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surveyor
ParticipantFeeling you!!!
My outer circle has been feeling it since Christmas – my wife and I are notorious cheapskates, but we did notice the other members of our families being pretty modest with their choice of Christmas presents.
For my family, our finances are actually in pretty good shape. Our employers are doing well, all things considered. With the start of the new year, I was looking to see what expenses we can lower (not much, but it was worth a look – I’m planning to bring my lunches to work, but it’s more because I’m trying to get more work done as opposed to trying to save money). There are things that the wife would definitely like to eliminate (like my monthly comic book run and cable TV), but that’s not going to happen unless we’re in dire straits I told her. Lakers are going deep into the playoffs and there’s just no way I’m missing that this year. 🙂
I do feel that things are really bad out there, but that’s because I read blogs like this and then I start worrying. I have to actually step outside of this blog and look at my situation and realize that at least for me, things are good and that my long range plans are proceeding as planned.
Still, I will admit that I am seeing signs of stress in other people.
surveyor
ParticipantFeeling you!!!
My outer circle has been feeling it since Christmas – my wife and I are notorious cheapskates, but we did notice the other members of our families being pretty modest with their choice of Christmas presents.
For my family, our finances are actually in pretty good shape. Our employers are doing well, all things considered. With the start of the new year, I was looking to see what expenses we can lower (not much, but it was worth a look – I’m planning to bring my lunches to work, but it’s more because I’m trying to get more work done as opposed to trying to save money). There are things that the wife would definitely like to eliminate (like my monthly comic book run and cable TV), but that’s not going to happen unless we’re in dire straits I told her. Lakers are going deep into the playoffs and there’s just no way I’m missing that this year. 🙂
I do feel that things are really bad out there, but that’s because I read blogs like this and then I start worrying. I have to actually step outside of this blog and look at my situation and realize that at least for me, things are good and that my long range plans are proceeding as planned.
Still, I will admit that I am seeing signs of stress in other people.
surveyor
Participant$400k properties…
I read it, I definitely thought, with all the foreclosures, that there should be something like this going on. Certainly I’ve seen it happen in the midwest.
The problem I see with their approach is that they really should try to get it at the bottom price, instead of assuming that California properties are priced appropriately at “$400k”. A streamlined condemnation method would work better and you could probably get properties in the $50k per unit.
The land banks in the midwest that they are getting advice from, they’re not paying $400k per unit, that’s for sure.
surveyor
Participant$400k properties…
I read it, I definitely thought, with all the foreclosures, that there should be something like this going on. Certainly I’ve seen it happen in the midwest.
The problem I see with their approach is that they really should try to get it at the bottom price, instead of assuming that California properties are priced appropriately at “$400k”. A streamlined condemnation method would work better and you could probably get properties in the $50k per unit.
The land banks in the midwest that they are getting advice from, they’re not paying $400k per unit, that’s for sure.
surveyor
Participant$400k properties…
I read it, I definitely thought, with all the foreclosures, that there should be something like this going on. Certainly I’ve seen it happen in the midwest.
The problem I see with their approach is that they really should try to get it at the bottom price, instead of assuming that California properties are priced appropriately at “$400k”. A streamlined condemnation method would work better and you could probably get properties in the $50k per unit.
The land banks in the midwest that they are getting advice from, they’re not paying $400k per unit, that’s for sure.
surveyor
Participant$400k properties…
I read it, I definitely thought, with all the foreclosures, that there should be something like this going on. Certainly I’ve seen it happen in the midwest.
The problem I see with their approach is that they really should try to get it at the bottom price, instead of assuming that California properties are priced appropriately at “$400k”. A streamlined condemnation method would work better and you could probably get properties in the $50k per unit.
The land banks in the midwest that they are getting advice from, they’re not paying $400k per unit, that’s for sure.
surveyor
Participant$400k properties…
I read it, I definitely thought, with all the foreclosures, that there should be something like this going on. Certainly I’ve seen it happen in the midwest.
The problem I see with their approach is that they really should try to get it at the bottom price, instead of assuming that California properties are priced appropriately at “$400k”. A streamlined condemnation method would work better and you could probably get properties in the $50k per unit.
The land banks in the midwest that they are getting advice from, they’re not paying $400k per unit, that’s for sure.
surveyor
ParticipantHe seriously doesn’t know?
All the major civil engineering firms have been in the doldrums since the housing market started going down. Many firms have been laying off staff for the past two years.
The only civil engineering firms not suffering are the ones who have diversified into government contracts (usually the small ones).
I don’t have any personal knowledge, but I heard that the Hunsaker office in San Diego had to lay off a major portion of their surveying and civil engineering personnel. This happened around last year.
surveyor
ParticipantHe seriously doesn’t know?
All the major civil engineering firms have been in the doldrums since the housing market started going down. Many firms have been laying off staff for the past two years.
The only civil engineering firms not suffering are the ones who have diversified into government contracts (usually the small ones).
I don’t have any personal knowledge, but I heard that the Hunsaker office in San Diego had to lay off a major portion of their surveying and civil engineering personnel. This happened around last year.
surveyor
ParticipantHe seriously doesn’t know?
All the major civil engineering firms have been in the doldrums since the housing market started going down. Many firms have been laying off staff for the past two years.
The only civil engineering firms not suffering are the ones who have diversified into government contracts (usually the small ones).
I don’t have any personal knowledge, but I heard that the Hunsaker office in San Diego had to lay off a major portion of their surveying and civil engineering personnel. This happened around last year.
surveyor
ParticipantHe seriously doesn’t know?
All the major civil engineering firms have been in the doldrums since the housing market started going down. Many firms have been laying off staff for the past two years.
The only civil engineering firms not suffering are the ones who have diversified into government contracts (usually the small ones).
I don’t have any personal knowledge, but I heard that the Hunsaker office in San Diego had to lay off a major portion of their surveying and civil engineering personnel. This happened around last year.
surveyor
ParticipantHe seriously doesn’t know?
All the major civil engineering firms have been in the doldrums since the housing market started going down. Many firms have been laying off staff for the past two years.
The only civil engineering firms not suffering are the ones who have diversified into government contracts (usually the small ones).
I don’t have any personal knowledge, but I heard that the Hunsaker office in San Diego had to lay off a major portion of their surveying and civil engineering personnel. This happened around last year.
surveyor
Participant$200k gain
A 4% appreciation rate over 15 years can add up to about $200k, so I don’t think a $200k capital gain is totally unreasonable.
SD R, the property is Huntsville is doing pretty well so far. It’s still too early yet, we just closed on January.
surveyor
Participant$200k gain
A 4% appreciation rate over 15 years can add up to about $200k, so I don’t think a $200k capital gain is totally unreasonable.
SD R, the property is Huntsville is doing pretty well so far. It’s still too early yet, we just closed on January.
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