California homes sales crashing... so goes the nation

What’s my party?..

I think you are missing my point that people trashing every element of CA including people who live there are not engaging in intelligent discourse.

One person on this thread said I live in filth and defend filth. That’s just blind hatred based on reading relevant alt right websites.

a reply to: interupt42

originally posted by: Quetzalcoatl14

originally posted by: Arnie123

originally posted by: Quetzalcoatl14

originally posted by: interupt42

originally posted by: ketsuko
It's California. No one can afford to live there, so they are all leaving.

What are you talking about people cant afford to live there?


Its California liberal heaven where everyone is equal and more than willing to share their money with others. Those Californians are known to fight for the poor , minorities, women, and the homeless and not only do they have the loudest voices but the deepest pockets as well. Surely they will dig deep into their own pockets to help the poor people that can't afford housing. I'm sure they would be willing to downsize from ONE of their 20k sq foot mcMansions to a measly 10K sq ft home if it helps the needy. Heck they will likely even let them stay with them. Just look at how passionate they are about helping those that cant help themselves.

I love how you conservatIves give yourselves license to constantly put down everything about CA. It’s a bit offensive at some point, speaking as a Californian.

Might surprise you, but my conservative parents love it there. They have some issues with some policies, but generally vastly prefer it to the Midwest from whence they came.

Ah that explains it, you live in filth and naturally, would defend filth.

Cali burns, who cares, they brought it upon themselves.

I was in Cali recently, gross.

You don’t know ca. If you saw were I go, it’s gorgeous. More idiocy from low information people.

After walking through feces, I don't need to know any more, least of all, from an uneducated liberal trying to pull a Silly and spam the boards because you're emotionally compromised when somebody talks smack about your "disaster in the making" state.

All I can say, sucks for you, FACT 😄

originally posted by: Arnie123

originally posted by: Quetzalcoatl14

originally posted by: Arnie123

originally posted by: Quetzalcoatl14

originally posted by: interupt42

originally posted by: ketsuko
It's California. No one can afford to live there, so they are all leaving.

What are you talking about people cant afford to live there?


Its California liberal heaven where everyone is equal and more than willing to share their money with others. Those Californians are known to fight for the poor , minorities, women, and the homeless and not only do they have the loudest voices but the deepest pockets as well. Surely they will dig deep into their own pockets to help the poor people that can't afford housing. I'm sure they would be willing to downsize from ONE of their 20k sq foot mcMansions to a measly 10K sq ft home if it helps the needy. Heck they will likely even let them stay with them. Just look at how passionate they are about helping those that cant help themselves.

I love how you conservatIves give yourselves license to constantly put down everything about CA. It’s a bit offensive at some point, speaking as a Californian.

Might surprise you, but my conservative parents love it there. They have some issues with some policies, but generally vastly prefer it to the Midwest from whence they came.

Ah that explains it, you live in filth and naturally, would defend filth.

Cali burns, who cares, they brought it upon themselves.

I was in Cali recently, gross.

You don’t know ca. If you saw were I go, it’s gorgeous. More idiocy from low information people.

After walking through feces, I don't need to know any more, least of all, from an uneducated liberal trying to pull a Silly and spam the boards because you're emotionally compromised when somebody talks smack about your "disaster in the making" state.

All I can say, sucks for you, FACT 😄

Your personal anecdotes are not evidence of CA generally. Also, SF is not all of CA. Two logical fallacies in a row. No facts provided about CA as a whole, just foolish declarative generalities.

Goes to show who is uneducated here.

Spam is posting random abusive insults online.

Please sit at the kids table while the adults talk.

originally posted by: Quetzalcoatl14

originally posted by: Arnie123

originally posted by: Quetzalcoatl14

originally posted by: Arnie123

originally posted by: Quetzalcoatl14

originally posted by: interupt42

originally posted by: ketsuko
It's California. No one can afford to live there, so they are all leaving.

What are you talking about people cant afford to live there?


Its California liberal heaven where everyone is equal and more than willing to share their money with others. Those Californians are known to fight for the poor , minorities, women, and the homeless and not only do they have the loudest voices but the deepest pockets as well. Surely they will dig deep into their own pockets to help the poor people that can't afford housing. I'm sure they would be willing to downsize from ONE of their 20k sq foot mcMansions to a measly 10K sq ft home if it helps the needy. Heck they will likely even let them stay with them. Just look at how passionate they are about helping those that cant help themselves.

I love how you conservatIves give yourselves license to constantly put down everything about CA. It’s a bit offensive at some point, speaking as a Californian.

Might surprise you, but my conservative parents love it there. They have some issues with some policies, but generally vastly prefer it to the Midwest from whence they came.

Ah that explains it, you live in filth and naturally, would defend filth.

Cali burns, who cares, they brought it upon themselves.

I was in Cali recently, gross.

You don’t know ca. If you saw were I go, it’s gorgeous. More idiocy from low information people.

After walking through feces, I don't need to know any more, least of all, from an uneducated liberal trying to pull a Silly and spam the boards because you're emotionally compromised when somebody talks smack about your "disaster in the making" state.

All I can say, sucks for you, FACT 😄

Your personal anecdotes are not evidence of CA generally. Also, SF is not all of CA. Two logical fallacies in a row. No facts provided about CA as a whole, just foolish declarative generalities.

Goes to show who is uneducated here.

Spam is posting random abusive insults online.

Please sit at the kids table while the adults talk.

Adults? Bruh, you give children a run for their money when you cry and whine about your burning state, never have I seen an individual so triggered, but I got all day to trash your filth 😎

a reply to: Arnie123

You do know that california is not just LA, San Fran and other big cities.

There's plenty of rural areas that are absolutely beautiful.

This guy is not very informed and feels confortable engaging in ad hominem attacks.

Also as someone from the Bay Area it’s far nicer than many urban areas across the US. I live in the northeast now, and few of the major old cities from Baltimore to NYC are as nice, I spend time in all these cities. They are post industrial wastelands for the most part.

originally posted by: MisterSpock
Pretty sure it will just be California all on it's own crashing. The nation will sit by and watch, largely unaffected.

California housing is preposterous, 400 grand for what would be a hovel in most inner city neighborhoods. Large billion dollar corporate hqs literally surrounded by third world # covered streets.

This round is all California, it's going to be a solo act.

Maybe this crash will drain the swamp in California....Trump I am sure is grinning from ear to ear.

originally posted by: Quetzalcoatl14
False. It’s the biggest economy in the US. If it implodes it affects you.

It is was a sovereign nation, it’s economy would be in the top ten.
a reply to: chrismarco

Actually, as of 2018, California’s economy currently ranks among the top Five nations.

Since the Great Recession, California has actually risen in its ranking from eighth to fifth.

And, that has been under Democratic leadership.

I live about ten miles from the State capital, two hours from the ocean to the west, or two hours from the mountains to the east. I’m above the flood plan, and well out of both earthquake and wildfire zones.

I bought my home in 2012 and it has doubled in value over the last six years (based on sales of comparable homes in my neighborhood).

My mortgage, for a 3bd/2bath 1400sqft home is less than half what some are paying for a 2bd apartment.

My community is one of the most culturally diverse in the state (you should see the Asian/Latin/Eastern European mega-market just up the road; the food is amazing and sooo cheap!). That might distress some people, but I love it!

I live on a pension; there is no way I could even afford the rent some places are asking, but I am able to own my own home, in a nice and vibrant neighborhood/community, and live quite well,

All in California.

It’s all about choices. You want to live near the beach or in the Bay Area, which has been called “Paris of the West”, you’re going to pay for the privilege, a lot.

Choose wisely.

a reply to: Bhadhidar

I was at Edwards AFB for a couple months and loved the drive to the cost....desert, mountains, beach. I thought it was awesome Then I visited L.A. Jeezus. You are correct though, Cleveland is not indicative of all of Ohio.

So let's talk about a possible bubble.

In California and Seattle and a few other markets, I believe the major problem is inventory. There is no inventory and thus no new home sales.

In Vegas, they are building new homes and apartments and a pretty brisk pace, but the same problem no inventory or very little. Especially in Vegas with all the new construction of Raiders Stadium, minor league baseball stadium, Huge highway/Freeway/Exchange projects, Utility projects all over town etc, I don't see a possible bubble burst until 2020 when a lot of those projects are complete.

The only thing I see indicating a bubble is some bad home loans again, not a lot, but I'm seeing people with bad credit and bad income to debt ration being able to afford homes but I don't see it as a major trend like before the last recession.

My analysis. No bubble burst yet for at least a year and several years based on location. California/Seattle are bad examples or trend watches because the inventory is so low.

Thoughts?

You know what I've wondered about for a few years now, recently thought on again, after reading an article that Cesium-137 from Fukushima is showing up in California wine? Myself, I don't buy that any consumption of radioactive material is good, which bio-accumulates. But what of the radiation in the Pacific? In the water vapor coming off the Pacific? If people came to the realization their getting a snout full of Fukushima, just living on the Pacific, what would this do for real estate values? Maybe I'm paranoid, but I stopped buying tuna, am at least a person with an analytical, scientific background, who would, neither, buy real estate on the Pacific, with Fukushima being the gift that it's said will still be giving to the Pacific, for the next fifty years? And what are the chances the government will ever, as in when there are snowballs in hell, admit that, not only is the Pacific fishing industry screwed, that one day you'll be able to find your fish in the dark, but also those nice beach homes, from Malibu to Washington, even Alaska, are like little, individual cancer wards? Think that would do real estate proud? No, officially, we must remain in total denial, at some point point out that a little plutonium adds a nice crunchy character to sushi.

a reply to: Scrutinizing

Bro...way to thread drift LMAO

a reply to: Quetzalcoatl14

What’s my party?..

I don't know what your party affiliation is nor do I think it should matter .

I think you are missing my point that people trashing every element of CA including people who live there are not engaging in intelligent discourse.

Well , that wasn't what appears that you wrote originally. However, I don't think people are trashing every element of CA ,just the elitist attitude of the most vocal Californians throwing rocks in a glass house.

One person on this thread said I live in filth and defend filth. That’s just blind hatred based on reading relevant alt right websites.

Perhaps while you may not defend filth , you may be defending policies that promote filth? I don't know nor did I make that claim about you.

Note , I don't believe in any one political ideal being the answer to all problems , but I do believe the answer to our problems NOW in OUR REALITY is smaller gov't and less gov't interventions.

Its absolute insanity to expect giving more money and power to a group of politicians riddled with conflict of interest is going to solve OUR problems when they not only created the problems but are benefiting from it. Its like going to the MOB and expecting them to fix crime for you.

originally posted by: grey580
There's plenty of rural areas that are absolutely beautiful.

The mountains are still filled with gold, too. If you know where to look. (Hint: Eastern Sierras)

originally posted by: Blue Shift

originally posted by: grey580
There's plenty of rural areas that are absolutely beautiful.

The mountains are still filled with gold, too. If you know where to look. (Hint: Eastern Sierras)

Yeah I'm going rural next year hopefully. What's a good resource for finding where the gold is?

a reply to: Skywatcher2011

I resemble that remark! Sorry. Can't help it. Show me a box of Captain Crunch, and something like a giant Chinese submarine could come to mind. On the other hand, I wouldn't go as far as to say Captain Crunch is radioactive. To my knowledge.

a reply to: amazing

My assessment with Seattle is based in rumors with Amazon moving.

Unlikely at this point. However a sharp rise in housing inventory my indicate Amazon moving a large portion of its operations somewhere more affordable where they can expand more.

a reply to: Bhadhidar

And, that has been under Democratic leadership. 

You mean despite Democratic leadership?

a reply to: interupt42

Speaking of stones in glass houses, perhaps it's best to be wise and not mock a Blue state when the poorest & most government dependent states are Red states such as Mississippi, Louisiana, West Virginia, Kentucky, etc. You still want to complain about bad policies, then you might want to worry about the problems in your own party house first.

Except you referred to parties and my assumed party.

Also, you are thinking of yourself not the vitriolic people in this thread and elsewhere. I have no problem with you, but you still are being a bit biased or apologetic.

My saying there are good things about ca is fair. I also am well aware of the issues. For ex, I am starting to have concerns about the whole sanctuary and open border thing. But that’s an issue beyond ca, just as are the hyper sjw or identity politics issues.
a reply to: interupt42