Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
I don't understand commercial real estate. Everywhere I go I see emtpy existing buildings; stores and office buildings. But at the same time they're putting up new buildings in the same areas like mad.
![[486]](https://data.irate4x4.com/avatars/m/0/94.jpg?1700178133){kind=avatar}
Mostly.
So on an $800k mortgage at 3.5% you're paying 3600/month. At 5.5% you're at 4500... Explain yourself!
This. Ca sucks and no one wants to live there. I was born and raised there and lived there for 32 years. If I never go back, it will be too soon. We bought our house in Missouri 2 years ago. 5 acres, 3200 SQ feet 4 bedroom 4 bathroom 2 car garage for $260k. Current value is around $340k.
So on an $800k mortgage at 3.5% you're paying 3600/month. At 5.5% you're at 4500... Explain yourself!
Nope. The political climate and raising my kids in California are 1000% the entire reason we moved out. It had nothing to do with money. If California wasn't such a political wasteland, we would probably still live there.. no gun rights, homeless tent cities everywhere, etc.. California is a shit hole, and it's only getting worse.
right.
the ONLY reason anybody EVER left Cali is $$$. It doesnt suck, its just expensive.
Here's a good explanation of what's going on in China now. As I said, very similar to Japan at the start of 1990's and here in 2007-2008.
You're absolutely wrong. We could have afforded to continue living in California, but the state has SO MANY asinine laws that restrict or downright fuck you out of your rights it was hateful to remain. The "life we wanted" was to have the government BUTT THE FUCK OUT of our lives where they don't belong.
It's obvious you have no idea where I lived. I loved the area I lived in, but the state as a whole is a joke.
. I'm not gonna argue with you, if you love California, good for you. In my opinion it's a political dumpster fire that isn't somewhere to raise a family.
My MIL is born and raised in Cali. Loves the state but hates the government. She is trying everything she can to move up to Washington, as fucked as our rules are it is the land of the free compared to California. People are leaving in droves. Good on those that want to stay and fight for their state and restore it back to its former self. Just dont be in denial about people leaving the state solely to escape the tyranny
No kidding. Wife is a broker and did a cursory on our place slightly S of Arlee...625k for a place we bought for 280k in 2010. We refinanced at 2.75 30 yr fixed a couple yrs ago...
They're still selling above appraised and moving steady in desirable neighborhoods and areas.
Down payment make a difference? How about the house you’re buying for $800k at 5.5%?So on an $800k mortgage at 3.5% you're paying 3600/month. At 5.5% you're at 4500... Explain yourself!
The ‘flop’ will only hurt those who pulled equity pout to buy those things. Some people can afford a $2,500 mortgage and a truck payment. Yes the new norm is people being able to afford things previously seen as ‘lavish’ and ‘overextended’.
Goddamnit
Dumbass. Sales tax will fuck everyone on this board mich harder than it will fuck the ivory tower liberal doctors and lawyers who live 10min from work and spend all their money on paying other people to do shit for them.
That's the point. They don't want to punish the rich. They want to make the middle class dependent on the .gov.
FIFY
That is just the scenario I am afraid of! What the fuck is a mother to do? Most of my stuff is in an IRA; Roth is out of the question as it wouldn't even touch 1% of what I have. I am hanging low for now; most of my junk is in equities and ETFs; drawing some hefty dividends for some fun stuff. I will soon be getting TAXED up the ass when I hit 70 in a couple of years. Fucking RMD's!
They don't care how well off people are or aren't other than as a means to control them. It's all about power and control.
Any money I stick in a 401k or IRA is subject to government, now or later. Every white collar professional has retirement funds in accounts like those. Those are HUGE amounts of money that are sloshing around the economy. Don't think the .gov won't come looking for it. They're already starting to normalize it with all the taxes on the "rich" where "rich" just means successful middle class people. They can take that money with the stroke of a pen.
Same here
All of em