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jstoesz
ParticipantOutstanding. I had no idea you could do this. That is what I have been wondering. The website has just enough to freak you out (the pictures) but little to no detail on the circumstances. Sometimes these people were peeing in public or slept with their 17 year old girl friend when they were in college. It is so hard to know.
ParticipantBrian, I agree…but with everything it takes two to tango. They banks were uniformly stupid across the country…what makes So Cal and the zonies so much worse off is their greed/stupidity/materialism/susceptibility to heard mentality…aka a general lack of character.
ParticipantBrian, I agree…but with everything it takes two to tango. They banks were uniformly stupid across the country…what makes So Cal and the zonies so much worse off is their greed/stupidity/materialism/susceptibility to heard mentality…aka a general lack of character.
ParticipantBrian, I agree…but with everything it takes two to tango. They banks were uniformly stupid across the country…what makes So Cal and the zonies so much worse off is their greed/stupidity/materialism/susceptibility to heard mentality…aka a general lack of character.
ParticipantBrian, I agree…but with everything it takes two to tango. They banks were uniformly stupid across the country…what makes So Cal and the zonies so much worse off is their greed/stupidity/materialism/susceptibility to heard mentality…aka a general lack of character.
ParticipantBrian, I agree…but with everything it takes two to tango. They banks were uniformly stupid across the country…what makes So Cal and the zonies so much worse off is their greed/stupidity/materialism/susceptibility to heard mentality…aka a general lack of character.
ParticipantNo worries.
I disagree with you about the foreign money issue though. I have not seen the stats though. But I can not imagine foreign cash makes up more than 5% of the real estate market (even 1% seems way to high). If we are soley in the realm of beachfront caliber property, then yes SDers have some serious competition. As you get one or two houses back (not blocks) I would bet that money drops off exponentially. By the time you get to Rancho Sante Fe, or Hillcrest we are no longer talking vacation homes and foreign cash.
This reminds me of the other erroneous idea which some people like to say. “Homes are so expensive because this is such a great place to live.”
People buy what they can with the job they have. The fact that even the nicer areas are so expensive has little to nothing to do with foreign money. It has everything to do with the fact the So. Californians are more willing to spend a larger percentage of their income on homes (kind of obvious I know). As to why this is…I blame the character/financial irresponsibility of the people…but that is just me.
ParticipantNo worries.
I disagree with you about the foreign money issue though. I have not seen the stats though. But I can not imagine foreign cash makes up more than 5% of the real estate market (even 1% seems way to high). If we are soley in the realm of beachfront caliber property, then yes SDers have some serious competition. As you get one or two houses back (not blocks) I would bet that money drops off exponentially. By the time you get to Rancho Sante Fe, or Hillcrest we are no longer talking vacation homes and foreign cash.
This reminds me of the other erroneous idea which some people like to say. “Homes are so expensive because this is such a great place to live.”
People buy what they can with the job they have. The fact that even the nicer areas are so expensive has little to nothing to do with foreign money. It has everything to do with the fact the So. Californians are more willing to spend a larger percentage of their income on homes (kind of obvious I know). As to why this is…I blame the character/financial irresponsibility of the people…but that is just me.
ParticipantNo worries.
I disagree with you about the foreign money issue though. I have not seen the stats though. But I can not imagine foreign cash makes up more than 5% of the real estate market (even 1% seems way to high). If we are soley in the realm of beachfront caliber property, then yes SDers have some serious competition. As you get one or two houses back (not blocks) I would bet that money drops off exponentially. By the time you get to Rancho Sante Fe, or Hillcrest we are no longer talking vacation homes and foreign cash.
This reminds me of the other erroneous idea which some people like to say. “Homes are so expensive because this is such a great place to live.”
People buy what they can with the job they have. The fact that even the nicer areas are so expensive has little to nothing to do with foreign money. It has everything to do with the fact the So. Californians are more willing to spend a larger percentage of their income on homes (kind of obvious I know). As to why this is…I blame the character/financial irresponsibility of the people…but that is just me.
ParticipantNo worries.
I disagree with you about the foreign money issue though. I have not seen the stats though. But I can not imagine foreign cash makes up more than 5% of the real estate market (even 1% seems way to high). If we are soley in the realm of beachfront caliber property, then yes SDers have some serious competition. As you get one or two houses back (not blocks) I would bet that money drops off exponentially. By the time you get to Rancho Sante Fe, or Hillcrest we are no longer talking vacation homes and foreign cash.
This reminds me of the other erroneous idea which some people like to say. “Homes are so expensive because this is such a great place to live.”
People buy what they can with the job they have. The fact that even the nicer areas are so expensive has little to nothing to do with foreign money. It has everything to do with the fact the So. Californians are more willing to spend a larger percentage of their income on homes (kind of obvious I know). As to why this is…I blame the character/financial irresponsibility of the people…but that is just me.
ParticipantNo worries.
I disagree with you about the foreign money issue though. I have not seen the stats though. But I can not imagine foreign cash makes up more than 5% of the real estate market (even 1% seems way to high). If we are soley in the realm of beachfront caliber property, then yes SDers have some serious competition. As you get one or two houses back (not blocks) I would bet that money drops off exponentially. By the time you get to Rancho Sante Fe, or Hillcrest we are no longer talking vacation homes and foreign cash.
This reminds me of the other erroneous idea which some people like to say. “Homes are so expensive because this is such a great place to live.”
People buy what they can with the job they have. The fact that even the nicer areas are so expensive has little to nothing to do with foreign money. It has everything to do with the fact the So. Californians are more willing to spend a larger percentage of their income on homes (kind of obvious I know). As to why this is…I blame the character/financial irresponsibility of the people…but that is just me.
Participant[quote=bearishgurl][quote=jstoesz]Yeah I am not even considering it. I just thought the house was ridiculously awesome and felt the need to share it. I seriously doubt we will be in Placerville long term, it is more of an extended adventure than a new home. And the decision is far from exclusively mine. I’d like to say decision is a collaboration, but on where we live, I think the wife usually and properly has more pull.[/quote]
Yeah, jstoesz, it’s ridiculously cheap (by coastal stds . . . lol). I’m just wondering how the commute back and forth to East Sac everyday is going to work out for you and your spouse. Are you aware that there could be several instances per year that US 50 could be closed below Placerville due snowstorms or inability to plow? How ya gonna get out??
Have you considered renting in Grass Valley for awhile? You might like it. I think you could find a rental there that is not on tract.[/quote]
No my job is in cameron park and my wife’s is in el dorado hills. Both of our commutes should be ~15mins without traffic or severe weather. And if we are snowed in…I can think of no better excuse not to go to work. I miss snow days.
Participant[quote=bearishgurl][quote=jstoesz]Yeah I am not even considering it. I just thought the house was ridiculously awesome and felt the need to share it. I seriously doubt we will be in Placerville long term, it is more of an extended adventure than a new home. And the decision is far from exclusively mine. I’d like to say decision is a collaboration, but on where we live, I think the wife usually and properly has more pull.[/quote]
Yeah, jstoesz, it’s ridiculously cheap (by coastal stds . . . lol). I’m just wondering how the commute back and forth to East Sac everyday is going to work out for you and your spouse. Are you aware that there could be several instances per year that US 50 could be closed below Placerville due snowstorms or inability to plow? How ya gonna get out??
Have you considered renting in Grass Valley for awhile? You might like it. I think you could find a rental there that is not on tract.[/quote]
No my job is in cameron park and my wife’s is in el dorado hills. Both of our commutes should be ~15mins without traffic or severe weather. And if we are snowed in…I can think of no better excuse not to go to work. I miss snow days.
Participant[quote=bearishgurl][quote=jstoesz]Yeah I am not even considering it. I just thought the house was ridiculously awesome and felt the need to share it. I seriously doubt we will be in Placerville long term, it is more of an extended adventure than a new home. And the decision is far from exclusively mine. I’d like to say decision is a collaboration, but on where we live, I think the wife usually and properly has more pull.[/quote]
Yeah, jstoesz, it’s ridiculously cheap (by coastal stds . . . lol). I’m just wondering how the commute back and forth to East Sac everyday is going to work out for you and your spouse. Are you aware that there could be several instances per year that US 50 could be closed below Placerville due snowstorms or inability to plow? How ya gonna get out??
Have you considered renting in Grass Valley for awhile? You might like it. I think you could find a rental there that is not on tract.[/quote]
No my job is in cameron park and my wife’s is in el dorado hills. Both of our commutes should be ~15mins without traffic or severe weather. And if we are snowed in…I can think of no better excuse not to go to work. I miss snow days.
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