[The-Shoveler]

There is a lot more worry on why we are NOT building enough homes, than there is on prices being too high.

That is where the pressure will be applied IMO (generating more home building) and how to get it going.

[The-Shoveler]

At the risk of jumping into the fray, I think it very unlikely lower end home prices will crash significantly (say more than 15-20%).

I also agree with flu, the pressure will be on making loans more available to the lower income/mid-income levels.

There is already a lot of talk on how they can do this.

High end I am not so sure but that seems unlikely to me to get hit much either.

Also if your looking to buy rental properties, YOUR part of the reason it is unlikely to fall much in price.

[The-Shoveler]

I was in Julian once,
I thought it would be a nice retirement town but it seemed a bit hard to get into and out of (no major hwy into or out of).
It seemed a very long drive.

[The-Shoveler]

Better yet get a gig at google and live at the facility.

That’s my Fantasy position LOL.

[The-Shoveler]

Actually you want the house across the street from the housing with CFD fee’s LOL.

You can find a small builder or older home next to new tract (that go to same schools, parks etc..).

They almost all use the same high school etc…

You can find them but it takes a bit of searching.

Easier to do in North County I think.

[The-Shoveler]

Like it or not USA car culture is what makes it one of the best places to live (and most efficient) if you can afford it.

[The-Shoveler]

Delete

[The-Shoveler]

1 Tacoma, WA
2 Miami, FL

Wow never would have expected it, these lists are very subjective IMO.

I have spent several weeks in both locals (well in the case of Miami, Fort Lauderdale) and they did not seem particularly stressful. In fact I was always kind of jealous of engineer colleagues who owned homes with boat launches on the intercoastal (they would tell me of their diving trips over the weekend when I came in on Mondays LOL).

In contrast I have run into some very uptight and in your face people in OC.

[The-Shoveler]

Seeing a lot of demand for Python these days, not sure on pay.

[The-Shoveler]

IMO Of course being in a best/better school is best/better if possible but from what I have seen, it’s a lot more about the student and the parent than the school or the teacher.

[The-Shoveler]

IMO CV is where good parents go to suffer for the sake of their kid’s.

But I truly don’t get this one, why not just buy a few weeks time share in Hawaii LOL.

[The-Shoveler]

The property tax system in the north east seems designed to push retirees to Florida LOL.

[The-Shoveler]

[quote=spdrun]bearishgurl — Because many buyers wouldn’t be able to afford the payments at 7-8%. They can make the 7% loans, but the principal amount will be lower.

Better to keep the loan on their books, paying something, than have to resort to the bureaucracy of a short sale or foreclosure.[/quote]

So we are on average going to be making the same (pay) amount 10-15 years. good lord people there will be wage inflation.

[The-Shoveler]

The Rates are so low right now that no one will want to refi out of their existing loan (unless they absolutely have too IMO).

I see this also affecting the average time between moves and maybe more people holding onto their primary as a rental if they do.

It is a once in a life time event IMO,

[The-Shoveler]

Once rates start to go up the time between refinancing could be maybe 15-20 years?

[Author]

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