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PerryChase
ParticipantIt’s not just about preserving the Earth. It’s about money making business opportunities.
The thing about global warming is that we’ve got the lead in green technologies right now but we’re not taking advantage of it because we are complacent.
The Chinese have a horrible pollution problem but they are coming to grips with that. Do we allow them to leapfrog us in green tech? Green technologies are the growth businesses of the future. Do we want the foreign companies to develop and own all the green patents?
ParticipantMasayako, I have no children but I agree with you priorities.
The bushies will tell you that there’s nothing that America can do about global warming because whatever emmission reduction we achieve, China and India will undo with their development.
There are enormous business opportunities with going green. I agree with the US Climate Action Parnership (the 10 corporate CEOs). America has a chance to dominate green technologies. But we run a risk of handing that leadership to foreign companies if we don’t take action today.
About the speech, Bush looked like a lame duck to me.
ParticipantHere are the links to the sales history. $220k is about right for these condos.
http://sdlookup.com/PropertyDetails/tabid/53/forumid/1/view/topics/pid/83C02A26/Default.aspx
http://sdlookup.com/PropertyDetails/tabid/53/forumid/1/view/topics/pid/D33FC085/Default.aspx
http://sdlookup.com/PropertyDetails/tabid/53/forumid/1/view/topics/pid/DCE15563/Default.aspxParticipantExample of RE fraud.
http://www.inman.com/InmanINF/signonsandiego/story.aspx?ID=61496
Participant4plexowner is right.
Whatever you do, don’t get sucked into believing that the market has stabilized and that now is the time to buy.
ParticipantIf you’re waiting for an opportunity to buy, you’ll feel like it’s water torture.
Put any thought of buying out of your mind for 5 years. In the mean time, rent, watch the market and enjoy yourself.
The previous peak in SD was 1989. It was a slow downward and sideways then slow upward correction (back to 1989 prices) until 1997. Expect this current correction to last at least that long.
People are not going to “give away” their over-priced houses without some resistance. You need a least 5-years for the vagaries of life to “wear-out” the sellers. Builders will continue to sell houses at “market prices” and that will put downward pressure on the resale market. Just got an email from Casero in Del Sur. Prices there are now down to the high $500k, down $100k from previous phases.
You need a lot of patience. Try to get rid of the emotional need to own a house. Watch and enjoy people stress out and slave away to pay for their homes. Take a nice vacation every year and feel thankful that you’re not slaving away to pay for a stucco albatross.
ParticipantRegardless of the historical appreciation rates, if you’re going to buy a house, make sure that you don’t buy during the bubble cycle in that area.
Rent for 1 year or more then watch the market. That’s the best way to see if the market is headed up or down. Don’t buy as long as you see a downward slide. During that time you’ll have a lot of time to review historical trends. Buy only when prices are reasonable when compared to historical trends. Or continue to rent and enjoy your life. For the San Diego Area, I think that Rich provides good charts here on Piggington. Price to household income is a good metric to gauge the market.
Participantjg, when you were at Walmart checking out Nascar and country music, being the snob that I am, I was at the Getty with a friend admiring the Icons from the Monastery of St Catherine. I didn’t even know there was a Christian monastery at the foot of Mt Sinai.
I thought that military travel was limited to the “GI you come, I love you long time” sites, ha.ha. (just joking).
ParticipantIf your goal is oceanfront property you can find great beach/island properties in Thailand, Malaysia, even Vietnam for the cost of a new car. Remember China Beach?
A couple of years ago I stayed in a beach hut(with A/C but no hot water) in Malaysia. I had the whole beach to myself. Rent was $10 per day, $20 with A/C. I ate and shopped at the local village. There was no Internet and no land lines but the cell phone and SMS worked. There was nothing to do except relax and go jungle trekking or fishing.
Why buy when you can rent?
ParticipantI like the UTC/La Jolla in the 92037 Zip, West of the 5. It’s a good area for the young and also for retirees. It’s centrally located in San Diego County. Of course, at it stands right now, it’s way overpriced. I wouldn’t buy. I’d rent instead.
ParticipantShort sale in La Jolla. Looks like this buyer defaulted soon after purchasing this condo.
7811 EADS AVE. #101, SD – San Diego, CA 92037**
List Price: $700,000 – $750,000
ZipRealty will give you up to $4,200 cash back.*Bedrooms: 2
Full Baths: 2
Partial Baths: 0
Square Feet: 1,121
Lot Size: N/A
Year Built: 1971
Listing Date: 01/19/07
On Market: 2 days
Type: CONDO/TH
Status: ACTIVE
MLS #: 076005822http://sdlookup.com/PropertyDetails/tabid/53/forumid/1/view/topics/pid/D8EE771D/Default.aspx
http://www.ziprealty.com/buy_a_home/logged_in/search/home_detail.jsp?listing_num=076005822&mls=mls_sandiego&cKey=w8qnl6q7&source=SANDICORParticipantjg, traveling with the military or on business with an expense account is not the same as independent travel. I know a guy was a military officer in Korea. He shopped at Costco and would eat at Pizza Hut on base. He never learned to speak Korean.
I don’t see what the big is with with Obama attending a madrassa. That just a local muslim school — just like you’d attend a catholic school if you lived in Italy in the 1970s.
Obama’s step dad was Indonesian and probably couldn’t afford to send his step son to expensive international schools. So he sent him to a local school.
It’s expensive for expatriate children to attend American or international schools. The tuition for those schools is more expensive than several months’ average salary in developing countries such as indonesia.
Marrriage of American women (like Obama’s mom) to foreigners tend to fail because of money issues. The wife is used to live a rich American life and the husband is unable to provide it. That creates a lot of strain in the relationship.
I grew up in expatriate communities to I kwow what it’s like. This whole issue with Obama is overblow. There’s nothing to it and I don’t believe that this smear campaign will work. I thought that Hillary would have more class than this. I’m disappointed.
ParticipantObama’s spending his childhood in Indonesia is a great asset. I grew up attending international schools in different countries and I consider the experience to be one of the highlights of my life. I learned so much by living in other countries. My dad was also mostly absent and made me more independent and I grew-up faster.
It’s really sad that most Americans are afraid to venture out of their cocoon.
jg, you should really take some time off on your own, away from your family and comfort, and travel the world. You won’t be attacked for being an American. Instead you’ll meet great people who have so little yet are willing to share so much.
ParticipantI see now. At first I was thinking why do I need a Heloc? I guess the Heloc is to allow you to “re-access” your money if you need it? The plan seems complicated.
But why do you need THEIR plan? Can’t you just make the additional principal payments yourself? With electronic payments you can make principal payment whenever you feel like it. Combine that with a Heloc and you achieve the same thing.
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