[PerryChase]

Great work, Gary. Thanks for sharing. 🙂 I know the area that you’re talking about as I’ve been to the DMV other there. I had some business in that area and it’s not bad. Actually Lennar is building Sky Ranch in Santee just up the hill. Santee has many new housing developments; and interestingly the median income in Santee is higher than San Diego (most likely because it’s fairly new with more recent residents who bought in at a higher cost basis).

Once the 52 connects with the 67 that area will be pretty convenient. You can zoom over to San Diego on the 52. 67 and I8 will take you to SDSU then Downtown SD easily.

If you look at the map, that area will eventually be “central” as more development moves eastwards. Comparing to The OC, this area will become like a Yorba Linda of San Diego.

———–

Perhaps Gary doesn’t want to spend a large chunk of his income on housing. I can understand that. Think of all the people in such communities as Carmel Valley, Irvine and Laguna Niguel who absolutely have to have a certain minimum income income in order to keep the house and the car, not to mention keep the family happy. That’s a lot of stress. Most would say that they have nice lives but I think not.

What about doing what makes you happy and live life as the adventure that it should be?

———-
To post graphs, open the window that contains the graph. Do an Alt+PrtSc (print screen). Open a graphic program like Microsoft Paint, paste then save as .jpg. Then post the .jpg file.

[PerryChase]

I don’t see what’s so unethical about it. The RE Agent is an independing contractor. He can do whatever he wants.

In my book, it’s OK to discriminate based on the money and time involved but not based on the person.

Buyers need to educate themselves some more. They have the money so, in essence, they control the transaction. If they don’t like something, they have the option to walk. Keep the emotions out of it.

[PerryChase]

I don’t see what’s so unethical about it. The RE Agent is an independing contractor. He can do whatever he wants.

In my book, it’s OK to discriminate based on the money and time involved but not based on the person.

Buyers need to educate themselves some more. They have the money so, in essence, they control the transaction. If they don’t like something, they have the option to walk. Keep the emotions out of it.

[PerryChase]

Gary and Rustico, you guys have good values. I agree that the American Dream is about financial freedom. Don’t overstretch and do what you want to do. Life is an adventure. Discover it your own way and enjoy it. That’s the life.

[PerryChase]

Gary and Rustico, you guys have good values. I agree that the American Dream is about financial freedom. Don’t overstretch and do what you want to do. Life is an adventure. Discover it your own way and enjoy it. That’s the life.

[PerryChase]

As far as globalization is concerned, I believe that 2000-2005 was the euphoria stage. There are now plenty of desirable place being developed around the world so our cities will eventually no longer be as attractive to foreigners.

Think of the 2nd and 3rd tier cities of Europe. They are lovely but are you going to buy a house there? Only 100 years ago, American cities were nothing compared to the cities of Europe. We’ll see that same shift to Asia in the 21st Century.

Population growth will stagnate in 50 more years (even in China) and we’ll have to come up with a new business model.

I just read that miles of beaches are being developed in Montenegro which is experiencing a property boom of its own.

The property boom is world-wide and if this continues we’ll end up with a glut of housing/resorts/hotels/offices.

[PerryChase]

As far as globalization is concerned, I believe that 2000-2005 was the euphoria stage. There are now plenty of desirable place being developed around the world so our cities will eventually no longer be as attractive to foreigners.

Think of the 2nd and 3rd tier cities of Europe. They are lovely but are you going to buy a house there? Only 100 years ago, American cities were nothing compared to the cities of Europe. We’ll see that same shift to Asia in the 21st Century.

Population growth will stagnate in 50 more years (even in China) and we’ll have to come up with a new business model.

I just read that miles of beaches are being developed in Montenegro which is experiencing a property boom of its own.

The property boom is world-wide and if this continues we’ll end up with a glut of housing/resorts/hotels/offices.

[PerryChase]

http://www.costar.com is the place to visit for commercial real estate. But you have to pay.

[PerryChase]

http://www.costar.com is the place to visit for commercial real estate. But you have to pay.

[PerryChase]

I voted for Bush Sr myself because Clinton was an unknown at the time. However Clinton grew on me after a few years.

I do think that Bush Sr was a very smart statesman. Can’t say the same for his son.

[PerryChase]

I voted for Bush Sr myself because Clinton was an unknown at the time. However Clinton grew on me after a few years.

I do think that Bush Sr was a very smart statesman. Can’t say the same for his son.

[PerryChase]

Ok FormerSanDiegan. Thanks for the history lesson. 15 years later, my memory is fading. 🙂

[PerryChase]

Ok FormerSanDiegan. Thanks for the history lesson. 15 years later, my memory is fading. 🙂

[PerryChase]

The biggest scam is privatization of public pensions. The private sector gets to make huge profits managing the pensions but when things don’t work out, the taxpayers are asked for a bail out.

I think that public employees should get 401Ks like everyone else.

——–

Yeah, I agree we are due for a recession.

Savvy families should manage their lives as follows:
1) fall in love during the boom.
2) get married and buy a house during a recession.
3) save and move-up during the next recession.
4) but a vacation home during the next recession.
4) buy a retirement/rental house during the next necession and rent it out.
5) Sell the main residence during the next boom and retire. Move to the retirement house. Keep on enjoying the vacation home.
6) Sell the vacation house during the next boom, and fully retire.

[PerryChase]

The biggest scam is privatization of public pensions. The private sector gets to make huge profits managing the pensions but when things don’t work out, the taxpayers are asked for a bail out.

I think that public employees should get 401Ks like everyone else.

——–

Yeah, I agree we are due for a recession.

Savvy families should manage their lives as follows:
1) fall in love during the boom.
2) get married and buy a house during a recession.
3) save and move-up during the next recession.
4) but a vacation home during the next recession.
4) buy a retirement/rental house during the next necession and rent it out.
5) Sell the main residence during the next boom and retire. Move to the retirement house. Keep on enjoying the vacation home.
6) Sell the vacation house during the next boom, and fully retire.

[Author]

Posts