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-   -   Housing Bubble? Only 11% of people in LA can afford a median-priced home. (https://gfy.com/showthread.php?t=566356)

wedouglas 01-21-2006 08:41 PM
Quote:
Originally Posted by Pornwolf
Fuck that, I'll take Baddog's 1 motorcycle, beautiful weather & beautiful women plus the pacific coast highway over a big house, cold weather and not much else.
well im not going to argue this. its opinion. imo overpriced isnt worth it.

Veterans Day 01-21-2006 08:54 PM
I will stay here in the midwest, live like a king for 400k, 4 seasons, love my snow. Theres no ocean, big fucking deal.

mb 01-21-2006 09:12 PM
[QUOTE=Pornwolf]I lived in both in LA and NY for 7 years until 2003. Kind of a work related bicoastal thing. LA is beautiful but the people in the business cetered areas suck. Hollywood, Beverly Hills, etc. If you are married and you don't go out much LA is a great place to live. It's relaxing but you have access to some of the best things the USA has to offer if you need it. But... if you are the type that likes to go out a lot, have a good time and enjoy the nightlife like I do the plasticity of the people wears on you. I am kind of fond of the coastal areas from Santa Monica to the Palisades though. Less attitude. Even Encino to Pasadena is OK in my book.

---


This is a gorgeous overview of the city from a true lover of it's virtues. Thank you for sharing this with me. Yes, I would definately like to spend more time in a city that I've only barely scratched the surface in. I would greatly enjoy a webmaster event in NYC... surely organizers are scared off by the price of throwing the event, the high cost of lodging, etc... but it's definately cheaper than Vegas during CES!!!

I luckily was able to feel this energy the VERY FIRST time I visited New York. It was 10 years ago during a business trip to Internet World tradeshow. A group of us went to this great Soul Food restaurant. It's not your ordinary soul food joint, it was a high-end one if you can believe it. I guess celebs frequent it. Anyway, we were sat down next to Denzel Washington. This was thrilling for a fella from the midwest! Half way through the delicious meal, Jesse Jackson walks in and sits down with Denzel. Not someone I would normally care to run into, but it was interesting to hear the two of them converse.

Anyhow, I thought this entire experience was interesting and I couldn't wait to tell my friends back home about my little "New York Moment". But, alas, the night was far from over!

So, we were walking back towards the hotel when we saw quite a bunch of commotion outside of Studio 54. Turns out that one of the studios was throwing a premiere party for Kundun, starring Harrison Ford. There was the whole red carpet thing with limos, etc... very hollywood. We stood next to the entrance and watched all the famous people enter the party. Val Kilmer, the Beastie Boys, Natasja Kinski, Scorsese, etc... So this chick that was with us started flirting with the door man. Eventually he hands her 3 tickets. We nearly shit ourselves anticipating what other celebs must be in there after the procession we just witnessed.

So we head in, immediately down 3 shots to cool our nerves and begin to look around. To make this brief, an hour later, my friend and I are in this little "chat circle" with Harrison Ford, his wife and some others trying to look like we belonged there. Then over comes Martin Scorsese, his punk son and the girl we were with. Scorsese was so proud that he had finally found the wife for his boy. He invited us to his table, we had a couple of drinks, talked about nothing interesting, and that was that. We left, Carla banged baby Scorsese and the night was history.

gotta love NY. But I still wouldn't want to live there!

marc

Sly 01-21-2006 09:12 PM
Peaches is correct.

I know many people that would never live in SoCal for a variety of reasons. No change of seasons is actually a pretty big reason, my dad can't stand that fact about San Diego so he would never live here.

Every location has pros and cons, and most people tend to sway towards the environment they grew up in and have memories of. Nothing wrong with that. In fact its pretty stupid to even argue about PERSONAL PREFERENCES.

Spider Ninja 01-21-2006 09:14 PM
Quote:
Originally Posted by phogirl69
NY is a place people dream of living. I would prefer LA tho, anything is better than the suburbs.
tiny tiny apartments, but then your livingroom is the whole city (and lots of bars)

santa monica beach is cool, though ;-)

Dagwolf 01-21-2006 09:15 PM
How much does it cost to live in a housing bubble, and is it anything like a geodisic dome? :1orglaugh

mb 01-21-2006 09:17 PM
Quote:
Originally Posted by arg
True in most of Michigan, either classic old mansions, or new McMansions (smaller yards but bigger rooms). People in hot housing markets can't believe what a million bucks buys here. But our economy is in decline. Ford, based in Dearborn, will file for bankruptcy, and however they come out of it, white collar staffing will be severely trimmed, leading to a glut of mansions on the market. They're already planning steep pre-bankruptcy white collar layoffs. Seems to me a recessionary housing market like Dearborn's will ultimately lower the quality of life indices. Cheaper homes, but poorer services supported by the lowered tax base, and weakened businesses supported by discretionary income.

Overall, Michigan is losing people while gaining houses. That doesn't bode well for most residential real estate investment. With certain exceptions, of course...but I don't think a Dearborn mansion is one of them.

It's quite sad to read the paper every day here in Detroit. The economy is so poor and the outlook so bleak. A lot of people that I know say the blue-collar union workers "had it coming to them" with all their union hand holding and rich benefits. But I feel bad for many people in that position. The fact is that many of the auto workers in this area are raised to think factory work is the only option in life. They are taught this from a very early age and most end up living the life. Many are given no other choice by their parents. Sort of like the strict military families.

When they are laid off, they don't really have anywhere to go. Most leave the state, but are mostly alone because their families all live here. It would be sad to be forced to leave everything you know in life and have the stress of having to start over somewhere foreign.

I hope this state begins to focus more on education so that kids can open their minds and explore the possibilities a bit more. That's the key to the future of Michigan.

marc

Spider Ninja 01-21-2006 09:25 PM
Quote:
Originally Posted by mb
It's quite sad to read the paper every day here in Detroit. The economy is so poor and the outlook so bleak. A lot of people that I know say the blue-collar union workers "had it coming to them" with all their union hand holding and rich benefits. But I feel bad for many people in that position. The fact is that many of the auto workers in this area are raised to think factory work is the only option in life. They are taught this from a very early age and most end up living the life. Many are given no other choice by their parents. Sort of like the strict military families.

When they are laid off, they don't really have anywhere to go. Most leave the state, but are mostly alone because their families all live here. It would be sad to be forced to leave everything you know in life and have the stress of having to start over somewhere foreign.

I hope this state begins to focus more on education so that kids can open their minds and explore the possibilities a bit more. That's the key to the future of Michigan.

marc
Michigan has a lot of cool stuff, and some good universities there. They should rebuild downtown Detroit though, and also do something about Flint.

OY 01-21-2006 11:11 PM
Bought a house a year ago at $900 per SQ feet in LA. Love LA. Not the price level though . . . . . oh well, you pay for what you get I guess.

Flip side - I moved away from THIS

http://cache.aftenposten.no/multimed...pg_359634g.jpg

Kind of miss it......

phogirl69 01-21-2006 11:16 PM
Quote:
Originally Posted by mb
You'll have to explain to me the attraction of living in NYC... it just seems like a damn nightmare if you ask me. No privacy, no calm, no quiet... why, why, why???

marc
Another thing i HATE about the suburbs is that I have to drive EVERYWHERE, even to go to the grocery store I have to drive 5 min, which is kind of far (for a drive), and no one walks here, the streets are so wide and so big, and no one walks except maybe really poor people, it's not really normal to walk on the street unless you live right by the beach or in beachy towns. In the big city people can just walk normally, cause everyone walks, I used to live in Amsterdam and everyone just walks or takes public transportation. Same thing in Paris, and NYC.

I would NEVER walk in the suburbs, it's just way too weird. Plus everything is spread out and far.

boner 2.0 01-21-2006 11:25 PM
fiddy housing bubble :glugglug

mikie898 01-21-2006 11:38 PM
Cycles
 
Real estate like stocks, etc. go in cycles. Look at recent history. Mid 80's to about 1988, real estate went up like crazy, then it dropped from 1989 to 1997. Then from 1998 to mid 2005 it kept going up. Looks like we hit the peak in the middle of 2005 and it has been going down ever since. The question is how long and how far down.

baddog 01-22-2006 12:16 AM
Quote:
Originally Posted by Gottis
He's moving to San Diego as said in this thread. Last time I checked that's in CA.

Missed that . . . you don't want to move here . . . nothing but earthquakes, fires, random shootings, gangs, mudslides, tsunamis

baddog 01-22-2006 12:18 AM
Quote:
Originally Posted by Pornwolf
Fuck that, I'll take Baddog's 1 motorcycle, beautiful weather & beautiful women plus the pacific coast highway over a big house, cold weather and not much else.
Well, truth be told I have 2 H-D's, 2 cars, and another H-D projected to be purchased in the next couple of months.

baddog 01-22-2006 12:22 AM
Quote:
Originally Posted by wedouglas
whats your point? I'm not making an "bubble bursting" comments.

and what kind of house do you live in? id rather have a winter, a big house, and 10 motorcycles than one shitty overpriced house and just 1 motorcycle.

I did not say you made a bubble bursting comment. The only part that was really addressed to you was:

"Yes, please do. Best idea I have heard yet. :thumbsup

Dearborn: 37°F Feels Like 29°F
My home: 61°F Feels Like 61°F"

So, can we see the picture of your 10 bikes?

Drake 01-22-2006 01:19 AM
It's getting like that everywhere. House prices are moving further out of reach. Can't see that trend continuing for longer than a couple of years, but I'm no expert.

mb 01-22-2006 06:56 AM
Quote:
Originally Posted by baddog
Missed that . . . you don't want to move here . . . nothing but earthquakes, fires, random shootings, gangs, mudslides, tsunamis

You don't want any others moving to your paradise or something? hehe, it couldn't be all that bad!

marc

XPorn 01-22-2006 08:17 AM
Quote:
I luckily was able to feel this energy the VERY FIRST time I visited New York. It was 10 years ago during a business trip to Internet World tradeshow. A group of us went to this great Soul Food restaurant. It's not your ordinary soul food joint, it was a high-end one if you can believe it. I guess celebs frequent it. Anyway, we were sat down next to Denzel Washington. This was thrilling for a fella from the midwest! Half way through the delicious meal, Jesse Jackson walks in and sits down with Denzel. Not someone I would normally care to run into, but it was interesting to hear the two of them converse.

Anyhow, I thought this entire experience was interesting and I couldn't wait to tell my friends back home about my little "New York Moment". But, alas, the night was far from over!

So, we were walking back towards the hotel when we saw quite a bunch of commotion outside of Studio 54. Turns out that one of the studios was throwing a premiere party for Kundun, starring Harrison Ford. There was the whole red carpet thing with limos, etc... very hollywood. We stood next to the entrance and watched all the famous people enter the party. Val Kilmer, the Beastie Boys, Natasja Kinski, Scorsese, etc... So this chick that was with us started flirting with the door man. Eventually he hands her 3 tickets. We nearly shit ourselves anticipating what other celebs must be in there after the procession we just witnessed.

So we head in, immediately down 3 shots to cool our nerves and begin to look around. To make this brief, an hour later, my friend and I are in this little "chat circle" with Harrison Ford, his wife and some others trying to look like we belonged there. Then over comes Martin Scorsese, his punk son and the girl we were with. Scorsese was so proud that he had finally found the wife for his boy. He invited us to his table, we had a couple of drinks, talked about nothing interesting, and that was that. We left, Carla banged baby Scorsese and the night was history.

gotta love NY. But I still wouldn't want to live there!

marc
That was a great night.....Harrison Ford was cool.....Mr.Denzel Washington...well thats another story...

XPorn

PS..don't forget to have my bedroom always on standby out there....

luv$ 01-22-2006 08:47 AM
Quote:
Originally Posted by Pornwolf
I lived in both in LA and NY for 7 years until 2003. Kind of a work related bicoastal thing. LA is beautiful but the people in the business cetered areas suck. Hollywood, Beverly Hills, etc. If you are married and you don't go out much LA is a great place to live. It's relaxing but you have access to some of the best things the USA has to offer if you need it. But... if you are the type that likes to go out a lot, have a good time and enjoy the nightlife like I do the plasticity of the people wears on you. I am kind of fond of the coastal areas from Santa Monica to the Palisades though. Less attitude. Even Encino to Pasadena is OK in my book.

---

New York isn't what people think it is. Sure, Manhattan is truly congested. But that's part of the charm. Millions of people packed in a small area all gunning to do the best they can on their chosen path. There's a lot of electricity in the air. You can feel it when you step off the plane. If you aren't scared by it you pick up on it because the energy is contagious.

Fine dining, bars restaurants attractions 24/7. Whatever your pleasure, it's in NY waiting for you. We have the best restaurants and a lot of them. ALL OVER. How can you beat that? Some towns are excited by having an Olive Garden, we have the restaurant that the owner of the Olive Garden eats in when he wants Italian!

But what I mean when I say NY isn't what people think it is when they look at the city is that the congestion stops at the water. You have beautiful residential neighborhoods so if you want to slow it down a bit when you go home you can. Less than 10 Miles out of the city you have homes with acres of space. 20 miles out you have ranches and farms. A friend of mine that works on 57th st just saw a Bear in his backyard at his ranch house in New Jersey 20 minutes outside the city!

New York can give you whatever you want. I prefer being in the city part of it but that may change in the future. When it does I don't have to leave town to get a little quiet, I can just go across the river and drive 10 minutes north south east or west. Hell, I can even get an Atlantic ocean beachfront view 10 minutes away from midtown manhattan.

Where I live now I have a view of the Hudson River looking in the direction of the Statue of Liberty.

http://mcoulterfineart.com/family/im...try_pk_adj.jpg

There's a beautiful park (Battery Park) close to me and a waterfront esplanade that stretches 5-9 miles.

http://www.downtownny.com/images/img..._Esplanade.jpg

I even have a marina in my backyard!

http://www.painetworks.com/photos/hy/hy1986.JPG

You'd never expect that would you? And guess what, I live basically right in the heart of Wall Street. When you think of Wall Street you think of a congested hustle and bustle filled New York City. But see, it's not what you thought it was right?

Even Brooklyn and the Bronx would shock you with all the beautiful park filled spaces and historical architecture they have. The Brooklyn bridge and the view from Brooklyn overlooking the NY skyline is something you have to see once before you die.

http://www.nationalgeographic.com/tr...1001nycity.jpg

If all of that didn't sell you on the appeal of NY hopefully one of these days we'll have another real webmaster gathering in NY. I'd love to show some of you folks the NY you don't hear about. I'd love to show you a good time and change your opinion.

Here's a site of one of the high rise developers in my neighborhood. Look at the site and it will give you an idea of the area and the housing.
That was a really great post man!

I have mixed feelings about NY, I know almost nothing about it, and I really want to visit and see it; but at the same time I am terrified of it. All that chaos and hoity-toity-ness going on. That energy you were talking about is a double-edged sword for me - if I can vibe on it it's good; but if it's too foreign and crazy I get overwhelmed.

Plus, I'm worried that it's not really a city you can take a vacation to on a budget lol

Either way, great read. It's nice to see an insider's POV for sure.

Peaches 01-22-2006 09:16 AM
Quote:
Originally Posted by luv$
That was a really great post man!

I have mixed feelings about NY, I know almost nothing about it, and I really want to visit and see it; but at the same time I am terrified of it. All that chaos and hoity-toity-ness going on. That energy you were talking about is a double-edged sword for me - if I can vibe on it it's good; but if it's too foreign and crazy I get overwhelmed.

Plus, I'm worried that it's not really a city you can take a vacation to on a budget lol

Either way, great read. It's nice to see an insider's POV for sure.
Go - you will love it! I am not a fan of crowds and even I love visiting there every once in awhile. Some of the food, theater, shopping and free entertainment (people watching) you can find :)

mb 01-22-2006 09:53 AM
Quote:
Originally Posted by XPorn
That was a great night.....Harrison Ford was cool.....Mr.Denzel Washington...well thats another story...

XPorn

PS..don't forget to have my bedroom always on standby out there....

haha, I was wondering when you would jump in here... did I miss anything? Still have the "Reserved for Scorsese" placeholder?

marc

baddog 01-22-2006 01:03 PM
Quote:
Originally Posted by mb
You don't want any others moving to your paradise or something? hehe, it couldn't be all that bad!

marc

it is worse actually. You will hate it here, I promise.

baddog 01-22-2006 01:05 PM
Quote:
Originally Posted by luv$
That was a really great post man!

I have mixed feelings about NY, I know almost nothing about it, and I really want to visit and see it; but at the same time I am terrified of it. All that chaos and hoity-toity-ness going on. That energy you were talking about is a double-edged sword for me - if I can vibe on it it's good; but if it's too foreign and crazy I get overwhelmed.

Plus, I'm worried that it's not really a city you can take a vacation to on a budget lol

Either way, great read. It's nice to see an insider's POV for sure.

My daughter got accepted to Columbia, so she took a short visit there to check it out. I guess she fell in love with the place and has returned with plans to go again.

Rui 01-22-2006 01:47 PM
Pornwolf - Great post man, almost makes me want to visit NY...you should work in a travel-agency! :2 cents:

latinasojourn 01-22-2006 04:07 PM
Quote:
Originally Posted by phogirl69
I like it fast-paced, it makes me feel more alive.

after living in SF for 20 years and commuting on the bayshore freeway, bay bridge, etc; i spent alot of those "fast-paced" years frustrated, sitting in traffic.

when i was young i did like the excitement of the city, but there is NOTHING more "convenient" about it, and the standard of urban living is lower, much lower.

big single family house with no neighbors and land is the way to go.

toddler 01-22-2006 04:30 PM
Quote:
Originally Posted by phogirl69
Another thing i HATE about the suburbs is that I have to drive EVERYWHERE, even to go to the grocery store I have to drive 5 min, which is kind of far (for a drive), and no one walks here, the streets are so wide and so big, and no one walks except maybe really poor people, it's not really normal to walk on the street unless you live right by the beach or in beachy towns. In the big city people can just walk normally, cause everyone walks, I used to live in Amsterdam and everyone just walks or takes public transportation. Same thing in Paris, and NYC.

I would NEVER walk in the suburbs, it's just way too weird. Plus everything is spread out and far.

you sure bitch alot.

toddler 01-22-2006 04:33 PM
FWIW, if anyone is looking for a condo in san diego, i'm selling my 3br 1.5 bath in May, 1260sq ft, $400k.

$5 submissions 01-22-2006 05:20 PM
Even if it does crash, it will be very localized.

mb 01-22-2006 08:11 PM
Quote:
Originally Posted by toddler
FWIW, if anyone is looking for a condo in san diego, i'm selling my 3br 1.5 bath in May, 1260sq ft, $400k.


Nice price for the square footage... where is it located?

slapass 01-22-2006 08:23 PM
Quote:
Originally Posted by phogirl69
Another thing i HATE about the suburbs is that I have to drive EVERYWHERE, even to go to the grocery store I have to drive 5 min, which is kind of far (for a drive), and no one walks here, the streets are so wide and so big, and no one walks except maybe really poor people, it's not really normal to walk on the street unless you live right by the beach or in beachy towns. In the big city people can just walk normally, cause everyone walks, I used to live in Amsterdam and everyone just walks or takes public transportation. Same thing in Paris, and NYC.

I would NEVER walk in the suburbs, it's just way too weird. Plus everything is spread out and far.
This is so true. I had a friend stop and ask what was wrong as I was on the street walking. In Rio, I walk everywhere. In the US nowhere. Any question as to why they are thin and americans are fat?


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