who has experienced the place, and who, frankly, likes tough CC&Rs.
Another observation about Santaluz: Lots of young families! This surprised us, and a lot of other residents. Where do they get their money? I dunno…techies I suspect. Anyway, with a large and growing family, that may be a consideration for you.
As to the arrogant and all-knowing RE agents…you are smart enough to not be swayed by anecdotal evidence. I’ve observed good ones and bad ones here, and with the direction of the San Diego marketplace, the pompous ones will (should) soon be humbled by the trends. Time is on your side, and if you are patient and knowledgeable, you will find the optimal place.

[EconProf]

BobS
Raptorduck: Have followed your posts about your search for some time, & enjoyed your comments about Santaluz, where my wife and I have lived for 2+ years. Our satisfaction with Santaluz gets higher the longer we live here. The low density, strict landscaping and architectural controls, the gated aspect, and the dark skies lighting policy fit us fine–but are not for everybody. Read the CC&Rs carefully & be prepared to live with them.
Remember that part of “Santaluz” is west of the Camino Del Sur and is high density or impacted by huge power lines, so is not in your league. Also remember that there are only two gated entrances so don’t by swayed by comments by another poster about all the signs out in front on Camino Del Sur pushing open houses. There is nowhere else to put the signs for this rather large community, so they’ll bunch up there.
Given your deep analysis, I suspect you already know more about the comparative merits of Santaluz vs. the competition. You probably know more about the schools, building possibilities, etc. than I do. I only weigh in as one who has experienced the place, and who, frankly, likes tough CC&Rs.
Another observation about Santaluz: Lots of young families! This surprised us, and a lot of other residents. Where do they get their money? I dunno…techies I suspect. Anyway, with a large and growing family, that may be a consideration for you.
As to the arrogant and all-knowing RE agents…you are smart enough to not be swayed by anecdotal evidence. I’ve observed good ones and bad ones here, and with the direction of the San Diego marketplace, the pompous ones will (should) soon be humbled by the trends. Time is on your side, and if you are patient and knowledgeable, you will find the optimal place.

[Author]

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