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smshorttimer
Participant[quote=Cabal]Congrats on your purchase. Alta Loma is one of the better locations in the Inland Empire is terms of value retention; sticky on the way down and bullish on the way up. If I remember correctly, the rule of thumb was to stay north of Foothill, north of Baseline if possible, and obviously west of I-15 away from Fontana. I owned two houses in Alta Loma in the late 80s before moving down to SD in the early 90s. It was there that I first tasted the RE Kool-Aid (yummy). The last house was in the Victoria tract near Baseline & Haven. Where abouts is your home? What is the area like these days? From memory, Alta Loma and the adjacent towns of Upland and Claremont were beautiful communities, particularly in winter when the smog is sparse and the views to the mountains are simply majestic. Some of the homes particularly on the northern fringes of town are simply spectacular, certainly on par with homes in SD communities like Olivenhein. On balance, it’s a great area to raise a family. I miss the 30 min drive time to ski Mt Baldy, the charm of old Claremont and the Claremont Colleges, the fairgrounds, and Vince’s Spaghetti (is it still there?).[/quote]
I love sneaking glances of homes in Claremont/San Antonio Hghts on way up to the ski lifts. Would be on my short list if I had to live in the area and had the $.
smshorttimer
Participant[quote=Cabal]Congrats on your purchase. Alta Loma is one of the better locations in the Inland Empire is terms of value retention; sticky on the way down and bullish on the way up. If I remember correctly, the rule of thumb was to stay north of Foothill, north of Baseline if possible, and obviously west of I-15 away from Fontana. I owned two houses in Alta Loma in the late 80s before moving down to SD in the early 90s. It was there that I first tasted the RE Kool-Aid (yummy). The last house was in the Victoria tract near Baseline & Haven. Where abouts is your home? What is the area like these days? From memory, Alta Loma and the adjacent towns of Upland and Claremont were beautiful communities, particularly in winter when the smog is sparse and the views to the mountains are simply majestic. Some of the homes particularly on the northern fringes of town are simply spectacular, certainly on par with homes in SD communities like Olivenhein. On balance, it’s a great area to raise a family. I miss the 30 min drive time to ski Mt Baldy, the charm of old Claremont and the Claremont Colleges, the fairgrounds, and Vince’s Spaghetti (is it still there?).[/quote]
I love sneaking glances of homes in Claremont/San Antonio Hghts on way up to the ski lifts. Would be on my short list if I had to live in the area and had the $.
smshorttimer
Participant[quote=Cabal]Congrats on your purchase. Alta Loma is one of the better locations in the Inland Empire is terms of value retention; sticky on the way down and bullish on the way up. If I remember correctly, the rule of thumb was to stay north of Foothill, north of Baseline if possible, and obviously west of I-15 away from Fontana. I owned two houses in Alta Loma in the late 80s before moving down to SD in the early 90s. It was there that I first tasted the RE Kool-Aid (yummy). The last house was in the Victoria tract near Baseline & Haven. Where abouts is your home? What is the area like these days? From memory, Alta Loma and the adjacent towns of Upland and Claremont were beautiful communities, particularly in winter when the smog is sparse and the views to the mountains are simply majestic. Some of the homes particularly on the northern fringes of town are simply spectacular, certainly on par with homes in SD communities like Olivenhein. On balance, it’s a great area to raise a family. I miss the 30 min drive time to ski Mt Baldy, the charm of old Claremont and the Claremont Colleges, the fairgrounds, and Vince’s Spaghetti (is it still there?).[/quote]
I love sneaking glances of homes in Claremont/San Antonio Hghts on way up to the ski lifts. Would be on my short list if I had to live in the area and had the $.
smshorttimer
Participant[quote=Cabal]Congrats on your purchase. Alta Loma is one of the better locations in the Inland Empire is terms of value retention; sticky on the way down and bullish on the way up. If I remember correctly, the rule of thumb was to stay north of Foothill, north of Baseline if possible, and obviously west of I-15 away from Fontana. I owned two houses in Alta Loma in the late 80s before moving down to SD in the early 90s. It was there that I first tasted the RE Kool-Aid (yummy). The last house was in the Victoria tract near Baseline & Haven. Where abouts is your home? What is the area like these days? From memory, Alta Loma and the adjacent towns of Upland and Claremont were beautiful communities, particularly in winter when the smog is sparse and the views to the mountains are simply majestic. Some of the homes particularly on the northern fringes of town are simply spectacular, certainly on par with homes in SD communities like Olivenhein. On balance, it’s a great area to raise a family. I miss the 30 min drive time to ski Mt Baldy, the charm of old Claremont and the Claremont Colleges, the fairgrounds, and Vince’s Spaghetti (is it still there?).[/quote]
I love sneaking glances of homes in Claremont/San Antonio Hghts on way up to the ski lifts. Would be on my short list if I had to live in the area and had the $.
smshorttimer
Participant[quote=electric319]Where was the moral outrage to Bush’s tax cuts for the wealthy and an illegal war in Iraq that will cost future generations trillions? I have heard the same people who were silent about the aforementioned, squawk indignantly about a program that assists middle class first time home buyers get a tax break. And the fact of the matter is, it is still not easy to get into a house in San Diego because the banks are giving preference to the wealthy investors who are paying all cash for foreclosed properties. Michael Moore has hit the nail on the head with his new film, “Capitalism! A Love Story” Wallstreet is destroying this country, the deck is stacked in favor of the wealthy; the investor class. Find something bigger to make a fuss about, please![/quote]
You have been a Pigg for 45 minutes, what do you know about the fusses made here?
Who are these people, by the way? Sounds like a self-serving straw man’s rant to me.
If the tax credit simply helps prop up prices — at least in the lower end — how does that help the middle class? The government would do better to help middle class would-be home buyers by easing at least some of its interventionist policies.
smshorttimer
Participant[quote=electric319]Where was the moral outrage to Bush’s tax cuts for the wealthy and an illegal war in Iraq that will cost future generations trillions? I have heard the same people who were silent about the aforementioned, squawk indignantly about a program that assists middle class first time home buyers get a tax break. And the fact of the matter is, it is still not easy to get into a house in San Diego because the banks are giving preference to the wealthy investors who are paying all cash for foreclosed properties. Michael Moore has hit the nail on the head with his new film, “Capitalism! A Love Story” Wallstreet is destroying this country, the deck is stacked in favor of the wealthy; the investor class. Find something bigger to make a fuss about, please![/quote]
You have been a Pigg for 45 minutes, what do you know about the fusses made here?
Who are these people, by the way? Sounds like a self-serving straw man’s rant to me.
If the tax credit simply helps prop up prices — at least in the lower end — how does that help the middle class? The government would do better to help middle class would-be home buyers by easing at least some of its interventionist policies.
smshorttimer
Participant[quote=electric319]Where was the moral outrage to Bush’s tax cuts for the wealthy and an illegal war in Iraq that will cost future generations trillions? I have heard the same people who were silent about the aforementioned, squawk indignantly about a program that assists middle class first time home buyers get a tax break. And the fact of the matter is, it is still not easy to get into a house in San Diego because the banks are giving preference to the wealthy investors who are paying all cash for foreclosed properties. Michael Moore has hit the nail on the head with his new film, “Capitalism! A Love Story” Wallstreet is destroying this country, the deck is stacked in favor of the wealthy; the investor class. Find something bigger to make a fuss about, please![/quote]
You have been a Pigg for 45 minutes, what do you know about the fusses made here?
Who are these people, by the way? Sounds like a self-serving straw man’s rant to me.
If the tax credit simply helps prop up prices — at least in the lower end — how does that help the middle class? The government would do better to help middle class would-be home buyers by easing at least some of its interventionist policies.
smshorttimer
Participant[quote=electric319]Where was the moral outrage to Bush’s tax cuts for the wealthy and an illegal war in Iraq that will cost future generations trillions? I have heard the same people who were silent about the aforementioned, squawk indignantly about a program that assists middle class first time home buyers get a tax break. And the fact of the matter is, it is still not easy to get into a house in San Diego because the banks are giving preference to the wealthy investors who are paying all cash for foreclosed properties. Michael Moore has hit the nail on the head with his new film, “Capitalism! A Love Story” Wallstreet is destroying this country, the deck is stacked in favor of the wealthy; the investor class. Find something bigger to make a fuss about, please![/quote]
You have been a Pigg for 45 minutes, what do you know about the fusses made here?
Who are these people, by the way? Sounds like a self-serving straw man’s rant to me.
If the tax credit simply helps prop up prices — at least in the lower end — how does that help the middle class? The government would do better to help middle class would-be home buyers by easing at least some of its interventionist policies.
smshorttimer
Participant[quote=electric319]Where was the moral outrage to Bush’s tax cuts for the wealthy and an illegal war in Iraq that will cost future generations trillions? I have heard the same people who were silent about the aforementioned, squawk indignantly about a program that assists middle class first time home buyers get a tax break. And the fact of the matter is, it is still not easy to get into a house in San Diego because the banks are giving preference to the wealthy investors who are paying all cash for foreclosed properties. Michael Moore has hit the nail on the head with his new film, “Capitalism! A Love Story” Wallstreet is destroying this country, the deck is stacked in favor of the wealthy; the investor class. Find something bigger to make a fuss about, please![/quote]
You have been a Pigg for 45 minutes, what do you know about the fusses made here?
Who are these people, by the way? Sounds like a self-serving straw man’s rant to me.
If the tax credit simply helps prop up prices — at least in the lower end — how does that help the middle class? The government would do better to help middle class would-be home buyers by easing at least some of its interventionist policies.
smshorttimer
Participant[quote=svelte]It is odd to me how those who complain about the $8K tax credit never seem to say a peep about the home mortgage deduction.
Might it be because they own a home but aren’t buying one this year?[/quote]
We take the mortgage interest deduction for granted since it’s been around for so long. And it’s not like that deduction can totally wipe out someone’s federal tax bill; probably rarely so. But if I were to close escrow by Nov. 30, the gov’t would be paying me triple my expected income-tax obligation for ’09.
smshorttimer
Participant[quote=svelte]It is odd to me how those who complain about the $8K tax credit never seem to say a peep about the home mortgage deduction.
Might it be because they own a home but aren’t buying one this year?[/quote]
We take the mortgage interest deduction for granted since it’s been around for so long. And it’s not like that deduction can totally wipe out someone’s federal tax bill; probably rarely so. But if I were to close escrow by Nov. 30, the gov’t would be paying me triple my expected income-tax obligation for ’09.
smshorttimer
Participant[quote=svelte]It is odd to me how those who complain about the $8K tax credit never seem to say a peep about the home mortgage deduction.
Might it be because they own a home but aren’t buying one this year?[/quote]
We take the mortgage interest deduction for granted since it’s been around for so long. And it’s not like that deduction can totally wipe out someone’s federal tax bill; probably rarely so. But if I were to close escrow by Nov. 30, the gov’t would be paying me triple my expected income-tax obligation for ’09.
smshorttimer
Participant[quote=svelte]It is odd to me how those who complain about the $8K tax credit never seem to say a peep about the home mortgage deduction.
Might it be because they own a home but aren’t buying one this year?[/quote]
We take the mortgage interest deduction for granted since it’s been around for so long. And it’s not like that deduction can totally wipe out someone’s federal tax bill; probably rarely so. But if I were to close escrow by Nov. 30, the gov’t would be paying me triple my expected income-tax obligation for ’09.
smshorttimer
Participant[quote=svelte]It is odd to me how those who complain about the $8K tax credit never seem to say a peep about the home mortgage deduction.
Might it be because they own a home but aren’t buying one this year?[/quote]
We take the mortgage interest deduction for granted since it’s been around for so long. And it’s not like that deduction can totally wipe out someone’s federal tax bill; probably rarely so. But if I were to close escrow by Nov. 30, the gov’t would be paying me triple my expected income-tax obligation for ’09.
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