[masayako]

For me, in your shoe, will sell. Cashing in $300k is the oppiortunity of a lifetime. I won’t hold a depreciating home. With $300k at hand, I will have a chance to gain financial freedom.

Just putting $300k in CD for 6 months will earn yourself $1,200 / month.

[masayako]

you know theres a bubble popping when….. RE agents, realtors and appraisers start to check out Professor Piggington’s Housing Bubble blog. ^_^

[masayako]

Marilyn, the market obviously is continuing to go up. Why don’t you buy now?

A total BS’er.

[masayako]

By the way, I convinced by wife not to buy because of the insanity housing price. At first, she had a hard time believing it but once she is convinced —> SHE LISTEN TO ME LIKE THE I’M A PROPHET IN THE OLD TESTAMENT.

[masayako]

Buy this book or go to a local bookstore and read about it.

Sell Now! : The End of the Housing Bubble

I’m searching my next home on a daily basis. It’s either dropping in price or more inventories are coming into MLS daily. I’ve cash at hand to pay at least 20% down for a median price home but, by no mean, am I going to catch a dropping knife. All the housing fundamentals are insanely out of whack at this point; basically whoever buy will most like lose money in this few years.

So, I rent.

[masayako]

All 4S ranch lots are small. It’s only good if you like to check out your neighbors’ BBQs once in a while.

[masayako]

My friends (husband and wife) bought their new SDH a@ Carmel Valley last year(Oct). With upgrades and stuff cost them a total of $890,000. This year, similar unit with the included upgrades sell for $799,000 as I was told. Losing $91,000 in 8 months. How about that?!

[masayako]

Ignorant sellers + ignorant government economists = oh my goodness. Put the seltbelt on, brothers.

[masayako]

“What should my wife and I do if we make too much???”

Donate the money to the needed. Help to make the world a better place.

[masayako]

Guys, I decided to go with the San Diego County Credit Union
CD account (5 months deposit) for 5.50% APY.

It’s the best and safest way in town to park my money. Check it out. The rate is better than most of the national banks, wells fargo, washington mutuals, BofA, CBofT etc…

http://www.sdccu.com/pages/index.asp

(Click the piggy) 🙂

I have a feeling that the rate will keep going up so, my suggestion is, don’t lock in too long. At most, 6 months.

[masayako]

5-7 yrs

[masayako]

1. More beach parkings
2. More public transportation
3. Add a China town
4. Add a Japan town
5. More diverse businesses
6. More affordable housing (I don’t mean cheap, but at less decently affordable)
7. Less corrupted city council
8. No property tax
9. Less people
10. NO MORE ‘Single family home’ on a condo zone!!
This is not a joke.

[masayako]

From the housing bubble burst in Japan the past decade, which is very similar to ours, I think the huge pricing drop is imminent.

[masayako]

about 90k. it’s about right.

90k definitely can allow you to get a median price house.

[masayako]

They do live here, just not in a house.

[Author]

Posts