GoFuckYourself.com - Adult Webmaster Forum - View Single Post - Obama's 'Cliff' Proposal: $1.6 Trillion in Tax Increases

Sly · 12-08-2012, 04:14 PM

Quote:

Originally Posted by Minte

What kind of neighborhood do you live in? There is no one on my 20 mile one way drive to work every day that had a foreclosure sign on their homes. No one that works for us..No one I know. Is it something in your water?

So basically the rest of the country should pony up more money because people in California can't live within their means?

I moved from the Midwest to California in 2001. This was when housing prices started going crazy. The numbers that we saw were just insane. Small little boxes selling for $300k+. Few days later, you would see that house off of the market. Sold. Five months later it was back on the market again. Fixed up a little bit, for $100k more. Was totally crazy. This was not happening in the Midwest.

In 2007, when things started going south really quick, I left California back to the Midwest again. Half of the houses on my street in California were for sale. People were moving out every other weekend. And nobody was moving in. Got back into the Midwest, everything was normal. I couldn't even find a house to buy, anything decent was not available. Minimal foreclosures, minimal For Sale signs. I stayed in the Midwest up until 2011 and I cannot think of one person that lost their home.