[no_such_reality]

I was just saying that, all other things being equal, our community needs more medium and high density housing in areas that have services and transportation like Mission Valley.

Unfortunately our model for mid-high density is severely flawed. Developers just replicate apartments and lob some ‘premier’ units on the top floors/corners.

Families are not going to want 500sf studios and 600 sf 1 bedrooms mixed throughout their floors. They are rentals. That’s all they’ll ever be and by mixing that garbage into the development you are banishing the whole complex to apartmenthood.

[no_such_reality]

I was just saying that, all other things being equal, our community needs more medium and high density housing in areas that have services and transportation like Mission Valley.

Unfortunately our model for mid-high density is severely flawed. Developers just replicate apartments and lob some ‘premier’ units on the top floors/corners.

Families are not going to want 500sf studios and 600 sf 1 bedrooms mixed throughout their floors. They are rentals. That’s all they’ll ever be and by mixing that garbage into the development you are banishing the whole complex to apartmenthood.

[no_such_reality]

It’s simple, too many people haven’t been good for the money.

So, given the so many people aren’t good for the money, rates have to be that much higher to provide the risk adjusted return needed to buy the mortgage instead of just buying a treasury bond.

[no_such_reality]

It’s simple, too many people haven’t been good for the money.

So, given the so many people aren’t good for the money, rates have to be that much higher to provide the risk adjusted return needed to buy the mortgage instead of just buying a treasury bond.

[no_such_reality]

It’s simple, too many people haven’t been good for the money.

So, given the so many people aren’t good for the money, rates have to be that much higher to provide the risk adjusted return needed to buy the mortgage instead of just buying a treasury bond.

[no_such_reality]

Our $790k mortgage becomes $690 at 4% which is $28.75 in payments per/year.

Let’s use rates representative of the market from ’05 to present.

At 5.5%, about where long term fixed rates bottomed out for financing, the payment on $690K is $47K a year. Taxes are $7.9K a year. Total $54.9K a year.

At 8%, the $300K mortgage is $25K and property taxes $4K. For a total of $29K a year.

Granted, $54.9K isn’t double $29K, but it’s close enough in my booked.

[no_such_reality]

Our $790k mortgage becomes $690 at 4% which is $28.75 in payments per/year.

Let’s use rates representative of the market from ’05 to present.

At 5.5%, about where long term fixed rates bottomed out for financing, the payment on $690K is $47K a year. Taxes are $7.9K a year. Total $54.9K a year.

At 8%, the $300K mortgage is $25K and property taxes $4K. For a total of $29K a year.

Granted, $54.9K isn’t double $29K, but it’s close enough in my booked.

[no_such_reality]

Our $790k mortgage becomes $690 at 4% which is $28.75 in payments per/year.

Let’s use rates representative of the market from ’05 to present.

At 5.5%, about where long term fixed rates bottomed out for financing, the payment on $690K is $47K a year. Taxes are $7.9K a year. Total $54.9K a year.

At 8%, the $300K mortgage is $25K and property taxes $4K. For a total of $29K a year.

Granted, $54.9K isn’t double $29K, but it’s close enough in my booked.

[no_such_reality]

The govt in wisdom will form a committee to investigate how this could happen.

So who is Joe Kennedy this time around?

[no_such_reality]

The govt in wisdom will form a committee to investigate how this could happen.

So who is Joe Kennedy this time around?

[no_such_reality]

The govt in wisdom will form a committee to investigate how this could happen.

So who is Joe Kennedy this time around?

[no_such_reality]

Rates are not going insane for those who QUALIFY.

And how did this reduce the qualifying pool by?

The more you have to put down, the higher your credit score, the easier it will be to get a loan.

What percentage of the population has $100,000 to put down?

[no_such_reality]

Rates are not going insane for those who QUALIFY.

And how did this reduce the qualifying pool by?

The more you have to put down, the higher your credit score, the easier it will be to get a loan.

What percentage of the population has $100,000 to put down?

[no_such_reality]

Rates are not going insane for those who QUALIFY.

And how did this reduce the qualifying pool by?

The more you have to put down, the higher your credit score, the easier it will be to get a loan.

What percentage of the population has $100,000 to put down?

[no_such_reality]

How can you like QQQ better ????

Palm is an individual stock, kind of like buying a home from a flip this house episode that used bleach water to clean mold covered walls and later discovered that there’s still mold and the foundation is cracked. Perhaps that would be Enron…

QQQ on the other hand, is the cream of the NASDAQ crop, like the best neighborhoods of San Diego. It’s still completely toasted. They aren’t companies that failed, they’re still the best, they’re just worth 1/3rd of what they were in the dot com bubble.

[Author]

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