2
0

Arizona no comeback


 invite response                
2009 Jun 25, 1:36pm   6,555 views  47 comments

by grefra   ➕follow (0)   💰tip   ignore  

Maybe time to leave Arizona. Everyone is talking about the 3rd wave of foreclosures and realtors guesstimate that the banks have 30,000 foreclosures in the Phoenix Valley that have not been released as they do not want to further destroy the housing market or erode their profits or have bigger losses.

We lease now after selling our house. Maybe time to pack it up and get out of dodge. The recovery may take a really, really long time.

Do not want to buy and have a house you cannot sell for any price.

Just found this web site. Great job Patrick.

#housing

« First        Comments 19 - 47 of 47        Search these comments

19   Misstrial   2009 Jul 2, 2:34am  

t/y elliemae for that link/post.
Confirms my suspicions, however local PC news sorta keeps this stuff out of common knowledge although message board posters on eastvalleytribune.com and azcentral.com will give their .02 cents.
Yes, TOB, nearly everyone in Cali loves Sheriff Joe.
Although I disagree with your AC views - having lived in PHX when even the locals thought it was hot (117 and 119 stretches in July cooling down to 95-97 degrees at night) - in my view, AC is a necessity although locals will recall the days prior to the Salt River Project in PHX when a swamp cooler was all that was needed.

20   Misstrial   2009 Jul 2, 3:39am  

TOB: I think the situation stems from folks who have indoor pets or parents with babies (babies and elderly have impaired abilities for their bodies to cool or warm up) - hence the 24/7 thing.
And in cold climates, having the heat on all the time.
Thanks for your post.

21   sfbubblebuyer   2009 Jul 2, 4:14am  

TOB, I don't care if you believe me or not because of it being teh internets. I was just letting you know that the person I trust to actually know which reports are crap and which aren't thinks that the population in AZ and in surrounding areas are getting fairly close to critical. I did so because you had said you'd never heard of a hydrologist corroborating the claims. My dad's retired (yes, in green valley, which isn't very green) hydrogeologist who thinks water will be an issue. He hasn't published anything about it, so I can't link you to an article of his, but he's got the experience with groundwater and keeps up with the current research. Take whatever sized pinch of salt you want with it. I know developers will pay for reports that say water isn't an issue, and I know the Sierra club will pay for reports that say it is.

And I'm not saying AZ is a terrible place to live or anything like that. I'm saying that water will have an impact going forward. I personally enjoy going to visit my folks and going for walks in the desert and drinking in the scenery. I personally don't think any place is 'best'. I've lived in Montana, California, Washington, Wisconsin, and Arizona, and I liked living in every place for different reasons and got annoyed at different things in each place. And almost universally what I don't like in every place is over-development, specifically badly planned development. That shows up everywhere.

22   EBGuy   2009 Jul 2, 4:27am  

Hey TOB, in your time off, you didn't happen to become a Relitter specializing in foreclosures in the beautiful Southwest ;-)

23   sfbubblebuyer   2009 Jul 2, 6:44am  

Go do your own research. ;)

24   sfbubblebuyer   2009 Jul 2, 7:01am  

No need to be a douchebag. Unless, of course, you are one. In which case, carry on!

25   sfbubblebuyer   2009 Jul 2, 7:16am  

As I said, carry on.

26   thenuttyneutron   2009 Jul 2, 12:45pm  

I have no dog in this fight, but I will throw this out there.

I do know that the water table in Tuscon has been dropping for years and I also know that you can't drink sand. I have not tried to drink sand and can't provide proof that you can't drink sand, but you are welcome to try it.

I live and work in NW Ohio just a few hundred feet from Lake Erie. Ohh and by the way, You can't have my water! I also work at a nuke plant and have read up on other facilities. Palo Verde in Arizona uses shit water for cooling water. It is a pretty good idea. Use the clean water to drink and then use the treated crap water to cool a power plant.

http://www.tucsonaz.gov/water/docs/groundwater.pdf

27   thenuttyneutron   2009 Jul 2, 12:52pm  

http://en.wikipedia.org/wiki/Palo_Verde_Nuclear_Generating_Station

I hate using Wiki as a source, but it looks pretty accurate.

"Instead, it uses treated sewage from several nearby municipalities to meet its cooling water needs, recycling 20 billion US gallons (76,000,000 m³) of wastewater each year. At the nuclear plant site, the wastewater is further treated and stored in an 80 acre (324,000 m²) reservoir for use in the plant's cooling towers"

It is in the desciption part of the page.

28   elliemae   2009 Jul 2, 2:56pm  

There's a beautiful book, Cadillac Desert, that I highly recommend.
http://www.enotes.com/cadillac-desert

Sure, there's supposedly a huge aquifer under much of the U.S. But we are incredibly egotistical in our approach to water utilization. In the desert, there is a scarcity of water yet we pump it out of the ground for our use. This leads to ground subsidence in many areas.
http://www.azwater.gov/DWR/Content/Find_by_Program/Hydrology/land-subsidence-in-arizona.htm

Another thing to take into consideration is the heat island effect http://eetd.lbl.gov/EA/Reports/41973/41973-3C.html
which further raises temperatures and humidity, making it necessary to pump more water from the aquifers and utilize the water from rivers and mountain ranges.

Unfortunately, we are (or were, during the bubble) magnifying both issues by endless building and changing deserts into housing developments. We can't live without water - and the more people who live in areas without water, the greater the chance that eventually we'll run out. Nope, I don't have a Ph.D. in Hydrogeology. But my ex did, and he taught me a little.

29   thenuttyneutron   2009 Jul 2, 3:19pm  

In the peak oil world that I think we are moving towards, water will become very expensive to move over a large distances. Lots of electricity is used just to move water. We will all have issues based on where we live. I did not post anything about Phoenix and water shortages. I just made the posting about Tucson and its water table. The only thing I said about Phoenix was the treated sewage going to cool a power plant.

I look at it this way. Land can only support a certain amount of people based on the use of its natural resources. You can stress anything to the point that things go bad.

Different areas have different challenges. I was born and raised in Texas and they also have water problems. Dallas has really pissed off some of the areas around it because they were expecting to have access to their water. I now live in an area where water is not a problem, but I need more energy to keep my living area habitable. It actually takes less energy to cool a home in the south than heating a home in the dead of winter in the north. It is all about the temperature difference. Cooling air 20 degrees is not as bad as heating air by 70 degrees. I have traded one problem for another, but I am ok with it because I am in the process of building an ICF home.

I do know my dad living in Dallas went through some water rationing last summer due to a drought. Some years are better than others.

30   alibee   2009 Jul 2, 4:00pm  

TOB, what the hell?! sfbubblebuyer didn't seem nearly as argumentative as you seem to think he did. I read here often and very rarely (aka never) comment, but Christ, you really have some issues.
What I got was this.
TOB says he hasn't seen hydrologists saying X.
SFBB says his dad is a retired hydrogeologist and actually DOES think X.
TOB says, "articles or GTFO."
SFBB says, again, it's his dad, not the internet, but you could do research if you wanted.
TOB freaks the fuck out.
Fun times here on patrick.net.

31   thenuttyneutron   2009 Jul 2, 4:15pm  

TOB, just thought about this. Having water may not be the problem. Having clean water is the problem for many people. Lake Erie used to be polluted. The dumbasses up here in Ohio once were able to set the Cuyahoga River on fire on several occasions. This major river flows into Lake Erie. Would you want to drink that shit after it caught fire? Salt water is no different. I do believe that water desalination powered by nuke power is the answer for most of us, but the country has no forward thinking. It is a shame really that most of us can't think past next week.

http://en.wikipedia.org/wiki/Cuyahoga_River

32   thenuttyneutron   2009 Jul 2, 4:19pm  

Aliee, I have to agree with TOB on his last post. A simple google search that took me 5 seconds got me info about the water table. It would not have been hard for SFBB to get this info. It is silly how reading a stupid thing at a Tucson museum a few years back stuck with me. That is how I knew they had a problem in Tuscon. I am not sure about the rest of AZ.

33   elliemae   2009 Jul 2, 11:39pm  

There's also the humidity in Phoenix, which is caused by the heat island effect and the water used outside. We're burning thru alot of water there.

34   knewbetter   2009 Jul 3, 10:18pm  

We really shouldn't be watering our lawns. If you don't eat it you shouldn't be watering it.

As far as the "pure water" idea most people before safe municipal water did get the runs and die from a fresh water stream, at least near a city or agricultural run off. That's why you either had milk, tea (boiled water), a well, or beer. Even after 100 years we've still got some of the best municipal water in the world.

35   knewbetter   2009 Jul 4, 4:40am  

If anybody needs water, it has just started raining for the 23 day in a row.

"one more day of rain and Sting is going to throw us a benefit concert!"

36   agtabby1492   2009 Jul 5, 7:39am  

I live in AZ and have bad news about the water: There is enough here for many tens of millions more to move here.

About 95% of the water goes to farming, golf etc. Simple economics the people who own water rights can sell them for much, much more to home-owners than to farmers. History in "the valley" is farmers sell out for big bucks to homeowners, and believe it or not homeowners use less wafer than farms they replaced.

I say "bad news" because it will get more crowded here.

Another plus is that house prices are returning near sane levels, though they still need to fall more. Affordable housing was always a plus here.

Biggest problem I see here is "cap and trade". Carbon limits will make electric bills go way up, and solar is much more expensive. I would think resale of 5000 sqft "mcmansions" could decrease even more.

Andrew
***

37   Misstrial   2009 Jul 6, 3:20am  

Not sure about a renaissance any time soon, I was in Scottsdale at the Fashion Park recently and even though there are all these really cute cafes nearby with misters gently spraying the cafe area with mist, there were no customers on the sidewalks or at the cafes not even at Sprinkles.
Went into Nordstroms and I was one of just a few (10 or so) customers on the first floor.
imo, the real estate downturn has really shaken out the bad fruit - i.e.: those that were living above their means by heloc money and refi'ed money. Now that they're gone, shopping is a breeze and I do not have problems getting anything in my size anymore.
AZ was hit hard by speculators, no doubt about that.
However, one big thing that is the bright spot and that is the employer sanctions against hiring illegals has been kicking in for about one year now and many illegals have left (Tucson, for sure). You can drive around AZ (both PHX and Tucson) and the numbers of Mexican Nationals have definitely gone down. Especially after Sheriff Joe came out and stated he has a posse of 7k+ persons to back him up. That was huge.
So the costs of dealing with Mexicans will go down, particularly in the medical care and education arenas which are also the most expensive.
Now Carlos Slim, the world's richest man and the richest person in Mexico, worth $59 Billion can extend a hand to his own countrypersons - no doubt one of the reasons why he's so rich is that he is part of the narrative in Mexico of ridding that country of its poor onto US.

38   Misstrial   2009 Jul 6, 6:04am  

Are you? Wow!!! Check out Phoenix City Grill - great menu esp the Pot Roast and the Bread Pudding made w/croissants!!! And Tutti Santi!! Have you been there lately? Awesome ravioli!

We agree about Scottsdale - a whole lot of $30k millionaires that are broke/foreclosed/bankrupt.

39   Misstrial   2009 Jul 6, 6:32am  

OK I will check out the Fair Trade Cafe next time I'm in PHX which should be in September. :)

We Californians can learn a big lesson from AZ: if you don't have the money the programs will have to go and that's it, it's really very simple. Ex: today I called the AZ MVD for paperwork to be sent and the number was disconnected - no problem - I just called the main number and a Level One Rep sent off the documents I need.

I don't know why the CA legislature needs to moan and groan over this budget crisis - its quite simple when you get past the lobbyists and special interests: just axe things! AZ has done this and its not any sort of 3rd World Country. I mean, certain Cali residents act like if programs are eliminated then Oh My God, the traffic signals will no longer work (!) and the lines down the center of the road will disappear (!)...good grief, AZ started cutting out programs and commissions 2 years ago and they will come out of this sooner people!

40   Misstrial   2009 Jul 6, 8:15am  

Yes, many people do not understand what is going on in the Cali legislature is the result of 2nd and 3rd generation anchor babies growing up and getting into elected office and who vote to continue State benefits to illegals/Mexican Nationals.

This sort of conduct is supported by the courts, particularly in Family Courts all over the State involving CPS and custody battles between illegals/green card holders. Many times the couple involved are not even married or got married in Mexico and had the child(ren) here and are going at each other with Fee Waivers so that Cali taxpayers are paying for this sort of thing.

Another thing we are paying for are the endless civil cases brought against illegals/green carders by Credit Bureaus. Construction Defect suits are another with many citizens having to sue for defective, shoddy (*Surprise* You get what you pay for!) contractor work by these people.

Did you know that illegals are able to collect Worker's Comp if they are injured on the job??? Yep and they do collect and go back to Mexico with their winnings!

The taxpayers of California are really getting screwed over royal. If there wern't all these problems associated with illegals/incarceration/education/labor&delivery/well-baby care/entire square miles of residential real estate in LA uninhabitable due to criminal gangs/CPS/roadside litter/trash/traffic accidents/insurance rates then WE COULD AFFORD STATE PROVIDED HEALTH CARE FOR CALIFORNIANS WHO ARE CITIZENS!

Please note the "trial" in my username - that's how I know.

41   justme   2009 Jul 7, 2:12am  

So THIS is where y'all have been hanging out. This thread has more name-recognition than anything else I've seen in a while.

42   justme   2009 Jul 10, 12:11am  

TOB, I scaled down a bit because it is work to keep track of all the active threads.

On the other hand, a more liberal (dare I say) thread policy does seem to have attracted many new faces.

I think Kevin versus Drfelle is a new version of Justme versus Peter P. Of course not exactly, but as a general idea :-)

I think I saw OO somewhere -- now what thread was that again ;-) ;-)

43   Patrick   2009 Jul 10, 3:38am  

Let me know (p@patrick.net) what would make it easier to keep track of all the active threads. They do pop to the top of the list when there are new comments. But I think I really need to improve the search function. Currently search doesn't even include comments or commenter! Sucks. Someone should do something about that. That someone is me...

44   justme   2009 Jul 10, 6:05am  

Patrick, What you just suggested about better search functionality would be very useful.

45   Patrick   2009 Jul 10, 6:06am  

OK, hopefully I'll get that done within the next week.

46   Patrick   2009 Jul 10, 8:20am  

Done. Well, outsourced to Google. But hey, search now actually searches whole pages including author name, comments, comment author name. I tried in wordpress, but it's totally post-centric. Just searches post text and it's gnarly to change it.

Anyway, now you can easily search whole pages. The main drawback being that it may take a few hours for Google to index the latest comments.

47   justme   2009 Jul 11, 12:24am  

That was quick, Patrick. Works well, too. I didn't realize Google was already crawling the threads of patrick.net. For some reason my experience had been that blogs or boards often had crawling blocked.

« First        Comments 19 - 47 of 47        Search these comments

Please register to comment:

api   best comments   contact   latest images   memes   one year ago   random   suggestions   gaiste