[The-Shoveler]

Kidd’s/Family?

Sell and Wait, Riskily unlikely to pay off as much may you think.

I would not do it unless you just have move out of Temecula.

I did it back in 2005 but I had a second house to move into that I bought in 2002, have upgraded since then.

I would add I did it knowing full well even as extreme as the housing bubble was, it could have turned out VERY different had the fed acted differently.

[The-Shoveler]

There are two great perils to the current Chinese gov.

1) The economy, (the current gov would be unlikely to survive a severe economic downturn), that is why they manage it so carefully.

2) The rural/urban divide (remember Mao).

Maybe we are improving/learning.

[The-Shoveler]

IMO even 2007-8 housing crash may have been very very different and may not have even occurred if the fed had handled the bailouts differently.

Australia has gone 27 years without a recession.

Maybe we are getting a little better at managing the economy too.

[The-Shoveler]

Risky IMO.

As long as the Fed keep rates reasonable I am not sure economic cycles apply.

We may not see another recession for a long time yet and if we do it is very unlikely we would see anything even close to what we saw last time with foreclosures etc…

2007-8 was an extreme outlier event IMO.

IMO inflation may outstrip your ability to save or keep up with supply/Demand price hikes.

But just my opinion

[The-Shoveler]

Did not the California HSR start about 10 years ago?

Maybe we don’t “NEED” a HSP.

Maybe we need more metro and freight trains.

[The-Shoveler]

[quote=FlyerInHi][quote=The-Shoveler]IMO the housing market is still alive and starting to shake off the cold weather.

Nothing to see here right now.[/quote]

Even is this were true, a young couple doesn’t need to over stretch to buy at a high.

Cyclical recessions (I’m talking cyclical recessions, not great recessions) always happen and price drops always happen. If one is young and one has the benefit of time, one is better off buying after a recession, not before.[/quote]

What happens if a recession is still 5 or more years off?

Very rarely does a recession cause a big enough housing price drop to make it worth waiting IMO.

The 2007-8 recession was an outlier event not likely to be repeated.

[The-Shoveler]

IMO the housing market is still alive and starting to shake off the cold weather.

Nothing to see here right now.

[The-Shoveler]

P(SFH_MM)= SQFT * [ PPSF_AVG_MM) * 1/e^(w-w0) * (liz/52) ]

LOL
How about roadrunner’s

meep meep

See a lot of them around my place.

[The-Shoveler]

Delete

[The-Shoveler]

For the time they are in Temecula

The Ranch 88 market on Ynez RD is a good sized Asian market, also has a decent restaurant, herb shop etc…

The Restaurant has Vietnamese and a variety of Asian food,

Kind of like Sam Woo it has a fast and a more formal dine in side.

[The-Shoveler]

IMO flu is right,

Show me a moderate Dem, then I think they can defeat Trump, keep throwing up extreme left candidates, Trump wins.

[The-Shoveler]

My Wife does not seem to have any problem finding people to speak Chinese with no matter where we go in SoCal, even TV.

There are several Vietnamese restaurants in TV as well as a good sized “mostly” Vietnamese super market.

[The-Shoveler]

LOL I don’t think the sky is falling,

But even former gov Brown said, only a reasonable pension should be guaranteed, I think leaving a door open for default and restructure.

[The-Shoveler]

I don’t want to get too far off RE topic in this thread but even the dedicated democrat Warren Buffett said he would never buy RE or open a biz in LA or San Francisco becuse of the unfunded pension liability.

[The-Shoveler]

Just make sure everywhere you have a suburb that has a new or existing freeway, it gets a rail line.

No “just the city” thing.

[Author]

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