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pencilneck
ParticipantLa Posta brings back memories. Albeit distinctly hazy and fragmentary memories.
I don’t know much about real estate. The best time to buy a Chile Relleno Burrito is NEVER at 2:00 am.
pencilneck
ParticipantLa Posta brings back memories. Albeit distinctly hazy and fragmentary memories.
I don’t know much about real estate. The best time to buy a Chile Relleno Burrito is NEVER at 2:00 am.
pencilneck
ParticipantLa Posta brings back memories. Albeit distinctly hazy and fragmentary memories.
I don’t know much about real estate. The best time to buy a Chile Relleno Burrito is NEVER at 2:00 am.
December 11, 2010 at 1:33 PM in reply to: Let’s speculate effect of a massive earthquake on RE and CA economy. #638461pencilneck
ParticipantI believe San Diego would withstand a direct major earthquake pretty well. Tijuana would probably not fare so well, but, assuming most of our infrastructure stays intact, the rebuilding there could result in a net positive effect for real estate in the county of San Diego. I don’t mean to sound flippant about this, if that’s the way it comes across.
We are more vulnerable to a major earthquake in the Sacramento region, as this could damage the fragile levee system that provides water to about 2/3’s the state’s population. And a major earthquake is far more likely to occur in the Delta region than in San Diego. This would nearly certainly damage the economy of Southern California, and housing prices, severely for at least a few years.
http://www.achangeinthewind.com/2010/07/californias-katrina-levee-failure-in-the-delta.html
December 11, 2010 at 1:33 PM in reply to: Let’s speculate effect of a massive earthquake on RE and CA economy. #638533pencilneck
ParticipantI believe San Diego would withstand a direct major earthquake pretty well. Tijuana would probably not fare so well, but, assuming most of our infrastructure stays intact, the rebuilding there could result in a net positive effect for real estate in the county of San Diego. I don’t mean to sound flippant about this, if that’s the way it comes across.
We are more vulnerable to a major earthquake in the Sacramento region, as this could damage the fragile levee system that provides water to about 2/3’s the state’s population. And a major earthquake is far more likely to occur in the Delta region than in San Diego. This would nearly certainly damage the economy of Southern California, and housing prices, severely for at least a few years.
http://www.achangeinthewind.com/2010/07/californias-katrina-levee-failure-in-the-delta.html
December 11, 2010 at 1:33 PM in reply to: Let’s speculate effect of a massive earthquake on RE and CA economy. #639115pencilneck
ParticipantI believe San Diego would withstand a direct major earthquake pretty well. Tijuana would probably not fare so well, but, assuming most of our infrastructure stays intact, the rebuilding there could result in a net positive effect for real estate in the county of San Diego. I don’t mean to sound flippant about this, if that’s the way it comes across.
We are more vulnerable to a major earthquake in the Sacramento region, as this could damage the fragile levee system that provides water to about 2/3’s the state’s population. And a major earthquake is far more likely to occur in the Delta region than in San Diego. This would nearly certainly damage the economy of Southern California, and housing prices, severely for at least a few years.
http://www.achangeinthewind.com/2010/07/californias-katrina-levee-failure-in-the-delta.html
December 11, 2010 at 1:33 PM in reply to: Let’s speculate effect of a massive earthquake on RE and CA economy. #639249pencilneck
ParticipantI believe San Diego would withstand a direct major earthquake pretty well. Tijuana would probably not fare so well, but, assuming most of our infrastructure stays intact, the rebuilding there could result in a net positive effect for real estate in the county of San Diego. I don’t mean to sound flippant about this, if that’s the way it comes across.
We are more vulnerable to a major earthquake in the Sacramento region, as this could damage the fragile levee system that provides water to about 2/3’s the state’s population. And a major earthquake is far more likely to occur in the Delta region than in San Diego. This would nearly certainly damage the economy of Southern California, and housing prices, severely for at least a few years.
http://www.achangeinthewind.com/2010/07/californias-katrina-levee-failure-in-the-delta.html
December 11, 2010 at 1:33 PM in reply to: Let’s speculate effect of a massive earthquake on RE and CA economy. #639565pencilneck
ParticipantI believe San Diego would withstand a direct major earthquake pretty well. Tijuana would probably not fare so well, but, assuming most of our infrastructure stays intact, the rebuilding there could result in a net positive effect for real estate in the county of San Diego. I don’t mean to sound flippant about this, if that’s the way it comes across.
We are more vulnerable to a major earthquake in the Sacramento region, as this could damage the fragile levee system that provides water to about 2/3’s the state’s population. And a major earthquake is far more likely to occur in the Delta region than in San Diego. This would nearly certainly damage the economy of Southern California, and housing prices, severely for at least a few years.
http://www.achangeinthewind.com/2010/07/californias-katrina-levee-failure-in-the-delta.html
November 8, 2010 at 12:46 PM in reply to: UT: Some blame foreclosures on mortgage modification #628033pencilneck
Participant“Did any really think these loan mods wouldn’t have strings attached?”
I didn’t know how they were attached or where. Or how the banks would profit from them. A picture is starting to form.
November 8, 2010 at 12:46 PM in reply to: UT: Some blame foreclosures on mortgage modification #628110pencilneck
Participant“Did any really think these loan mods wouldn’t have strings attached?”
I didn’t know how they were attached or where. Or how the banks would profit from them. A picture is starting to form.
November 8, 2010 at 12:46 PM in reply to: UT: Some blame foreclosures on mortgage modification #628678pencilneck
Participant“Did any really think these loan mods wouldn’t have strings attached?”
I didn’t know how they were attached or where. Or how the banks would profit from them. A picture is starting to form.
November 8, 2010 at 12:46 PM in reply to: UT: Some blame foreclosures on mortgage modification #628803pencilneck
Participant“Did any really think these loan mods wouldn’t have strings attached?”
I didn’t know how they were attached or where. Or how the banks would profit from them. A picture is starting to form.
November 8, 2010 at 12:46 PM in reply to: UT: Some blame foreclosures on mortgage modification #629120pencilneck
Participant“Did any really think these loan mods wouldn’t have strings attached?”
I didn’t know how they were attached or where. Or how the banks would profit from them. A picture is starting to form.
November 8, 2010 at 10:31 AM in reply to: UT: Some blame foreclosures on mortgage modification #628557pencilneck
ParticipantThe twist is that that the mortgage modification offer was just another loan. I never looked into the details of these, so this is new to me.
The Wall Street Journal ran a better article on Saturday:
In a report to Congress on Oct. 26, Mr. Barofsky concluded that some borrowers seeking loan modifications through HAMP might wind up “worse off than before they participated.” Back payments, penalties and late fees triggered when homeowners are rejected for a permanent fix can push some borrowers over the edge, he said.
http://online.wsj.com/article/SB10001424052748704805204575594453938527666.html
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