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GoUSC
ParticipantOutside of a limited amount of biotech, tech & sporting goods (aka golf) companies San Diego has little high paying industry. The majority of the high wage earners in this town are doctors, lawyers, a few of us RE developers, and some chosen people at the select companies above. Like our airport we are a destination locale, not a center of industry. Drive north to Irvine and you can see what a true industry center is like. The only way we will become competitive is for home values to come down significantly and our government to offer tax incentives similar to what Texas and Florida offer.
My buddy moved to Texas 6 months ago. He is working for the same company as he was here, makes the same salary (little more actually) and bought a brand new 2600 sq. ft. house for $180,000 just outside Dallas. He had the choice of raising his kids in an apartment here, or a house in Texas. Which would you choose? REALLY.
We can’t compete with that, sunshine or not. The majority of people want a safe, good place to raise their families where they aren’t chained to a mortgage.
ParticipantJust because they are building new buildings doesn’t mean they will be occupied. They are largely spec and San Diego has a lot of trouble enticing companies to move here when states like Florida and Texas offer huge tax incentives, cheap housing, etc. to companies.
ParticipantJust because they are building new buildings doesn’t mean they will be occupied. They are largely spec and San Diego has a lot of trouble enticing companies to move here when states like Florida and Texas offer huge tax incentives, cheap housing, etc. to companies.
ParticipantJust because they are building new buildings doesn’t mean they will be occupied. They are largely spec and San Diego has a lot of trouble enticing companies to move here when states like Florida and Texas offer huge tax incentives, cheap housing, etc. to companies.
August 7, 2007 at 9:50 AM in reply to: Purchasing at the top just got pricier, the market is now being squeezed from two fronts #71292ParticipantOr opportunity for those of us that are buyers sitting on the sidelines. 🙂
August 7, 2007 at 9:50 AM in reply to: Purchasing at the top just got pricier, the market is now being squeezed from two fronts #71406ParticipantOr opportunity for those of us that are buyers sitting on the sidelines. 🙂
August 7, 2007 at 9:50 AM in reply to: Purchasing at the top just got pricier, the market is now being squeezed from two fronts #71411ParticipantOr opportunity for those of us that are buyers sitting on the sidelines. 🙂
ParticipantSD Realtor,
This brings up a good point. In light of the falling business overall, have you seen pressure down on commissions. Seems like there are many more hungry brokers out there that would be willing to give up some commissions to get some more listings…
ParticipantSD Realtor,
This brings up a good point. In light of the falling business overall, have you seen pressure down on commissions. Seems like there are many more hungry brokers out there that would be willing to give up some commissions to get some more listings…
ParticipantSD Realtor,
This brings up a good point. In light of the falling business overall, have you seen pressure down on commissions. Seems like there are many more hungry brokers out there that would be willing to give up some commissions to get some more listings…
ParticipantThey better not lower the damn rates. If they do Mr. Bernanke will then cement in my mind that the Fed’s job is not inflation control but Wall Street control.
ParticipantThey better not lower the damn rates. If they do Mr. Bernanke will then cement in my mind that the Fed’s job is not inflation control but Wall Street control.
ParticipantThey better not lower the damn rates. If they do Mr. Bernanke will then cement in my mind that the Fed’s job is not inflation control but Wall Street control.
ParticipantI linked to the wrong one. Read several articles about both the portfolio size being increased and the conforming limit being increased.
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