[sdrealtor]

This is all about greed and entitlement. This guy inherited a boatload of real estate. If he’s not happy with the taxes he can sell with a stepped up basis and reinvest somewhere else with better cap rates. Prop 13 was a great thing and I support most of it. With our prices going crazy I like the idea that long time owners should not get priced out. But commercial property owners and investment properties for heirs? Not so much with this high class problem. My kids are gonna inherit millions in real estate. If they elect to live in it and Prop 19 increases their taxes, they will be in paid off homes with monthly taxes that are still less than the cost of a 1BR rental in the area. If they cant afford that between what they make and what I leave behind they should go. If they rent the properties out, let them pay market rate taxes. They will still be massively cash flow positive as they will be paid off. Im not gonna cry for my kids making less massive profits and Im not gonna cry for someone else’s kids either. Or they can sell em but either way it will be a massive generational wealth windfall. Im good and they will be also

 

I believe this passing on of low taxes endlessly was a major cause of the lack of affordability here and it needs to improve. If this guy wants to help his struggling rentals Im sure he’d be just fine with one less 5* vacation

[sdrealtor]

105 with Excessive heat warning in effect. Its only going to get worse. Welcome to several months of indoor living

[sdrealtor]

You need a lawyer. You need to file a lien on the home

[sdrealtor]

Josh

the best part of this story is yet to come. Hang tight. It’s coming

[sdrealtor]

Sorry I’ve been lazy posting but i do run the numbers. I’ll try to get an update out. Generally speaking the market feels like it’s softened a little bit and that inventory has built a little bit more but looking at it from a high-level it’s nothing I would consider a material change yet

[sdrealtor]

Yet

[sdrealtor]

And more good news! At least they arent there….yet

https://www.yahoo.com/news/scorpions-invade-southwest-las-vegas-191919110.html

[sdrealtor]

Like I said you should look Kevin up. My ex girlfriend who passed a few years ago used to date him when he was younger and she said he was quite fond of the peace pipe. In fact he rarely puts it down

Watch out for Nebaska they are #3 with a bullet!

[sdrealtor]

In fairness its time to give credit where credit is due. Some arbitrary publication created an arbitrary measure saying you’re the best!!! But dont rest easy…Nebraska is nipping at those heels

https://www.realtor.com/news/trends/this-is-the-best-state-in-america

[sdrealtor]

Time to catch up here. 3 weeks of data

New Listings

20 (12)

21 (19)

19 (10)

New Pendings

22 (19)

21 (11)

24 (17)

Thats

-2

0

-5

Closed sales

18 (10)

17 (16)

17 (17)

Inventory

80 (41)

85 (49)

85 (45)

Inventory has been about the same the last two months albeit quite a bit higher than last year. Pendings are also running ahead which is keeping inventory mostly flat the last couple months. Its game on for buyers that are out there. Should be a steady flow of inventory also. Still feels sluggish out there but steady

 

[sdrealtor]

Yikes got some catching up to do. Here comes 3 weeks listings

New listings

7 (7)

7 (3)

4 (4)

New Pendings

4 (10)

6 (7)

4 (4)

thats

+3

+1

0

Closed sales

6 (3)

8 (2)

6 (3)

Total houses for sale

11 (9)

13 (7)

13 (10)

New listings about the same as last year but pending sales down. Inventory creeping up slightly but still very low

 

 

[sdrealtor]

5th week of march

New 20 (12) –

Pending 22 (19) –

Thats -2

Closed 18 (10) –

Total houses on the market 80 (41 last year) with a median of 2.58M (2.545M). Two years ago we were at 51 and in 2021 we were at 61.

This is a time of year inventory climbs as Spring listings pile on the market while buyers tend to take a break for tax season in early April. Then its game on.

[sdrealtor]

Sorry but that is a false equivalency. Buying a pair of Trump branded sneakers are buying an inferior product which are nothing more than a political/fashion statement and a poor one at that. Buying a Tesla is buying a great car that brings tremendous value.

The other driver that hit me insurance company asked if they could share the videos with their insured. They took their statement then showed them the videos I sent over. The adjuster I spoke with yesterday was laughing when she said “yeah those videos are pretty compelling, our insured is at full fault, we’ll send an appraiser out and issue payment. Would you prefer a check or Zelle?”

[sdrealtor]

Its a car scaredy. Its just car. Its not a political statement. You arent going to save the environment. You are going from point a to point b. That is all you are doing. It is transportation. Its not who you are. Its just a car

[sdrealtor]

I think there is a lack of understanding about all EV value proposition and tons of negative propaganda out there.

My previous tesla was involved in a 50 MPH head on collision when someone pulled out from a sidestreet at last minute in front of me. It saved my life and I walked away without a scratch. Buying a replacement after that was a no brainer.

My current Tesla is over 3 years old and has 110K miles on it. Besides tires my entire maintenance cost has been a $1 gallon of windshield washer fluid. I’ve met people with 250K miles whose experience is the same except they are on their second gallon of windshield washer fluid. Ive heard of cars with 400K on original batteries. The maintenance manager at the Carlsbad tesla service center told me he’s seen 3 brake jobs in the 10 years he’s been there.

It is the most reliable dependable car Ive ever owned. My car is better today than the day I got it. The interior looks brand new. It drives as well or  better than it did when i got it and does things it didnt when i bought it.

It has been to Napa Valley, Phoenix, Palm Desert and Vegas multiple times. Range has never been an issue and the supercharger network on the freeways here is more than adequate. I can only drive about 250 miles straight without stopping. The stops involve pulling in, plugging right in, going to bathroom, getting coffee or soft drink and perhaps a snack. I like to stretch my back for a few moments before I unplug and continue on. On the longest trips I bring a yoga mat to stretch for 3 to 5 minutes. I would need that time no matter what I was driving. By then (15 to 25 minutes) the car is recharged and ready to continue. I usually don’t have to stop again and if I do its a 10 minute stop.

The range when I bought it was 328 and it is down to 311 so not much degradation.

This is my experience, not some propaganda from EV haters.  I am not trying to save the world or make a political statement. Im driving the best most fun vehicle  with an amazingly low cost of ownership that has already saved my life once.

This past weekend someone sideswiped my current Tesla. They pulled over and started yelling at me for hitting the front of their car with the rear passenger side quarter panel of mine. I laughed and said I’ve got perfectly clear HD videos of the the events leading up to, after and the actual point of collision from the front, side and rear cameras. Let me have your insurance information and I can email them so I can get this settled quickly. Currently working through to decide if I want to repair, leave with a dent or buy another new one all of which would involve little out of pocket expense to me.

I was never a car lover like coronita or AN. Its just a car to me. Transportation and thats all. But I do enjoy it like no other vehicle Ive owned

[Author]

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