[jstoesz]

Brian I tend to agree on the stagnation prediction, but we are so volatile here. And it has happened in other locations.

Detroit imploded…

[jstoesz]

Brian I tend to agree on the stagnation prediction, but we are so volatile here. And it has happened in other locations.

Detroit imploded…

[jstoesz]

This is the statement that kicked off this fun fest…
[quote]So either the place is swimming with imported retirees which in Clairemont I highly *DOUBT*. [/quote]

You are killing me. My point is that 55419 is not a place that imports retirees either, many of its residences have been there for 40, 50 years too! NEITHER place imports retirees. The median age is the same! Therefore, your argument about old people living there does not compute. It is spurious because the both zips have similar age demographics. Just like every other neighborhood in the country, except the La Jolla’s and palm springs of the world. We are comparing apples to apples in terms of demographics…but one is twice as expensive.

In other words, old people are not why Clairemont is expensive.

[jstoesz]

This is the statement that kicked off this fun fest…
[quote]So either the place is swimming with imported retirees which in Clairemont I highly *DOUBT*. [/quote]

You are killing me. My point is that 55419 is not a place that imports retirees either, many of its residences have been there for 40, 50 years too! NEITHER place imports retirees. The median age is the same! Therefore, your argument about old people living there does not compute. It is spurious because the both zips have similar age demographics. Just like every other neighborhood in the country, except the La Jolla’s and palm springs of the world. We are comparing apples to apples in terms of demographics…but one is twice as expensive.

In other words, old people are not why Clairemont is expensive.

[jstoesz]

This is the statement that kicked off this fun fest…
[quote]So either the place is swimming with imported retirees which in Clairemont I highly *DOUBT*. [/quote]

You are killing me. My point is that 55419 is not a place that imports retirees either, many of its residences have been there for 40, 50 years too! NEITHER place imports retirees. The median age is the same! Therefore, your argument about old people living there does not compute. It is spurious because the both zips have similar age demographics. Just like every other neighborhood in the country, except the La Jolla’s and palm springs of the world. We are comparing apples to apples in terms of demographics…but one is twice as expensive.

In other words, old people are not why Clairemont is expensive.

[jstoesz]

This is the statement that kicked off this fun fest…
[quote]So either the place is swimming with imported retirees which in Clairemont I highly *DOUBT*. [/quote]

You are killing me. My point is that 55419 is not a place that imports retirees either, many of its residences have been there for 40, 50 years too! NEITHER place imports retirees. The median age is the same! Therefore, your argument about old people living there does not compute. It is spurious because the both zips have similar age demographics. Just like every other neighborhood in the country, except the La Jolla’s and palm springs of the world. We are comparing apples to apples in terms of demographics…but one is twice as expensive.

In other words, old people are not why Clairemont is expensive.

[jstoesz]

This is the statement that kicked off this fun fest…
[quote]So either the place is swimming with imported retirees which in Clairemont I highly *DOUBT*. [/quote]

You are killing me. My point is that 55419 is not a place that imports retirees either, many of its residences have been there for 40, 50 years too! NEITHER place imports retirees. The median age is the same! Therefore, your argument about old people living there does not compute. It is spurious because the both zips have similar age demographics. Just like every other neighborhood in the country, except the La Jolla’s and palm springs of the world. We are comparing apples to apples in terms of demographics…but one is twice as expensive.

In other words, old people are not why Clairemont is expensive.

[jstoesz]

I think Occams razor applies here.

Californians on the aggregate are irresponsible with their money. It has been proven time and time again. The reason why Clairemont cost so much has nothing to do with the old fogies, or weather, or the beach, and everything to do with people willing to spend more of their income on a house than other parts of the country.

[jstoesz]

I think Occams razor applies here.

Californians on the aggregate are irresponsible with their money. It has been proven time and time again. The reason why Clairemont cost so much has nothing to do with the old fogies, or weather, or the beach, and everything to do with people willing to spend more of their income on a house than other parts of the country.

[jstoesz]

I think Occams razor applies here.

Californians on the aggregate are irresponsible with their money. It has been proven time and time again. The reason why Clairemont cost so much has nothing to do with the old fogies, or weather, or the beach, and everything to do with people willing to spend more of their income on a house than other parts of the country.

[jstoesz]

I think Occams razor applies here.

Californians on the aggregate are irresponsible with their money. It has been proven time and time again. The reason why Clairemont cost so much has nothing to do with the old fogies, or weather, or the beach, and everything to do with people willing to spend more of their income on a house than other parts of the country.

[jstoesz]

I think Occams razor applies here.

Californians on the aggregate are irresponsible with their money. It has been proven time and time again. The reason why Clairemont cost so much has nothing to do with the old fogies, or weather, or the beach, and everything to do with people willing to spend more of their income on a house than other parts of the country.

[jstoesz]

Every older neighborhood in the country has people living there since the 50’s 60’s etc. Clairemont is no different! In fact if you drill into the zip code demographics. The median age is exactly the same! 39 years old. So I am going to have to call bullshit on this argument.

My point is that if that zip code has a lot of old people move in after they retired then the data is skewed with a lower median income with respect to home price. But there is no reason to suspect that given the median age.

[jstoesz]

Every older neighborhood in the country has people living there since the 50’s 60’s etc. Clairemont is no different! In fact if you drill into the zip code demographics. The median age is exactly the same! 39 years old. So I am going to have to call bullshit on this argument.

My point is that if that zip code has a lot of old people move in after they retired then the data is skewed with a lower median income with respect to home price. But there is no reason to suspect that given the median age.

[jstoesz]

Every older neighborhood in the country has people living there since the 50’s 60’s etc. Clairemont is no different! In fact if you drill into the zip code demographics. The median age is exactly the same! 39 years old. So I am going to have to call bullshit on this argument.

My point is that if that zip code has a lot of old people move in after they retired then the data is skewed with a lower median income with respect to home price. But there is no reason to suspect that given the median age.

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