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December 18, 2008 at 10:46 AM in reply to: Fed empties the Armory, expends all ammo, housing has bottomed. SD RE will cost more in August of 09 than it does now. #317423December 18, 2008 at 10:46 AM in reply to: Fed empties the Armory, expends all ammo, housing has bottomed. SD RE will cost more in August of 09 than it does now. #317776
Ren
Participant[quote=sdrealtor]I’ve got a property well under $200K on the market that can generate $2,000 per month in rents without any HOA or MR fees.[/quote]
What’s the caveat? It needs $50k worth of work to be habitable? Maybe the $2,000 is slightly exaggerated and closer to $1,800?
I’m not being sarcastic – if your numbers are accurate, it wouldn’t last a day on the market. Hell, I’ll make an offer right now.
December 18, 2008 at 10:46 AM in reply to: Fed empties the Armory, expends all ammo, housing has bottomed. SD RE will cost more in August of 09 than it does now. #317818Participant[quote=sdrealtor]I’ve got a property well under $200K on the market that can generate $2,000 per month in rents without any HOA or MR fees.[/quote]
What’s the caveat? It needs $50k worth of work to be habitable? Maybe the $2,000 is slightly exaggerated and closer to $1,800?
I’m not being sarcastic – if your numbers are accurate, it wouldn’t last a day on the market. Hell, I’ll make an offer right now.
December 18, 2008 at 10:46 AM in reply to: Fed empties the Armory, expends all ammo, housing has bottomed. SD RE will cost more in August of 09 than it does now. #317839Participant[quote=sdrealtor]I’ve got a property well under $200K on the market that can generate $2,000 per month in rents without any HOA or MR fees.[/quote]
What’s the caveat? It needs $50k worth of work to be habitable? Maybe the $2,000 is slightly exaggerated and closer to $1,800?
I’m not being sarcastic – if your numbers are accurate, it wouldn’t last a day on the market. Hell, I’ll make an offer right now.
December 18, 2008 at 10:46 AM in reply to: Fed empties the Armory, expends all ammo, housing has bottomed. SD RE will cost more in August of 09 than it does now. #317915Participant[quote=sdrealtor]I’ve got a property well under $200K on the market that can generate $2,000 per month in rents without any HOA or MR fees.[/quote]
What’s the caveat? It needs $50k worth of work to be habitable? Maybe the $2,000 is slightly exaggerated and closer to $1,800?
I’m not being sarcastic – if your numbers are accurate, it wouldn’t last a day on the market. Hell, I’ll make an offer right now.
December 16, 2008 at 5:07 PM in reply to: Fed empties the Armory, expends all ammo, housing has bottomed. SD RE will cost more in August of 09 than it does now. #316371Participant[quote=schizo2buyORnot]The bottom is here or near. A single family home in a decent neighborhood will in San Diego will cost more in August of 09 than it does now.[/quote]
The ONLY thing that would stop prices from dropping is if we were to go back to loose lending standards, and that isn’t going to happen, so keep dreaming. The prices you’re seeing now are still artificially high, the downward pressure is enormous, and absolutely nothing (not low rates, not government bailouts) will stop them from going back to where they should be.
So why am I feeding the troll? I’ll just bump this thread in August.
December 16, 2008 at 5:07 PM in reply to: Fed empties the Armory, expends all ammo, housing has bottomed. SD RE will cost more in August of 09 than it does now. #316722Participant[quote=schizo2buyORnot]The bottom is here or near. A single family home in a decent neighborhood will in San Diego will cost more in August of 09 than it does now.[/quote]
The ONLY thing that would stop prices from dropping is if we were to go back to loose lending standards, and that isn’t going to happen, so keep dreaming. The prices you’re seeing now are still artificially high, the downward pressure is enormous, and absolutely nothing (not low rates, not government bailouts) will stop them from going back to where they should be.
So why am I feeding the troll? I’ll just bump this thread in August.
December 16, 2008 at 5:07 PM in reply to: Fed empties the Armory, expends all ammo, housing has bottomed. SD RE will cost more in August of 09 than it does now. #316763Participant[quote=schizo2buyORnot]The bottom is here or near. A single family home in a decent neighborhood will in San Diego will cost more in August of 09 than it does now.[/quote]
The ONLY thing that would stop prices from dropping is if we were to go back to loose lending standards, and that isn’t going to happen, so keep dreaming. The prices you’re seeing now are still artificially high, the downward pressure is enormous, and absolutely nothing (not low rates, not government bailouts) will stop them from going back to where they should be.
So why am I feeding the troll? I’ll just bump this thread in August.
December 16, 2008 at 5:07 PM in reply to: Fed empties the Armory, expends all ammo, housing has bottomed. SD RE will cost more in August of 09 than it does now. #316784Participant[quote=schizo2buyORnot]The bottom is here or near. A single family home in a decent neighborhood will in San Diego will cost more in August of 09 than it does now.[/quote]
The ONLY thing that would stop prices from dropping is if we were to go back to loose lending standards, and that isn’t going to happen, so keep dreaming. The prices you’re seeing now are still artificially high, the downward pressure is enormous, and absolutely nothing (not low rates, not government bailouts) will stop them from going back to where they should be.
So why am I feeding the troll? I’ll just bump this thread in August.
December 16, 2008 at 5:07 PM in reply to: Fed empties the Armory, expends all ammo, housing has bottomed. SD RE will cost more in August of 09 than it does now. #316858Participant[quote=schizo2buyORnot]The bottom is here or near. A single family home in a decent neighborhood will in San Diego will cost more in August of 09 than it does now.[/quote]
The ONLY thing that would stop prices from dropping is if we were to go back to loose lending standards, and that isn’t going to happen, so keep dreaming. The prices you’re seeing now are still artificially high, the downward pressure is enormous, and absolutely nothing (not low rates, not government bailouts) will stop them from going back to where they should be.
So why am I feeding the troll? I’ll just bump this thread in August.
ParticipantYou really need to me making $150,000 per year in San Diego to pull it off and live a nice life.
No kids. No dog. No wife.
$300k if you want those things.
Anyone know where to get a job in San Diego for 300k?
I know this is intended to be funny, but it really depends on your definition of “nice life”. I have a wife, kid, and dog, total household income less than $150k, and we’re very happy. There’s no Bimmer in the garage yet, but we’re not remotely close to poor.
I also wouldn’t consider it “nice” to have a wife and kid that required an additional $150k income…
ParticipantYou really need to me making $150,000 per year in San Diego to pull it off and live a nice life.
No kids. No dog. No wife.
$300k if you want those things.
Anyone know where to get a job in San Diego for 300k?
I know this is intended to be funny, but it really depends on your definition of “nice life”. I have a wife, kid, and dog, total household income less than $150k, and we’re very happy. There’s no Bimmer in the garage yet, but we’re not remotely close to poor.
I also wouldn’t consider it “nice” to have a wife and kid that required an additional $150k income…
ParticipantYou really need to me making $150,000 per year in San Diego to pull it off and live a nice life.
No kids. No dog. No wife.
$300k if you want those things.
Anyone know where to get a job in San Diego for 300k?
I know this is intended to be funny, but it really depends on your definition of “nice life”. I have a wife, kid, and dog, total household income less than $150k, and we’re very happy. There’s no Bimmer in the garage yet, but we’re not remotely close to poor.
I also wouldn’t consider it “nice” to have a wife and kid that required an additional $150k income…
ParticipantYou really need to me making $150,000 per year in San Diego to pull it off and live a nice life.
No kids. No dog. No wife.
$300k if you want those things.
Anyone know where to get a job in San Diego for 300k?
I know this is intended to be funny, but it really depends on your definition of “nice life”. I have a wife, kid, and dog, total household income less than $150k, and we’re very happy. There’s no Bimmer in the garage yet, but we’re not remotely close to poor.
I also wouldn’t consider it “nice” to have a wife and kid that required an additional $150k income…
ParticipantYou really need to me making $150,000 per year in San Diego to pull it off and live a nice life.
No kids. No dog. No wife.
$300k if you want those things.
Anyone know where to get a job in San Diego for 300k?
I know this is intended to be funny, but it really depends on your definition of “nice life”. I have a wife, kid, and dog, total household income less than $150k, and we’re very happy. There’s no Bimmer in the garage yet, but we’re not remotely close to poor.
I also wouldn’t consider it “nice” to have a wife and kid that required an additional $150k income…
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