Housing Bubble? Only 11% of people in LA can afford a median-priced home. - Page 2 - GoFuckYourself.com

boner 2.0 · 01-21-2006, 11:25 PM

fiddy housing bubble

mikie898 · 01-21-2006, 11:38 PM

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.

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.

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

I even have a marina in my backyard!

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.

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!

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?

01-21-2006, 11:25 PM	#51
boner 2.0 Too lazy to set a custom title Join Date: Jul 2004 Posts: 10,970	fiddy housing bubble __________________

01-21-2006, 11:38 PM	#52
mikie898 Registered User Join Date: Jan 2006 Posts: 3	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.

01-22-2006, 04:33 PM	#67
toddler Confirmed User Join Date: Jun 2002 Location: austin, tx Posts: 1,911	FWIW, if anyone is looking for a condo in san diego, i'm selling my 3br 1.5 bath in May, 1260sq ft, $400k. __________________ http://www.flickr.com/photos/zoddler/

01-22-2006, 05:20 PM	#68
$5 submissions I help you SUCCEED Industry Role: Join Date: Nov 2003 Location: The Pearl of the Orient Seas Posts: 32,195	Even if it does crash, it will be very localized. __________________ Need a NON-ADULT income stream? We build your YOUTUBE CHANNEL for only $20 per video! For Hire: $3/hour or $400 per month Marketing Specialist Virtual Assistants

01-22-2006, 01:19 AM	#56
Drake Hello world! Industry Role: Join Date: Mar 2003 Posts: 12,508	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.

01-22-2006, 01:47 PM	#64
Rui web Join Date: Dec 2001 Location: On icq: 85-483-060 Posts: 9,533	Pornwolf - Great post man, almost makes me want to visit NY...you should work in a travel-agency!