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You might do OK with renters at that level: what many renters in my hood are doing is renting out a house using (1) room, and then sublet the rest of the house.

So in my POS ghetto hood we now have at least (3) dorm houses along our street.

So each person/family probably has to come up with $300-400/month (if that…) – I’m sure even welfare will cover that.

Temecula = the future Escondido.

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Plenty of FEMA concentration camps in the US for protesters.

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Plenty of FEMA concentration camps in the US for protesters.

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Plenty of FEMA concentration camps in the US for protesters.

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Plenty of FEMA concentration camps in the US for protesters.

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Plenty of FEMA concentration camps in the US for protesters.

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No inventory? What are you some kind of a Standard Pacific plant?

There are approx. 900 houses for sale in 92592 alone right now.

I really thought the nitwit factor was over? Anyone who pays basically 400k for that house needs their head examined.

It’s still a buyers market I guess – no matter what you hear on the news evidently this market will never end.

Laurel is not bad, but anyone who pays the current Standard Pacific prices is probably 50k upside down the 1st day they move in – maybe more.

Wolf Creek will remain unfinished for probably the next 10 years.

As far as those Chinese buyers go – these Realtors will do anything to avoid real work – what will they think of next?

Also, I heard one of them say “in China this house would cost 3 times as much”…these Chinese will be the Realtors next group of suckers.

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No inventory? What are you some kind of a Standard Pacific plant?

There are approx. 900 houses for sale in 92592 alone right now.

I really thought the nitwit factor was over? Anyone who pays basically 400k for that house needs their head examined.

It’s still a buyers market I guess – no matter what you hear on the news evidently this market will never end.

Laurel is not bad, but anyone who pays the current Standard Pacific prices is probably 50k upside down the 1st day they move in – maybe more.

Wolf Creek will remain unfinished for probably the next 10 years.

As far as those Chinese buyers go – these Realtors will do anything to avoid real work – what will they think of next?

Also, I heard one of them say “in China this house would cost 3 times as much”…these Chinese will be the Realtors next group of suckers.

[paramount]

No inventory? What are you some kind of a Standard Pacific plant?

There are approx. 900 houses for sale in 92592 alone right now.

I really thought the nitwit factor was over? Anyone who pays basically 400k for that house needs their head examined.

It’s still a buyers market I guess – no matter what you hear on the news evidently this market will never end.

Laurel is not bad, but anyone who pays the current Standard Pacific prices is probably 50k upside down the 1st day they move in – maybe more.

Wolf Creek will remain unfinished for probably the next 10 years.

As far as those Chinese buyers go – these Realtors will do anything to avoid real work – what will they think of next?

Also, I heard one of them say “in China this house would cost 3 times as much”…these Chinese will be the Realtors next group of suckers.

[paramount]

No inventory? What are you some kind of a Standard Pacific plant?

There are approx. 900 houses for sale in 92592 alone right now.

I really thought the nitwit factor was over? Anyone who pays basically 400k for that house needs their head examined.

It’s still a buyers market I guess – no matter what you hear on the news evidently this market will never end.

Laurel is not bad, but anyone who pays the current Standard Pacific prices is probably 50k upside down the 1st day they move in – maybe more.

Wolf Creek will remain unfinished for probably the next 10 years.

As far as those Chinese buyers go – these Realtors will do anything to avoid real work – what will they think of next?

Also, I heard one of them say “in China this house would cost 3 times as much”…these Chinese will be the Realtors next group of suckers.

[paramount]

No inventory? What are you some kind of a Standard Pacific plant?

There are approx. 900 houses for sale in 92592 alone right now.

I really thought the nitwit factor was over? Anyone who pays basically 400k for that house needs their head examined.

It’s still a buyers market I guess – no matter what you hear on the news evidently this market will never end.

Laurel is not bad, but anyone who pays the current Standard Pacific prices is probably 50k upside down the 1st day they move in – maybe more.

Wolf Creek will remain unfinished for probably the next 10 years.

As far as those Chinese buyers go – these Realtors will do anything to avoid real work – what will they think of next?

Also, I heard one of them say “in China this house would cost 3 times as much”…these Chinese will be the Realtors next group of suckers.

[paramount]

http://www.totalrecall2009.com/

Excerpts from an article in today’s NY Times:

“This is a state whose politicians, public sector unions and advocacy groups have been living in a fantasy world of overspending, investment-deadening taxation and job-killing regulation. Looking out over the state’s prospects and examining the budget deal that legislators have put together (jerry-rigged as it is with revenue gimmicks and unrealistic projections), the only question is who will be begging Washington for more money sooner, the banks, the auto companies or the Terminator…”

“The similarities between California and the auto companies are especially striking. Neither can afford their workforce. California schools pay their employees 35 percent more on average in wages and benefits than the national average (17 percent more when adjusted for the state’s higher standard of living), a significant bite because the state funds much of local education (to the tune of $42 billion last year). Benefits are a big part of these costs.”

“Another budget buster is California’s spending on social services, clocking in at about 70 percent more per capita than the national average. Leading the way is state spending on cash assistance programs (that is, welfare), where the state expends nearly three times more per resident than other states.”

“But California doesn’t just have a spending problem. Increasingly it also has economic and revenue problems. Even as I write this other neighboring states are running ads in local newspapers inviting California businesses to move their headquarters out of the state. That’s advertising money well spent. A poll of business executives conducted last year by Development Counsellors International, which advises companies on where to locate their facilities, tabbed California as the worst state to do business in.”

“California’s budget problems aren’t going away this time. There is no housing boom (or bubble) about to inflate, as it did in 2004, to help burnish the state’s economy, where the unemployment rate is now 9.3 percent, or two full percentage points above the national average.”

[paramount]

http://www.totalrecall2009.com/

Excerpts from an article in today’s NY Times:

“This is a state whose politicians, public sector unions and advocacy groups have been living in a fantasy world of overspending, investment-deadening taxation and job-killing regulation. Looking out over the state’s prospects and examining the budget deal that legislators have put together (jerry-rigged as it is with revenue gimmicks and unrealistic projections), the only question is who will be begging Washington for more money sooner, the banks, the auto companies or the Terminator…”

“The similarities between California and the auto companies are especially striking. Neither can afford their workforce. California schools pay their employees 35 percent more on average in wages and benefits than the national average (17 percent more when adjusted for the state’s higher standard of living), a significant bite because the state funds much of local education (to the tune of $42 billion last year). Benefits are a big part of these costs.”

“Another budget buster is California’s spending on social services, clocking in at about 70 percent more per capita than the national average. Leading the way is state spending on cash assistance programs (that is, welfare), where the state expends nearly three times more per resident than other states.”

“But California doesn’t just have a spending problem. Increasingly it also has economic and revenue problems. Even as I write this other neighboring states are running ads in local newspapers inviting California businesses to move their headquarters out of the state. That’s advertising money well spent. A poll of business executives conducted last year by Development Counsellors International, which advises companies on where to locate their facilities, tabbed California as the worst state to do business in.”

“California’s budget problems aren’t going away this time. There is no housing boom (or bubble) about to inflate, as it did in 2004, to help burnish the state’s economy, where the unemployment rate is now 9.3 percent, or two full percentage points above the national average.”

[paramount]

http://www.totalrecall2009.com/

Excerpts from an article in today’s NY Times:

“This is a state whose politicians, public sector unions and advocacy groups have been living in a fantasy world of overspending, investment-deadening taxation and job-killing regulation. Looking out over the state’s prospects and examining the budget deal that legislators have put together (jerry-rigged as it is with revenue gimmicks and unrealistic projections), the only question is who will be begging Washington for more money sooner, the banks, the auto companies or the Terminator…”

“The similarities between California and the auto companies are especially striking. Neither can afford their workforce. California schools pay their employees 35 percent more on average in wages and benefits than the national average (17 percent more when adjusted for the state’s higher standard of living), a significant bite because the state funds much of local education (to the tune of $42 billion last year). Benefits are a big part of these costs.”

“Another budget buster is California’s spending on social services, clocking in at about 70 percent more per capita than the national average. Leading the way is state spending on cash assistance programs (that is, welfare), where the state expends nearly three times more per resident than other states.”

“But California doesn’t just have a spending problem. Increasingly it also has economic and revenue problems. Even as I write this other neighboring states are running ads in local newspapers inviting California businesses to move their headquarters out of the state. That’s advertising money well spent. A poll of business executives conducted last year by Development Counsellors International, which advises companies on where to locate their facilities, tabbed California as the worst state to do business in.”

“California’s budget problems aren’t going away this time. There is no housing boom (or bubble) about to inflate, as it did in 2004, to help burnish the state’s economy, where the unemployment rate is now 9.3 percent, or two full percentage points above the national average.”

[paramount]

http://www.totalrecall2009.com/

Excerpts from an article in today’s NY Times:

“This is a state whose politicians, public sector unions and advocacy groups have been living in a fantasy world of overspending, investment-deadening taxation and job-killing regulation. Looking out over the state’s prospects and examining the budget deal that legislators have put together (jerry-rigged as it is with revenue gimmicks and unrealistic projections), the only question is who will be begging Washington for more money sooner, the banks, the auto companies or the Terminator…”

“The similarities between California and the auto companies are especially striking. Neither can afford their workforce. California schools pay their employees 35 percent more on average in wages and benefits than the national average (17 percent more when adjusted for the state’s higher standard of living), a significant bite because the state funds much of local education (to the tune of $42 billion last year). Benefits are a big part of these costs.”

“Another budget buster is California’s spending on social services, clocking in at about 70 percent more per capita than the national average. Leading the way is state spending on cash assistance programs (that is, welfare), where the state expends nearly three times more per resident than other states.”

“But California doesn’t just have a spending problem. Increasingly it also has economic and revenue problems. Even as I write this other neighboring states are running ads in local newspapers inviting California businesses to move their headquarters out of the state. That’s advertising money well spent. A poll of business executives conducted last year by Development Counsellors International, which advises companies on where to locate their facilities, tabbed California as the worst state to do business in.”

“California’s budget problems aren’t going away this time. There is no housing boom (or bubble) about to inflate, as it did in 2004, to help burnish the state’s economy, where the unemployment rate is now 9.3 percent, or two full percentage points above the national average.”

[Author]

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