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Ex-SD
ParticipantOther than the “ultra-high end” of the housing market, NO ONE will be immune from the bubble bursting. Anyone who thinks that just because they’re in the better parts of north county, they won’t be affected, is going to get a strong dose of reality over the next 4-plus years. If they don’t have to sell and can stay employed and afford the home that they bought (and it doesn’t have three mortgages and a heloc) will be just fine over the very long haul (10-plus years). Those who must sell are going to be in for a world of hurt.
Nobody knows just how low prices will go before they settle on the bottom or exactly how long they will sit on the bottom but how many people are going to be eager to mortgage themselves to the hilt for that big, expensive McMansion after watching this current mess unravel?ParticipantOther than the “ultra-high end” of the housing market, NO ONE will be immune from the bubble bursting. Anyone who thinks that just because they’re in the better parts of north county, they won’t be affected, is going to get a strong dose of reality over the next 4-plus years. If they don’t have to sell and can stay employed and afford the home that they bought (and it doesn’t have three mortgages and a heloc) will be just fine over the very long haul (10-plus years). Those who must sell are going to be in for a world of hurt.
Nobody knows just how low prices will go before they settle on the bottom or exactly how long they will sit on the bottom but how many people are going to be eager to mortgage themselves to the hilt for that big, expensive McMansion after watching this current mess unravel?ParticipantOther than the “ultra-high end” of the housing market, NO ONE will be immune from the bubble bursting. Anyone who thinks that just because they’re in the better parts of north county, they won’t be affected, is going to get a strong dose of reality over the next 4-plus years. If they don’t have to sell and can stay employed and afford the home that they bought (and it doesn’t have three mortgages and a heloc) will be just fine over the very long haul (10-plus years). Those who must sell are going to be in for a world of hurt.
Nobody knows just how low prices will go before they settle on the bottom or exactly how long they will sit on the bottom but how many people are going to be eager to mortgage themselves to the hilt for that big, expensive McMansion after watching this current mess unravel?ParticipantOther than the “ultra-high end” of the housing market, NO ONE will be immune from the bubble bursting. Anyone who thinks that just because they’re in the better parts of north county, they won’t be affected, is going to get a strong dose of reality over the next 4-plus years. If they don’t have to sell and can stay employed and afford the home that they bought (and it doesn’t have three mortgages and a heloc) will be just fine over the very long haul (10-plus years). Those who must sell are going to be in for a world of hurt.
Nobody knows just how low prices will go before they settle on the bottom or exactly how long they will sit on the bottom but how many people are going to be eager to mortgage themselves to the hilt for that big, expensive McMansion after watching this current mess unravel?Participantibjames: You know………….you are absolutely correct. I’m going to ignore the silly, SOB from this point forward.
It’s analogous to the old story about the two reasons why you should never attempt to teach a pig to sing.
1. You’re wasting your time
………..and
2. It just annoys the pig.Participantibjames: You know………….you are absolutely correct. I’m going to ignore the silly, SOB from this point forward.
It’s analogous to the old story about the two reasons why you should never attempt to teach a pig to sing.
1. You’re wasting your time
………..and
2. It just annoys the pig.Participantibjames: You know………….you are absolutely correct. I’m going to ignore the silly, SOB from this point forward.
It’s analogous to the old story about the two reasons why you should never attempt to teach a pig to sing.
1. You’re wasting your time
………..and
2. It just annoys the pig.Participantibjames: You know………….you are absolutely correct. I’m going to ignore the silly, SOB from this point forward.
It’s analogous to the old story about the two reasons why you should never attempt to teach a pig to sing.
1. You’re wasting your time
………..and
2. It just annoys the pig.Participantibjames: You know………….you are absolutely correct. I’m going to ignore the silly, SOB from this point forward.
It’s analogous to the old story about the two reasons why you should never attempt to teach a pig to sing.
1. You’re wasting your time
………..and
2. It just annoys the pig.ParticipantQuote:
“EX-SD, WTF do you even care about sd homes if you don’t live here. You act like an expert but you don’t live here. You get the award for loser #2 of this board.”Alex, I sold my home and a second residence that I used for rental income (both in Leucadia and both paid for) when I saw what the future was going to bring to housing prices in SoCal. I cashed out and got the hell out of the state. I lived in north county coastal San Diego for 32 years so based on the facts…………..who’s the doofus?
For someone who didn’t even know what WSJ stood for (I also remember your post), you are truly the “Bozo the clown” of this forum.
You really need to double your daily dose of lithium and xanax.ParticipantQuote:
“EX-SD, WTF do you even care about sd homes if you don’t live here. You act like an expert but you don’t live here. You get the award for loser #2 of this board.”Alex, I sold my home and a second residence that I used for rental income (both in Leucadia and both paid for) when I saw what the future was going to bring to housing prices in SoCal. I cashed out and got the hell out of the state. I lived in north county coastal San Diego for 32 years so based on the facts…………..who’s the doofus?
For someone who didn’t even know what WSJ stood for (I also remember your post), you are truly the “Bozo the clown” of this forum.
You really need to double your daily dose of lithium and xanax.ParticipantQuote:
“EX-SD, WTF do you even care about sd homes if you don’t live here. You act like an expert but you don’t live here. You get the award for loser #2 of this board.”Alex, I sold my home and a second residence that I used for rental income (both in Leucadia and both paid for) when I saw what the future was going to bring to housing prices in SoCal. I cashed out and got the hell out of the state. I lived in north county coastal San Diego for 32 years so based on the facts…………..who’s the doofus?
For someone who didn’t even know what WSJ stood for (I also remember your post), you are truly the “Bozo the clown” of this forum.
You really need to double your daily dose of lithium and xanax.ParticipantQuote:
“EX-SD, WTF do you even care about sd homes if you don’t live here. You act like an expert but you don’t live here. You get the award for loser #2 of this board.”Alex, I sold my home and a second residence that I used for rental income (both in Leucadia and both paid for) when I saw what the future was going to bring to housing prices in SoCal. I cashed out and got the hell out of the state. I lived in north county coastal San Diego for 32 years so based on the facts…………..who’s the doofus?
For someone who didn’t even know what WSJ stood for (I also remember your post), you are truly the “Bozo the clown” of this forum.
You really need to double your daily dose of lithium and xanax.ParticipantQuote:
“EX-SD, WTF do you even care about sd homes if you don’t live here. You act like an expert but you don’t live here. You get the award for loser #2 of this board.”Alex, I sold my home and a second residence that I used for rental income (both in Leucadia and both paid for) when I saw what the future was going to bring to housing prices in SoCal. I cashed out and got the hell out of the state. I lived in north county coastal San Diego for 32 years so based on the facts…………..who’s the doofus?
For someone who didn’t even know what WSJ stood for (I also remember your post), you are truly the “Bozo the clown” of this forum.
You really need to double your daily dose of lithium and xanax. -
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