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EugeneParticipant
The fire will reduce supply and increase demand for houses. (For rental apartments, too.) Ergo, prices go up. Not so much (or not at all) in peripheral areas – it’ll be hard to sell a house that sits on the edge of thousands of acres of dry grass waiting for the next wildfire. More so – in safe areas like LJ, PB, Clairemont.
EugeneParticipantThe fire will reduce supply and increase demand for houses. (For rental apartments, too.) Ergo, prices go up. Not so much (or not at all) in peripheral areas – it’ll be hard to sell a house that sits on the edge of thousands of acres of dry grass waiting for the next wildfire. More so – in safe areas like LJ, PB, Clairemont.
EugeneParticipantThe fire will reduce supply and increase demand for houses. (For rental apartments, too.) Ergo, prices go up. Not so much (or not at all) in peripheral areas – it’ll be hard to sell a house that sits on the edge of thousands of acres of dry grass waiting for the next wildfire. More so – in safe areas like LJ, PB, Clairemont.
EugeneParticipantFrom UT fire blog
“The hardest hit areas were all in the northeastern part of Poway. The neighborhoods of Maderas and Highland Ranch and houses on Old Coach Road and St. Andrews Drive were especially hard hit”this makes no sense, Highland Ranch is nowhere near that.
EugeneParticipantFrom UT fire blog
“The hardest hit areas were all in the northeastern part of Poway. The neighborhoods of Maderas and Highland Ranch and houses on Old Coach Road and St. Andrews Drive were especially hard hit”this makes no sense, Highland Ranch is nowhere near that.
EugeneParticipantFrom UT fire blog
“The hardest hit areas were all in the northeastern part of Poway. The neighborhoods of Maderas and Highland Ranch and houses on Old Coach Road and St. Andrews Drive were especially hard hit”this makes no sense, Highland Ranch is nowhere near that.
EugeneParticipantI hope so … I don’t see how it could get to Highland Ranch Road, there’s no undeveloped land in the area. It would half to burn through half of Poway to get there. It would be top news.
Either it is an isolated fire or they meant Highland _Valley_ Road, IMHOEugeneParticipantI hope so … I don’t see how it could get to Highland Ranch Road, there’s no undeveloped land in the area. It would half to burn through half of Poway to get there. It would be top news.
Either it is an isolated fire or they meant Highland _Valley_ Road, IMHOEugeneParticipantI hope so … I don’t see how it could get to Highland Ranch Road, there’s no undeveloped land in the area. It would half to burn through half of Poway to get there. It would be top news.
Either it is an isolated fire or they meant Highland _Valley_ Road, IMHOEugeneParticipantI was in Ramona an hour ago. Westbound 67 was pretty congested. And that was before they announced the evacuation of the entire town. Interestingly, HVR was nearly empty.
Don’t go there sightseeing. You’ll make it harder for people to evacuate and you risk getting stuck in traffic on your way back. There’s nothing there to see, anyway.
EugeneParticipantI was in Ramona an hour ago. Westbound 67 was pretty congested. And that was before they announced the evacuation of the entire town. Interestingly, HVR was nearly empty.
Don’t go there sightseeing. You’ll make it harder for people to evacuate and you risk getting stuck in traffic on your way back. There’s nothing there to see, anyway.
EugeneParticipantSo, this bank will hold my money in their vaults, they won’t pay me any interest, and they will actually charge me fees for doing that? And I have to travel to Switzerland to open an account?
How is that better than having a wad of cash under my mattress?
More interestingly, how is that better than having a swiss franc valued CD @ Everbank (well under FDIC limits, of course)?EugeneParticipantSo, this bank will hold my money in their vaults, they won’t pay me any interest, and they will actually charge me fees for doing that? And I have to travel to Switzerland to open an account?
How is that better than having a wad of cash under my mattress?
More interestingly, how is that better than having a swiss franc valued CD @ Everbank (well under FDIC limits, of course)?EugeneParticipantRB, I’m mostly with you, but with one important caveat. Right now foreign investment in the U.S. is 80% fixed-interest dollar denominated debt and 20% stocks and DI. Printing money can tip the balance in favor of “tangible assets” (stocks). There was a short period of time recently when share of stocks in foreign investment exceeded 50%. It was in 1998 and 1999.
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