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spdrun
ParticipantAs has been said, if you think the Obama recovery sucked, just wait until the Obama crash hits.
An artificially inflated stock market does not a “recovery” make — the recovery never happened for the average American schmuck. Not while labor force participation rates are at 63-and-change per cent, pretty much record lows for the last 10 years.
Yeah, a lot of institutional buyers and wealthy people have money and are taking advantage of the relative cheapness of real estate, but what’s new?
ParticipantWay to resurrect a necro-thread 🙂
I don’t see what’s so horrible about downtown. Good view of the waterfront and marina, close to the airport if you’re someone who needs to fly out frequently (takeoffs happen the other direction), lots of pretty 1920s/30s buildings.
Coming from NYC, I didn’t get a super-diverse vibe from downtown. More of a business district and less busy after hours. North Park and the areas around it feel much more diverse to me.
Participant$250-400K isn’t $1MM. My point stands.
ParticipantInstitutional buyers would likely be buying apartment buildings, not individual houses in the $1MM+ range. Not enough money in renting the latter out.
February 15, 2013 at 10:31 AM in reply to: People aren’t leaving CA in droves… at least according to the United Van Lines survey #759461ParticipantWhat about encouraging developers to build denser infill in desirable areas, rather than sprawling out into Lizardia? 4-6 story multi, not NYC type highrises! Might even be able to sell people on the views.
ParticipantNo kitchen. Hmmmmmm. Can it have a laundry room with lots of counter space and a 240V outlet? For the dryer, naturally.
ParticipantBWAHAHAHAHAHA! *schnarff*
This makes NYC (soda-boy Bloomberg) and Chicago politicians seem positively sane. Thanks for the larf.
ParticipantBelieve me, the world has already thrown me many turds, starting with a case of a polio-like virus when I was 6 months old; doctor didn’t have much hope for me leading a normal life or even being able to walk. All the more reason to attempt to live a supra-normal life – I’ve always been an ornery, contrary sort of guy.
In short: time to start tossin’ em back like a chimp on crystal meth.
ParticipantHardly. I was just very lucky a few years back, and it would be criminally stupid of me to waste that kind of luck. G-d helps those who help themselves.
Happy VD!
ParticipantI have no interest in being the man. Just in never EVER having to kowtow to him.
ParticipantWhat fun is getting paid a lot if you have no time to enjoy it?
The “other stuff” is where my offers on short-sales and fork-lost homes come in. I intend to have enough rentals to pay basic living expenses (food, housing, health insurance) within the next 1.5 years. If I get any one of the properties I’m on offer with and am able to rent it out at market, my housing expense will already drop to no more than a couple hundred per month. Anything additional that I get from contracting or stock market gameplay will just be icing on the cake.
If I can’t live like a European in the US, while having the benefits of living in the US, there’s no point in remaining here.
ParticipantThis is why I’m freelance. If I were to go full time, I’d probably move somewhere outside of Dumberica first, since most countries are more civilized about vacation time rules than we are. I’m a dual citizen so I can legally work anywhere in the EU as well as in the US.
February 14, 2013 at 10:27 AM in reply to: People aren’t leaving CA in droves… at least according to the United Van Lines survey #759370ParticipantGood stats, but flawed since they don’t tend to take foreign immigration/emigration into account. Which is the source of a lot of the flow into the NYC/NJ/CT area. A lot of people come in or out with just a few suitcases — I know that my parents did in 1971.
(And it’s great to live in a city that’s slightly less than 50% foreign-born.)
ParticipantNever attribute to malice what can be attributed to simple human stupidity.
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