[UCGal]

The vivaracho one appears to be a corporate move/buyout.

The property tax records include 3 parties – including “PRUDENTIAL RELOCATION INC”

I can see a corporation buying a house of an employee they want to relocate – then taking the hit. It happens for execs. (Not so much at the worker bee level.) For some – it’s the only way to get an employee to move, if they’re underwater.

The cartulina one appears to be an estate type thing looking at the property tax records.

No conspiracy here that I see.

This isn’t rocket science – get the APN # from Redfin and plug it into the county property tax website.
https://www.sdctreastax.com/ebpp3/(5x2gtq45rtl4ecm3cthnrx55)/Start.Aspx

[UCGal]

[quote=sdrealtor]I dont agree. It screams there is a price to pay to live in a new house in prime area of SD. Personally my MR goes toward improvements to the San Dieguito schools. I think thats a good investment and I am happy to pay the $800 every year. I donate more than that to other charities every year any way. To me this is a tax deductible (at least for now) contribution I make. Unlike the things I give to charities which make me feel good, I actually get some benefit from this.[/quote]
How is paying interest on a long term loan (Mello Roos) beneficial to your community.
Doesn’t paying it off give that same fund the $$ now – so they can make improvements now? And save you the interest payments over the years.

If your goal is stay in the home long term, I see a lot of argument for paying off the MR early and saving the interest payments. Even if it doesn’t translate to an appreciation. It does translate to lower carrying cost for the years you’re there… and that has value.

[UCGal]

It varies radically by destination.

[UCGal]

Markmax –
If you had to guess – how many delegates do you think Paul will end up with?

[UCGal]

Yes you can have chickens and goats.
Even within city limits of San Diego.
I’m trying to talk the hubster into backyard chickens but he’s pushing back.
We have neighbors with chickens.

Edited to add this link:
http://www.kpbs.org/news/2012/feb/01/san-diego-city-council-approves-backyard-chickens-/

The chickens have been legal for a while in San Diego. I first started considering it (lobbying for it) a few years ago.

edited to add specifics of the laws link.
http://media.nbcbayarea.com/documents/SDchickensgoatsbees.pdf

[UCGal]

Congratulations Oni.

FWIW – owner builder seems to be the way to go. We’ll never hire another GC again. (Unfortunately, because we had hillside development issues that triggered CAL-OSHA stuff – we were forced by the city to use a GC).

I wish you all the best in the remodel/restructure.

[UCGal]

Good piece of data.

[UCGal]

On the topic of fertility levels in the 30’s.
My dad was born in 31, my aunt in 36. Because of the economy my grandparents lived apart for many of these years. My grandfather got the only job he could get – auditing the public works projects fro the government… so he was on the road – mostly out west. My grandmother moved to her parents town (PA) and saw him maybe 2 times a year.

I have my grandmother’s diaries from this timeframe. Very enlightening.

My grandmother had a pregnancy scare after one of the visits. This was after my dad was born, before my aunt was born. Lets just say she considered all options (at least emotionally, as written in her diary). Fortunately, it turned out to be a false alarm. They could *not* afford a second child.

The depression definitely impacted fertility – if couples are apart due to work (or lack thereof) it’s harder to make babies.

[UCGal]

[quote=Ren]I sometimes imagine living in a 2 bedroom, 1,000sf house near the beach in retirement, but that’s as small as I’d go. I couldn’t and wouldn’t live on $7k. Besides the inability to drive, protein is expensive, and I would shrivel up and float away without large amounts of it.

Maybe $20k if it was just the wife and I.

I don’t think it’s even necessary to live on $7k, though. A single paid-for income property (in addition to your primary residence) will provide you with two or three times that. If my income is actually limited to $7k in retirement, you all have permission to shoot me.[/quote]

The blogger has $7k per person… He and his wife spend $14k.

So your 20k isn’t that much above that.

[UCGal]

Another blog that’s along the same lines but with a slightly less extreme lifestyle
http://www.bravenewlife.com/

[UCGal]

Healthcare is definitely the toughest budget item to predict.
That and college expenses.

I’ve been lurking a lot on http://www.early-retirement.org/forums/ – lots of good advice over there… but it seems like many of the regulars are retired military, so they have pension and medical insurance covered.

They also have a calculator that let’s you “what-if” different scenarios, and runs Monte Carlo simulations to see if you’ll run out of money.

For my dreams of retirement I know it works better for me to have the mortgage paid off. We’re also putting money into the house now so we won’t have to later… in anticipation.

[UCGal]

Interesting lifestyle. He’s made some choices that totally would work for me (cooking from staples, growing veggies, using things till they are done, buying high quality to start with) and other choices that wouldn’t work for me…. (RV living)

I’m obsessed with retiring early…. and it definitely involves living well below my means now, and in retirement…. That seems to be the key.

[UCGal]

I’ve also heard both Eric Cantor and Paul Ryan mentioned.

[UCGal]

[quote=Hobie]C-mon. Where else can you pay a buck and buy several days of dreaming? Cheaper than drinking 😉
[/quote]

Also some math… Buying 1 ticket improves your odds infinitly. From zero to great than zero.
Buying the 2nd ticket is a suckers bet… but that first ticket gets you in the game.

[UCGal]

[quote=bearishgurl][quote=FormerSanDiegan]…If you completely ignore shadow inventory and simply look at prices, inventory and fundamentals I think you are better off.[/quote]

I think we’re all trying to do this, FSD, but the drag of “shadow inventory” (that shouldn’t even be there at this late date) is insidiously artificially undervaluing many markets by trickling out below market short-sale closings. It is THESE closings that are ruining the comps for those homeowners who “played by the rules.” [/quote]

I have a problem with saying that shadow inventory is artificially undervaluing the market. It’s PART (a large part) of the market. These same homes (many of them) were “artificially” inflating the market when they were purchased or refi’d during the boom years.

You can argue that the market is being manipulated by banks holding onto REOs or the various government interventions. And REO’s not on the market are part of most people’s definitions of shadow inventory. But you mention below market short sales… listing that are below market get bid up to market value.

But actual listings, actual short sales, actual REO sales… those are not artificial – they are real. Closing prices ARE the market. Regardless of whether it was a short sale or an organic sale.

Next you’ll be saying that an owner that needs to sell quickly because of a job relo is artificially undervaluing the market.

[Author]

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