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October 19, 2007 at 1:02 PM in reply to: Ground Floor Observations on Construction and Local Banks #90194October 19, 2007 at 1:02 PM in reply to: Ground Floor Observations on Construction and Local Banks #90183
FoamFinger1
ParticipantGreat post Davelj, I posted several weeks ago regarding the Avalon condo project in Pacific Beach. This project and the Balboa Park project by Mayfair Homes seems to fit your observation perfectly.
October 19, 2007 at 8:24 AM in reply to: Grrrr…Can’t stand people like my neighbors that want to plant so much crap on such a small lot. #90131ParticipantIs HOA french for chainsaw ? 🙂
October 19, 2007 at 8:24 AM in reply to: Grrrr…Can’t stand people like my neighbors that want to plant so much crap on such a small lot. #90122ParticipantIs HOA french for chainsaw ? 🙂
ParticipantThe money gets buried in a big hole outside Sac. Unfortunately, nobody kept a map of all the hiding spots.
ParticipantThe money gets buried in a big hole outside Sac. Unfortunately, nobody kept a map of all the hiding spots.
Participant“how about an executive whose corporation gives him $15 million mortgage to buy a house?”
How about a housing allowance to a CEO since 1995? 12 years of this nonsense…
Participant“I believe that most of the people losing their homes got in over their heads due to their own foolishness.”
Some even heloc’d their way into new BMW’s and motorhomes and boats. They get to keep all this without any ‘tax acknowledgement’ of the gains required to purchase these items.
“But there are also some people who have run into hard times due to a crisis and they need help.”
There is BK for those on hard times and I have no problem with those situations. Although, Driving your new $85K BMW to the marina to sail around your new $200K boat, all income tax free should be against the rules.
October 4, 2007 at 7:46 AM in reply to: Housing prices in free fall along Mount Soledad Road in La Jolla #86924ParticipantWhen is the benefit concert scheduled? We need Bono or some other celeb to do a song.
“We are the children…of La Jolla…the silver spoon of my childhood is sliding down into Rose Canyon…we are the world…the children of somalia have no food, I lost my spoon…we are the world…”
or something to that effect.
October 3, 2007 at 1:28 PM in reply to: Housing prices in free fall along Mount Soledad Road in La Jolla #86853ParticipantAnd I make the comment yesterday about a picture showing a giant crack in a patio slab on a hillside home, then read this today…holy cow!
On the “will this affect La Jolla pricing…” IMO, No.
The next time you are driving I-5 at the 52 fwy, look up at the signs of early slides. An entire gated community built right there. Some houses have no fence or property line remaining.
October 2, 2007 at 6:51 PM in reply to: 12 reductions, 533 days on market, still no buyer, Mira Mesa #86775ParticipantI like the pic showing the giant crack in the patio slab. Look out below….
Nothing says long term investment like part of your house ready to slide down into the canyon.
ParticipantIf the banks continue to hold property the distress levels will be delayed. Think of how many ways they can push the reo’s off balance sheet for more time. (start another shell company? Brown Lawn, Inc.) but then again the crazy financing that created this mess was justified and continued for over four years. So yes, much patience is needed here.
ParticipantI have to agree 100%. The town gets way out of control. The bar owners do fine. The beer distributors do fine. The people who want to LIVE in this town get stuck with the consequences. I say LIVE here, not visit, party and trash what ever they feel like. Anybody who doubts the impact of the drunken crowds just walk the Garnet and side streets. Notice how any tree with 300 Yards of a bar has been torn apart or missing completely. This is just madness to trash and destory the community one lives. Enough with the sargent Shultz do-nothing, see-nothing type of attitude from the lazy property managers. These drunken rowdies just use the under-managed apt complexs as base camps for these activities.
The future of PB, I am afraid, is what the Huntington Beach City Officials did after their summer riot in ’85-’86. There, anybody walking with a beer got tossed in the clink. Standing in your front yard (without a fence separtating from the sidewalk)with a drink got tossed in the clink, no debate, no sad story, just drug away and tossed. The drunk roudy crowd moved on.
Big changes need to happen in PB. Any half hearted attempt will be a failure.
ParticipantI have been waiting for the “moment” to occur. The moment when sales tick up or the rate of foreclosures slows ect. then the MSM will start calling this the bottom.
Are we there yet? No. Not by a long shot.
ParticipantI have been waiting for the “moment” to occur. The moment when sales tick up or the rate of foreclosures slows ect. then the MSM will start calling this the bottom.
Are we there yet? No. Not by a long shot.
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