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August 25, 2006 at 10:03 AM in reply to: Another KPBS (89.5 FM) program on the SD housing market #33208
PerryChase
ParticipantI like the Fortune article — one of the few that debunks real estate myths.
PerryChase
Participant” I want to run out of Viagra, money, surfwax and heartbeats at the same time. My timing has been pretty good so far.”
LookoutBelow, you sound like a wise man. I’m 38 and I’m hoping to do the same thing you are. 🙂
August 25, 2006 at 9:35 AM in reply to: Another KPBS (89.5 FM) program on the SD housing market #33192PerryChase
Participanthttp://www.kpbs.org/Radio/DynPage.php?id=1656
If you wish to podcast the show.
PerryChase
ParticipantI think that we’re all enjoying being vindicated after being the evil party poopers (who were irresponsible doomsayers wishing ill to everyone) for so long.
PerryChase
ParticipantI do the same thing as you, speedingbullet. Amazingly it works really well and after a while you really get a feeling for the market.
I’ve worked with Realtors before and, in my opinion, they’re a real pain in the *ss. They just want you to decide on a home and buy within 30 days. They love to do that to vulnerable people who know nothing about real-estate.
Since we are looking years down the road, Ziprealty is the best way to do it. When I decide to buy, I’ll just schedule a showing with with ziprealty and I’ll buy from them.
I remember the days when you had to depend on Realtors to access the data (or the days you needed a travel agent).
I think that this crash will happen much quicker thanks to how fast technology desseminates info to the public.
PerryChase
ParticipantI was reading all the national news about housing declines that’ve hit the newspapers in the last fews days. I noticed that all the stories weave in personal experiences of individual sellers and buyers with the data. It works to convey to the average joe what’s going on in the market. Data is meaningless to people without real examples.
PerryChase
ParticipantVery interesting article. Ms. Guth listed her house for 1.1M but sold at auction for $530k. What was her broker doing all along? That shows you how much brokers know about the values of houses. They just look at comps then put a price on it hoping that’ll it stick.
ybc, good analysis. Thanks for posting.
PerryChase
ParticipantCity or County officials in San Diego all work for development interests. They know exactly what’s going-on. What they do about it is something else.
San Diego is a big city with a small town atmosphere. The good-old-boys’ club is very much alive and running things here.
PerryChase
Participant1) Own in suburb. Purchased a long time ago.
2) Own. Bubble but lifestyle decision to own.
3) Still own. Hate packing. Everything in the house is just the way I like it.
4) Independent analysis
5) Stay in San Diego but want to move to Central San Diego (downtown, mission hills, hillcrest, point loma, bay park…). Hate impersonal suburban life.PerryChase
ParticipantTrue, west of I5 is where the old money is except for Rancho Santa Fe, Fairbanks Ranch and Mission Hills.
Powayseller, I agree with you on houses, but not everyone can afford an architect-built house. That’s just too costly and not realistic.
Mass home builders provide good products at good prices. We just need more low-end, higher density, better planned communities (outside the home, not just inside), and public transport.
I prefer old cities like New York and Paris, but for new planned new cities, I like Singapore. The housing is affordable (built by the government) well maintained and pretty decent for the common man. The home ownership rate there is 85%, the highest in the world. To me, Singapore is very much like San Diego but with higher density. The average person lives in decent condos and rich people live in luxury towers or in SFR.
PerryChase
ParticipantThe reason I said that about women is not because I’m a misogynist. I frequently visit my bro at his upscale townhouse complex and many of the neighbors are middle age divorcees or single professional women. Despite their well-to-do status, they resent men, yet still hope to meet the right one. Money has nothing to do with it.
I think that men care about charm and good-looks whereas women care about security. I’m not saying that either way is better — just my observation. My friend who is a sociology professor (not in San Diego) agrees with me.
PerryChase
ParticipantAnother bunch of bull sales gimmick to drum up traffic. So many sellers say auction and that they’ll take the best offer by friday xx/xx/06. When the time comes around, the property is still sitting unsold. Then the seller lost all credibility with his potential buyers.
If I were to buy, I’d put in one low-ball offer and that’s it.
PerryChase
ParticipantNate, my brother is in pretty much the same situation as your bro. Some of the things that my sister-in-law pulls to get attention is hillarious. The drama is kinda fun to to watch.
I think however that women are socialized to find husbands who’ll take care of them.
For me, egalitarian relationships are the best.
PerryChase
ParticipantJust out of curiosity, did anyone here, just for fun, lookup the Randy Duke Cunningham sales?
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