[raptorduck]

The big question is will the RE market downturn stop now, particilarly in SD. I suspect here, it will, as it won’t take much here to stop a modest slow down in the markets I am interested in.

I can certainly see selling agents saying how this will drive prices up now, so they will not consider anything below asking.

Government intervention. Got to love government intervention. I am a Chicago School economist. Nuff said.

[raptorduck]

Ah what the hell (opps, I realize that word can stir religious debate), I will put in my unsolicited 2 cent.

I am religious, but not fanatically so. I have been fortunate enough to study many religions, including Scientology. As with just about every religion I have ever studied, there are some wise teachings in Scientology. And, there are some “questionable” teachings. Ok, nuff said about that.

What I am put off by with any religion is its members pushing down your throat as the law, every teaching they preach, and then putting down those outside of the circle that is that religion (the “faithful”). I definately got that sense from Scientology. You really don’t move up the ladder, unless you buy into the program and if you don’t buy into the program, well then you are not in the circle.

This is not that different from many religions, but on the more extreme side of median, in my experience. That said, most religions have something useful to teach us and this one is no different. Just not for me, but I learned some useful stuff nonetheless.

I rebelled against the religion I was raised in; hence my multidecade exploration of other religions. I have since come back to my original religion. Not because I believe in its teachings more than others, but because I decided I did not have have to believe all its teachings to be part of a community of people, who share something. It is that community aspect that draws me to religion now and I find the one I am part of to be more tolerant of other religions than most.

Despite learning something useful from Scientology, I was turned off by it overall. But I have no opposition to it or Tom Cruise other actors being part of that world. He is still my favorite actor just like Michael Jackson is still my favorite singer. They may have lost their minds, but talent is talent.

[raptorduck]

Ah what the hell (opps, I realize that word can stir religious debate), I will put in my unsolicited 2 cent.

I am religious, but not fanatically so. I have been fortunate enough to study many religions, including Scientology. As with just about every religion I have ever studied, there are some wise teachings in Scientology. And, there are some “questionable” teachings. Ok, nuff said about that.

What I am put off by with any religion is its members pushing down your throat as the law, every teaching they preach, and then putting down those outside of the circle that is that religion (the “faithful”). I definately got that sense from Scientology. You really don’t move up the ladder, unless you buy into the program and if you don’t buy into the program, well then you are not in the circle.

This is not that different from many religions, but on the more extreme side of median, in my experience. That said, most religions have something useful to teach us and this one is no different. Just not for me, but I learned some useful stuff nonetheless.

I rebelled against the religion I was raised in; hence my multidecade exploration of other religions. I have since come back to my original religion. Not because I believe in its teachings more than others, but because I decided I did not have have to believe all its teachings to be part of a community of people, who share something. It is that community aspect that draws me to religion now and I find the one I am part of to be more tolerant of other religions than most.

Despite learning something useful from Scientology, I was turned off by it overall. But I have no opposition to it or Tom Cruise other actors being part of that world. He is still my favorite actor just like Michael Jackson is still my favorite singer. They may have lost their minds, but talent is talent.

[raptorduck]

Ah what the hell (opps, I realize that word can stir religious debate), I will put in my unsolicited 2 cent.

I am religious, but not fanatically so. I have been fortunate enough to study many religions, including Scientology. As with just about every religion I have ever studied, there are some wise teachings in Scientology. And, there are some “questionable” teachings. Ok, nuff said about that.

What I am put off by with any religion is its members pushing down your throat as the law, every teaching they preach, and then putting down those outside of the circle that is that religion (the “faithful”). I definately got that sense from Scientology. You really don’t move up the ladder, unless you buy into the program and if you don’t buy into the program, well then you are not in the circle.

This is not that different from many religions, but on the more extreme side of median, in my experience. That said, most religions have something useful to teach us and this one is no different. Just not for me, but I learned some useful stuff nonetheless.

I rebelled against the religion I was raised in; hence my multidecade exploration of other religions. I have since come back to my original religion. Not because I believe in its teachings more than others, but because I decided I did not have have to believe all its teachings to be part of a community of people, who share something. It is that community aspect that draws me to religion now and I find the one I am part of to be more tolerant of other religions than most.

Despite learning something useful from Scientology, I was turned off by it overall. But I have no opposition to it or Tom Cruise other actors being part of that world. He is still my favorite actor just like Michael Jackson is still my favorite singer. They may have lost their minds, but talent is talent.

[raptorduck]

Ah what the hell (opps, I realize that word can stir religious debate), I will put in my unsolicited 2 cent.

I am religious, but not fanatically so. I have been fortunate enough to study many religions, including Scientology. As with just about every religion I have ever studied, there are some wise teachings in Scientology. And, there are some “questionable” teachings. Ok, nuff said about that.

What I am put off by with any religion is its members pushing down your throat as the law, every teaching they preach, and then putting down those outside of the circle that is that religion (the “faithful”). I definately got that sense from Scientology. You really don’t move up the ladder, unless you buy into the program and if you don’t buy into the program, well then you are not in the circle.

This is not that different from many religions, but on the more extreme side of median, in my experience. That said, most religions have something useful to teach us and this one is no different. Just not for me, but I learned some useful stuff nonetheless.

I rebelled against the religion I was raised in; hence my multidecade exploration of other religions. I have since come back to my original religion. Not because I believe in its teachings more than others, but because I decided I did not have have to believe all its teachings to be part of a community of people, who share something. It is that community aspect that draws me to religion now and I find the one I am part of to be more tolerant of other religions than most.

Despite learning something useful from Scientology, I was turned off by it overall. But I have no opposition to it or Tom Cruise other actors being part of that world. He is still my favorite actor just like Michael Jackson is still my favorite singer. They may have lost their minds, but talent is talent.

[raptorduck]

Ah what the hell (opps, I realize that word can stir religious debate), I will put in my unsolicited 2 cent.

I am religious, but not fanatically so. I have been fortunate enough to study many religions, including Scientology. As with just about every religion I have ever studied, there are some wise teachings in Scientology. And, there are some “questionable” teachings. Ok, nuff said about that.

What I am put off by with any religion is its members pushing down your throat as the law, every teaching they preach, and then putting down those outside of the circle that is that religion (the “faithful”). I definately got that sense from Scientology. You really don’t move up the ladder, unless you buy into the program and if you don’t buy into the program, well then you are not in the circle.

This is not that different from many religions, but on the more extreme side of median, in my experience. That said, most religions have something useful to teach us and this one is no different. Just not for me, but I learned some useful stuff nonetheless.

I rebelled against the religion I was raised in; hence my multidecade exploration of other religions. I have since come back to my original religion. Not because I believe in its teachings more than others, but because I decided I did not have have to believe all its teachings to be part of a community of people, who share something. It is that community aspect that draws me to religion now and I find the one I am part of to be more tolerant of other religions than most.

Despite learning something useful from Scientology, I was turned off by it overall. But I have no opposition to it or Tom Cruise other actors being part of that world. He is still my favorite actor just like Michael Jackson is still my favorite singer. They may have lost their minds, but talent is talent.

[raptorduck]

Right you are again Fat_lazy. Having looked at well over 100 homes in both markets this past year your point could not ring more true.

I have to beg my wife to not compare what you can buy for the $$ here vs. SD.

To say you can buy twice the home in SD is not to tell the whole story. You can buy twice the square footage, twice the lot size, twice the quality, 3 times the amenities, 1/10 the age, 10 times the weather, 1/3 the commute, the same quality of school, 5 times the beach, and 1/2 the stress for the same $$ in SD as you can in the Bay Area.

Really, what I am considering in SD (RSF mind you), were it located in Los Altos Hills, for example, would cost 3 times the price.

[raptorduck]

Right you are again Fat_lazy. Having looked at well over 100 homes in both markets this past year your point could not ring more true.

I have to beg my wife to not compare what you can buy for the $$ here vs. SD.

To say you can buy twice the home in SD is not to tell the whole story. You can buy twice the square footage, twice the lot size, twice the quality, 3 times the amenities, 1/10 the age, 10 times the weather, 1/3 the commute, the same quality of school, 5 times the beach, and 1/2 the stress for the same $$ in SD as you can in the Bay Area.

Really, what I am considering in SD (RSF mind you), were it located in Los Altos Hills, for example, would cost 3 times the price.

[raptorduck]

Right you are again Fat_lazy. Having looked at well over 100 homes in both markets this past year your point could not ring more true.

I have to beg my wife to not compare what you can buy for the $$ here vs. SD.

To say you can buy twice the home in SD is not to tell the whole story. You can buy twice the square footage, twice the lot size, twice the quality, 3 times the amenities, 1/10 the age, 10 times the weather, 1/3 the commute, the same quality of school, 5 times the beach, and 1/2 the stress for the same $$ in SD as you can in the Bay Area.

Really, what I am considering in SD (RSF mind you), were it located in Los Altos Hills, for example, would cost 3 times the price.

[raptorduck]

Right you are again Fat_lazy. Having looked at well over 100 homes in both markets this past year your point could not ring more true.

I have to beg my wife to not compare what you can buy for the $$ here vs. SD.

To say you can buy twice the home in SD is not to tell the whole story. You can buy twice the square footage, twice the lot size, twice the quality, 3 times the amenities, 1/10 the age, 10 times the weather, 1/3 the commute, the same quality of school, 5 times the beach, and 1/2 the stress for the same $$ in SD as you can in the Bay Area.

Really, what I am considering in SD (RSF mind you), were it located in Los Altos Hills, for example, would cost 3 times the price.

[raptorduck]

Right you are again Fat_lazy. Having looked at well over 100 homes in both markets this past year your point could not ring more true.

I have to beg my wife to not compare what you can buy for the $$ here vs. SD.

To say you can buy twice the home in SD is not to tell the whole story. You can buy twice the square footage, twice the lot size, twice the quality, 3 times the amenities, 1/10 the age, 10 times the weather, 1/3 the commute, the same quality of school, 5 times the beach, and 1/2 the stress for the same $$ in SD as you can in the Bay Area.

Really, what I am considering in SD (RSF mind you), were it located in Los Altos Hills, for example, would cost 3 times the price.

[raptorduck]

As to the industry comments, I tend to agree with fat_lazy well placed comments.

While the Biotech industry in SD remains strong (it is the 3rd largest such market in the US behind the Bay Area and Boston area), telecom and a few other tech industries have suffered in recent years. Silicon Valley is just very different from any other market and generates more VC capital than the next 10 markets combined yada yada, so you can’t really compare it with other markets.

But I don’t know what that really predicts about housing prices, other than any drop here will be less severe. But any increase here is more severe. We are not immune. The outlying areas of the Bay Area (East Bay on the other side of the East Bay hills/680, far South Bay south of San Jose etc) are getting hit as hard as SD is. The Penninsula (where Los Altos/Los Altos Hills/Atherton/Hillsbouroug/Portola Valley/Woodsid are) stay strong because there is still enough $$ with buyers who don’t want a long commute or work at Google in Mountain View. But in SD, I would say that CV is holding its own vs other areas for the same reasons, albeit on a smaller scale.

I noticed RSF has a lot of out of town/out of country owners, which makes that analysis much more difficult.

In other words, . . . hell I dunno.

[raptorduck]

As to the industry comments, I tend to agree with fat_lazy well placed comments.

While the Biotech industry in SD remains strong (it is the 3rd largest such market in the US behind the Bay Area and Boston area), telecom and a few other tech industries have suffered in recent years. Silicon Valley is just very different from any other market and generates more VC capital than the next 10 markets combined yada yada, so you can’t really compare it with other markets.

But I don’t know what that really predicts about housing prices, other than any drop here will be less severe. But any increase here is more severe. We are not immune. The outlying areas of the Bay Area (East Bay on the other side of the East Bay hills/680, far South Bay south of San Jose etc) are getting hit as hard as SD is. The Penninsula (where Los Altos/Los Altos Hills/Atherton/Hillsbouroug/Portola Valley/Woodsid are) stay strong because there is still enough $$ with buyers who don’t want a long commute or work at Google in Mountain View. But in SD, I would say that CV is holding its own vs other areas for the same reasons, albeit on a smaller scale.

I noticed RSF has a lot of out of town/out of country owners, which makes that analysis much more difficult.

In other words, . . . hell I dunno.

[raptorduck]

As to the industry comments, I tend to agree with fat_lazy well placed comments.

While the Biotech industry in SD remains strong (it is the 3rd largest such market in the US behind the Bay Area and Boston area), telecom and a few other tech industries have suffered in recent years. Silicon Valley is just very different from any other market and generates more VC capital than the next 10 markets combined yada yada, so you can’t really compare it with other markets.

But I don’t know what that really predicts about housing prices, other than any drop here will be less severe. But any increase here is more severe. We are not immune. The outlying areas of the Bay Area (East Bay on the other side of the East Bay hills/680, far South Bay south of San Jose etc) are getting hit as hard as SD is. The Penninsula (where Los Altos/Los Altos Hills/Atherton/Hillsbouroug/Portola Valley/Woodsid are) stay strong because there is still enough $$ with buyers who don’t want a long commute or work at Google in Mountain View. But in SD, I would say that CV is holding its own vs other areas for the same reasons, albeit on a smaller scale.

I noticed RSF has a lot of out of town/out of country owners, which makes that analysis much more difficult.

In other words, . . . hell I dunno.

[raptorduck]

As to the industry comments, I tend to agree with fat_lazy well placed comments.

While the Biotech industry in SD remains strong (it is the 3rd largest such market in the US behind the Bay Area and Boston area), telecom and a few other tech industries have suffered in recent years. Silicon Valley is just very different from any other market and generates more VC capital than the next 10 markets combined yada yada, so you can’t really compare it with other markets.

But I don’t know what that really predicts about housing prices, other than any drop here will be less severe. But any increase here is more severe. We are not immune. The outlying areas of the Bay Area (East Bay on the other side of the East Bay hills/680, far South Bay south of San Jose etc) are getting hit as hard as SD is. The Penninsula (where Los Altos/Los Altos Hills/Atherton/Hillsbouroug/Portola Valley/Woodsid are) stay strong because there is still enough $$ with buyers who don’t want a long commute or work at Google in Mountain View. But in SD, I would say that CV is holding its own vs other areas for the same reasons, albeit on a smaller scale.

I noticed RSF has a lot of out of town/out of country owners, which makes that analysis much more difficult.

In other words, . . . hell I dunno.

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