[moneymaker]

I say Cabal is the winner with temeculaguy a close 2nd, only because he posted afterwards. Next year I predict gold bubble will burst as people discover there is no nutritional value in gold.

[moneymaker]

I say Cabal is the winner with temeculaguy a close 2nd, only because he posted afterwards. Next year I predict gold bubble will burst as people discover there is no nutritional value in gold.

[moneymaker]

I say Cabal is the winner with temeculaguy a close 2nd, only because he posted afterwards. Next year I predict gold bubble will burst as people discover there is no nutritional value in gold.

[moneymaker]

You could try GTM, but be very careful of any metal stuff coming from overseas, the welds are so bad they must be welding with their eyes shut. Been where you are about a year ago, now I’m thinking of tiling the plain looking concrete patio. Has anyone done this? I know there isn’t much tougher than concrete, but I think a nice pattern would look pretty cool.

[moneymaker]

You could try GTM, but be very careful of any metal stuff coming from overseas, the welds are so bad they must be welding with their eyes shut. Been where you are about a year ago, now I’m thinking of tiling the plain looking concrete patio. Has anyone done this? I know there isn’t much tougher than concrete, but I think a nice pattern would look pretty cool.

[moneymaker]

You could try GTM, but be very careful of any metal stuff coming from overseas, the welds are so bad they must be welding with their eyes shut. Been where you are about a year ago, now I’m thinking of tiling the plain looking concrete patio. Has anyone done this? I know there isn’t much tougher than concrete, but I think a nice pattern would look pretty cool.

[moneymaker]

You could try GTM, but be very careful of any metal stuff coming from overseas, the welds are so bad they must be welding with their eyes shut. Been where you are about a year ago, now I’m thinking of tiling the plain looking concrete patio. Has anyone done this? I know there isn’t much tougher than concrete, but I think a nice pattern would look pretty cool.

[moneymaker]

You could try GTM, but be very careful of any metal stuff coming from overseas, the welds are so bad they must be welding with their eyes shut. Been where you are about a year ago, now I’m thinking of tiling the plain looking concrete patio. Has anyone done this? I know there isn’t much tougher than concrete, but I think a nice pattern would look pretty cool.

[moneymaker]

[quote=Eugene]We have fairly stringent building standards, They ensure that even a medium-to-large earthquake (say, up to 7.0) will only cause mild damage. If something above 7.0 happens in a densely populated area, the Feds will have no choice but to help, even if Mrs. Palin is the president.

Some people will choose to pack up and leave the affected area rather than rebuild. Many of them will not leave the state altogether, they’ll just rent apartments near their jobs. For example, San Bernardino and Hemet are two cities prone to being wiped out by an earthquake on the San Andreas Fault. Neither of the two are major job centers of their own. Rather, they are exurbs similar to Temecula, and lots of their residents commute to OC/LA. What happens when the earthquake hits? They move to OC/LA and drive up prices there.

The affected area will suffer a drop in population. Safe nearby areas will see jumps in population, rents, and real estate prices.

San Diego is the safest densely populated part of the state to be in with regard to earthquakes. I’d expect it to be an overall winner if the big one does occur.[/quote]
Interesting that the last 2 posts promulgate 2 of the most popular myths when it comes to eathquakes. 1)that CA will drop into the ocean and 2)that building standards will keep damage to a minimum. What I just learned is that San Bernadino-Imperial counties have not had a big one in over 300 years and the probability of a big one in our lifetimes is like 97%. San Diego appears to be safe but Temecula not so much, lucky for El Centro I don’t think they have too many tall buildings there.

[moneymaker]

[quote=Eugene]We have fairly stringent building standards, They ensure that even a medium-to-large earthquake (say, up to 7.0) will only cause mild damage. If something above 7.0 happens in a densely populated area, the Feds will have no choice but to help, even if Mrs. Palin is the president.

Some people will choose to pack up and leave the affected area rather than rebuild. Many of them will not leave the state altogether, they’ll just rent apartments near their jobs. For example, San Bernardino and Hemet are two cities prone to being wiped out by an earthquake on the San Andreas Fault. Neither of the two are major job centers of their own. Rather, they are exurbs similar to Temecula, and lots of their residents commute to OC/LA. What happens when the earthquake hits? They move to OC/LA and drive up prices there.

The affected area will suffer a drop in population. Safe nearby areas will see jumps in population, rents, and real estate prices.

San Diego is the safest densely populated part of the state to be in with regard to earthquakes. I’d expect it to be an overall winner if the big one does occur.[/quote]
Interesting that the last 2 posts promulgate 2 of the most popular myths when it comes to eathquakes. 1)that CA will drop into the ocean and 2)that building standards will keep damage to a minimum. What I just learned is that San Bernadino-Imperial counties have not had a big one in over 300 years and the probability of a big one in our lifetimes is like 97%. San Diego appears to be safe but Temecula not so much, lucky for El Centro I don’t think they have too many tall buildings there.

[moneymaker]

[quote=Eugene]We have fairly stringent building standards, They ensure that even a medium-to-large earthquake (say, up to 7.0) will only cause mild damage. If something above 7.0 happens in a densely populated area, the Feds will have no choice but to help, even if Mrs. Palin is the president.

Some people will choose to pack up and leave the affected area rather than rebuild. Many of them will not leave the state altogether, they’ll just rent apartments near their jobs. For example, San Bernardino and Hemet are two cities prone to being wiped out by an earthquake on the San Andreas Fault. Neither of the two are major job centers of their own. Rather, they are exurbs similar to Temecula, and lots of their residents commute to OC/LA. What happens when the earthquake hits? They move to OC/LA and drive up prices there.

The affected area will suffer a drop in population. Safe nearby areas will see jumps in population, rents, and real estate prices.

San Diego is the safest densely populated part of the state to be in with regard to earthquakes. I’d expect it to be an overall winner if the big one does occur.[/quote]
Interesting that the last 2 posts promulgate 2 of the most popular myths when it comes to eathquakes. 1)that CA will drop into the ocean and 2)that building standards will keep damage to a minimum. What I just learned is that San Bernadino-Imperial counties have not had a big one in over 300 years and the probability of a big one in our lifetimes is like 97%. San Diego appears to be safe but Temecula not so much, lucky for El Centro I don’t think they have too many tall buildings there.

[moneymaker]

[quote=Eugene]We have fairly stringent building standards, They ensure that even a medium-to-large earthquake (say, up to 7.0) will only cause mild damage. If something above 7.0 happens in a densely populated area, the Feds will have no choice but to help, even if Mrs. Palin is the president.

Some people will choose to pack up and leave the affected area rather than rebuild. Many of them will not leave the state altogether, they’ll just rent apartments near their jobs. For example, San Bernardino and Hemet are two cities prone to being wiped out by an earthquake on the San Andreas Fault. Neither of the two are major job centers of their own. Rather, they are exurbs similar to Temecula, and lots of their residents commute to OC/LA. What happens when the earthquake hits? They move to OC/LA and drive up prices there.

The affected area will suffer a drop in population. Safe nearby areas will see jumps in population, rents, and real estate prices.

San Diego is the safest densely populated part of the state to be in with regard to earthquakes. I’d expect it to be an overall winner if the big one does occur.[/quote]
Interesting that the last 2 posts promulgate 2 of the most popular myths when it comes to eathquakes. 1)that CA will drop into the ocean and 2)that building standards will keep damage to a minimum. What I just learned is that San Bernadino-Imperial counties have not had a big one in over 300 years and the probability of a big one in our lifetimes is like 97%. San Diego appears to be safe but Temecula not so much, lucky for El Centro I don’t think they have too many tall buildings there.

[moneymaker]

[quote=Eugene]We have fairly stringent building standards, They ensure that even a medium-to-large earthquake (say, up to 7.0) will only cause mild damage. If something above 7.0 happens in a densely populated area, the Feds will have no choice but to help, even if Mrs. Palin is the president.

Some people will choose to pack up and leave the affected area rather than rebuild. Many of them will not leave the state altogether, they’ll just rent apartments near their jobs. For example, San Bernardino and Hemet are two cities prone to being wiped out by an earthquake on the San Andreas Fault. Neither of the two are major job centers of their own. Rather, they are exurbs similar to Temecula, and lots of their residents commute to OC/LA. What happens when the earthquake hits? They move to OC/LA and drive up prices there.

The affected area will suffer a drop in population. Safe nearby areas will see jumps in population, rents, and real estate prices.

San Diego is the safest densely populated part of the state to be in with regard to earthquakes. I’d expect it to be an overall winner if the big one does occur.[/quote]
Interesting that the last 2 posts promulgate 2 of the most popular myths when it comes to eathquakes. 1)that CA will drop into the ocean and 2)that building standards will keep damage to a minimum. What I just learned is that San Bernadino-Imperial counties have not had a big one in over 300 years and the probability of a big one in our lifetimes is like 97%. San Diego appears to be safe but Temecula not so much, lucky for El Centro I don’t think they have too many tall buildings there.

[moneymaker]

Personally I think it has more to do with what is happening over seas than here in the US. We live in a global economy so when inflation happens in say China it affects us here. My question for everybody out there is “is the housing market a free market economy?” I think not! With big government intervention. As an aside suppose rents go up with inflation, free market would imply there would be fewer renters, price up demand down, but the reality is quite different. When rents go up it is harder for people to save the down payment needed to buy a house and hence they are stuck in a vicious cycle of renting.

[moneymaker]

Personally I think it has more to do with what is happening over seas than here in the US. We live in a global economy so when inflation happens in say China it affects us here. My question for everybody out there is “is the housing market a free market economy?” I think not! With big government intervention. As an aside suppose rents go up with inflation, free market would imply there would be fewer renters, price up demand down, but the reality is quite different. When rents go up it is harder for people to save the down payment needed to buy a house and hence they are stuck in a vicious cycle of renting.

[Author]

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