About JFP


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Registered Sep 02, 2012

JFP's most recent comments:

  • On Fri, 18 Sep 2015, 11:07am PDT in The 2015 housing market and my prediction for 2016, JFP said:

    marcus says

    Maybe the key could be a shift in locations of work. More people working from home, telecommuting, and offices and major work places locating away from big cities in places where land is cheap would allow a construction boom for apartment building to occur, away from big sities. Which would in turn eventually cause city markets to drop. The change is coming or maybe happening now, but possibly it happens too slow to see in real time.

    The problem right now with that strategy is that recruiting is too damn hard if you are in a field like tech. Outside the Bay Area, the talent pool is pretty thin.

  • On Sun, 23 Aug 2015, 3:17pm PDT in The 2015 housing market and my prediction for 2016, JFP said:

    The current market seems a little weaker in Palo Alto right now. Not so much the price, but the number of offers for each house is down.

  • On Mon, 3 Feb 2014, 2:57am PST in Can't believe prices have doubled in 2-3 years, JFP said:

    FunTime says

    An excellent illustration of the difference in approach to the issue. I would argue the other way. "Who can afford to base housing decisions on less than 30 year time horizons?" I didn't inherit any money, so compound growth over time is my only chance at having any. I'm not a bear. The math says that I'm better off renting in my situation. My situation is unusual, however, since I choose to live in San Francisco and we have such an usual cost of housing.

    If you think you know what is going to happen in 30 years in either your own life or housing, then you are seriously deluded. 30 years before now was 1984. How many people then, got even 1994 right? Never mind 2014.

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