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moneymaker
ParticipantAfter a quick google search found this http://www.energyvanguard.com/blog/59782/A-Great-Tool-for-Checking-Insulation-in-Walls
Won’t tell you how good the insulation is just whether it’s there or not.
P.S.- to flu’s point yes, I have one of those, mine has a somewhat big head, doesn’t always fit into holes. I was thinking more of a device like a stud finder would be cool.ParticipantSome of the poorest countries have high labor participation rates so by itself it is not significant, however I think not counting people because they aren’t employed or actively seeking work (quit looking) is kinda BS. Now is the drug dealer on the corner employed (he’s not paying taxes) depends on one’s point of view I suppose. Are under employed people considered employed, probably. I would like to be unemployed but I can’t afford to be!
ParticipantGood explanation SK in CV, and I thought maybe there were just more hippies around than I thought.
Participant$869/sq.ft. is not an asking price that is the sold price, I just don’t get it.
ParticipantJust dug up an oldie but goody thread https://piggington.com/are_there_new_homes_in_sd_without_hoa
ParticipantJust realized I was mentally lumping mello-roos into HOA. Not really in the market for a new home but was just counting my blessings that I don’t have to pay an HOA.
ParticipantThe graph does not mention San Diego nor do I intend to imply that 2017 is/was normal. But it is normal for real estate to go up and then down. We are in a similar situation as 2005, when people thought it couldn’t keep going up and yet it did until it didn’t anymore. Rates are obviously much lower now than they were then so things could continue on for some time possibly.
ParticipantGraphs are always good https://fred.stlouisfed.org/series/SDXRSA
As far as normal, yes even for San Diego there is a normal.ParticipantSimilar to gzz and others I have refinanced 3 times since buying in 2009, first was to get out of PMI, second was to get a lower rate and shorter term, 3rd time was for the same reason. I’m glad I’m not looking for a place in this market because I feel that the chances of a 20% increase in equity is about the same as a drop in value. Tough call! “Cash Call” wants everybody to use their house as an ATM, sound familiar? Obviously, I would have probably been better off to not pay points the first time around. Did not pay them the last time and still got an amazing rate.
ParticipantIn regards to #3 I’ve heard that deportations are twice what they were with Obama. If this continues or accelerates it could definitely impact rents. During the last housing crisis rents were reasonable. what started the snowball last time was layoffs. If companies start laying off i.e. like Microsoft did and is doing then more companies may see this as a way to prop up stock prices which would grow the snowball. It’s all about jobs! Good jobs are good for the economy…
Participanthttp://www.governing.com/gov-data/economy-finance/housing-affordability-by-city-income-rental-costs.html
Guess it depends on where you live, not too surprised to see Escondido as a rent is to high place but Temecula is a little surprising.Whether we are in a bubble or not also makes no difference to me personally as my mortgage is lower than I can rent for and no I’m not going to sell just to make a little money. Now when the average person cannot even come close to affording the average house then something is wrong. I’ve said it before and I’m saying it again now, the average wages are not keeping up with the increased cost of goods. Everything is increasing faster in price than incomes which is why the rich get richer and the poor are getting poorer. Granted a lot of those things are not necessary like water, electricity, eating out, movies, cell phones, new cars, drinking beer at breweries. Sure gas, groceries,air,and sunlight are still cheap, which must be how the government measures inflation.
If or when you take your equity out Rich just make sure you use it for something better than jet skis. P.S.-if not for the wife I would probably have a pair of them already.
Is it just my eyes or is the font shrinking?ParticipantTesla made a profit last year only because they sold a bunch of carbon credits, yet their stock is worth more than GM. Tesla should setup their car to act as a battery for the house when plugged in. I.E.- you could in theory run your house off the car in an emergency.
ParticipantUnless it’s a screaming deal I would steer clear of a house with obvious foundation issues.
ParticipantLooks great! Was in Cabo in May for the first time and visited Cabo Wabo for some great food and ambiance, picked up some guitar picks for my son. Would definitely go back to spend more time there.
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