[Scarlett]

I would like to believe that the housing prices will go down in the areas I am looking in…but I am afraid a new housing bubble is being inflated artificially by the Feds. R. Shiller himself actually expressed that fear. And I’ve seen that mentioned in some other article whose title escapes me now…

[Scarlett]

[quote=pri_dk]If a thread is not exclusively about me, then I don’t care, but I’ll post an opinion anyway![/quote]
No need to be nasty. I thought we could post opinions here not just data. I guess I was wrong.

That is the median. Based on all I’ve heard – salaries have not gone up that much and houses have gone up much more than that. But of course it’s limited to the professionals I come in contact with and the house segment I am looking at.

So I have no data just my experience. And in case of my sister’s I have concrete numbers.

What I see doesn’t match that data that’s all I am saying. Of course, my experience is limited.

[Scarlett]

[quote=pri_dk]If a thread is not exclusively about me, then I don’t care, but I’ll post an opinion anyway![/quote]
No need to be nasty. I thought we could post opinions here not just data. I guess I was wrong.

That is the median. Based on all I’ve heard – salaries have not gone up that much and houses have gone up much more than that. But of course it’s limited to the professionals I come in contact with and the house segment I am looking at.

So I have no data just my experience. And in case of my sister’s I have concrete numbers.

What I see doesn’t match that data that’s all I am saying. Of course, my experience is limited.

[Scarlett]

[quote=pri_dk]If a thread is not exclusively about me, then I don’t care, but I’ll post an opinion anyway![/quote]
No need to be nasty. I thought we could post opinions here not just data. I guess I was wrong.

That is the median. Based on all I’ve heard – salaries have not gone up that much and houses have gone up much more than that. But of course it’s limited to the professionals I come in contact with and the house segment I am looking at.

So I have no data just my experience. And in case of my sister’s I have concrete numbers.

What I see doesn’t match that data that’s all I am saying. Of course, my experience is limited.

[Scarlett]

[quote=pri_dk]If a thread is not exclusively about me, then I don’t care, but I’ll post an opinion anyway![/quote]
No need to be nasty. I thought we could post opinions here not just data. I guess I was wrong.

That is the median. Based on all I’ve heard – salaries have not gone up that much and houses have gone up much more than that. But of course it’s limited to the professionals I come in contact with and the house segment I am looking at.

So I have no data just my experience. And in case of my sister’s I have concrete numbers.

What I see doesn’t match that data that’s all I am saying. Of course, my experience is limited.

[Scarlett]

[quote=pri_dk]If a thread is not exclusively about me, then I don’t care, but I’ll post an opinion anyway![/quote]
No need to be nasty. I thought we could post opinions here not just data. I guess I was wrong.

That is the median. Based on all I’ve heard – salaries have not gone up that much and houses have gone up much more than that. But of course it’s limited to the professionals I come in contact with and the house segment I am looking at.

So I have no data just my experience. And in case of my sister’s I have concrete numbers.

What I see doesn’t match that data that’s all I am saying. Of course, my experience is limited.

[Scarlett]

[quote=protorio][quote=Scarlett].

So I don’t buy that data.[/quote]

Amazing how a personal experience throws data out the window!

I think this is interesting. Of course, the story is 2005. Throw those numbers in there and you get a compelling picture of the trouble folks find themselves in.[/quote]

I could care less about medians if my personal experience is different. I can’t go to a person selling my sister’s house today for example and show her the data and say, hey, the house price should be only 50% above 1999 – NOT DOUBLE!

Medians are just that, a median. I am not buying the data because it doesn’t interest me in the slightest. The data won’t change my salary or the price of a house I would like to buy, but can’t afford to. They aren’t useful to me.

[Scarlett]

[quote=protorio][quote=Scarlett].

So I don’t buy that data.[/quote]

Amazing how a personal experience throws data out the window!

I think this is interesting. Of course, the story is 2005. Throw those numbers in there and you get a compelling picture of the trouble folks find themselves in.[/quote]

I could care less about medians if my personal experience is different. I can’t go to a person selling my sister’s house today for example and show her the data and say, hey, the house price should be only 50% above 1999 – NOT DOUBLE!

Medians are just that, a median. I am not buying the data because it doesn’t interest me in the slightest. The data won’t change my salary or the price of a house I would like to buy, but can’t afford to. They aren’t useful to me.

[Scarlett]

[quote=protorio][quote=Scarlett].

So I don’t buy that data.[/quote]

Amazing how a personal experience throws data out the window!

I think this is interesting. Of course, the story is 2005. Throw those numbers in there and you get a compelling picture of the trouble folks find themselves in.[/quote]

I could care less about medians if my personal experience is different. I can’t go to a person selling my sister’s house today for example and show her the data and say, hey, the house price should be only 50% above 1999 – NOT DOUBLE!

Medians are just that, a median. I am not buying the data because it doesn’t interest me in the slightest. The data won’t change my salary or the price of a house I would like to buy, but can’t afford to. They aren’t useful to me.

[Scarlett]

[quote=protorio][quote=Scarlett].

So I don’t buy that data.[/quote]

Amazing how a personal experience throws data out the window!

I think this is interesting. Of course, the story is 2005. Throw those numbers in there and you get a compelling picture of the trouble folks find themselves in.[/quote]

I could care less about medians if my personal experience is different. I can’t go to a person selling my sister’s house today for example and show her the data and say, hey, the house price should be only 50% above 1999 – NOT DOUBLE!

Medians are just that, a median. I am not buying the data because it doesn’t interest me in the slightest. The data won’t change my salary or the price of a house I would like to buy, but can’t afford to. They aren’t useful to me.

[Scarlett]

[quote=protorio][quote=Scarlett].

So I don’t buy that data.[/quote]

Amazing how a personal experience throws data out the window!

I think this is interesting. Of course, the story is 2005. Throw those numbers in there and you get a compelling picture of the trouble folks find themselves in.[/quote]

I could care less about medians if my personal experience is different. I can’t go to a person selling my sister’s house today for example and show her the data and say, hey, the house price should be only 50% above 1999 – NOT DOUBLE!

Medians are just that, a median. I am not buying the data because it doesn’t interest me in the slightest. The data won’t change my salary or the price of a house I would like to buy, but can’t afford to. They aren’t useful to me.

[Scarlett]

I have an explanation about why the household income looks like this. We are not getting that many entry level, junior jobs. They don’t come to San Diego anymore, it’s too expensive. Or , for the same reason have left for places where they can afford a house. So, we have more senior people, their salaries have grown from 10 years ago. Companies have donwsized, senior people are made to do more, lower level job rather than hire juniors.

[Scarlett]

I have an explanation about why the household income looks like this. We are not getting that many entry level, junior jobs. They don’t come to San Diego anymore, it’s too expensive. Or , for the same reason have left for places where they can afford a house. So, we have more senior people, their salaries have grown from 10 years ago. Companies have donwsized, senior people are made to do more, lower level job rather than hire juniors.

[Scarlett]

I have an explanation about why the household income looks like this. We are not getting that many entry level, junior jobs. They don’t come to San Diego anymore, it’s too expensive. Or , for the same reason have left for places where they can afford a house. So, we have more senior people, their salaries have grown from 10 years ago. Companies have donwsized, senior people are made to do more, lower level job rather than hire juniors.

[Scarlett]

I have an explanation about why the household income looks like this. We are not getting that many entry level, junior jobs. They don’t come to San Diego anymore, it’s too expensive. Or , for the same reason have left for places where they can afford a house. So, we have more senior people, their salaries have grown from 10 years ago. Companies have donwsized, senior people are made to do more, lower level job rather than hire juniors.

[Author]

Posts