[lifeisgood]

[quote=bearishgurl][quote=lifeisgood]I love this website for the different points of view on the housing market. I think it is hilarious that whenever there is a topic describing housing tumoil, it is always broad and hardly ever specific to San Diego. I really don’t care what is going on in Nevada or any other state for that matter. Any time there is an article written about the San Diego housing market stabilizing, a lot of people on this board tear it up and say that there is an endless amount of data against this idea. I’m not saying that we will see extreme increases in SD home values, but I am suggesting that there are a lot of areas of San Diego that have slightly increased in value or are stable. That is just the way it is. There are a ton of areas of San Diego that will not decrease in value any further and I believe that some of you can’t wrap your heads around this idea. I do not expect these areas to increase in value any time soon either. Lets face it, San Diego is not Las Vegas or Tampa or Orlando or Phoenix etc… We live in a City that is desirable and people are buying homes at the cyclic rate in our city. If the home is priced at market value, it will sell quickly. I also don’t believe that San Diego has a whole lot of ghost ivnentory left out there compared to the rest of the state/country. I do think that other parts of the country are not as fortunate. Just my opinion.[/quote]

I echo your sentiments, lifeisgood, and do not even consider myself “bullish.”

Whichever turns a particular RE market takes affects only that micro-market. Even in SD County, there are many micro-markets. I’ve said before that multiple foreclosures and short sales in 91915 (Chula Vista) for instance, has NOTHING to do with what’s going on over in (nearby) Coronado. The sellers and buyers in these two markets are vastly different from one another as is the desirability factors of the particular homes/areas within them.[/quote]

Thanks for the response. I just think it’s funny how articles related to San Diego’s housing market doing well are short lived on this board. But, if an article is written about any housing market crashing, then it goes on for weeks. I’m sure that parts of San Diego have room to depreciate, I just don’t think San Diego as a whole is anywhere near the other parts of the country in this regard. I’m surprised to find someone on this board that agrees with me.

[lifeisgood]

[quote=lifeisgood]I’ll start off by saying this. It’s amazing what you can do if you have to do it. I have no problem with kids staying at home with there parents to pursue a college degree or some other form of realistic career option. I do not agree with living off of your parents and spinning wheels waiting on something to fall in your lap.

Prime example: My sister in law graduated with a masters degree in education and started working as a teacher the following year. She was soon layed off due to the lack of teaching jobs in Cali. She then immidiately started receiving unemployment benefits and continued to stay at home. She asked her parents to allow her boyfriend (now fiance) to move in. They allowed her boyfriend to move in. After three years, they have mimimal savings that they are spending entirely on there extravigant wedding and huge engagement ring. By now they should have zero debt and a substantial savings account, but instead they have a nicer wardrobe, a new motorcycle, and a nice portfolio of pictures from the many vacations that they have went on.

I blame this entirely on there parents. Although she got laid off from teaching, she has never gone a week without getting a paycheck or looked outside of only one school district for a teaching job. She got a full time job shortly afer unemployment benefits expiring which has nothing to do with her degree. They have no plans of moving out after they get married in a couple of months. They are both in there early 30’s and without any plan or goal in place to move forward in life.

First of all I would not have let her boyfriend move in. That creates no urgency to move out. Also I would have given a time line of when they needed to move out. She has an entitled attitude and demonstrates that by allowing her parents to pay her bills, except her cell phone, even though she has never missed a paycheck. It’s also sad that she shares a cell phone with her mom and hassles her mom every month for 40 dollars of the bill. I would pay the 40 dollars if my parents were paying my car insurance(just a thought). Her parents are setting them up for failure in life and the sad thing is that these so called kids have no desire to move out and become independent. They could but they choose not to. She refuses to live in an area of the county that they could afford because it is beneath them.

The biggest problem with this is that her parents could have retired a long time ago if they pushed there child to get out of there house. There children all have college degrees and all but one of three still receive some sort of financial help from there parents. They have created human leaches.[/quote]

This is what I consider a deadbeat. This situation is certainly her parents fault, but there has to be a point in persons life that they feel like they just might be a burden on their parents. Her parents bought their house in 1988 for 199000. Now they owe 468000. There is giving to your children and then there is giving to the point of your demise.

What do you all think about the above situation? Is it me or are the parents the ones getting taken advantage of?

[lifeisgood]

[quote=lifeisgood]I’ll start off by saying this. It’s amazing what you can do if you have to do it. I have no problem with kids staying at home with there parents to pursue a college degree or some other form of realistic career option. I do not agree with living off of your parents and spinning wheels waiting on something to fall in your lap.

Prime example: My sister in law graduated with a masters degree in education and started working as a teacher the following year. She was soon layed off due to the lack of teaching jobs in Cali. She then immidiately started receiving unemployment benefits and continued to stay at home. She asked her parents to allow her boyfriend (now fiance) to move in. They allowed her boyfriend to move in. After three years, they have mimimal savings that they are spending entirely on there extravigant wedding and huge engagement ring. By now they should have zero debt and a substantial savings account, but instead they have a nicer wardrobe, a new motorcycle, and a nice portfolio of pictures from the many vacations that they have went on.

I blame this entirely on there parents. Although she got laid off from teaching, she has never gone a week without getting a paycheck or looked outside of only one school district for a teaching job. She got a full time job shortly afer unemployment benefits expiring which has nothing to do with her degree. They have no plans of moving out after they get married in a couple of months. They are both in there early 30’s and without any plan or goal in place to move forward in life.

First of all I would not have let her boyfriend move in. That creates no urgency to move out. Also I would have given a time line of when they needed to move out. She has an entitled attitude and demonstrates that by allowing her parents to pay her bills, except her cell phone, even though she has never missed a paycheck. It’s also sad that she shares a cell phone with her mom and hassles her mom every month for 40 dollars of the bill. I would pay the 40 dollars if my parents were paying my car insurance(just a thought). Her parents are setting them up for failure in life and the sad thing is that these so called kids have no desire to move out and become independent. They could but they choose not to. She refuses to live in an area of the county that they could afford because it is beneath them.

The biggest problem with this is that her parents could have retired a long time ago if they pushed there child to get out of there house. There children all have college degrees and all but one of three still receive some sort of financial help from there parents. They have created human leaches.[/quote]

This is what I consider a deadbeat. This situation is certainly her parents fault, but there has to be a point in persons life that they feel like they just might be a burden on their parents. Her parents bought their house in 1988 for 199000. Now they owe 468000. There is giving to your children and then there is giving to the point of your demise.

What do you all think about the above situation? Is it me or are the parents the ones getting taken advantage of?

[lifeisgood]

[quote=lifeisgood]I’ll start off by saying this. It’s amazing what you can do if you have to do it. I have no problem with kids staying at home with there parents to pursue a college degree or some other form of realistic career option. I do not agree with living off of your parents and spinning wheels waiting on something to fall in your lap.

Prime example: My sister in law graduated with a masters degree in education and started working as a teacher the following year. She was soon layed off due to the lack of teaching jobs in Cali. She then immidiately started receiving unemployment benefits and continued to stay at home. She asked her parents to allow her boyfriend (now fiance) to move in. They allowed her boyfriend to move in. After three years, they have mimimal savings that they are spending entirely on there extravigant wedding and huge engagement ring. By now they should have zero debt and a substantial savings account, but instead they have a nicer wardrobe, a new motorcycle, and a nice portfolio of pictures from the many vacations that they have went on.

I blame this entirely on there parents. Although she got laid off from teaching, she has never gone a week without getting a paycheck or looked outside of only one school district for a teaching job. She got a full time job shortly afer unemployment benefits expiring which has nothing to do with her degree. They have no plans of moving out after they get married in a couple of months. They are both in there early 30’s and without any plan or goal in place to move forward in life.

First of all I would not have let her boyfriend move in. That creates no urgency to move out. Also I would have given a time line of when they needed to move out. She has an entitled attitude and demonstrates that by allowing her parents to pay her bills, except her cell phone, even though she has never missed a paycheck. It’s also sad that she shares a cell phone with her mom and hassles her mom every month for 40 dollars of the bill. I would pay the 40 dollars if my parents were paying my car insurance(just a thought). Her parents are setting them up for failure in life and the sad thing is that these so called kids have no desire to move out and become independent. They could but they choose not to. She refuses to live in an area of the county that they could afford because it is beneath them.

The biggest problem with this is that her parents could have retired a long time ago if they pushed there child to get out of there house. There children all have college degrees and all but one of three still receive some sort of financial help from there parents. They have created human leaches.[/quote]

This is what I consider a deadbeat. This situation is certainly her parents fault, but there has to be a point in persons life that they feel like they just might be a burden on their parents. Her parents bought their house in 1988 for 199000. Now they owe 468000. There is giving to your children and then there is giving to the point of your demise.

What do you all think about the above situation? Is it me or are the parents the ones getting taken advantage of?

[lifeisgood]

[quote=lifeisgood]I’ll start off by saying this. It’s amazing what you can do if you have to do it. I have no problem with kids staying at home with there parents to pursue a college degree or some other form of realistic career option. I do not agree with living off of your parents and spinning wheels waiting on something to fall in your lap.

Prime example: My sister in law graduated with a masters degree in education and started working as a teacher the following year. She was soon layed off due to the lack of teaching jobs in Cali. She then immidiately started receiving unemployment benefits and continued to stay at home. She asked her parents to allow her boyfriend (now fiance) to move in. They allowed her boyfriend to move in. After three years, they have mimimal savings that they are spending entirely on there extravigant wedding and huge engagement ring. By now they should have zero debt and a substantial savings account, but instead they have a nicer wardrobe, a new motorcycle, and a nice portfolio of pictures from the many vacations that they have went on.

I blame this entirely on there parents. Although she got laid off from teaching, she has never gone a week without getting a paycheck or looked outside of only one school district for a teaching job. She got a full time job shortly afer unemployment benefits expiring which has nothing to do with her degree. They have no plans of moving out after they get married in a couple of months. They are both in there early 30’s and without any plan or goal in place to move forward in life.

First of all I would not have let her boyfriend move in. That creates no urgency to move out. Also I would have given a time line of when they needed to move out. She has an entitled attitude and demonstrates that by allowing her parents to pay her bills, except her cell phone, even though she has never missed a paycheck. It’s also sad that she shares a cell phone with her mom and hassles her mom every month for 40 dollars of the bill. I would pay the 40 dollars if my parents were paying my car insurance(just a thought). Her parents are setting them up for failure in life and the sad thing is that these so called kids have no desire to move out and become independent. They could but they choose not to. She refuses to live in an area of the county that they could afford because it is beneath them.

The biggest problem with this is that her parents could have retired a long time ago if they pushed there child to get out of there house. There children all have college degrees and all but one of three still receive some sort of financial help from there parents. They have created human leaches.[/quote]

This is what I consider a deadbeat. This situation is certainly her parents fault, but there has to be a point in persons life that they feel like they just might be a burden on their parents. Her parents bought their house in 1988 for 199000. Now they owe 468000. There is giving to your children and then there is giving to the point of your demise.

What do you all think about the above situation? Is it me or are the parents the ones getting taken advantage of?

[lifeisgood]

[quote=lifeisgood]I’ll start off by saying this. It’s amazing what you can do if you have to do it. I have no problem with kids staying at home with there parents to pursue a college degree or some other form of realistic career option. I do not agree with living off of your parents and spinning wheels waiting on something to fall in your lap.

Prime example: My sister in law graduated with a masters degree in education and started working as a teacher the following year. She was soon layed off due to the lack of teaching jobs in Cali. She then immidiately started receiving unemployment benefits and continued to stay at home. She asked her parents to allow her boyfriend (now fiance) to move in. They allowed her boyfriend to move in. After three years, they have mimimal savings that they are spending entirely on there extravigant wedding and huge engagement ring. By now they should have zero debt and a substantial savings account, but instead they have a nicer wardrobe, a new motorcycle, and a nice portfolio of pictures from the many vacations that they have went on.

I blame this entirely on there parents. Although she got laid off from teaching, she has never gone a week without getting a paycheck or looked outside of only one school district for a teaching job. She got a full time job shortly afer unemployment benefits expiring which has nothing to do with her degree. They have no plans of moving out after they get married in a couple of months. They are both in there early 30’s and without any plan or goal in place to move forward in life.

First of all I would not have let her boyfriend move in. That creates no urgency to move out. Also I would have given a time line of when they needed to move out. She has an entitled attitude and demonstrates that by allowing her parents to pay her bills, except her cell phone, even though she has never missed a paycheck. It’s also sad that she shares a cell phone with her mom and hassles her mom every month for 40 dollars of the bill. I would pay the 40 dollars if my parents were paying my car insurance(just a thought). Her parents are setting them up for failure in life and the sad thing is that these so called kids have no desire to move out and become independent. They could but they choose not to. She refuses to live in an area of the county that they could afford because it is beneath them.

The biggest problem with this is that her parents could have retired a long time ago if they pushed there child to get out of there house. There children all have college degrees and all but one of three still receive some sort of financial help from there parents. They have created human leaches.[/quote]

This is what I consider a deadbeat. This situation is certainly her parents fault, but there has to be a point in persons life that they feel like they just might be a burden on their parents. Her parents bought their house in 1988 for 199000. Now they owe 468000. There is giving to your children and then there is giving to the point of your demise.

What do you all think about the above situation? Is it me or are the parents the ones getting taken advantage of?

[lifeisgood]

Deadbeat

[lifeisgood]

Deadbeat

[lifeisgood]

Deadbeat

[lifeisgood]

Deadbeat

[lifeisgood]

Deadbeat

[lifeisgood]

I love this website for the different points of view on the housing market. I think it is hilarious that whenever there is a topic describing housing tumoil, it is always broad and hardly ever specific to San Diego. I really don’t care what is going on in Nevada or any other state for that matter. Any time there is an article written about the San Diego housing market stabilizing, a lot of people on this board tear it up and say that there is an endless amount of data against this idea. I’m not saying that we will see extreme increases in SD home values, but I am suggesting that there are a lot of areas of San Diego that have slightly increased in value or are stable. That is just the way it is. There are a ton of areas of San Diego that will not decrease in value any further and I believe that some of you can’t wrap your heads around this idea. I do not expect these areas to increase in value any time soon either. Lets face it, San Diego is not Las Vegas or Tampa or Orlando or Phoenix etc… We live in a City that is desirable and people are buying homes at the cyclic rate in our city. If the home is priced at market value, it will sell quickly. I also don’t believe that San Diego has a whole lot of ghost ivnentory left out there compared to the rest of the state/country. I do think that other parts of the country are not as fortunate. Just my opinion.

[lifeisgood]

I love this website for the different points of view on the housing market. I think it is hilarious that whenever there is a topic describing housing tumoil, it is always broad and hardly ever specific to San Diego. I really don’t care what is going on in Nevada or any other state for that matter. Any time there is an article written about the San Diego housing market stabilizing, a lot of people on this board tear it up and say that there is an endless amount of data against this idea. I’m not saying that we will see extreme increases in SD home values, but I am suggesting that there are a lot of areas of San Diego that have slightly increased in value or are stable. That is just the way it is. There are a ton of areas of San Diego that will not decrease in value any further and I believe that some of you can’t wrap your heads around this idea. I do not expect these areas to increase in value any time soon either. Lets face it, San Diego is not Las Vegas or Tampa or Orlando or Phoenix etc… We live in a City that is desirable and people are buying homes at the cyclic rate in our city. If the home is priced at market value, it will sell quickly. I also don’t believe that San Diego has a whole lot of ghost ivnentory left out there compared to the rest of the state/country. I do think that other parts of the country are not as fortunate. Just my opinion.

[lifeisgood]

I love this website for the different points of view on the housing market. I think it is hilarious that whenever there is a topic describing housing tumoil, it is always broad and hardly ever specific to San Diego. I really don’t care what is going on in Nevada or any other state for that matter. Any time there is an article written about the San Diego housing market stabilizing, a lot of people on this board tear it up and say that there is an endless amount of data against this idea. I’m not saying that we will see extreme increases in SD home values, but I am suggesting that there are a lot of areas of San Diego that have slightly increased in value or are stable. That is just the way it is. There are a ton of areas of San Diego that will not decrease in value any further and I believe that some of you can’t wrap your heads around this idea. I do not expect these areas to increase in value any time soon either. Lets face it, San Diego is not Las Vegas or Tampa or Orlando or Phoenix etc… We live in a City that is desirable and people are buying homes at the cyclic rate in our city. If the home is priced at market value, it will sell quickly. I also don’t believe that San Diego has a whole lot of ghost ivnentory left out there compared to the rest of the state/country. I do think that other parts of the country are not as fortunate. Just my opinion.

[lifeisgood]

I love this website for the different points of view on the housing market. I think it is hilarious that whenever there is a topic describing housing tumoil, it is always broad and hardly ever specific to San Diego. I really don’t care what is going on in Nevada or any other state for that matter. Any time there is an article written about the San Diego housing market stabilizing, a lot of people on this board tear it up and say that there is an endless amount of data against this idea. I’m not saying that we will see extreme increases in SD home values, but I am suggesting that there are a lot of areas of San Diego that have slightly increased in value or are stable. That is just the way it is. There are a ton of areas of San Diego that will not decrease in value any further and I believe that some of you can’t wrap your heads around this idea. I do not expect these areas to increase in value any time soon either. Lets face it, San Diego is not Las Vegas or Tampa or Orlando or Phoenix etc… We live in a City that is desirable and people are buying homes at the cyclic rate in our city. If the home is priced at market value, it will sell quickly. I also don’t believe that San Diego has a whole lot of ghost ivnentory left out there compared to the rest of the state/country. I do think that other parts of the country are not as fortunate. Just my opinion.

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