Comments 1 - 3 of 3        Search these comments

1   Blue   2019 Nov 16, 11:42am  

....Moody’s Analytics chief economist Mark Zandi has suggested that the new $10,000 limit on the federal deduction for state and local taxes could be contributing to the slump, too.....

If CA Prop 13 entitlements/benefits can be limited at $10,000 per year, that will make a real difference.
2   Ceffer   2019 Nov 16, 12:22pm  

Surprising how many inheritors are cropping up. Guy behind us lived with his parents all his life, parents went into assisted living, now he has the house. Santa Cruz if full of inheritors as OldFucks croak off. Some cash in by selling and moving to less expensive areas. Another guy we talked with is inheriting. Our previous all owner hood is now about 25 percent rentals, as people move into easier living and keep old homes bought in 90's as rentals, or inheritors keep as rentals.

In Santa Cruz, the only young couples buying are clearly doing so with serious parental outpatient monies.

People across the street bought home as a Del Webb from a much larger home. It has dropped in value since they bought 6 mo. ago. The wave peaks, trembles, then falls as people become underwater and give up the homes to foreclosure in speculative wrath and spite as prices plunge further.

Middle and upper middle class people are really souring on California, even those who can afford it, because quality of life even for those who can afford it is deteriorating than from 10 years ago with crowding, traffic, gratuitous exponentially increasing taxes, fees, penalties etc. Sticky fingers and too much yuck. California is becoming icky across the board with its LibbyFuck mandated subversions and increasing lawlessness. Will it reach a head and bust? The stretch between the Columbia River and California border are becoming more attractive for life quality.

I am thinking about moving, too, and I have a about as cushy a scene as could be wanted. it is becoming too disgusting to deal with, and there is no perceivable trend toward better with California clearly headed for tax insanity and plunder for crappy infrastructure and absent meaningful government services.

Neighbors across the street moved to Bend. They watched over 5 and a half years as our area got worse in that period of time and bailed, and they had services up the yang yang.

Oh, things are still great in Beverly Hills and Pacific Heights, where all the Dem politicians live. No homeless or broken windows compassionate policies there.
3   just_passing_through   2019 Nov 16, 8:03pm  

My cousin married a loser who's parents have a house in SD. They are hoping to inherit. She's a (hard worker) and he's a failed banker who can't even do uber right so mostly sits on his ass since 2008.

I think she's screwed. I think her step-parents have a lot of debit and they won't get the house.

She should move back to Texas.

Please register to comment:

api   best comments   contact   latest images   memes   one year ago   random   suggestions