[SD Realtor]

That is my point PB. The post is not to knock MH or PL, nor did I ever say nobody buys there. Plenty of people buy there, but for a YOUNG family just starting out or with young kids it is a no brainer. Alot more convenient to walk the kids to school a few blocks rather then drive them to a private school.

I don’t mean to be politically incorrect but lets take the young Asian couple who both are engineers with a child and together they pull down 200k. You guys tell me where you think they would rather raise the family.

[SD Realtor]

That is my point PB. The post is not to knock MH or PL, nor did I ever say nobody buys there. Plenty of people buy there, but for a YOUNG family just starting out or with young kids it is a no brainer. Alot more convenient to walk the kids to school a few blocks rather then drive them to a private school.

I don’t mean to be politically incorrect but lets take the young Asian couple who both are engineers with a child and together they pull down 200k. You guys tell me where you think they would rather raise the family.

[SD Realtor]

That is my point PB. The post is not to knock MH or PL, nor did I ever say nobody buys there. Plenty of people buy there, but for a YOUNG family just starting out or with young kids it is a no brainer. Alot more convenient to walk the kids to school a few blocks rather then drive them to a private school.

I don’t mean to be politically incorrect but lets take the young Asian couple who both are engineers with a child and together they pull down 200k. You guys tell me where you think they would rather raise the family.

[SD Realtor]

That is my point PB. The post is not to knock MH or PL, nor did I ever say nobody buys there. Plenty of people buy there, but for a YOUNG family just starting out or with young kids it is a no brainer. Alot more convenient to walk the kids to school a few blocks rather then drive them to a private school.

I don’t mean to be politically incorrect but lets take the young Asian couple who both are engineers with a child and together they pull down 200k. You guys tell me where you think they would rather raise the family.

[SD Realtor]

hahahaha

Excellent post. Yes WE THE PEOPLE do want that.

Very good point about different price levels depreciating differently in a high rate environment. Completely agree with that.

[SD Realtor]

hahahaha

Excellent post. Yes WE THE PEOPLE do want that.

Very good point about different price levels depreciating differently in a high rate environment. Completely agree with that.

[SD Realtor]

hahahaha

Excellent post. Yes WE THE PEOPLE do want that.

Very good point about different price levels depreciating differently in a high rate environment. Completely agree with that.

[SD Realtor]

hahahaha

Excellent post. Yes WE THE PEOPLE do want that.

Very good point about different price levels depreciating differently in a high rate environment. Completely agree with that.

[SD Realtor]

hahahaha

Excellent post. Yes WE THE PEOPLE do want that.

Very good point about different price levels depreciating differently in a high rate environment. Completely agree with that.

[SD Realtor]

Pretty much agree with you ocr. I don’t see home prices rising due to the rate hikes that will come. Rather I see them depreciating, it is just how severe that I am unsure of. Inflation without job growth to me will be the worst of both worlds. So necessary commodities like food, resources and other tangible goods will go up in cost. Similarly other investment vehicles like bonds and such will be giving healthy returns as the money supply tightens. Also, as with any situation there will be alot of people with money and they will take advantage of the cheaper rela estate without having to incur large financing issues. To me depreciation will occur but I am not sure how much. It will be a great time to buy real estate but not if you have to finance much of it.

So that theary by the OP to buy now with someone elses money seems to make sense regardless of whether the home appreciates or depreciates. Buy the asset now with money that is borrowed and becoming worthless verses waiting until your own money is much more worthless but the asset has declined in value. I think the premise makes sense but everyone has a different situation depending on their holdings.

[SD Realtor]

Pretty much agree with you ocr. I don’t see home prices rising due to the rate hikes that will come. Rather I see them depreciating, it is just how severe that I am unsure of. Inflation without job growth to me will be the worst of both worlds. So necessary commodities like food, resources and other tangible goods will go up in cost. Similarly other investment vehicles like bonds and such will be giving healthy returns as the money supply tightens. Also, as with any situation there will be alot of people with money and they will take advantage of the cheaper rela estate without having to incur large financing issues. To me depreciation will occur but I am not sure how much. It will be a great time to buy real estate but not if you have to finance much of it.

So that theary by the OP to buy now with someone elses money seems to make sense regardless of whether the home appreciates or depreciates. Buy the asset now with money that is borrowed and becoming worthless verses waiting until your own money is much more worthless but the asset has declined in value. I think the premise makes sense but everyone has a different situation depending on their holdings.

[SD Realtor]

Pretty much agree with you ocr. I don’t see home prices rising due to the rate hikes that will come. Rather I see them depreciating, it is just how severe that I am unsure of. Inflation without job growth to me will be the worst of both worlds. So necessary commodities like food, resources and other tangible goods will go up in cost. Similarly other investment vehicles like bonds and such will be giving healthy returns as the money supply tightens. Also, as with any situation there will be alot of people with money and they will take advantage of the cheaper rela estate without having to incur large financing issues. To me depreciation will occur but I am not sure how much. It will be a great time to buy real estate but not if you have to finance much of it.

So that theary by the OP to buy now with someone elses money seems to make sense regardless of whether the home appreciates or depreciates. Buy the asset now with money that is borrowed and becoming worthless verses waiting until your own money is much more worthless but the asset has declined in value. I think the premise makes sense but everyone has a different situation depending on their holdings.

[SD Realtor]

Pretty much agree with you ocr. I don’t see home prices rising due to the rate hikes that will come. Rather I see them depreciating, it is just how severe that I am unsure of. Inflation without job growth to me will be the worst of both worlds. So necessary commodities like food, resources and other tangible goods will go up in cost. Similarly other investment vehicles like bonds and such will be giving healthy returns as the money supply tightens. Also, as with any situation there will be alot of people with money and they will take advantage of the cheaper rela estate without having to incur large financing issues. To me depreciation will occur but I am not sure how much. It will be a great time to buy real estate but not if you have to finance much of it.

So that theary by the OP to buy now with someone elses money seems to make sense regardless of whether the home appreciates or depreciates. Buy the asset now with money that is borrowed and becoming worthless verses waiting until your own money is much more worthless but the asset has declined in value. I think the premise makes sense but everyone has a different situation depending on their holdings.

[SD Realtor]

Pretty much agree with you ocr. I don’t see home prices rising due to the rate hikes that will come. Rather I see them depreciating, it is just how severe that I am unsure of. Inflation without job growth to me will be the worst of both worlds. So necessary commodities like food, resources and other tangible goods will go up in cost. Similarly other investment vehicles like bonds and such will be giving healthy returns as the money supply tightens. Also, as with any situation there will be alot of people with money and they will take advantage of the cheaper rela estate without having to incur large financing issues. To me depreciation will occur but I am not sure how much. It will be a great time to buy real estate but not if you have to finance much of it.

So that theary by the OP to buy now with someone elses money seems to make sense regardless of whether the home appreciates or depreciates. Buy the asset now with money that is borrowed and becoming worthless verses waiting until your own money is much more worthless but the asset has declined in value. I think the premise makes sense but everyone has a different situation depending on their holdings.

[SD Realtor]

Pem yes and agree with what you are saying. While there is much less demand for MH and PL there is also much less supply. I do agree prices have been buoyed in those locales as well, in fact some clients of mine just bought in MH. They love it there. Young couple as well, no kids. Another young couple on my hockey team lives there, no kids either. So yes, it is a nice destination for plenty of people.

It has just been my experience that those clients of mine who are young families with kids are looking elsewhere.

[Author]

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