Forum Replies Created
-
AuthorPosts
-
NotCranky
Participant“That is, unless one believes in some variation of the now-debunked New Paradigm or Soft Landing scenarios that predict a reset of the long term pricing trends at the much higher levels.”
I am not saying we have a plateau or soft landing or any of that hogwash and I never did. To say that the eventual floor could make 97′ look dirt cheap is a reasonable element for discussion.San Diego is a good potential candidate for such an effect to some degree. It is going to take more than a vague comparision to a few mostly unrelated,failed ideas to make it an obsolete theory.
Breakfast calls, I will work on this later.
Participant“That is, unless one believes in some variation of the now-debunked New Paradigm or Soft Landing scenarios that predict a reset of the long term pricing trends at the much higher levels.”
I am not saying we have a plateau or soft landing or any of that hogwash and I never did. To say that the eventual floor could make 97′ look dirt cheap is a reasonable element for discussion.San Diego is a good potential candidate for such an effect to some degree. It is going to take more than a vague comparision to a few mostly unrelated,failed ideas to make it an obsolete theory.
Breakfast calls, I will work on this later.
Participant“That is, unless one believes in some variation of the now-debunked New Paradigm or Soft Landing scenarios that predict a reset of the long term pricing trends at the much higher levels.”
I am not saying we have a plateau or soft landing or any of that hogwash and I never did. To say that the eventual floor could make 97′ look dirt cheap is a reasonable element for discussion.San Diego is a good potential candidate for such an effect to some degree. It is going to take more than a vague comparision to a few mostly unrelated,failed ideas to make it an obsolete theory.
Breakfast calls, I will work on this later.
Participant“That is, unless one believes in some variation of the now-debunked New Paradigm or Soft Landing scenarios that predict a reset of the long term pricing trends at the much higher levels.”
I am not saying we have a plateau or soft landing or any of that hogwash and I never did. To say that the eventual floor could make 97′ look dirt cheap is a reasonable element for discussion.San Diego is a good potential candidate for such an effect to some degree. It is going to take more than a vague comparision to a few mostly unrelated,failed ideas to make it an obsolete theory.
Breakfast calls, I will work on this later.
Participant“That is, unless one believes in some variation of the now-debunked New Paradigm or Soft Landing scenarios that predict a reset of the long term pricing trends at the much higher levels.”
I am not saying we have a plateau or soft landing or any of that hogwash and I never did. To say that the eventual floor could make 97′ look dirt cheap is a reasonable element for discussion.San Diego is a good potential candidate for such an effect to some degree. It is going to take more than a vague comparision to a few mostly unrelated,failed ideas to make it an obsolete theory.
Breakfast calls, I will work on this later.
ParticipantDaniel, I think you made a good point and expressed it well with the Buffalo comparison. Possibly we need a few more years to decide where RE in San Diego really was in 97′.
ParticipantDaniel, I think you made a good point and expressed it well with the Buffalo comparison. Possibly we need a few more years to decide where RE in San Diego really was in 97′.
ParticipantDaniel, I think you made a good point and expressed it well with the Buffalo comparison. Possibly we need a few more years to decide where RE in San Diego really was in 97′.
ParticipantDaniel, I think you made a good point and expressed it well with the Buffalo comparison. Possibly we need a few more years to decide where RE in San Diego really was in 97′.
ParticipantDaniel, I think you made a good point and expressed it well with the Buffalo comparison. Possibly we need a few more years to decide where RE in San Diego really was in 97′.
Participant“I dont trust any stats I have seen because I haven’t seen any which accurately portray what has and is happening.”
The stats show the trend for the big picture and can’t do any better than that because the housing stock and location value of very few areas encompassed by a zip code, let alone two or three zips, is homogeneous. In the chart Normal Heights is lumped with Mission Valley. These two zips have very little in common. 92116 alone might as well be two or three worlds lumped together. It contains Kensington which resembles a higher tier and other areas that are almost on par with Logan Heights. You could have a house in that zip that is only down 3-5% and another 25%. The average for the two zips is 7%. From a buyer’s or a seller’s point of view that stat could be meaningless, beyond the obvious that almost all houses are falling to some degree. There are many applicable variations of the same theme for other areas.
Disclaimer: I am not bullish on any market, or even a particular house in the region.
Participant“I dont trust any stats I have seen because I haven’t seen any which accurately portray what has and is happening.”
The stats show the trend for the big picture and can’t do any better than that because the housing stock and location value of very few areas encompassed by a zip code, let alone two or three zips, is homogeneous. In the chart Normal Heights is lumped with Mission Valley. These two zips have very little in common. 92116 alone might as well be two or three worlds lumped together. It contains Kensington which resembles a higher tier and other areas that are almost on par with Logan Heights. You could have a house in that zip that is only down 3-5% and another 25%. The average for the two zips is 7%. From a buyer’s or a seller’s point of view that stat could be meaningless, beyond the obvious that almost all houses are falling to some degree. There are many applicable variations of the same theme for other areas.
Disclaimer: I am not bullish on any market, or even a particular house in the region.
Participant“I dont trust any stats I have seen because I haven’t seen any which accurately portray what has and is happening.”
The stats show the trend for the big picture and can’t do any better than that because the housing stock and location value of very few areas encompassed by a zip code, let alone two or three zips, is homogeneous. In the chart Normal Heights is lumped with Mission Valley. These two zips have very little in common. 92116 alone might as well be two or three worlds lumped together. It contains Kensington which resembles a higher tier and other areas that are almost on par with Logan Heights. You could have a house in that zip that is only down 3-5% and another 25%. The average for the two zips is 7%. From a buyer’s or a seller’s point of view that stat could be meaningless, beyond the obvious that almost all houses are falling to some degree. There are many applicable variations of the same theme for other areas.
Disclaimer: I am not bullish on any market, or even a particular house in the region.
Participant“I dont trust any stats I have seen because I haven’t seen any which accurately portray what has and is happening.”
The stats show the trend for the big picture and can’t do any better than that because the housing stock and location value of very few areas encompassed by a zip code, let alone two or three zips, is homogeneous. In the chart Normal Heights is lumped with Mission Valley. These two zips have very little in common. 92116 alone might as well be two or three worlds lumped together. It contains Kensington which resembles a higher tier and other areas that are almost on par with Logan Heights. You could have a house in that zip that is only down 3-5% and another 25%. The average for the two zips is 7%. From a buyer’s or a seller’s point of view that stat could be meaningless, beyond the obvious that almost all houses are falling to some degree. There are many applicable variations of the same theme for other areas.
Disclaimer: I am not bullish on any market, or even a particular house in the region.
-
AuthorPosts
