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Where would you invest in Northern California today with the highest return?
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2012 Aug 30, 10:13am 22,454 views 45 comments
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Well, dipshit, I've got some news for you.
Just who the fuck do you think ends up paying the tab for all those writedowns?
This is the same crap that got us into this situation in the first place and all it's gonna cause is more misery and financial ruin.
They will learn the hard way. It all comes back ten fold.
Half the people on this board think if you 'make money its wrong and you are a crook'.
I would say to these people: consider adopting capitalism.
No what half the people are against here is not making money they are against making money by hook "or by CROOK" as in causing society economic harm by making money anyway shape or form. Making money takes two routes. The routes being criticised here are those doing "whatever it takes and screwing whomever" just to make a BUCK ...that is both unethical and wrong. As when someone takes out major debt they cannot afford just to fuel their "I am rich" fantasies, when they know they cannot pay it off if their gamble hits the fan, and without responsibility or ethics knows damn well they plan to walk on that debt if all goes bust. I as a tax payer am paying for their shite.
So as regards your half-arse statement of
"Half the people on this board think if you 'make money its wrong and you are a crook'. I would say to these people: consider adopting capitalism."
I would say you are full of shite (ban me Patrick for insults I don't give a fuck because half of these people turn my stomach.)
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Hi folks,
For the past 9 months or so I've been hunting for real estate rentals in the Bay Area. I've primarily been looking in the Concord/Pittsburg/Bay-Point areas.
My criteria is less than $250K, near a BART Station, 3+ bedrooms. 9 months ago it seemed like there was more inventory and recently the prices have really been squeezed up discouraging me from continuing to look in these areas. As a result, I've started looking at other areas but could use some guidance.
I know the investment gurus typically don't like to share their secrets, but I'm wondering if anyone can recommend any areas in northern CA. I'm looking at this from two angles. The first is return from rent and the second is equity upside (ie: a house in Concord will appreciate faster than a house in the central valley for instance).
From this Redfin plot, it's indicating a market surge of ~16% in 2012 for Concord, CA.
#housing