About B.A.C.A.H.

B.A.C.A.H.

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Registered Jul 11, 2007

Not following this blog anymore.

ciao.

B.A.C.A.H.'s most recent comments:

  • On Wed, 2 Sep 2015, 10:57am PDT in Ten Reasons It's A Terrible Time To Buy An Expensive House, B.A.C.A.H. said:

    Guaranteed our investment timing won't be perfect, so I am not guided by that.
    Instead always guided by other factors.

    Your kids' father could be gone in a New York minute, especially since life around here is so miserable. Then what?

    If you like your kids' school AND the middle and high schools they feed into, well, securing a residence safely within the enrollment area probably means a whole lot more than making the most savvy timed investment choice.

  • On Tue, 1 Sep 2015, 2:36pm PDT in Ten Reasons It's A Terrible Time To Buy An Expensive House, B.A.C.A.H. said:

    I dunno about house prices.
    To some extent, that's more a dynamic of the stampede of elites out of Communist China to communities they covet along the Left Coast.
    But about the employment situation, of course it's a Bubble. Social networking, etc companies gonna choke on their own selves. Silicon Valley people are not smarter or harder working than elsewhere; as we choke on our growth, the jobs will leave the region. We've seen it all before.

  • On Tue, 1 Sep 2015, 1:46pm PDT in Ten Reasons It's A Terrible Time To Buy An Expensive House, B.A.C.A.H. said:

    Sophieil, I understand.
    BTW I don't hate living here at all, it's my hometown, and nearly all my extended family and in laws live in the region.
    We anchored ourselves here for the same reason as you, to be near family.
    But I see how icky it is for my adult kids.
    It sounds like what you are interested in is your own personal "rent control", owning is the only way to do that, but even in that case some of the costs are not so much in your control.
    My spouse and I, and a lot of local kids like me, made renting work with adult roommates. It was the tradeoff we made. When we bought, it was always the backup plan too.
    About the frenzy, we've seen this "Sky is the limit" employment situation before.
    The Apple Orb is a harbinger of what's to come (Edifice Complex).

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