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Fearful
ParticipantLong way from bottom, yet. Met a nice couple at an alumni event last night. “We’re renting in PB now, but will be looking to buy a house in the summer. Actually, maybe a condo, that we can rent out when we go to buy a house.” I told them my story about my landlord losing $1,400 a month on my house. They mumbled something about tax breaks.
Yeah, a long way from the bottom. When the gleam is gone from absolutley everyone’s eyes, that’s the bottom.
ParticipantLong way from bottom, yet. Met a nice couple at an alumni event last night. “We’re renting in PB now, but will be looking to buy a house in the summer. Actually, maybe a condo, that we can rent out when we go to buy a house.” I told them my story about my landlord losing $1,400 a month on my house. They mumbled something about tax breaks.
Yeah, a long way from the bottom. When the gleam is gone from absolutley everyone’s eyes, that’s the bottom.
ParticipantNo. In fact my data won’t even tell me if a sale is the first sale or not. But a house must sell at least twice between 1999 and today to affect the index.
Cool, thanks. For what it’s worth, C-S excludes the first sale. I think they managed to collect the data going way, way back.
ParticipantNo. In fact my data won’t even tell me if a sale is the first sale or not. But a house must sell at least twice between 1999 and today to affect the index.
Cool, thanks. For what it’s worth, C-S excludes the first sale. I think they managed to collect the data going way, way back.
ParticipantNo. In fact my data won’t even tell me if a sale is the first sale or not. But a house must sell at least twice between 1999 and today to affect the index.
Cool, thanks. For what it’s worth, C-S excludes the first sale. I think they managed to collect the data going way, way back.
ParticipantNo. In fact my data won’t even tell me if a sale is the first sale or not. But a house must sell at least twice between 1999 and today to affect the index.
Cool, thanks. For what it’s worth, C-S excludes the first sale. I think they managed to collect the data going way, way back.
ParticipantNo. In fact my data won’t even tell me if a sale is the first sale or not. But a house must sell at least twice between 1999 and today to affect the index.
Cool, thanks. For what it’s worth, C-S excludes the first sale. I think they managed to collect the data going way, way back.
ParticipantSorry if you already answered this question, but: Do you exclude the first sale of any given property?
ParticipantSorry if you already answered this question, but: Do you exclude the first sale of any given property?
ParticipantSorry if you already answered this question, but: Do you exclude the first sale of any given property?
ParticipantSorry if you already answered this question, but: Do you exclude the first sale of any given property?
ParticipantSorry if you already answered this question, but: Do you exclude the first sale of any given property?
ParticipantThings are still way, way out of balance. From the article, a 55 yo retired fire protection supervisor just bought a $1M house.
What’s wrong with this picture? 55 years old? Retired? A “fire protection supervisor”? A $1M house?!? That costs about sixty grand a year! The property tax alone is ten grand a year!
Did a giant bag of money fall from the sky into this guy’s back yard? He sure didn’t earn it from his job; did he inherit it? Make it in the real estate bubble here? Stock market? Marry well?
This is way, way out of balance. Only when weird distortions like this are gone will we have returned to sanity.
ParticipantThings are still way, way out of balance. From the article, a 55 yo retired fire protection supervisor just bought a $1M house.
What’s wrong with this picture? 55 years old? Retired? A “fire protection supervisor”? A $1M house?!? That costs about sixty grand a year! The property tax alone is ten grand a year!
Did a giant bag of money fall from the sky into this guy’s back yard? He sure didn’t earn it from his job; did he inherit it? Make it in the real estate bubble here? Stock market? Marry well?
This is way, way out of balance. Only when weird distortions like this are gone will we have returned to sanity.
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