[sdcellar]

[quote=AN]In the eye of a buyer, if we get a tsunami, I can get a Del Mar/Solana Beach house for the price of a Mira Mesa house. If it trickle, then that result will never happen.[/quote]We will never get Del Mar/Solana Beach houses for the price of Mira Mesa houses and we both know that, so how about you a) quit suggesting such things and b) stop pretending that you’re wishing for prices to drop?

You wish for nothing more than for your own home purchase to be the savviest move ever and suggesting that only relatively impossible outcomes are the alternative certainly helps you feel best about it all.

I notice you’ve again introduced the notion that potential interest rate increases won’t be offset by reduction in home prices. I thought we’d settled that, but now you conveniently put forth 30-40% rate increases and only 10% more in price reduction. Seeing as neither of us can know where that goes, I find it interesting that you just keep tweaking the numbers in your “favor”.

I mean, for goodness sake, can’t you take what’s already pretty tough for those waiting on the sidelines and be happy with that? Inventory is extremely limited and prices are holding. Isn’t that enough for you?

[sdcellar]

[quote=sdrealtor]Tell me again we dont have a large amount of pent up demand building.[/quote]I don’t think anybody denies that pent up demand is out there. Heck, Piggington’s alone is chock full of it. I just question if the number is as high as you’ve put forth. I’ll certainly give you credit for throwing a number at it though!

[sdcellar]

[quote=sdrealtor]Tell me again we dont have a large amount of pent up demand building.[/quote]I don’t think anybody denies that pent up demand is out there. Heck, Piggington’s alone is chock full of it. I just question if the number is as high as you’ve put forth. I’ll certainly give you credit for throwing a number at it though!

[sdcellar]

[quote=sdrealtor]Tell me again we dont have a large amount of pent up demand building.[/quote]I don’t think anybody denies that pent up demand is out there. Heck, Piggington’s alone is chock full of it. I just question if the number is as high as you’ve put forth. I’ll certainly give you credit for throwing a number at it though!

[sdcellar]

[quote=sdrealtor]Tell me again we dont have a large amount of pent up demand building.[/quote]I don’t think anybody denies that pent up demand is out there. Heck, Piggington’s alone is chock full of it. I just question if the number is as high as you’ve put forth. I’ll certainly give you credit for throwing a number at it though!

[sdcellar]

[quote=sdrealtor]Tell me again we dont have a large amount of pent up demand building.[/quote]I don’t think anybody denies that pent up demand is out there. Heck, Piggington’s alone is chock full of it. I just question if the number is as high as you’ve put forth. I’ll certainly give you credit for throwing a number at it though!

[sdcellar]

I’d say your characterization of the market through the 90’s until now is pretty spot on, CA renter, especially with regard to when it should have peaked.

The numbers pemeliza posted bear that out pretty well as well.

[sdcellar]

I’d say your characterization of the market through the 90’s until now is pretty spot on, CA renter, especially with regard to when it should have peaked.

The numbers pemeliza posted bear that out pretty well as well.

[sdcellar]

I’d say your characterization of the market through the 90’s until now is pretty spot on, CA renter, especially with regard to when it should have peaked.

The numbers pemeliza posted bear that out pretty well as well.

[sdcellar]

I’d say your characterization of the market through the 90’s until now is pretty spot on, CA renter, especially with regard to when it should have peaked.

The numbers pemeliza posted bear that out pretty well as well.

[sdcellar]

I’d say your characterization of the market through the 90’s until now is pretty spot on, CA renter, especially with regard to when it should have peaked.

The numbers pemeliza posted bear that out pretty well as well.

[sdcellar]

AN, I think the phenomena is what sdrealtor has talked about before, the lowest priced properties (and areas) bubbled the most. They also had the least financially sound pool of buyers as you’re pointing out. This leaves higher priced areas with a little less to fall and generally better strength among owners. Newer construction seems disproportionally vulnerable as well, even at higher price ranges, but that would be my opinion.

Perhaps I was reading too much into your earlier posts, but your position sounds more moderate now, so I can only agree with it.

[sdcellar]

AN, I think the phenomena is what sdrealtor has talked about before, the lowest priced properties (and areas) bubbled the most. They also had the least financially sound pool of buyers as you’re pointing out. This leaves higher priced areas with a little less to fall and generally better strength among owners. Newer construction seems disproportionally vulnerable as well, even at higher price ranges, but that would be my opinion.

Perhaps I was reading too much into your earlier posts, but your position sounds more moderate now, so I can only agree with it.

[sdcellar]

AN, I think the phenomena is what sdrealtor has talked about before, the lowest priced properties (and areas) bubbled the most. They also had the least financially sound pool of buyers as you’re pointing out. This leaves higher priced areas with a little less to fall and generally better strength among owners. Newer construction seems disproportionally vulnerable as well, even at higher price ranges, but that would be my opinion.

Perhaps I was reading too much into your earlier posts, but your position sounds more moderate now, so I can only agree with it.

[sdcellar]

AN, I think the phenomena is what sdrealtor has talked about before, the lowest priced properties (and areas) bubbled the most. They also had the least financially sound pool of buyers as you’re pointing out. This leaves higher priced areas with a little less to fall and generally better strength among owners. Newer construction seems disproportionally vulnerable as well, even at higher price ranges, but that would be my opinion.

Perhaps I was reading too much into your earlier posts, but your position sounds more moderate now, so I can only agree with it.

[Author]

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