| JG1
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Los Angeles, CA
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In United States
Registered Feb 27, 2010
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JG1's most recent comments:
- On 2 Nov 2012
in
Shiller: Housing Likely Has Bottomed, but Ample Worries Remain,
JG1 said:
Dan8267 says
And as for that b.s. about land scarcity, complete malarkey. There are so many vacant lots, buildings, and units in both commercial and residential zones where I live it's almost scary. I estimate that almost half of the available commercial square footage is not being used at all. I don't know the stats for residential, but I've seen so many abandoned homes and that's during snow-bird season.
A - Your area is not every area.
B - Just because land is vacant doesn't mean it is not being used for something by somebody.
C - Just because it's vacant doesn't mean it's available for sale and use by you. - On 2 Nov 2012
in
Shiller: Housing Likely Has Bottomed, but Ample Worries Remain,
JG1 said:
Goran_K says
Nothing against boomers, but when their generation passes away, I think we'll be all a bit better off.
Are you sure? have you seen Gen Y? - On 17 Oct 2012
in
Redfin says prices up 5% YoY,
JG1 said:
War says
The post some facts.
Are you in the construction biz?
Nope, I'm not in any business that could be considered housing, construction, real estate agent, etc. So I have no ax to grind. News articles and studies can be criticized and taken with a grain of salt, but to deny any news of housing stabilization or recovery just seems silly. If your theory is that prices still have a long way to go down from here, then perhaps you can explain why builder starts, prices, rents, etc., are all going against your long term predictions, at least in the short term, presently. But repeating that prices are falling when they are in fact rising is strange indeed.
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