Posted on 01/08/2005 8:18:52 PM PST by Citizen James
I hope California falls off into the ocean (even the Reagan Library and yes even Arnold) Im sick of hearing about California I wish theyd all just become part of the ocean floor!
I live in So Cal, and unless I won the lotto tonight, the only home I could buy is in another state . . . AZ is looking good.
That's for darn sure, it is the interest only mortgages that get people in. Wait what happens in three years when no one is there to pony up or get a million dollar place off of your hands.
Real Property Auctions through the US treasury are a fair example of national prices...check out the 2 costa mesa homes...
http://www.treas.gov/auctions/irs/real1.html
Bah. It was the Liberal government's "doing something" that made this mess in the first place with all their "environmental preservation" laws. These laws were, naturally, authored and passed after the limousine liberals took over various prime real estate areas across California. This crap lead only to a shortage of development and was further exacerbated by the ridiculous regulations that do nothing but kill business in this state.
Sadly, the governor won't do squat about any of this. He's too busy adding another $6 BILLION dollars to the state's debt by sponsoring abortion via embyronic stem cell "research."
Fancya$$ liberals wanting the 'rural' experience are responsible for that! LOL
I hope to be in the real estate business when all these homes crash...I'd like to pick up a crumb or two....when prices plumett.
New York is at greater risk of falling into the Atlantic than California is at risk of falling into the Pacific. Even in the event of a multiple-epicenter 10.0, California wouldn't fall into the Pacific; it'd just move closer to Anchorage, Alaska.
Found my UFO and hurriance magnet for $86,000. A little homely looking but okay ;-)
AZ is being rapidly overwhelmed by California Liberals. Enjoy it while it lasts...(and it won't be much longer).
Adios!
BUMP
The coast is great. The Santa Barbara people are moving to my part of Ventura since it's the most affordable place near SB. I keep thinking how big and fancy a place I could afford in Texas with the profits if I sold this house...then I see the ocean closeby and forget moving back.
Hey, aren't you from the city that sells broom closets for $100,000? :)
Down the street from my place is this condo for sale for ....
$1,400,000
Homeowners' Association Fee:$420
Approx Sq Ft: 1815
Condominium
2 Bedrooms
2 Bathrooms
It should come with a butler for that price!
and this one...
Perfect starter home (1250 approx sq. feet) 2 bedroom one bath - for $625K! Sold in 9 days!
Why yes :D
Meanwhile, houses are a dime a dozen down in South Carolina where my sister lives.
claptrap's post suggest a touch of the rabies or syphillitic dementia.
Then how come they're so easy to sell?
LOL. A home just sold not far from us for 625k. Nice area, nice home. It sold in two weeks, with a full price offer.
Left off a 0 there!
http://money.cnn.com/2003/10/15/news/economy/realestate_newyork/?cnn-yes
Why do people feel the need to buy those tiny places, CA or FL or NY?
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