patrick.net

SQT,

Part of the reason, a GOOD part of the reason I am so anti-bubble is that I definitely feel we had alot of neighbors "coat tailing" on our improvements. The upgrades/improvements we had done over a 10 year period involved a hell of lot more than putting up some flaky gazeebo project or koi pond eye candy. It seemed like all my neighbors were having the time of their lives, ATV's, 5th wheel campers etc. Most only did the absolute essentials and then only grudgingly, like when when you see someone painting on the last dry weekend in Oregon. Yet they will be beneficiaries all the same b/c now you have set the bar high and neighbors can play off of the potential of your success. I wanna see 'em tank!

Davis_renter,

I hear ya! Somehow saying liberal and collegetown seems redundant. Not..... that there's anything wrong with that! What I DO resent is the whole "captive population" scenario. We have that in Corvallis and Eugene right along with the outright persecution of college students. People, it's college, they're college kids, they're SUPPOSED to have fun!

New thread: Yield curve

I hear ya! Somehow saying liberal and collegetown seems redundant.

Yes, but some more more liberal than others. I bet UCSD is probably more conservative than UCB. :)

We have that in Corvallis and Eugene right along with the outright persecution of college students. People, it’s college, they’re college kids, they’re SUPPOSED to have fun!

In SLO Mr. Right and his band of facist monkeys shoot Poly students on sight. How dare those students even presume to have any fun, come on now, the boomers already took care of the drinking/drugs/sex games, get back to your hole and study.

either you were on the corporate when you visited Japan or you have a deep pocket, I cannot afford to eat 6 meals in Tokyo if I am to foot the bill. Each meal costs at least 20 bucks, 6 meals a day will get me on the foreclosure.com in no time.

Either that or you haven't been to Tokyo lately, I went last year, went out to dinner with friends in Shimokitazawa, there were 6 of us total, food until full and sake until drunk, total price around 100 US. It is more expensive in SF than Tokyo, think 10+ years of deflation while we've had 10+ years of inflation. Sat in a whiskey bar in Ikebukuro and drank till piss drunk, really good stuff, had 6 kinds of makers mark, total price after 7hrs of drinking? 120 bucks, go to a bar in SF and drink for 7hrs, better have your HELOC credit card on you, "I'll put this round on the house".

Actually, in Japan, if you stay away from crazy stuff (like O-toro, grade 12 Kobe beef, tiger fugu, etc) food is not expensive at all. Even abalone is affordable in Japan.

Roid is prime!

If you'll notice, the zillow zestimate hasn't been updated since Jan.28. (At least on my rented dwelling) So, the fact that it says the property has risen in price $7,000 in one week is old news. I want to see the current situation. Zillow has had the same facts on it for weeks now. Not only is their info not always correct...it's dated.

Zillow Zucks

APOCALYPSEFUCK is Shostakovich says

No one wants to hear a Reatltor® say anything.
A self-inflicted fatal gunshot after a full confession would be enjoyable, however.

I concur. There is nothing more lowdown than a Realtor scheming to get your down payment and get a contract signed. Of course you need financing to. Women are man traps to begin with. A Realtor puts on a sensual dress. Give you glimpses of her cleavage and pops you a beaver. Little do you realize your on your way to being in debt to some guy for the rest of your days. All because you went to a house showing.

APOCALYPSEFUCK is Shostakovich says

Of course.
But everyone knows that if you're in a room with a Realtor®, you're being inducted into a fraud.

Realtor is sad beaver. lol

LILLL says

I predict the Fed will try to make a soft landing by raising interest rates once or twice more and then lowering them a bit...just to confuse us and get the buyers buying again.

I don't want people to get hurt by a crash...but then again...if prices stay this high, I'm also priced out of the market...as will be my kids and most of my friends and their kids.

I think you are right on track there. Fed had a deflationary wind allowing them to keep the low rates to foster liquidity. But every student of the market knows that rates have to go up eventually.

Cash and stocks feel really good right now.

"It is not a purchase, it's an investment."
"This is a great location to raise a family."

I think their entire profession revolves around appealing to emotions of the buyers wife, oldest sales tactic in the book.