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jstoesz
Participant[quote=bearishgurl][quote=jstoesz] . . . Like I said though, La Mesa was at the top of the list. But even there a crappy house is at least 300 vs. 100 for a similar crap hole in MN. They do not compete. . . [/quote]
jstoesz, if you don’t mind my asking, what other areas in SD County did you consider purchasing in besides La Mesa before you guys decided to relocate instead? And what was/is your price range?? And by chance, were your desired terms FHA or VA?
Pls forgive if missed a thread somewhere where you already posted your list of desired areas.[/quote]
No problem. How about in order from best to worst. List of places we have thought about at one time or another.
Pipe dream (nice, safe, old, walkable)
– Point Loma
– Midtown
– Mission hills
– Mt Helix (not walkable but really cool homes and neighborhood)out of reach (safe and kind of old and mostly walkable)
– University Heights
– Normal Heights
– Clairemont
– Bay ParkCrap but in my price range.
– La Mesa
– Allied GardensParticipantMaybe I am some crazy doom and gloomer about our economy. But I think we are in worse shape than we were in 08 and 09. We have covered up our problems for the last 3 years in the hopes that another bubble will float them away. If we would have bottomed at 12 trillion, I think we will bottom much lower now.
We are one unsuccessful bond auction away from insolvency. And the chances of this go up every day…
ParticipantMaybe I am some crazy doom and gloomer about our economy. But I think we are in worse shape than we were in 08 and 09. We have covered up our problems for the last 3 years in the hopes that another bubble will float them away. If we would have bottomed at 12 trillion, I think we will bottom much lower now.
We are one unsuccessful bond auction away from insolvency. And the chances of this go up every day…
ParticipantMaybe I am some crazy doom and gloomer about our economy. But I think we are in worse shape than we were in 08 and 09. We have covered up our problems for the last 3 years in the hopes that another bubble will float them away. If we would have bottomed at 12 trillion, I think we will bottom much lower now.
We are one unsuccessful bond auction away from insolvency. And the chances of this go up every day…
ParticipantMaybe I am some crazy doom and gloomer about our economy. But I think we are in worse shape than we were in 08 and 09. We have covered up our problems for the last 3 years in the hopes that another bubble will float them away. If we would have bottomed at 12 trillion, I think we will bottom much lower now.
We are one unsuccessful bond auction away from insolvency. And the chances of this go up every day…
ParticipantMaybe I am some crazy doom and gloomer about our economy. But I think we are in worse shape than we were in 08 and 09. We have covered up our problems for the last 3 years in the hopes that another bubble will float them away. If we would have bottomed at 12 trillion, I think we will bottom much lower now.
We are one unsuccessful bond auction away from insolvency. And the chances of this go up every day…
ParticipantAll you have to know about the CPI…from wiki
The CPI has powerful political ramifications, and administrations of both parties have been tempted to change the basis for its calculation. Especially since 1980, the definition of CPI has been altered repeatedly, though economists disagree whether the index underestimates or overestimates the true rate of decline in purchasing power.[26][27]
Back to me…
Hell the CPI was changed in the 83 for the expressed purpose of removing home prices from the inflation index. In other words…housing is inflating, quick cover it up!ParticipantAll you have to know about the CPI…from wiki
The CPI has powerful political ramifications, and administrations of both parties have been tempted to change the basis for its calculation. Especially since 1980, the definition of CPI has been altered repeatedly, though economists disagree whether the index underestimates or overestimates the true rate of decline in purchasing power.[26][27]
Back to me…
Hell the CPI was changed in the 83 for the expressed purpose of removing home prices from the inflation index. In other words…housing is inflating, quick cover it up!ParticipantAll you have to know about the CPI…from wiki
The CPI has powerful political ramifications, and administrations of both parties have been tempted to change the basis for its calculation. Especially since 1980, the definition of CPI has been altered repeatedly, though economists disagree whether the index underestimates or overestimates the true rate of decline in purchasing power.[26][27]
Back to me…
Hell the CPI was changed in the 83 for the expressed purpose of removing home prices from the inflation index. In other words…housing is inflating, quick cover it up!ParticipantAll you have to know about the CPI…from wiki
The CPI has powerful political ramifications, and administrations of both parties have been tempted to change the basis for its calculation. Especially since 1980, the definition of CPI has been altered repeatedly, though economists disagree whether the index underestimates or overestimates the true rate of decline in purchasing power.[26][27]
Back to me…
Hell the CPI was changed in the 83 for the expressed purpose of removing home prices from the inflation index. In other words…housing is inflating, quick cover it up!ParticipantAll you have to know about the CPI…from wiki
The CPI has powerful political ramifications, and administrations of both parties have been tempted to change the basis for its calculation. Especially since 1980, the definition of CPI has been altered repeatedly, though economists disagree whether the index underestimates or overestimates the true rate of decline in purchasing power.[26][27]
Back to me…
Hell the CPI was changed in the 83 for the expressed purpose of removing home prices from the inflation index. In other words…housing is inflating, quick cover it up!ParticipantThose curves imo are kind of useless. I don’t want really affordable payments on a vastly overpriced asset. That is a recipe for a complete disaster. Not just a small disaster, but end of your fiscal life type disaster.
Furthermore, that is SD county which has on the aggregate come down. This includes all manner of neighborhoods, from Jamul to la jolla. I would like to see that curve by zip code. Now that would be enlightening.
ParticipantThose curves imo are kind of useless. I don’t want really affordable payments on a vastly overpriced asset. That is a recipe for a complete disaster. Not just a small disaster, but end of your fiscal life type disaster.
Furthermore, that is SD county which has on the aggregate come down. This includes all manner of neighborhoods, from Jamul to la jolla. I would like to see that curve by zip code. Now that would be enlightening.
ParticipantThose curves imo are kind of useless. I don’t want really affordable payments on a vastly overpriced asset. That is a recipe for a complete disaster. Not just a small disaster, but end of your fiscal life type disaster.
Furthermore, that is SD county which has on the aggregate come down. This includes all manner of neighborhoods, from Jamul to la jolla. I would like to see that curve by zip code. Now that would be enlightening.
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