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December 19, 2007 at 9:46 PM in reply to: The often asked question, when will housing bottom? #121324December 19, 2007 at 9:46 PM in reply to: The often asked question, when will housing bottom? #121353
patientrenter
ParticipantLast downturn in CA started in 1989-90 and went to 1996-7, or about 7 years from peak to bottom. This time, the peak was 2006 for OC, perhaps 2005 for SD, so maybe 2012-2013 is a reasonable guess.
Patient renter in OC
December 19, 2007 at 9:46 PM in reply to: The often asked question, when will housing bottom? #121404ParticipantLast downturn in CA started in 1989-90 and went to 1996-7, or about 7 years from peak to bottom. This time, the peak was 2006 for OC, perhaps 2005 for SD, so maybe 2012-2013 is a reasonable guess.
Patient renter in OC
December 19, 2007 at 9:46 PM in reply to: The often asked question, when will housing bottom? #121426ParticipantLast downturn in CA started in 1989-90 and went to 1996-7, or about 7 years from peak to bottom. This time, the peak was 2006 for OC, perhaps 2005 for SD, so maybe 2012-2013 is a reasonable guess.
Patient renter in OC
Participantraptorduck, most people here can afford less than 1/10 of what you can afford. At current SD prices, what they can buy isn’t so very nice. And that’s the problem…. prices are lower than last year, but decent places are still unaffordable for all but a very few.
Having said that, obviously some people are mistaking hope for knowledge when they assert that prices will drop by more than 50%, and it’s all in the bag, and God himself came by and told them. It may come to pass, but I haven’t seen anyone lay out the proof yet.
Patient renter in OC
Participantraptorduck, most people here can afford less than 1/10 of what you can afford. At current SD prices, what they can buy isn’t so very nice. And that’s the problem…. prices are lower than last year, but decent places are still unaffordable for all but a very few.
Having said that, obviously some people are mistaking hope for knowledge when they assert that prices will drop by more than 50%, and it’s all in the bag, and God himself came by and told them. It may come to pass, but I haven’t seen anyone lay out the proof yet.
Patient renter in OC
Participantraptorduck, most people here can afford less than 1/10 of what you can afford. At current SD prices, what they can buy isn’t so very nice. And that’s the problem…. prices are lower than last year, but decent places are still unaffordable for all but a very few.
Having said that, obviously some people are mistaking hope for knowledge when they assert that prices will drop by more than 50%, and it’s all in the bag, and God himself came by and told them. It may come to pass, but I haven’t seen anyone lay out the proof yet.
Patient renter in OC
Participantraptorduck, most people here can afford less than 1/10 of what you can afford. At current SD prices, what they can buy isn’t so very nice. And that’s the problem…. prices are lower than last year, but decent places are still unaffordable for all but a very few.
Having said that, obviously some people are mistaking hope for knowledge when they assert that prices will drop by more than 50%, and it’s all in the bag, and God himself came by and told them. It may come to pass, but I haven’t seen anyone lay out the proof yet.
Patient renter in OC
Participantraptorduck, most people here can afford less than 1/10 of what you can afford. At current SD prices, what they can buy isn’t so very nice. And that’s the problem…. prices are lower than last year, but decent places are still unaffordable for all but a very few.
Having said that, obviously some people are mistaking hope for knowledge when they assert that prices will drop by more than 50%, and it’s all in the bag, and God himself came by and told them. It may come to pass, but I haven’t seen anyone lay out the proof yet.
Patient renter in OC
ParticipantAK, I hope you’re right, but what odds would you give for that being changed?
Patient renter in OC
ParticipantAK, I hope you’re right, but what odds would you give for that being changed?
Patient renter in OC
ParticipantAK, I hope you’re right, but what odds would you give for that being changed?
Patient renter in OC
ParticipantAK, I hope you’re right, but what odds would you give for that being changed?
Patient renter in OC
ParticipantAK, I hope you’re right, but what odds would you give for that being changed?
Patient renter in OC
Participant“You can rent something very nice for 2k.” LOL. And you can rent something better than a cardboard box on the street for less than 1K.
There’s almost no recognition out there that the alternative to owning is not homelessness (for 99% of people), it’s called RENTING. Try it, foreclosees, you’ll find it very affordable, and dry, and warm.
Patient renter in OC
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