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JerseyGrl
ParticipantWe have an orange cat. He came with a name. Tang. He’s the best cat ever. He also responds to poo-poo head. Don’t ask.
ParticipantParticipant…..”But deplorables don’t want science and modernity for their kids. They want god and guns, and ignorance.”
Some do, not all.
Vance was on Face the Nation yesterday, along with a group of diverse, young guests. I wasn’t familiar with his book but I’m going to check my library for it.
My dad grew up in Appalachia (eastern PA/coal mines). After the Army he never went back. There were (are) no jobs there. The people who stay in these little towns and villages are often too frightened to leave. They cling to their “culture” (clans) and succumb to welfare and drug addiction. They don’t trust the government but they’ll take the check each month. If they voted for Trump and think he’ll bring them jobs they will be disappointed.
ParticipantParticipantI miss that show. I had the pleasure of being on the show several years ago. They laughed through the whole thing. Seems like all we did was laugh.I told them about wisps of smoke that would come from my steering column (Chevy Lumina/company car). They cracked up and said “where there’s smoke there’s fire”. They had no idea what the problem was but we had a lot of fun anyway.
ParticipantWe just returned from a trip up the Central Coast. Got a lesson in water conservation from the locals. Places like Paso Robles, Cambria and on up the coast have strict water use restrictions. Public toilets are closed and replaced by Porta-potties. Restaurants serving only bottled water. The B&Bs we stayed in had water restrictors on the showers and asked us to do our best at keeping showers short. They supplied us with bottled water for drinking. The water out of their taps is increasingly saline.
One woman we spoke to told us about her relative in the Central Valley being OUT of water, relying on donations/buying water for everything. She said they can’t leave because they can’t sell their homes without water.
Everyone hears desalination is expensive; part of the problem is disposing the waste left behind (salts).
It’s sad to hear the effect on wildlife; birds dying from selenium and other toxic salts in places like the Salton Sea, the demise of salmon and trout, and on up the food chain.
It might get worse before it gets better. Now I cringe as my neighbors on both sides heavily water the sod they installed in the last 3 years (although I have to giggle as I realize the upper neighbor’s water rolls downhill and is keeping my lemon tree happy!). I really don’t see obvious water conservation on any scale in San Diego. I have to wonder the thought process of current home buyers as they get ready to spend more than half a million dollars for a home in an area experiencing sever drought. It would give me pause……
Participant“Spend a few days in the bankruptcy courts/hearings, and you’ll see that many people have been squatting for YEARS.”
You’re right. My attorney friend oversees bankruptcy’s in San Diego County and even she is amazed at how many people have been living in homes up to 4 years without making a mortgage payment. We personally know a couple who are hanging on to their 900K home by the skin of their teeth. Even with a combined income of 200K +, they’re broke. He just shrugs his shoulders and says “a lot of our neighbors are in the same boat”. Yet they continue to lease their Mercedes……
ParticipantAs best a plan we can come up with. I’ve lived in CA since 1982, most of that time single in San Francisco (rent control). It was very hard leaving San Fran and will be almost as hard leaving San Diego. 🙁
ParticipantWe are in our early 50s, no kids no debt. Lots of savings. No, it was never “affordable”. The bank says we can afford to buy and would love to lend us a large amount of money, so we can buy a house here, or retire. I choose retire. My husband has his own business so he can work from anywhere. We’ll probably move to Ashville NC (he’s from there)next year and buy a house with cash. I don’t want to work another 10 years.
ParticipantWe are in our early 50s, no kids no debt. Lots of savings. No, it was never “affordable”. The bank says we can afford to buy and would love to lend us a large amount of money, so we can buy a house here, or retire. I choose retire. My husband has his own business so he can work from anywhere. We’ll probably move to Ashville NC (he’s from there)next year and buy a house with cash. I don’t want to work another 10 years.
ParticipantGood article from Jazzman. I have a friend who is a bankruptcy lawyer for the DOJ here in San Diego who has mentioned the large number of cases he’s seen where people are living in their houses up to 4 years without paying a mortgage and the banks doing nothing.
I found this comment in the above mentioned article:
[Once a bank forecloses on a property that starts the clock on when the bank must unload the property. Federal law allows banks to hold on to foreclosures for 5 years with a second 5 year extension if selling would do them harm].
I think the housing market here in town is extremely vulnerable and the gamble that buyers are taking isn’t one we’re comfortable with. We can’t afford to buy a home as nice as the one we rent so we’ll continue to rent.
ParticipantWhat prompted you to say “Sequestration appears likely” ?
Sequestration is reality. I work for the Navy as a contractor and at a recent meeting a representative from SPAWAR confirmed furloughs will begin April 1. This will effect government employees (GS). They’ll be furloughed approx 20% (1 day a week).
Here’s what I notice at our base; the government switched from GS employees to contractors some time ago. Most employees now are contractors, and depending on their contract they may or may not be let go.
The GS folks are mostly older and/or Navy retirees who got hired on after retirement. They bought their houses when they were affordable.
Contractors are either very young renters or have young families that live in places like Temecula, Marietta and Escondido.
I don’t see sequestration having an effect on real estate sales in San Diego.
ParticipantI appreciate the comment about FICO scores. My economically challenged brother who at the age of 50 already has 2 bankruptcies on the record says now that his credit score looks decent he’s going to buy another house. I’m upset because he and his wife live with my 80 yo mother and it sounds like he’s talked her into selling her house (she’s owned free and clear since the 70’s). I told him that money needs to go into a trust for her, but he wants to use it for the downpayment for is next house (where she will live out her life).
There are so many issues here but my husband says “relax, no one is going to give him a mortgage”. My questions is, can someone who has lost 2 houses to bankruptcy in the last 20 years really get a mortgage?
ParticipantI appreciate the comment about FICO scores. My economically challenged brother who at the age of 50 already has 2 bankruptcies on the record says now that his credit score looks decent he’s going to buy another house. I’m upset because he and his wife live with my 80 yo mother and it sounds like he’s talked her into selling her house (she’s owned free and clear since the 70’s). I told him that money needs to go into a trust for her, but he wants to use it for the downpayment for is next house (where she will live out her life).
There are so many issues here but my husband says “relax, no one is going to give him a mortgage”. My questions is, can someone who has lost 2 houses to bankruptcy in the last 20 years really get a mortgage?
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