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urbanrealtor
ParticipantWell put Kewp.
Good post.
Participant[quote=cooprider]I can’t until this election is over.
Let’s face it. McCain and Obama are one and the same.
The bigger problem is the media, congress, and everyone in politics failing to give any third party an equal opprtunity to participate in the election.
We all know that no matter who wins, none of what was promised will happen, except probably higher taxes for everyone to pay for this giant mess we are in.[/quote]
Well our government is structured (written into the constitution) in a way that always strongly favors 2 factions. Changing that would need multiple amendments and you might really hate the result. Bear in mind our sluggish system never has the wacky excesses to the right or the left that most multiparty systems do. I think France and Germany are 2 countries whose institutional history would discourage multiparty dynamics in the US. Would you disagree? (that’s an actual question-I am curious)
Participant[quote=cooprider]I can’t until this election is over.
Let’s face it. McCain and Obama are one and the same.
The bigger problem is the media, congress, and everyone in politics failing to give any third party an equal opprtunity to participate in the election.
We all know that no matter who wins, none of what was promised will happen, except probably higher taxes for everyone to pay for this giant mess we are in.[/quote]
Well our government is structured (written into the constitution) in a way that always strongly favors 2 factions. Changing that would need multiple amendments and you might really hate the result. Bear in mind our sluggish system never has the wacky excesses to the right or the left that most multiparty systems do. I think France and Germany are 2 countries whose institutional history would discourage multiparty dynamics in the US. Would you disagree? (that’s an actual question-I am curious)
Participant[quote=cooprider]I can’t until this election is over.
Let’s face it. McCain and Obama are one and the same.
The bigger problem is the media, congress, and everyone in politics failing to give any third party an equal opprtunity to participate in the election.
We all know that no matter who wins, none of what was promised will happen, except probably higher taxes for everyone to pay for this giant mess we are in.[/quote]
Well our government is structured (written into the constitution) in a way that always strongly favors 2 factions. Changing that would need multiple amendments and you might really hate the result. Bear in mind our sluggish system never has the wacky excesses to the right or the left that most multiparty systems do. I think France and Germany are 2 countries whose institutional history would discourage multiparty dynamics in the US. Would you disagree? (that’s an actual question-I am curious)
Participant[quote=cooprider]I can’t until this election is over.
Let’s face it. McCain and Obama are one and the same.
The bigger problem is the media, congress, and everyone in politics failing to give any third party an equal opprtunity to participate in the election.
We all know that no matter who wins, none of what was promised will happen, except probably higher taxes for everyone to pay for this giant mess we are in.[/quote]
Well our government is structured (written into the constitution) in a way that always strongly favors 2 factions. Changing that would need multiple amendments and you might really hate the result. Bear in mind our sluggish system never has the wacky excesses to the right or the left that most multiparty systems do. I think France and Germany are 2 countries whose institutional history would discourage multiparty dynamics in the US. Would you disagree? (that’s an actual question-I am curious)
Participant[quote=cooprider]I can’t until this election is over.
Let’s face it. McCain and Obama are one and the same.
The bigger problem is the media, congress, and everyone in politics failing to give any third party an equal opprtunity to participate in the election.
We all know that no matter who wins, none of what was promised will happen, except probably higher taxes for everyone to pay for this giant mess we are in.[/quote]
Well our government is structured (written into the constitution) in a way that always strongly favors 2 factions. Changing that would need multiple amendments and you might really hate the result. Bear in mind our sluggish system never has the wacky excesses to the right or the left that most multiparty systems do. I think France and Germany are 2 countries whose institutional history would discourage multiparty dynamics in the US. Would you disagree? (that’s an actual question-I am curious)
Participantpatient renter has a point about economic downturn having a pretty profound impact on rents. However, I think that the problem with much of this conversation is that it is talking about markets that are hard to pin down. “San Diego County” functions to some extent like the “US” as a housing market. By that I mean that people do not say that they want to live in the county or the US, they say that they want to live in a particular neighborhood of a particular city. While this may be slightly less true in rents than in resale, the underlying logic still holds. Most people are not indifferent to the choice between La Jolla and Southeast. The article Nostradamus cited unfortunately does not go into enough detail about micro-markets.
As far as what we I am seeing in my business:
Most of the central SD area (downtown, Hillcrest, Northpark, Normal Heights, City HEights, South Park) appears to be rising in price but slowly. This is anecdotal so there may be stats that contraindicate but it seems pretty solid and widespread. I speculate that this may have something to do with higher demand for short commutes. Also, there has been a LOT of professional murmurings that Chula Vista’s high foreclosure rate is driving rents significantly higher (again anecdotal). This, if true, would be consonant with my wife’s (who is a teacher in Chula) description of noticeable increase in enrollment in her, predominantly rental, area. In other words people are staying in the general submarket but moving to more rental-heavy sections. I attended an REDC auction a few months ago. Every investor I met (which constituted most of people I met) were interested in acquiring rentals in Chula.What are other people seeing?
Participantpatient renter has a point about economic downturn having a pretty profound impact on rents. However, I think that the problem with much of this conversation is that it is talking about markets that are hard to pin down. “San Diego County” functions to some extent like the “US” as a housing market. By that I mean that people do not say that they want to live in the county or the US, they say that they want to live in a particular neighborhood of a particular city. While this may be slightly less true in rents than in resale, the underlying logic still holds. Most people are not indifferent to the choice between La Jolla and Southeast. The article Nostradamus cited unfortunately does not go into enough detail about micro-markets.
As far as what we I am seeing in my business:
Most of the central SD area (downtown, Hillcrest, Northpark, Normal Heights, City HEights, South Park) appears to be rising in price but slowly. This is anecdotal so there may be stats that contraindicate but it seems pretty solid and widespread. I speculate that this may have something to do with higher demand for short commutes. Also, there has been a LOT of professional murmurings that Chula Vista’s high foreclosure rate is driving rents significantly higher (again anecdotal). This, if true, would be consonant with my wife’s (who is a teacher in Chula) description of noticeable increase in enrollment in her, predominantly rental, area. In other words people are staying in the general submarket but moving to more rental-heavy sections. I attended an REDC auction a few months ago. Every investor I met (which constituted most of people I met) were interested in acquiring rentals in Chula.What are other people seeing?
Participantpatient renter has a point about economic downturn having a pretty profound impact on rents. However, I think that the problem with much of this conversation is that it is talking about markets that are hard to pin down. “San Diego County” functions to some extent like the “US” as a housing market. By that I mean that people do not say that they want to live in the county or the US, they say that they want to live in a particular neighborhood of a particular city. While this may be slightly less true in rents than in resale, the underlying logic still holds. Most people are not indifferent to the choice between La Jolla and Southeast. The article Nostradamus cited unfortunately does not go into enough detail about micro-markets.
As far as what we I am seeing in my business:
Most of the central SD area (downtown, Hillcrest, Northpark, Normal Heights, City HEights, South Park) appears to be rising in price but slowly. This is anecdotal so there may be stats that contraindicate but it seems pretty solid and widespread. I speculate that this may have something to do with higher demand for short commutes. Also, there has been a LOT of professional murmurings that Chula Vista’s high foreclosure rate is driving rents significantly higher (again anecdotal). This, if true, would be consonant with my wife’s (who is a teacher in Chula) description of noticeable increase in enrollment in her, predominantly rental, area. In other words people are staying in the general submarket but moving to more rental-heavy sections. I attended an REDC auction a few months ago. Every investor I met (which constituted most of people I met) were interested in acquiring rentals in Chula.What are other people seeing?
Participantpatient renter has a point about economic downturn having a pretty profound impact on rents. However, I think that the problem with much of this conversation is that it is talking about markets that are hard to pin down. “San Diego County” functions to some extent like the “US” as a housing market. By that I mean that people do not say that they want to live in the county or the US, they say that they want to live in a particular neighborhood of a particular city. While this may be slightly less true in rents than in resale, the underlying logic still holds. Most people are not indifferent to the choice between La Jolla and Southeast. The article Nostradamus cited unfortunately does not go into enough detail about micro-markets.
As far as what we I am seeing in my business:
Most of the central SD area (downtown, Hillcrest, Northpark, Normal Heights, City HEights, South Park) appears to be rising in price but slowly. This is anecdotal so there may be stats that contraindicate but it seems pretty solid and widespread. I speculate that this may have something to do with higher demand for short commutes. Also, there has been a LOT of professional murmurings that Chula Vista’s high foreclosure rate is driving rents significantly higher (again anecdotal). This, if true, would be consonant with my wife’s (who is a teacher in Chula) description of noticeable increase in enrollment in her, predominantly rental, area. In other words people are staying in the general submarket but moving to more rental-heavy sections. I attended an REDC auction a few months ago. Every investor I met (which constituted most of people I met) were interested in acquiring rentals in Chula.What are other people seeing?
Participantpatient renter has a point about economic downturn having a pretty profound impact on rents. However, I think that the problem with much of this conversation is that it is talking about markets that are hard to pin down. “San Diego County” functions to some extent like the “US” as a housing market. By that I mean that people do not say that they want to live in the county or the US, they say that they want to live in a particular neighborhood of a particular city. While this may be slightly less true in rents than in resale, the underlying logic still holds. Most people are not indifferent to the choice between La Jolla and Southeast. The article Nostradamus cited unfortunately does not go into enough detail about micro-markets.
As far as what we I am seeing in my business:
Most of the central SD area (downtown, Hillcrest, Northpark, Normal Heights, City HEights, South Park) appears to be rising in price but slowly. This is anecdotal so there may be stats that contraindicate but it seems pretty solid and widespread. I speculate that this may have something to do with higher demand for short commutes. Also, there has been a LOT of professional murmurings that Chula Vista’s high foreclosure rate is driving rents significantly higher (again anecdotal). This, if true, would be consonant with my wife’s (who is a teacher in Chula) description of noticeable increase in enrollment in her, predominantly rental, area. In other words people are staying in the general submarket but moving to more rental-heavy sections. I attended an REDC auction a few months ago. Every investor I met (which constituted most of people I met) were interested in acquiring rentals in Chula.What are other people seeing?
Participant[quote=meadandale]Too suburban?
It’s 10 minutes from downtown, the beach, mission valley shopping…
It’s certainly not North Park or Hillcrest but it’s not RB or CV either.
As for expensive…
A 2br/1ba recently went for $300k down the street from me. 3bd houses are going for $350-425k. Is that expensive? It’s cheaper than most of Claremont, La Mesa, North Park, Hillcrest, Kensington and Tierrasanta for what you get.
As for the pickups and flags….anyone who has a problem with a patriotic community that still has a large portion of original owners, many who fought in WWII….feel free to look elsewhere. We won’t miss you. 🙂
My neighbor is the original owner of his house: bought in 1954 for about $15k…
[/quote]
Yeah. I cant really vouch for the personal tastes of the clientele. I have sold some things I thought were horrific in horrific neighborhoods to clients who were eager and excited.
Your remarks on price are dead on. Its not like everything in every case makes it a better deal but there are a lot of really good numbers coming out of there.
Participant[quote=meadandale]Too suburban?
It’s 10 minutes from downtown, the beach, mission valley shopping…
It’s certainly not North Park or Hillcrest but it’s not RB or CV either.
As for expensive…
A 2br/1ba recently went for $300k down the street from me. 3bd houses are going for $350-425k. Is that expensive? It’s cheaper than most of Claremont, La Mesa, North Park, Hillcrest, Kensington and Tierrasanta for what you get.
As for the pickups and flags….anyone who has a problem with a patriotic community that still has a large portion of original owners, many who fought in WWII….feel free to look elsewhere. We won’t miss you. 🙂
My neighbor is the original owner of his house: bought in 1954 for about $15k…
[/quote]
Yeah. I cant really vouch for the personal tastes of the clientele. I have sold some things I thought were horrific in horrific neighborhoods to clients who were eager and excited.
Your remarks on price are dead on. Its not like everything in every case makes it a better deal but there are a lot of really good numbers coming out of there.
Participant[quote=meadandale]Too suburban?
It’s 10 minutes from downtown, the beach, mission valley shopping…
It’s certainly not North Park or Hillcrest but it’s not RB or CV either.
As for expensive…
A 2br/1ba recently went for $300k down the street from me. 3bd houses are going for $350-425k. Is that expensive? It’s cheaper than most of Claremont, La Mesa, North Park, Hillcrest, Kensington and Tierrasanta for what you get.
As for the pickups and flags….anyone who has a problem with a patriotic community that still has a large portion of original owners, many who fought in WWII….feel free to look elsewhere. We won’t miss you. 🙂
My neighbor is the original owner of his house: bought in 1954 for about $15k…
[/quote]
Yeah. I cant really vouch for the personal tastes of the clientele. I have sold some things I thought were horrific in horrific neighborhoods to clients who were eager and excited.
Your remarks on price are dead on. Its not like everything in every case makes it a better deal but there are a lot of really good numbers coming out of there.
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