About E-man


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34 threads
Portland, OR
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In United States
Registered Nov 09, 2009

E-man's most recent comments:

  • On 17 Apr 2014 in The Housing Recovery That Never Was is Over, E-man said:

    smaulgld says

    And foreign buyers and investors have scaled back their purchases

    They were the most capable of paying the higher prices

    The first time home buyer cant

    When the FTHB can, it's time to unload real estate. That would be next year and the year after.

  • On 17 Apr 2014 in LA prices soar, sales plument, E-man said:

    iwog says

    If Hillary wins, she will be unable to stop what's coming and will probably be blamed with the help of the right wing media. That would be the wost case scenario although unfortunately the most likely.

    You just proved my point. The market will do what it will do. The politicians are just puppets. All of us are going along for the ride. Just be sure to get off the train before the crash.

    If history is any indication, we will enter recession in 2017. So the time to get off the train is summer 2016 although I don't mind getting off the train a little early, which is summer 2015. Rather be safe than sorry.

  • On 17 Apr 2014 in Property taxes going up in CA, E-man said:

    RentingForHalfTheCost says

    E-man says

    That's fine. Just raise your tenant's rent by $50/month. That should cover the property tax increase. Use the rest of the money and take your kids to buy some toys and yogurt. Problem solved.

    Except for the 2 months of vacancy when the tenant moves down the road for cheaper rent. You can recover the lose in about 4 years, so no worries.

    2 months of vacancy in the Bay Area huh? Wait until your landlord decides to give you a 30- or 60-day notice. We'll see if you can find a cheaper place.

    The landlords are the ones holding the iron grip now, not the renters. The rental market is almost as tight as the dotcom years. Have fun living in your dream world.

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