real estate market in the bay area

[eatshitndie]

http://www.mercurynews.com/ci_22930687/bay-areas-average-homebuyers-shut-out-by-cash

that sums up everything...

if you cannot pay upfront with all-cash bids 30% beyond asking, don't try.

 

[eatshitndie]

huat ahhh! usd1.995m asking sold for usd3.4m in pacific heights...

http://blog.sfgate.com/ontheblock/2...hts-property-sells-70-over-asking/#23267101=0

 

[eatshitndie]

hard to beat this! 4444 square-foot of luxurious living in l.a. county with white marble walls, statues, roman-style interiors, swimming pool, hilltop estate, with excellent view of sunset..... :p

http://curbed.com/archives/2014/09/29/1980s-house-on-the-market-950-avonoak-terrace-glendale.php

 

[eatshitndie]

not bad in an obiang way, i must say......:p

 

[eatshitndie]

very awesomely caesarian and romanesque....:p

 

[eatshitndie]

veni vidi vici!

 

[eatshitndie]

Re: real estate market in california

a hilltop property to die for....better than jumping into bedok reservoir or sentosa cove or straits of johor...:p

 

[eatshitndie]

Re: real estate market in california

omg! beautiful tuscany estate in ross, california for usd11.95m!

 

[eatshitndie]

Re: real estate market in california

the san jose metropolitan area is now the wealthiest city in the u.s. based on median household income and compensation.....sf is 4th.

http://finance.yahoo.com/news/america-richest-cities-152241126.html

 

[eatshitndie]

Re: real estate market in california

single mom rents garage to live in with baby girl for us$1000 a month in silicon valley. she may need more room soon. she's pregnant with a boy.

https://homes.yahoo.com/photos/photos-single-mom-s-1-000-a-month-garage-home-1425571944-slideshow/

 

[eatshitndie]

Re: real estate market in california

haut ah! ugly and small palo alto fixer upper home next to train tracks sold for us$1.6m. and that was around this time last year.

http://sanfrancisco.cbslocal.com/20...lion-despite-cracked-foundation-nearby-train/

 

[winnipegjets]

http://www.mercurynews.com/ci_22930687/bay-areas-average-homebuyers-shut-out-by-cash

that sums up everything...

if you cannot pay upfront with all-cash bids 30% beyond asking, don't try.

The real estate bubble is going to burst all over the world and lots of people will be poorer. That is a certainty ...the question is when.
I am not a gambler, so I will sit tight with my money to engage in scalping.

 

[winnipegjets]

With water problem over there, why would people want to move there?

 

[eatshitndie]

The real estate bubble is going to burst all over the world and lots of people will be poorer. That is a certainty ...the question is when.
I am not a gambler, so I will sit tight with my money to engage in scalping.

the prudent, patient and prepared will always have a war chest ready. it's like waiting for your enemy to foul up, faint and falter, then send in the reserve cavalry. :p

 

[eatshitndie]

With water problem over there, why would people want to move there?

high-paying jobs, jobs, jobs. quick-funding vc's, vc's, vc's. fast-pacing innovation, innovation, innovation. high-rewarding new gold rush, rush, rush.

 

[eatshitndie]

http://sanfrancisco.cbslocal.com/20...six-figures-priced-mountain-view-google-nasa/

6-figure salaried tech workers priced out of rental market in mountain view. rent for townhomes is going up from us$2800 to $4000 for a 3-bedroom.

 

[winnipegjets]

The Big One will make many broke when it comes.

 

[eatshitndie]

The Big One will make many broke when it comes.

that's the opportunity to double down when property value tanks and holdout until next recovery, which is typically stronger than the last recovery, in about 5 years. and after a while like in tsunamis, people forget. i've seen it before. chance favors the prepared mind.

 

[eatshitndie]

the rental market on the peninsula is so hot that you can now rent a tent in someone's backyard for us$899 per month!

http://sf.curbed.com/archives/2015/..._everything_thats_wrong_with_the_bay_area.php

 

[neddy]

I love capitalism.
My biz partner conned a Singapore investor not too long ago in a cheap cheap Aussie dollar deal.
There are 8000 properties looking for tenants and he just added himself to the list.
Of course, apartments look luxurious here compared to shit flats being built in Chinapore. We use skilled tradies and they would rather use quality stuff or risk returning to fix problems free during the first 6 months.

the rental market on the peninsula is so hot that you can now rent a tent in someone's backyard for us$899 per month!

http://sf.curbed.com/archives/2015/..._everything_thats_wrong_with_the_bay_area.php