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(former)FormerSanDiegan
ParticipantConsider this as an investment with a 4.2% dividend (3000*12/849000)*100. Now, we all know that real estate appreciates by 10% annually. You know that RE investing is all about capital appreciation. This property gives you that PLUS a 4.2% dividend. Compare that to the S&P 500 which pays less than a 2% dividend.
That’s why that property is worth 850K. Heck, if you measured the price in bags of rice, you’d realize that it’s at an all time low. Once people price in future appreciation, prices should go up from here. This property beats the 2% you’re getting in your passbook savings account. Plus, they aren’t making any more land in the OC. [/sarcasm]April 24, 2008 at 9:44 AM in reply to: When even walmart starts rationing rice, we good some serious issues :) #193692ParticipantI feel like I have been transported back to 1974.
Time to get out the WIN buttons …
http://en.wikipedia.org/wiki/Whip_Inflation_Now
And you thought stimulus checks were a bad idea.
I think what comes next is a GW Bush button campaign that goes something like: “Send Us Check Kwick”
April 24, 2008 at 9:44 AM in reply to: When even walmart starts rationing rice, we good some serious issues :) #193719ParticipantI feel like I have been transported back to 1974.
Time to get out the WIN buttons …
http://en.wikipedia.org/wiki/Whip_Inflation_Now
And you thought stimulus checks were a bad idea.
I think what comes next is a GW Bush button campaign that goes something like: “Send Us Check Kwick”
April 24, 2008 at 9:44 AM in reply to: When even walmart starts rationing rice, we good some serious issues :) #193749ParticipantI feel like I have been transported back to 1974.
Time to get out the WIN buttons …
http://en.wikipedia.org/wiki/Whip_Inflation_Now
And you thought stimulus checks were a bad idea.
I think what comes next is a GW Bush button campaign that goes something like: “Send Us Check Kwick”
April 24, 2008 at 9:44 AM in reply to: When even walmart starts rationing rice, we good some serious issues :) #193765ParticipantI feel like I have been transported back to 1974.
Time to get out the WIN buttons …
http://en.wikipedia.org/wiki/Whip_Inflation_Now
And you thought stimulus checks were a bad idea.
I think what comes next is a GW Bush button campaign that goes something like: “Send Us Check Kwick”
April 24, 2008 at 9:44 AM in reply to: When even walmart starts rationing rice, we good some serious issues :) #193811ParticipantI feel like I have been transported back to 1974.
Time to get out the WIN buttons …
http://en.wikipedia.org/wiki/Whip_Inflation_Now
And you thought stimulus checks were a bad idea.
I think what comes next is a GW Bush button campaign that goes something like: “Send Us Check Kwick”
ParticipantFor Central San Diego the obvious typical average neighborhood is Clairemont.
It was built out in the early 1960’s. Some parts are nicer (e.g. Mount streets or West Caliremont/Bay Ho /Bay Park). Some parts aren’t so nice. No room to build out. No recent massive development. Prices tend to hover around the median for existing SFRs. This was true in the mid-1990s and still holds today.ParticipantFor Central San Diego the obvious typical average neighborhood is Clairemont.
It was built out in the early 1960’s. Some parts are nicer (e.g. Mount streets or West Caliremont/Bay Ho /Bay Park). Some parts aren’t so nice. No room to build out. No recent massive development. Prices tend to hover around the median for existing SFRs. This was true in the mid-1990s and still holds today.ParticipantFor Central San Diego the obvious typical average neighborhood is Clairemont.
It was built out in the early 1960’s. Some parts are nicer (e.g. Mount streets or West Caliremont/Bay Ho /Bay Park). Some parts aren’t so nice. No room to build out. No recent massive development. Prices tend to hover around the median for existing SFRs. This was true in the mid-1990s and still holds today.ParticipantFor Central San Diego the obvious typical average neighborhood is Clairemont.
It was built out in the early 1960’s. Some parts are nicer (e.g. Mount streets or West Caliremont/Bay Ho /Bay Park). Some parts aren’t so nice. No room to build out. No recent massive development. Prices tend to hover around the median for existing SFRs. This was true in the mid-1990s and still holds today.ParticipantFor Central San Diego the obvious typical average neighborhood is Clairemont.
It was built out in the early 1960’s. Some parts are nicer (e.g. Mount streets or West Caliremont/Bay Ho /Bay Park). Some parts aren’t so nice. No room to build out. No recent massive development. Prices tend to hover around the median for existing SFRs. This was true in the mid-1990s and still holds today.ParticipantIf you continue to conflate the effects of inflation with the root cause you are going to make some very bad decisions in the next several years.
I did not conflate the effect and cause of inflation. I simply pointed out one of the effects.
ParticipantIf you continue to conflate the effects of inflation with the root cause you are going to make some very bad decisions in the next several years.
I did not conflate the effect and cause of inflation. I simply pointed out one of the effects.
ParticipantIf you continue to conflate the effects of inflation with the root cause you are going to make some very bad decisions in the next several years.
I did not conflate the effect and cause of inflation. I simply pointed out one of the effects.
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