[jeeman]

A SWE starting in 1996 would be making in the low-$30k range. I know, because I started in 1996. 🙂

1996 was the last trough…adjust for inflation and that is the absolute floor of the San Diego market.

I believe conventional loan rates were in the 8% range in 1996. So you have to adjust based on the greater affordability.

And you have to adjust upwards for the more diversified industries that San Diego has now thanks to the dot com bubble, and for the lower interest rates.

Then you have to adjust downward for the high unemployment, but that is mostly hitting the non-college crowd, so let’s call that adjustment a wash with the diversified economy.

I think the bottom here is 1996, inflation adjusted, and interest rate adjusted (from 8% to 5%). I believe nominally, that takes us to the 2001-2002 price range.

[jeeman]

A SWE starting in 1996 would be making in the low-$30k range. I know, because I started in 1996. 🙂

1996 was the last trough…adjust for inflation and that is the absolute floor of the San Diego market.

I believe conventional loan rates were in the 8% range in 1996. So you have to adjust based on the greater affordability.

And you have to adjust upwards for the more diversified industries that San Diego has now thanks to the dot com bubble, and for the lower interest rates.

Then you have to adjust downward for the high unemployment, but that is mostly hitting the non-college crowd, so let’s call that adjustment a wash with the diversified economy.

I think the bottom here is 1996, inflation adjusted, and interest rate adjusted (from 8% to 5%). I believe nominally, that takes us to the 2001-2002 price range.

[jeeman]

A SWE starting in 1996 would be making in the low-$30k range. I know, because I started in 1996. 🙂

1996 was the last trough…adjust for inflation and that is the absolute floor of the San Diego market.

I believe conventional loan rates were in the 8% range in 1996. So you have to adjust based on the greater affordability.

And you have to adjust upwards for the more diversified industries that San Diego has now thanks to the dot com bubble, and for the lower interest rates.

Then you have to adjust downward for the high unemployment, but that is mostly hitting the non-college crowd, so let’s call that adjustment a wash with the diversified economy.

I think the bottom here is 1996, inflation adjusted, and interest rate adjusted (from 8% to 5%). I believe nominally, that takes us to the 2001-2002 price range.

[jeeman]

In the 1990s, interest rates went down from 1990 to 1996, and RE went down too. If you think higher rates would cause unaffordability in your area, then it might be better to wait for them, because house prices will compensate. If rates won’t affect affordability, and it’s purely a regional unemployment issue, house prices will go down until wages support them.

If your area is growing and housing is going to be in short supply soon, then it is probably a good time to buy.

Only buy if you plan to be there > 5 years and you are trying to get into a neighborhood.

Yes, you might save by owning over renting, but commissions and repairs could overcome that. It’s hard to say always, you gotta do what is best for you.

jeeman

[jeeman]

In the 1990s, interest rates went down from 1990 to 1996, and RE went down too. If you think higher rates would cause unaffordability in your area, then it might be better to wait for them, because house prices will compensate. If rates won’t affect affordability, and it’s purely a regional unemployment issue, house prices will go down until wages support them.

If your area is growing and housing is going to be in short supply soon, then it is probably a good time to buy.

Only buy if you plan to be there > 5 years and you are trying to get into a neighborhood.

Yes, you might save by owning over renting, but commissions and repairs could overcome that. It’s hard to say always, you gotta do what is best for you.

jeeman

[jeeman]

In the 1990s, interest rates went down from 1990 to 1996, and RE went down too. If you think higher rates would cause unaffordability in your area, then it might be better to wait for them, because house prices will compensate. If rates won’t affect affordability, and it’s purely a regional unemployment issue, house prices will go down until wages support them.

If your area is growing and housing is going to be in short supply soon, then it is probably a good time to buy.

Only buy if you plan to be there > 5 years and you are trying to get into a neighborhood.

Yes, you might save by owning over renting, but commissions and repairs could overcome that. It’s hard to say always, you gotta do what is best for you.

jeeman

[jeeman]

In the 1990s, interest rates went down from 1990 to 1996, and RE went down too. If you think higher rates would cause unaffordability in your area, then it might be better to wait for them, because house prices will compensate. If rates won’t affect affordability, and it’s purely a regional unemployment issue, house prices will go down until wages support them.

If your area is growing and housing is going to be in short supply soon, then it is probably a good time to buy.

Only buy if you plan to be there > 5 years and you are trying to get into a neighborhood.

Yes, you might save by owning over renting, but commissions and repairs could overcome that. It’s hard to say always, you gotta do what is best for you.

jeeman

[jeeman]

In the 1990s, interest rates went down from 1990 to 1996, and RE went down too. If you think higher rates would cause unaffordability in your area, then it might be better to wait for them, because house prices will compensate. If rates won’t affect affordability, and it’s purely a regional unemployment issue, house prices will go down until wages support them.

If your area is growing and housing is going to be in short supply soon, then it is probably a good time to buy.

Only buy if you plan to be there > 5 years and you are trying to get into a neighborhood.

Yes, you might save by owning over renting, but commissions and repairs could overcome that. It’s hard to say always, you gotta do what is best for you.

jeeman

[jeeman]

Strawman, Arraya. LOL, take my argument to the extreme and discredit it…nice attempt, though.

I didn’t say innovation would stop. Unless you can charge high prices in order to fund your R&D, innovation will decline. This is how business works.

[jeeman]

Strawman, Arraya. LOL, take my argument to the extreme and discredit it…nice attempt, though.

I didn’t say innovation would stop. Unless you can charge high prices in order to fund your R&D, innovation will decline. This is how business works.

[jeeman]

Strawman, Arraya. LOL, take my argument to the extreme and discredit it…nice attempt, though.

I didn’t say innovation would stop. Unless you can charge high prices in order to fund your R&D, innovation will decline. This is how business works.

[jeeman]

Strawman, Arraya. LOL, take my argument to the extreme and discredit it…nice attempt, though.

I didn’t say innovation would stop. Unless you can charge high prices in order to fund your R&D, innovation will decline. This is how business works.

[jeeman]

Strawman, Arraya. LOL, take my argument to the extreme and discredit it…nice attempt, though.

I didn’t say innovation would stop. Unless you can charge high prices in order to fund your R&D, innovation will decline. This is how business works.

[jeeman]

http://globaleconomicanalysis.blogspot.com/2010/03/health-care-passed-how-will-individuals.html

[jeeman]

http://globaleconomicanalysis.blogspot.com/2010/03/health-care-passed-how-will-individuals.html

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