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June 16, 2011 at 5:22 PM in reply to: It’s not all gloom and doom. “Silly” Valley values booming #704154June 16, 2011 at 5:22 PM in reply to: It’s not all gloom and doom. “Silly” Valley values booming #704249
The-Shoveler
ParticipantTechies I know who moved up there from L.A. area, don’t make much more than they were making in L.A. Their biggest complaint is lack of good beaches in NorCal, but I have not seen any move back either, interestingly the few I know who moved down to L.A. from NorCal did not move back up, even after losing tech Job’s down here.
Bottom line I guess is if you’re a beach bum it’s probably not for you.
June 16, 2011 at 5:22 PM in reply to: It’s not all gloom and doom. “Silly” Valley values booming #704837ParticipantTechies I know who moved up there from L.A. area, don’t make much more than they were making in L.A. Their biggest complaint is lack of good beaches in NorCal, but I have not seen any move back either, interestingly the few I know who moved down to L.A. from NorCal did not move back up, even after losing tech Job’s down here.
Bottom line I guess is if you’re a beach bum it’s probably not for you.
June 16, 2011 at 5:22 PM in reply to: It’s not all gloom and doom. “Silly” Valley values booming #704991ParticipantTechies I know who moved up there from L.A. area, don’t make much more than they were making in L.A. Their biggest complaint is lack of good beaches in NorCal, but I have not seen any move back either, interestingly the few I know who moved down to L.A. from NorCal did not move back up, even after losing tech Job’s down here.
Bottom line I guess is if you’re a beach bum it’s probably not for you.
June 16, 2011 at 5:22 PM in reply to: It’s not all gloom and doom. “Silly” Valley values booming #705351ParticipantTechies I know who moved up there from L.A. area, don’t make much more than they were making in L.A. Their biggest complaint is lack of good beaches in NorCal, but I have not seen any move back either, interestingly the few I know who moved down to L.A. from NorCal did not move back up, even after losing tech Job’s down here.
Bottom line I guess is if you’re a beach bum it’s probably not for you.
ParticipantMy two cents on what the bottom will look like this time,
(This time was totally different than last housing downturn, so to look at last downturn and compare it to this downturn is meaningless) This bubble was caused be finance (really it was a finance bubble), when the sub-prime died, the housing market died, the previous downturn was caused when the defense industry was downsized. ie… the people and Jobs are still here for the most part….
so with that in mind, I think it will look like housing prices declined by 20 to 30 % from peak prices, and people talking about there will be no end to the downturn for the next 5 to 10 years(the so called experts), no one will want think the real estate as an investment, and inflation will probably just starting to really take hold so much so that the Government will not even be able to hide it anymore.
Anyway just my two cents.
ParticipantMy two cents on what the bottom will look like this time,
(This time was totally different than last housing downturn, so to look at last downturn and compare it to this downturn is meaningless) This bubble was caused be finance (really it was a finance bubble), when the sub-prime died, the housing market died, the previous downturn was caused when the defense industry was downsized. ie… the people and Jobs are still here for the most part….
so with that in mind, I think it will look like housing prices declined by 20 to 30 % from peak prices, and people talking about there will be no end to the downturn for the next 5 to 10 years(the so called experts), no one will want think the real estate as an investment, and inflation will probably just starting to really take hold so much so that the Government will not even be able to hide it anymore.
Anyway just my two cents.
ParticipantMy two cents on what the bottom will look like this time,
(This time was totally different than last housing downturn, so to look at last downturn and compare it to this downturn is meaningless) This bubble was caused be finance (really it was a finance bubble), when the sub-prime died, the housing market died, the previous downturn was caused when the defense industry was downsized. ie… the people and Jobs are still here for the most part….
so with that in mind, I think it will look like housing prices declined by 20 to 30 % from peak prices, and people talking about there will be no end to the downturn for the next 5 to 10 years(the so called experts), no one will want think the real estate as an investment, and inflation will probably just starting to really take hold so much so that the Government will not even be able to hide it anymore.
Anyway just my two cents.
ParticipantMy two cents on what the bottom will look like this time,
(This time was totally different than last housing downturn, so to look at last downturn and compare it to this downturn is meaningless) This bubble was caused be finance (really it was a finance bubble), when the sub-prime died, the housing market died, the previous downturn was caused when the defense industry was downsized. ie… the people and Jobs are still here for the most part….
so with that in mind, I think it will look like housing prices declined by 20 to 30 % from peak prices, and people talking about there will be no end to the downturn for the next 5 to 10 years(the so called experts), no one will want think the real estate as an investment, and inflation will probably just starting to really take hold so much so that the Government will not even be able to hide it anymore.
Anyway just my two cents.
ParticipantMaybe these guy’s are from Canada,
The loonie is worth more than a dollar now, it was 64C to the dollar a few years ago.
ParticipantMaybe these guy’s are from Canada,
The loonie is worth more than a dollar now, it was 64C to the dollar a few years ago.
ParticipantMaybe these guy’s are from Canada,
The loonie is worth more than a dollar now, it was 64C to the dollar a few years ago.
ParticipantMaybe these guy’s are from Canada,
The loonie is worth more than a dollar now, it was 64C to the dollar a few years ago.
ParticipantSeems SD is not the only county with budget issues,
In L.A. City and County, they are near financial crises due to falling revenue from property taxes and fees etc…
This is getting more interesting every day.
ParticipantSeems SD is not the only county with budget issues,
In L.A. City and County, they are near financial crises due to falling revenue from property taxes and fees etc…
This is getting more interesting every day.
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