[JWM in SD]

Family members are one thing, but I have no qualms about discussing it with a stranger. For example, I was at a Padres game several weeks ago and struck a conversation with a woman after some exchanges about the half completed condo building peeking out over the top of the stadium. Of course her response was, “I don’t think prices will go down because too many people want to live here..” I brought up the census stats on 40K people leaving SD county as well as the difficulties many companies are encountering in recruiting people to move to SD because of the high cost of living. I got the glazed look and the conversation ended there…but the seed was planted.

The only place I don’t bring it up at (unless it’s a fellow bear) is the workplace. I suspect several of the senior managers are FB’s.

[JWM in SD]

I disagree about talking to to people about the state of the RE market in SD. It’s been dogma for too San Diegans for too long now. Time to burst their bubble(pun intended). Why you ask? Because somebody has to squash this nonsense out of the public consciousness and wake them up. They don’t like, then tough shit. It’s time for So Cal to stop living in fantasyland and I have no qualms about faciliting the end of this mass delusion or Housing Psychosis that we’ve been living in for the past 5 to 10 years. The FBs have to learn somehow, and if my prodding can amplify the message that your house is not supposed to be your retirement plan, then why not openly discuss it?

[JWM in SD]

My God, did this clown not use almost every cliche we’ve debunked for the past year? I guess integrity is no longer a valued trait. Either that, or this guy really believes his own crap.

[JWM in SD]

Wow, I need to preview my posts first! Sorry about the dropped words folk…I think you get the point though.

[JWM in SD]

Man, you really don’t get it do you? Don’t let the door hit you in the ass on the way out.

[JWM in SD]

I did, but not in exact terms only the general area to prove a point to Davidpeace. Otherwise, I agree with a lot of the other posters that it’s simply bad form, and frankly uncooth, to discuss incomes that way.

[JWM in SD]

Of course they’re in denial…how else are going to suck in some unsuspecting FB so they can make the lease payment on the standard issue realtor Mercedes C240.

[JWM in SD]

True…anyone see Murray’s post about rents going up…who exactly is he reporting to? What a dope.

[JWM in SD]

Therein lies the problem. It’s morons like Davidpeace (if he really is what he says he is..I have my doubts) that have caused this whole thing to spin out of control since around 2003 when it should have died under its own weight.

[JWM in SD]

maybe it is lee???

[JWM in SD]

Oh, and another thing. It seems rather hypocritical to call other people on here “pompous A-holes” when I see that you have no qualms bragging about what you do and how much money you make. Well guess what sparky, I’m in the same income bracket as well as my wife. I found a job in Finance just as quickly as you did when I moved here from Chicago in late ’04. We also have the money for 20% downpayment (yes cash) on a 600K house (you do math genius). But you see, I like to think that I actually get something of value for my money and not the overprice stucco crap boxes that are slapped together here is So Cal. I’ll say it again, go troll somewhere else.

[JWM in SD]

Then why the hell are even posting here? Sorry, but something about all this doesn’t pass the smell test. If you’re really that certain about what’s going to happen with real estate, then why are posting on a bear site and asking for advice? What kind of advice did think you going to get from bunch strangers on a blog more or less dedicated to why SD housing prices are inflated?

It’s your money.

[JWM in SD]

Advice?? Yeah, don’t buy a house right now…how’s that for advice.

I really don’t think you’ve been reading this blog for a year. If you really had been reading it, you would not be entering into a contract to buy a house right now in Escondido of all places. If you truly had been reading this blog for a year, then you would not pull out the lame arguments you did which have been discussed here and on Ben’s blog for months now. It’s that response which makes your whole post very suspect of Trolling. Either that, or you need justification of a really bad decision that you were somehow cajoled into recently. Either way, you won’t get support here for buying a house right now.

[JWM in SD]

Seriously guys, this clown is a troll…”everyone wants to live in San Diego…” bwhahahahaha. Where have we heard that one before.

Nobody with half a brain has been reading this site for a year and then suddenly decides that now is the time to buy. That is the most idiotic thing I’ve heard in my entire life. Davidpeace, get lost brother. You don’t need to troll here.

[JWM in SD]

Employment won’t stay okay. Most of the job growth in the last several years has been related to the housing boom. That boom is slowing rapidly and those jobs will start to dry up. A lot of the major mortgage broker firms in the OC have been laying people off in the past several months (Ameriquest being the most well known). Even the indirect jobs in consumer and retail sectors (nice restaurants, clothing boutiques) will start to close when the Heloc money isn’t flowing anymore.

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