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sdrealtor
ParticipantDitto that FSD,
I dont necessarily believe the 75th percentile figure but knew we should be closer to that than to the 50th. I can live with the 68th percentile as being reasonable on an intuitive level.One additional refinement we should concisder is that we should try to look at this ZIP code if possible. A shift in the mix of homes sold could wreek havoc on the analysis. Limiting the geography would seem to make more sense to me.
Thanks again WhyBuy
sdrealtor
ParticipantDitto that FSD,
I dont necessarily believe the 75th percentile figure but knew we should be closer to that than to the 50th. I can live with the 68th percentile as being reasonable on an intuitive level.One additional refinement we should concisder is that we should try to look at this ZIP code if possible. A shift in the mix of homes sold could wreek havoc on the analysis. Limiting the geography would seem to make more sense to me.
Thanks again WhyBuy
sdrealtor
ParticipantDitto that FSD,
I dont necessarily believe the 75th percentile figure but knew we should be closer to that than to the 50th. I can live with the 68th percentile as being reasonable on an intuitive level.One additional refinement we should concisder is that we should try to look at this ZIP code if possible. A shift in the mix of homes sold could wreek havoc on the analysis. Limiting the geography would seem to make more sense to me.
Thanks again WhyBuy
sdrealtor
ParticipantDitto that FSD,
I dont necessarily believe the 75th percentile figure but knew we should be closer to that than to the 50th. I can live with the 68th percentile as being reasonable on an intuitive level.One additional refinement we should concisder is that we should try to look at this ZIP code if possible. A shift in the mix of homes sold could wreek havoc on the analysis. Limiting the geography would seem to make more sense to me.
Thanks again WhyBuy
sdrealtor
ParticipantIf they reached 2001 prices I know that I would be “all in”. I’d buy 3 in my hood and have the assets to easily do so.
sdrealtor
ParticipantIf they reached 2001 prices I know that I would be “all in”. I’d buy 3 in my hood and have the assets to easily do so.
sdrealtor
ParticipantIf they reached 2001 prices I know that I would be “all in”. I’d buy 3 in my hood and have the assets to easily do so.
sdrealtor
ParticipantIf they reached 2001 prices I know that I would be “all in”. I’d buy 3 in my hood and have the assets to easily do so.
sdrealtor
ParticipantIf they reached 2001 prices I know that I would be “all in”. I’d buy 3 in my hood and have the assets to easily do so.
sdrealtor
ParticipantEX-SD,
If homes in my neighborhood (which rent very very quickly) dropped to 1998 prices they would be cash positive by more than $1000 per month based upon current rents. At 2000 prices they would be cash flow positive by more than $500 per month.Do you honestly believe prices will reach those levels? There are a lot of my neighbors (Drs. lawyers, execs, business owners, wealthy retirees etc. ) that would buy every one of them well before they approached those levels as investments.
sdrealtor
ParticipantEX-SD,
If homes in my neighborhood (which rent very very quickly) dropped to 1998 prices they would be cash positive by more than $1000 per month based upon current rents. At 2000 prices they would be cash flow positive by more than $500 per month.Do you honestly believe prices will reach those levels? There are a lot of my neighbors (Drs. lawyers, execs, business owners, wealthy retirees etc. ) that would buy every one of them well before they approached those levels as investments.
sdrealtor
ParticipantEX-SD,
If homes in my neighborhood (which rent very very quickly) dropped to 1998 prices they would be cash positive by more than $1000 per month based upon current rents. At 2000 prices they would be cash flow positive by more than $500 per month.Do you honestly believe prices will reach those levels? There are a lot of my neighbors (Drs. lawyers, execs, business owners, wealthy retirees etc. ) that would buy every one of them well before they approached those levels as investments.
sdrealtor
ParticipantEX-SD,
If homes in my neighborhood (which rent very very quickly) dropped to 1998 prices they would be cash positive by more than $1000 per month based upon current rents. At 2000 prices they would be cash flow positive by more than $500 per month.Do you honestly believe prices will reach those levels? There are a lot of my neighbors (Drs. lawyers, execs, business owners, wealthy retirees etc. ) that would buy every one of them well before they approached those levels as investments.
sdrealtor
ParticipantEX-SD,
If homes in my neighborhood (which rent very very quickly) dropped to 1998 prices they would be cash positive by more than $1000 per month based upon current rents. At 2000 prices they would be cash flow positive by more than $500 per month.Do you honestly believe prices will reach those levels? There are a lot of my neighbors (Drs. lawyers, execs, business owners, wealthy retirees etc. ) that would buy every one of them well before they approached those levels as investments.
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