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(former)FormerSanDiegan
ParticipantI am considering relocating to San Diego from Oregon. However, I am concerned about the illegal alien situation. Is it a safe place to live? I do not want to live in a hostile atmosphere.
Could you clarify this ?
Are you an immigrant and worried about hostility towards immigrants or are you worried about hostility from illegal immigrants.San Diego has a population of around 3 million people. Like any large city there are many safe places and some not so safe areas.
Participant… more like 1995. That’s when the S&P was last at 600.
Those were the days …
Gas prices were about $1.35 a gallon. The SD median priced house was about 165K.Participant… more like 1995. That’s when the S&P was last at 600.
Those were the days …
Gas prices were about $1.35 a gallon. The SD median priced house was about 165K.Participantmyito –
Buying now is better than having purchased in 2005.
You’ve dodged the initial decline, good for you.You have an awareness of how bad things may get.
As long as you have a plan to deal with it, I see no problem.BTW – I own a house in SD still. Sold my personal residence, but kept a rental property near the coast). I have about 50% equity (well, maybe 45% now) in it. It cash flows and I plan to hold it or replace it with other SD property in the future and continue to own something along the SD coast at least until I can retire there in 20-25 years. I contemplated selling it, but I would have guaranteed myself a ~20% hit due to selling costs and capital gains taxes, as well as depreciation recapture taxes. Plus I am lazy, and it is mostly a no-hassle situation.
Participantmyito –
Buying now is better than having purchased in 2005.
You’ve dodged the initial decline, good for you.You have an awareness of how bad things may get.
As long as you have a plan to deal with it, I see no problem.BTW – I own a house in SD still. Sold my personal residence, but kept a rental property near the coast). I have about 50% equity (well, maybe 45% now) in it. It cash flows and I plan to hold it or replace it with other SD property in the future and continue to own something along the SD coast at least until I can retire there in 20-25 years. I contemplated selling it, but I would have guaranteed myself a ~20% hit due to selling costs and capital gains taxes, as well as depreciation recapture taxes. Plus I am lazy, and it is mostly a no-hassle situation.
ParticipantI am celebrating by re-reading the S&P 500 down to 600 by Spring ’07 thread …
ParticipantI am celebrating by re-reading the S&P 500 down to 600 by Spring ’07 thread …
June 21, 2007 at 9:45 AM in reply to: Now back to our regularly scheduled programming on NOD’s #60973ParticipantWow, what a jump! I think we will see some serious discounting this fall.
Have to agree. IMO The next 18-28 months is when we’ll see the bulk of the declines for San Diego in this RE cycle.
June 21, 2007 at 9:45 AM in reply to: Now back to our regularly scheduled programming on NOD’s #61010ParticipantWow, what a jump! I think we will see some serious discounting this fall.
Have to agree. IMO The next 18-28 months is when we’ll see the bulk of the declines for San Diego in this RE cycle.
ParticipantOzzie – You need to learn how to read and count. There were at least 6 positive responses. How’s that for judgemental.
ParticipantOzzie – You need to learn how to read and count. There were at least 6 positive responses. How’s that for judgemental.
ParticipantWho is William Buffet ?
Does he own an all you can eat restaurant.I think you mean Warren Buffett.
ParticipantWho is William Buffet ?
Does he own an all you can eat restaurant.I think you mean Warren Buffett.
ParticipantAlex_angel – WHat you need to realize that in order to write for the U-T in areas related to Real Estate, the reporters have to pass the following competence exam.
Question #1. Fill in the Blank:
____________ it’s a good time to buy.
A. Rates are up, so …
B. Rates are down, so …
C. Inventory is up, so …
D. Inventory is down, so …
E. Prices are going up, so …
F. Prices are going down, so …
G. It’s spring time selling season, so …
H. It’s Fall, so …
I. It’s Winter, so …
J. It’s room temperature outside, so …
K. It’s room temperature inside, so …
L. Elections are coming up, so …
M. Elections are over, so …
N. The Baby Boomers are retiring, so …
O. The Padres are winning, so …
P. The sky is blue, so …
Q. Any or all of the Above.Question #2: True or True.
The answer to question #1 is Q. -
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