Comments on: The San Diego California Real Estate Great Depression http://www.brokerforyou.com/brokerforyou/the-san-diego-california-real-estate-great-depression.html San Diego real estate - San Diego real estate market 'Inside' views & opinion Tue, 23 Sep 2014 19:15:17 +0000 hourly 1 http://wordpress.org/?v=4.0 By: San Diego real estate blog » San Diego Real Estate Recovery in 2009? http://www.brokerforyou.com/brokerforyou/the-san-diego-california-real-estate-great-depression.html/comment-page-1#comment-71263 Mon, 12 Jan 2009 18:53:26 +0000 http://www.brokerforyou.com/brokerforyou/?p=460#comment-71263 [...] The San Diego California Real Estate Great Depression [...]

]]> By: Ft Lauderdale Bail Bonds http://www.brokerforyou.com/brokerforyou/the-san-diego-california-real-estate-great-depression.html/comment-page-1#comment-63959 Thu, 11 Sep 2008 18:56:36 +0000 http://www.brokerforyou.com/brokerforyou/?p=460#comment-63959 I remember in 2005 that it seems every month the paper reported that real estate sales were down by double digits though the values seem to be holding up. You would think an intelligent person would realize sales cannot drop by such a magnitude without values following. Ft Lauderdale bail bondsman

]]> By: Los Angeles Lawyers Group http://www.brokerforyou.com/brokerforyou/the-san-diego-california-real-estate-great-depression.html/comment-page-1#comment-63958 Thu, 11 Sep 2008 18:55:46 +0000 http://www.brokerforyou.com/brokerforyou/?p=460#comment-63958 The genesis of this meltdown is the outrageous decriminalization of usury by the United States Congress which allowed predatory lending at stratospheric interest rates, and the perversion of the Internal Revenue Code, rewarding layoffs of American workers, outsourcing of their jobs to the cheapest wog-land labor market, and the offshore relocation of fat-cat corporations with little or no tax liability. Home buyers are mostly what are known in the securities business as unsophisticated investors and when they have gotten sucked into adjustable rate mortgages just so they could get a tiny piece of the American Dream, little did they know that this most predictable of economic disasters would be laid mostly upon them. Congress is a club of millionaire whore lobbyists, run by big-money lobbyists. Example of how we’ve been screwed: the infamous Senate Bill 256, which forbids the discharge of medical and credit card debts, condemning its victims to a lifetime of fiscal misery. LA Lawyers Group

]]> By: San Diego Downtown Real Estate http://www.brokerforyou.com/brokerforyou/the-san-diego-california-real-estate-great-depression.html/comment-page-1#comment-63957 Thu, 11 Sep 2008 18:54:48 +0000 http://www.brokerforyou.com/brokerforyou/?p=460#comment-63957 When I saw how the housing prices were going up, up,up and most peoples’ salaries didn’t pay enough to afford them, I knew the market was going to crash three or four years ago. Some real estate dealers and owners were just so incredibly greedy. They ask for a sales price or rent not based on how much they really need to charge to recover their expenses and make a reasonable profit, but on getting the maximum money for themselves, without regard for the effect on society. San Diego Downtown Real Estate Agent

]]> By: San Francisco Attorneys http://www.brokerforyou.com/brokerforyou/the-san-diego-california-real-estate-great-depression.html/comment-page-1#comment-63956 Thu, 11 Sep 2008 18:53:42 +0000 http://www.brokerforyou.com/brokerforyou/?p=460#comment-63956 Owning a home is not the be all and end all. In fact, for a fair number of people renting is a much better choice. A house can be an albatross that is hard to dispose of. It certainly limits your mobility. The government is making a mistake trying to maximize home ownership with it’s easy money policies. San Francisco Criminal Attorney

]]> By: San Francisco Attorneys http://www.brokerforyou.com/brokerforyou/the-san-diego-california-real-estate-great-depression.html/comment-page-1#comment-63955 Thu, 11 Sep 2008 18:52:52 +0000 http://www.brokerforyou.com/brokerforyou/?p=460#comment-63955 If you had bought a house 8 yrs ago, it’ll be worth a lot more today than what you would have paid for despite the housing mess. IMO, you lost out by not buying in 2000. But if you couldn’t afford year 2000 prices, then that’s a different story… Bay Area Family Attorney Legal Rights Group

]]> By: San Diego Real Estate Agents http://www.brokerforyou.com/brokerforyou/the-san-diego-california-real-estate-great-depression.html/comment-page-1#comment-63954 Thu, 11 Sep 2008 18:52:07 +0000 http://www.brokerforyou.com/brokerforyou/?p=460#comment-63954 Home prices do not double in price on average every ten years. There is no evidence to support sucha statement. S&P case shiller home index which goes back to 1890 found that SFR price’s went up at the rate of inflation over time. If they do double in any short period its called a asset bubble and values return to medium as the bubble implodes. OFHEO also shows long term prices run with inflation and return to normal price levels rather then continuing to rise. In order for RE to double every 10 years average income would also need to rise with it, which if you hav’t noticed doesn’t happen and when it does as during the 70’s yield on bonds jump into the teen’s and the FED pushes up interest rates causing home prices to decline. San Diego Real Estate Investments

]]> By: www.buzzflash.net http://www.brokerforyou.com/brokerforyou/the-san-diego-california-real-estate-great-depression.html/comment-page-1#comment-63907 Wed, 10 Sep 2008 19:17:18 +0000 http://www.brokerforyou.com/brokerforyou/?p=460#comment-63907 San Diego Condo Prices Off 50%+ in Last Two Years…

In 11 out of 13 San Diego zip codes, condominium values have taken a huge dive in values just in the last year. Going back two years and some of these values are now off by over 50%….

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