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Re last undeveloped lots in Encinitas, I nearly purchased a plant nursery undeveloped lot in 2011. I recall it was bordering the 5 and maybe .6 acres, I forgot which side.

Basically my screen on zillow was large lots and low price near the coast.

I got a large underdeveloped lot in OB instead. The correct answer in retrospect was “¿Porque no los dos?”

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I will predict another upcoming law that will boost local RE: a restoration of the SALT deduction. Nancy and Chuck both are strong supporters.

It doesn’t even need to be a complete restoration, they could cap it at 30k for example, and it still would be a big boost to both incomes and buying power of people in the 700-2.5m part of the market.

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I also read it and agree. Rich and I think mostly alike, I know we independently looked at Euro blue chips a while ago and bought in for example, we purchased our homes within a few months and 5 miles of each other at the very bottom of the market.

Relatedly, the Chad Value Investor vs the Virgin Growth Investor. Vulgar but I laughed.

http://www.creditbubblestocks.com/2021/03/the-chad-value-investor-vs-virgin.html

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25% is very possible! CAR data:

“ Statewide, the median price last month was $699,890, compared to $717,930 in December — down 3%. In January 2020, the median price was $575,160, reflecting a year-over-year rise of 22%.”

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“Tax harvesting” is very easy on fidelity. It shows all your positions by gain or loss, and the tax lots within them. Just sell the losses and small gains and hold the large gains.

As for ETFs, all of Vanguard’s are low cost and best in class.

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Picket fence replacement is one project I did entirely with my own and my brother’s labor. It was fun and possible to do in small parts.

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I was at the Aero Drive location in August 2020, and it was bad. 1/3 of the store was emptied out with no stock, and few customers there.

In 2019 visits at the same location they looked like they were doing well.

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I am a millennial by most definitions (born 1981). It doesn’t appeal to me.

Retro everything is in for us early millennials. Amalgamated is a good word that doesn’t get used in corporate names like it used to.

If you want to see some interesting items, search ebay clothing for “vintage” and “deadstock” which are 20+ year old new unopened items. I just got a Sears polo shirt from the 1970s with the original price tag on it. It’s like a time machine, and it fits great. I learned the hard way about vanity sizing however. In the 60s and 70s size 34 literally means 34 inch waist.

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4k for 4br in esco, WOW!

My 4/3 in OB has been rented to the same person for 4200 for 5 years. I knew it was a tad below market, but it seems like the cheapest OB 1 bed apartments are now $1700 and cheapest 2 beds are $2400, and there’s a bunch of 2/1 cottages over 3k.

I feel like rents jumped 10% since i checked last 6 months ago.

Here’s some recent stats:

SD prices up 13% in 2020, third best in USA.

https://www.sandiegouniontribune.com/business/story/2021-02-23/san-diego-home-prices-end-year-up-13-percent

I can’t find a rental price report published recently. Unfortunately they tend to conflict with each other because they use different sources. Giant complex rents are overrepresented.

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I buy tom yum paste in jars imported from Thailand at the Linda Vista vietnamese supermarket.

It makes good soup, but can also be added to stir fry.

It is a miracle product for me, one spoonful gives anything a Thai flavor. It is a mix of chili, lemongrass, ginger, and onion. To make a “tom yum sauce” for something like chicken, take the paste and mix with an equal part lime juice, or to reduce the intense flavor a bit, further mix with tomato paste or heinz chili sauce.

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I don’t understanding the property tax unless schools are funded differently there. You have big Mormon families, but an especially large house is only 3K?

I like both SLC and Park City, but I felt there were some downsides. SLC had an unpleasant smell everywhere. Maybe you get used to it. And I saw a lot of homeless, not concentrated but wondering around or loitering all over the place in small groups. Park City was beautiful in the off season, but basically as expensive as here.

Downtown SLC had a ton of urban amenities and was really clean, new, and organized. They also did a good job of keeping it dense but on a walkable human scale. It reminded me a lot of downtown San Jose.

My top escape to the interior West would be Phoenix. Just as cheap or cheaper as other areas, but with big city amenities. They also got the best water deal, so water is cheaper and more plentiful than NV.

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Having 1 million less in RE in this market means you’re leaving a 150k equity gain on the table in my estimation. Sounds like you might have other exposure though.

Personally I will probably hold until the next RE bubble.

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Your 16k current property tax means you paid about 1.5M.

1/3 is 500k but only 3k property taxes. That’s absurdly low rate. Some Texas and NJ suburbs pay 15-20k on a 500k house. Place with ultralow property taxes like that either have few children or have a huge non residential tax base.

What makes less sense is why a long time resident of boomer age isn’t locked into a much lower rate because of an older purchase.

Vastly lower utilities? Our gas and water isn’t especially high. Our electricity is, but also is just about the cleanest mix outside of areas blessed with lots of hydro. I am OK paying a bit extra to not use coal.

New construction may be very well insulated. But when I lived in the Midwest we hated how stuffy the house would get in winter so we opened the windows a crack or two unless it was below 20. That was expensive but fresh air is worth it.

I am not against leaving SD, but the only dry and warm climate I could enjoy would be NV or AZ. Florida and south texas are too humid and insecty, everywhere else too cold.

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I don’t know how HP is managed but I try to buy their products because in my experience they last longer and have a lot of nice design features.

At my first job here we mainly used HP laserjets that were 10+ years old and worked great. I purchased a p4014 and p3015 duplex network printers in 2008 and they don’t even get paper jams and have no problem with $22 brand toner cartridges.

All HP pcs have also lasted until they became out of date after 7-8 years. Some
even older as media servers and guest PCs. I also have HP monitors from 2005-6 that all work great. They have been demoted to side monitors but still have been used 5 days a week for 15 years. I thought one had died this year, turned out the power cord wore out and a new one fixed it.

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Shares of companies that sell goods and services at a profit, which is then distributed to shareholders.

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