[sdcellar]

Good advice that there’s no rush, but last I checked, it comes in at 5.75 years–we can call it 6. I’ll go even more out on a limb to suggest that one or two parents just might think about schools the day before they drop junior off for kindergarten.

[sdcellar]

[quote=AN]If you look at smaller houses (~$2000 sq-ft), PPSF goes up to around ~$1.70/sq-ft in areas like CV.[/quote]Maybe you could stick to the criteria you put forth? Although I will grant that your last example supported my position beautifully. Thanks!

[sdcellar]

[quote=AN]If you look at smaller houses (~$2000 sq-ft), PPSF goes up to around ~$1.70/sq-ft in areas like CV.[/quote]Maybe you could stick to the criteria you put forth? Although I will grant that your last example supported my position beautifully. Thanks!

[sdcellar]

[quote=AN]If you look at smaller houses (~$2000 sq-ft), PPSF goes up to around ~$1.70/sq-ft in areas like CV.[/quote]Maybe you could stick to the criteria you put forth? Although I will grant that your last example supported my position beautifully. Thanks!

[sdcellar]

[quote=AN]If you look at smaller houses (~$2000 sq-ft), PPSF goes up to around ~$1.70/sq-ft in areas like CV.[/quote]Maybe you could stick to the criteria you put forth? Although I will grant that your last example supported my position beautifully. Thanks!

[sdcellar]

[quote=AN]If you look at smaller houses (~$2000 sq-ft), PPSF goes up to around ~$1.70/sq-ft in areas like CV.[/quote]Maybe you could stick to the criteria you put forth? Although I will grant that your last example supported my position beautifully. Thanks!

[sdcellar]

So you pull 14 of 35 to characterize svelte as mistaken? You actually missed three others that were at 80% LTV or below, but even with those, the collective LTV of the 21 that remain is 92% with eight at 95% or higher.

Should never assume, but I don’t think that svelte was suggesting all of those loans were at risk, just more than the norm.

Average P&I on these loans is $5,900/mo, with the highest at almost $8,000 (and lowest at $3,650). Average for what I’m calling the at-risk group is $6,500. That’s $78K in annual take home pay and remember, that’s net *after* taxes and doesn’t consider the rest of what comprises monthly housing costs. No doubt these folks better be in a different salary league, but it seems like job loss could be as devastating as for anyone else.

Unless you have something more substantive regarding where they might have stashed all this other capital besides their house, I’d say svelte’s got you here.

[sdcellar]

So you pull 14 of 35 to characterize svelte as mistaken? You actually missed three others that were at 80% LTV or below, but even with those, the collective LTV of the 21 that remain is 92% with eight at 95% or higher.

Should never assume, but I don’t think that svelte was suggesting all of those loans were at risk, just more than the norm.

Average P&I on these loans is $5,900/mo, with the highest at almost $8,000 (and lowest at $3,650). Average for what I’m calling the at-risk group is $6,500. That’s $78K in annual take home pay and remember, that’s net *after* taxes and doesn’t consider the rest of what comprises monthly housing costs. No doubt these folks better be in a different salary league, but it seems like job loss could be as devastating as for anyone else.

Unless you have something more substantive regarding where they might have stashed all this other capital besides their house, I’d say svelte’s got you here.

[sdcellar]

So you pull 14 of 35 to characterize svelte as mistaken? You actually missed three others that were at 80% LTV or below, but even with those, the collective LTV of the 21 that remain is 92% with eight at 95% or higher.

Should never assume, but I don’t think that svelte was suggesting all of those loans were at risk, just more than the norm.

Average P&I on these loans is $5,900/mo, with the highest at almost $8,000 (and lowest at $3,650). Average for what I’m calling the at-risk group is $6,500. That’s $78K in annual take home pay and remember, that’s net *after* taxes and doesn’t consider the rest of what comprises monthly housing costs. No doubt these folks better be in a different salary league, but it seems like job loss could be as devastating as for anyone else.

Unless you have something more substantive regarding where they might have stashed all this other capital besides their house, I’d say svelte’s got you here.

[sdcellar]

So you pull 14 of 35 to characterize svelte as mistaken? You actually missed three others that were at 80% LTV or below, but even with those, the collective LTV of the 21 that remain is 92% with eight at 95% or higher.

Should never assume, but I don’t think that svelte was suggesting all of those loans were at risk, just more than the norm.

Average P&I on these loans is $5,900/mo, with the highest at almost $8,000 (and lowest at $3,650). Average for what I’m calling the at-risk group is $6,500. That’s $78K in annual take home pay and remember, that’s net *after* taxes and doesn’t consider the rest of what comprises monthly housing costs. No doubt these folks better be in a different salary league, but it seems like job loss could be as devastating as for anyone else.

Unless you have something more substantive regarding where they might have stashed all this other capital besides their house, I’d say svelte’s got you here.

[sdcellar]

So you pull 14 of 35 to characterize svelte as mistaken? You actually missed three others that were at 80% LTV or below, but even with those, the collective LTV of the 21 that remain is 92% with eight at 95% or higher.

Should never assume, but I don’t think that svelte was suggesting all of those loans were at risk, just more than the norm.

Average P&I on these loans is $5,900/mo, with the highest at almost $8,000 (and lowest at $3,650). Average for what I’m calling the at-risk group is $6,500. That’s $78K in annual take home pay and remember, that’s net *after* taxes and doesn’t consider the rest of what comprises monthly housing costs. No doubt these folks better be in a different salary league, but it seems like job loss could be as devastating as for anyone else.

Unless you have something more substantive regarding where they might have stashed all this other capital besides their house, I’d say svelte’s got you here.

[sdcellar]

[quote=SD Realtor]mmmm…. I think AN is kinda correct. I am getting 1.80 in my Talmadge rental and 1.90 in my PB condo. Definitely not high end stuff. Smaller though like AN said. In the Scripps home I am living in and renting I am paying about 1.10 psf.[/quote]mmmm…. He was talking houses, 2000 square feet and CV, so my kinda is probably more relevant to the post in question.

and I don’t really know jack about condo rents.

I’m curious though. How small is your Talmadge rental? Is it a condo as well? That’s close to my old ‘hood.

[sdcellar]

[quote=SD Realtor]mmmm…. I think AN is kinda correct. I am getting 1.80 in my Talmadge rental and 1.90 in my PB condo. Definitely not high end stuff. Smaller though like AN said. In the Scripps home I am living in and renting I am paying about 1.10 psf.[/quote]mmmm…. He was talking houses, 2000 square feet and CV, so my kinda is probably more relevant to the post in question.

and I don’t really know jack about condo rents.

I’m curious though. How small is your Talmadge rental? Is it a condo as well? That’s close to my old ‘hood.

[sdcellar]

[quote=SD Realtor]mmmm…. I think AN is kinda correct. I am getting 1.80 in my Talmadge rental and 1.90 in my PB condo. Definitely not high end stuff. Smaller though like AN said. In the Scripps home I am living in and renting I am paying about 1.10 psf.[/quote]mmmm…. He was talking houses, 2000 square feet and CV, so my kinda is probably more relevant to the post in question.

and I don’t really know jack about condo rents.

I’m curious though. How small is your Talmadge rental? Is it a condo as well? That’s close to my old ‘hood.

[sdcellar]

[quote=SD Realtor]mmmm…. I think AN is kinda correct. I am getting 1.80 in my Talmadge rental and 1.90 in my PB condo. Definitely not high end stuff. Smaller though like AN said. In the Scripps home I am living in and renting I am paying about 1.10 psf.[/quote]mmmm…. He was talking houses, 2000 square feet and CV, so my kinda is probably more relevant to the post in question.

and I don’t really know jack about condo rents.

I’m curious though. How small is your Talmadge rental? Is it a condo as well? That’s close to my old ‘hood.

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