[sdcellar]

[quote=briansd1][quote=jpinpb]Agree that politics and economics are intertwined. But arguing about political parties is IMO useless. Frankly, from all I’ve been gathering, they are pretty much one and the same. Slight differences, but both parties beholden to one master. And I’ve also noticed that some people just select parties based on candidates’ personalities. [/quote]

The slight differences are what separate compassion from greed, and humans from monkeys.

You have only so many choices, jp. You have to examine closely to see the true beauty.[/quote]Wow, maybe someone thinking (not so) subtlety is something different? Yowza.

[sdcellar]

Second AHP. I haven’t rented from them, but in my experience, their rents have always been competitive and since they’re an actual property manager, they’ll likely be better about taking care of things in a timely manner (as opposed to owner/landlords, who tend to overcharge and underperform).

[sdcellar]

Second AHP. I haven’t rented from them, but in my experience, their rents have always been competitive and since they’re an actual property manager, they’ll likely be better about taking care of things in a timely manner (as opposed to owner/landlords, who tend to overcharge and underperform).

[sdcellar]

Second AHP. I haven’t rented from them, but in my experience, their rents have always been competitive and since they’re an actual property manager, they’ll likely be better about taking care of things in a timely manner (as opposed to owner/landlords, who tend to overcharge and underperform).

[sdcellar]

Second AHP. I haven’t rented from them, but in my experience, their rents have always been competitive and since they’re an actual property manager, they’ll likely be better about taking care of things in a timely manner (as opposed to owner/landlords, who tend to overcharge and underperform).

[sdcellar]

Second AHP. I haven’t rented from them, but in my experience, their rents have always been competitive and since they’re an actual property manager, they’ll likely be better about taking care of things in a timely manner (as opposed to owner/landlords, who tend to overcharge and underperform).

[sdcellar]

[quote=flu]Coyotes and even skunks are not an issue in Carmel Valley bordering canyons in C.C. Highland areas.

You do get some wabbits, squirrels, and geckos though (my last gecko encounter resulted in an fatality when it decided to sleep under my car’s left rear tire. The rest is just, oh, flattened history…)

The wabbit furballs just love to feast on some nice flowers. So I gave up planting stuff that isn’t desert.
Yes, I tried garlic power/pepper powder. But they usually wash off with watering.

I need that bird that is swooping around Oxford’s home…[/quote]I’ll tell you what is an issue in the canyons over there that I _never_ would have guessed. Ticks, man. They’ve got ticks. I’ve hiked all over the county and never picked up a tick. Been in those canyons twice and got ticks both times. Brought back at least three the first time and even though I was careful the second time, still got one.

Seriously though, congratulations on the house, I just mentioned the tick thing because I was so danged surprised. You’ll probably never even see one.

[sdcellar]

[quote=flu]Coyotes and even skunks are not an issue in Carmel Valley bordering canyons in C.C. Highland areas.

You do get some wabbits, squirrels, and geckos though (my last gecko encounter resulted in an fatality when it decided to sleep under my car’s left rear tire. The rest is just, oh, flattened history…)

The wabbit furballs just love to feast on some nice flowers. So I gave up planting stuff that isn’t desert.
Yes, I tried garlic power/pepper powder. But they usually wash off with watering.

I need that bird that is swooping around Oxford’s home…[/quote]I’ll tell you what is an issue in the canyons over there that I _never_ would have guessed. Ticks, man. They’ve got ticks. I’ve hiked all over the county and never picked up a tick. Been in those canyons twice and got ticks both times. Brought back at least three the first time and even though I was careful the second time, still got one.

Seriously though, congratulations on the house, I just mentioned the tick thing because I was so danged surprised. You’ll probably never even see one.

[sdcellar]

[quote=flu]Coyotes and even skunks are not an issue in Carmel Valley bordering canyons in C.C. Highland areas.

You do get some wabbits, squirrels, and geckos though (my last gecko encounter resulted in an fatality when it decided to sleep under my car’s left rear tire. The rest is just, oh, flattened history…)

The wabbit furballs just love to feast on some nice flowers. So I gave up planting stuff that isn’t desert.
Yes, I tried garlic power/pepper powder. But they usually wash off with watering.

I need that bird that is swooping around Oxford’s home…[/quote]I’ll tell you what is an issue in the canyons over there that I _never_ would have guessed. Ticks, man. They’ve got ticks. I’ve hiked all over the county and never picked up a tick. Been in those canyons twice and got ticks both times. Brought back at least three the first time and even though I was careful the second time, still got one.

Seriously though, congratulations on the house, I just mentioned the tick thing because I was so danged surprised. You’ll probably never even see one.

[sdcellar]

[quote=flu]Coyotes and even skunks are not an issue in Carmel Valley bordering canyons in C.C. Highland areas.

You do get some wabbits, squirrels, and geckos though (my last gecko encounter resulted in an fatality when it decided to sleep under my car’s left rear tire. The rest is just, oh, flattened history…)

The wabbit furballs just love to feast on some nice flowers. So I gave up planting stuff that isn’t desert.
Yes, I tried garlic power/pepper powder. But they usually wash off with watering.

I need that bird that is swooping around Oxford’s home…[/quote]I’ll tell you what is an issue in the canyons over there that I _never_ would have guessed. Ticks, man. They’ve got ticks. I’ve hiked all over the county and never picked up a tick. Been in those canyons twice and got ticks both times. Brought back at least three the first time and even though I was careful the second time, still got one.

Seriously though, congratulations on the house, I just mentioned the tick thing because I was so danged surprised. You’ll probably never even see one.

[sdcellar]

[quote=flu]Coyotes and even skunks are not an issue in Carmel Valley bordering canyons in C.C. Highland areas.

You do get some wabbits, squirrels, and geckos though (my last gecko encounter resulted in an fatality when it decided to sleep under my car’s left rear tire. The rest is just, oh, flattened history…)

The wabbit furballs just love to feast on some nice flowers. So I gave up planting stuff that isn’t desert.
Yes, I tried garlic power/pepper powder. But they usually wash off with watering.

I need that bird that is swooping around Oxford’s home…[/quote]I’ll tell you what is an issue in the canyons over there that I _never_ would have guessed. Ticks, man. They’ve got ticks. I’ve hiked all over the county and never picked up a tick. Been in those canyons twice and got ticks both times. Brought back at least three the first time and even though I was careful the second time, still got one.

Seriously though, congratulations on the house, I just mentioned the tick thing because I was so danged surprised. You’ll probably never even see one.

[sdcellar]

[quote=AN][quote=cantab][quote=sdrealtor]FWIW houses that i have seen are not close to 2X’s 1996 prices adjusted for inflation. Maybe 2X’s 1996 prices but not adjusting for inlfation. Not sure if that is what you meant to say but its not the case that i can see.[/quote]

In Pacific Beach and La Jolla, houses are selling easily for three times their 1996 or 1997 prices. 3x nominal equals 2x inflation-adjusted, approximately.

Here is an example:
http://www.redfin.com/CA/La-Jolla/1110-W-Muirlands-Dr-92037/home/4916121

1110 West Muirlands Drive in La Jolla sold for $340,000 in early 1997. It had languished on the market for many months. Ocean view, backs to golf course. It’s had a major remodel since 97, but not recently. In 2008 the owners listed it for over $2M. It didn’t sell, but it would sell instantly now at over $1M.[/quote]
To backup sdrealtor’s point:

http://www.sdlookup.com/MLS-100030782-920_Santa_Queta_Solana_Beach_CA_92075

Sold in 1994 for 318k, 1996 for 407k, currently asking 789k. It also have ocean view. Looks like it was recently remodeled too.[/quote]1994/$318K in today’s dollars is $467.8K. 1996/$407K is $565.5K. The first is more than 2x inflation and the second is 1.4x.

If this is a good example, this would mean the number we’re really “approaching” is 1.5x? Does this make this asset class cheap?

[sdcellar]

[quote=AN][quote=cantab][quote=sdrealtor]FWIW houses that i have seen are not close to 2X’s 1996 prices adjusted for inflation. Maybe 2X’s 1996 prices but not adjusting for inlfation. Not sure if that is what you meant to say but its not the case that i can see.[/quote]

In Pacific Beach and La Jolla, houses are selling easily for three times their 1996 or 1997 prices. 3x nominal equals 2x inflation-adjusted, approximately.

Here is an example:
http://www.redfin.com/CA/La-Jolla/1110-W-Muirlands-Dr-92037/home/4916121

1110 West Muirlands Drive in La Jolla sold for $340,000 in early 1997. It had languished on the market for many months. Ocean view, backs to golf course. It’s had a major remodel since 97, but not recently. In 2008 the owners listed it for over $2M. It didn’t sell, but it would sell instantly now at over $1M.[/quote]
To backup sdrealtor’s point:

http://www.sdlookup.com/MLS-100030782-920_Santa_Queta_Solana_Beach_CA_92075

Sold in 1994 for 318k, 1996 for 407k, currently asking 789k. It also have ocean view. Looks like it was recently remodeled too.[/quote]1994/$318K in today’s dollars is $467.8K. 1996/$407K is $565.5K. The first is more than 2x inflation and the second is 1.4x.

If this is a good example, this would mean the number we’re really “approaching” is 1.5x? Does this make this asset class cheap?

[sdcellar]

[quote=AN][quote=cantab][quote=sdrealtor]FWIW houses that i have seen are not close to 2X’s 1996 prices adjusted for inflation. Maybe 2X’s 1996 prices but not adjusting for inlfation. Not sure if that is what you meant to say but its not the case that i can see.[/quote]

In Pacific Beach and La Jolla, houses are selling easily for three times their 1996 or 1997 prices. 3x nominal equals 2x inflation-adjusted, approximately.

Here is an example:
http://www.redfin.com/CA/La-Jolla/1110-W-Muirlands-Dr-92037/home/4916121

1110 West Muirlands Drive in La Jolla sold for $340,000 in early 1997. It had languished on the market for many months. Ocean view, backs to golf course. It’s had a major remodel since 97, but not recently. In 2008 the owners listed it for over $2M. It didn’t sell, but it would sell instantly now at over $1M.[/quote]
To backup sdrealtor’s point:

http://www.sdlookup.com/MLS-100030782-920_Santa_Queta_Solana_Beach_CA_92075

Sold in 1994 for 318k, 1996 for 407k, currently asking 789k. It also have ocean view. Looks like it was recently remodeled too.[/quote]1994/$318K in today’s dollars is $467.8K. 1996/$407K is $565.5K. The first is more than 2x inflation and the second is 1.4x.

If this is a good example, this would mean the number we’re really “approaching” is 1.5x? Does this make this asset class cheap?

[sdcellar]

[quote=AN][quote=cantab][quote=sdrealtor]FWIW houses that i have seen are not close to 2X’s 1996 prices adjusted for inflation. Maybe 2X’s 1996 prices but not adjusting for inlfation. Not sure if that is what you meant to say but its not the case that i can see.[/quote]

In Pacific Beach and La Jolla, houses are selling easily for three times their 1996 or 1997 prices. 3x nominal equals 2x inflation-adjusted, approximately.

Here is an example:
http://www.redfin.com/CA/La-Jolla/1110-W-Muirlands-Dr-92037/home/4916121

1110 West Muirlands Drive in La Jolla sold for $340,000 in early 1997. It had languished on the market for many months. Ocean view, backs to golf course. It’s had a major remodel since 97, but not recently. In 2008 the owners listed it for over $2M. It didn’t sell, but it would sell instantly now at over $1M.[/quote]
To backup sdrealtor’s point:

http://www.sdlookup.com/MLS-100030782-920_Santa_Queta_Solana_Beach_CA_92075

Sold in 1994 for 318k, 1996 for 407k, currently asking 789k. It also have ocean view. Looks like it was recently remodeled too.[/quote]1994/$318K in today’s dollars is $467.8K. 1996/$407K is $565.5K. The first is more than 2x inflation and the second is 1.4x.

If this is a good example, this would mean the number we’re really “approaching” is 1.5x? Does this make this asset class cheap?

[Author]

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