Author
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Topic: California housing prices
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Blue92
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Member # 8789
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posted
Quick rant.
Rent and sale prices are fucking stupid right now. I have been looking for either renting or buying for the last few months and this is just ridiculous.
/rant
Posts: 2906 | Registered: Dec 2008
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Infamous5.0
CAFords OG
Member # 1745
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posted
wrong time!, Save your money and just wait a few years so the housing market can crash.
-------------------- To be or not to be
Posts: 2340 | From: Bay Area | Registered: Aug 2002
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Blue92
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Member # 8789
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posted
My current lease is up at the end of the year with no option to renew. Landlord's granddaughter wants the place, so I have to make a decision soon.
Posts: 2906 | Registered: Dec 2008
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losbadgts
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Member # 4394
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posted
I know man thats why i bought a house an hour away from the bay. Its ridiculous what my friends pay for rent in the bay. If trump becomes president for sure the market will crash again so save your money and make sure u work at a supply and demand type if job.
-------------------- Why pretent someone u are not, everyone else could see it.
Posts: 3625 | From: redwood city | Registered: Apr 2004
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venomous99
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Member # 1917
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posted
sure does suck if you're looking to rent or buy. sure someone is gonna recommend u buy/rent in the boonies where no one wants to live...
-------------------- MKII Q7 89LX
Posts: 4811 | From: dc | Registered: Oct 2002
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1996 GT
I'm Joe Yates
Member # 4992
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posted
Prices are high but unless rates go up drastically you'll probably end up pricing yourself out of the market if you wait on buying. The market will go up and down but a large bubble that we had back in 05-06 is probably not gonna happen again... [ 2015-10-23, 12:27 PM: Message edited by: 135.0 ]
-------------------- http://i.magaimg.net/img/257w.png
Posts: 9308 | Registered: Oct 2004
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SLOWBACK 67
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Member # 6348
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posted
quote: Originally posted by 135.0: Prices are high but unless rates go up drastically you'll probably end up pricing yourself out of the market if you wait on buying. The market will go up and down but a large bubble that we had back in 05-06 is probably not gonna happen again...
Shit I already see people taking a home equity line out on their homes...... Just another group falling into the trap. I doubt home prices will drop as low as they did a few years ago. But I see the housing market having a correction in the next 5 years or so.
-------------------- Originally posted by turbo50: I have no intenions of keeping anyones parts or taking anyones money.
Posts: 8582 | From: Vallejo | Registered: Dec 2005
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Blue92
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Member # 8789
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posted
quote: Originally posted by 135.0: People make good money, a lot of people look at a 2500-3000 payment like it ain't shit.
Right now it is almost impossible to rent for that here in the South Bay. I will not go to an apartment, I need a yard and garage.
Posts: 2906 | Registered: Dec 2008
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venomous99
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Member # 1917
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posted
quote: Originally posted by 135.0: People make good money, a lot of people look at a 2500-3000 payment like it ain't shit.
you're right ... there are a lot of rich folks out there that shiet 2500 a day.
-------------------- MKII Q7 89LX
Posts: 4811 | From: dc | Registered: Oct 2002
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adower
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Member # 5955
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posted
Crazy what the Bay Area housing prices are. My wife's grandma rents her house in Daly City for 4500 a month.
-------------------- 98 Cobra Griggs S Trim HRE
Posts: 3327 | Registered: Aug 2005
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venomous99
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Member # 1917
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posted
quote: Originally posted by adower: Crazy what the Bay Area housing prices are. My wife's grandma rents her house in Daly City for 4500 a month.
yeah i see it a lot. ppl are renting their 2nd level in DC for 3200-3500 and thats typically a 3/2 about 1300sqft. LOL. lower level inlaw rent for 2k. pretty damn insane.
-------------------- MKII Q7 89LX
Posts: 4811 | From: dc | Registered: Oct 2002
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Infamous5.0
CAFords OG
Member # 1745
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posted
quote: Originally posted by 135.0: People make good money, a lot of people look at a 2500-3000 payment like it ain't shit.
True, so just wait until the economy takes a crap! A lot of home owners that make a lot of money wont be able to afford their mortgage which will then force them to foreclose. No Jobs + bad economy = housing market crash. Get ready to buy a cheap huge home in the bay
-------------------- To be or not to be
Posts: 2340 | From: Bay Area | Registered: Aug 2002
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Robb
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Member # 9444
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posted
A friend of mind just bought a NICE 3 bedroom/2 bath on an acre of land for $130k in Idaho? i think. Cant even get a poverty house in Stockton for that much.
Posts: 2467 | From: Sacramento,CA | Registered: Sep 2009
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1996 GT
I'm Joe Yates
Member # 4992
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posted
quote: Originally posted by Robb: A friend of mind just bought a NICE 3 bedroom/2 bath on an acre of land for $130k in Idaho? i think. Cant even get a poverty house in Stockton for that much.
You can't even smoke weed medicinally in Idaho, you can though ride a motorcycle without a helmet. LOL
-------------------- http://i.magaimg.net/img/257w.png
Posts: 9308 | Registered: Oct 2004
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CoyoteMike
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Member # 13748
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posted
quote: Originally posted by Robb: A friend of mind just bought a NICE 3 bedroom/2 bath on an acre of land for $130k in Idaho? i think. Cant even get a poverty house in Stockton for that much.
To be fair the average pay/income is also significantly lower out there but the overall cost of living is lower too [ 2015-10-23, 02:27 PM: Message edited by: CoyoteMike ]
-------------------- Racist, bigot Michael Ford / Mike Ford aka FiveOhMike of 2039 XXXXXXXy XXX Livermore, CA 94551, DOB Nov 3X, 1980 925-XXX-6667 and Director at Midokura Corp has been banned for continual threats of violence against other members, half a dozen fake accounts, lying to police to implicate CAFords and other shameful acts of revealing character. He is reported to be well armed and regularly spotted at the Dublin/Pleasanton BART station.
-------- 2013 GT 5.0 Coupe 2014 Focus ST 2015 Buick LaCrosse Premium
Posts: 580 | From: Livermore, CA | Registered: Sep 2014
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adower
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Member # 5955
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posted
quote: Originally posted by Robb: A friend of mind just bought a NICE 3 bedroom/2 bath on an acre of land for $130k in Idaho? i think. Cant even get a poverty house in Stockton for that much.
Yeah but it's Idaho. Who would ever want to live there after living in california
-------------------- 98 Cobra Griggs S Trim HRE
Posts: 3327 | Registered: Aug 2005
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hurting your feelings
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Member # 13641
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posted
quote: Originally posted by Robb: A friend of mind just bought a NICE 3 bedroom/2 bath on an acre of land for $130k in Idaho? i think. Cant even get a poverty house in Stockton for that much.
Who and the fuck wants to live that waste land of state.
Posts: 1830 | From: In front of the bank with a 45 an a ski mask | Registered: Jun 2014
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1996 GT
I'm Joe Yates
Member # 4992
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posted
quote: Originally posted by hurting your feelings: quote: Originally posted by Robb: A friend of mind just bought a NICE 3 bedroom/2 bath on an acre of land for $130k in Idaho? i think. Cant even get a poverty house in Stockton for that much.
Who and the fuck wants to live that waste land of state.
Lots and lots of white people, plus more white people and mormons.
-------------------- http://i.magaimg.net/img/257w.png
Posts: 9308 | Registered: Oct 2004
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CoyoteMike
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Member # 13748
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posted
quote: Originally posted by 135.0: quote: Originally posted by hurting your feelings: quote: Originally posted by Robb: A friend of mind just bought a NICE 3 bedroom/2 bath on an acre of land for $130k in Idaho? i think. Cant even get a poverty house in Stockton for that much.
Who and the fuck wants to live that waste land of state.
Lots and lots of white people, plus more white people and mormons.
Wonder if thats why the quality of life and living is so much higher and nicer out there.
-------------------- Racist, bigot Michael Ford / Mike Ford aka FiveOhMike of 2039 XXXXXXXy XXX Livermore, CA 94551, DOB Nov 3X, 1980 925-XXX-6667 and Director at Midokura Corp has been banned for continual threats of violence against other members, half a dozen fake accounts, lying to police to implicate CAFords and other shameful acts of revealing character. He is reported to be well armed and regularly spotted at the Dublin/Pleasanton BART station.
-------- 2013 GT 5.0 Coupe 2014 Focus ST 2015 Buick LaCrosse Premium
Posts: 580 | From: Livermore, CA | Registered: Sep 2014
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1996 GT
I'm Joe Yates
Member # 4992
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posted
quote: Originally posted by CoyoteMike: quote: Originally posted by 135.0: quote: Originally posted by hurting your feelings: quote: Originally posted by Robb: A friend of mind just bought a NICE 3 bedroom/2 bath on an acre of land for $130k in Idaho? i think. Cant even get a poverty house in Stockton for that much.
Who and the fuck wants to live that waste land of state.
Lots and lots of white people, plus more white people and mormons.
Wonder if thats why the quality of life and living is so much higher and nicer out there.
Its because their god lives on a planet called Kolob...
-------------------- http://i.magaimg.net/img/257w.png
Posts: 9308 | Registered: Oct 2004
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losbadgts
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Member # 4394
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posted
The only thing i missed about the bay is that everything that u need is near by. But what i dont missed how crowed it is and traffic up the ass most of the day.
-------------------- Why pretent someone u are not, everyone else could see it.
Posts: 3625 | From: redwood city | Registered: Apr 2004
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hurting your feelings
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Member # 13641
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posted
quote: Originally posted by 135.0: quote: Originally posted by hurting your feelings: quote: Originally posted by Robb: A friend of mind just bought a NICE 3 bedroom/2 bath on an acre of land for $130k in Idaho? i think. Cant even get a poverty house in Stockton for that much.
Who and the fuck wants to live that waste land of state.
Lots and lots of white people, plus more white people and mormons.
Wouldn't that be Utah
Posts: 1830 | From: In front of the bank with a 45 an a ski mask | Registered: Jun 2014
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mikeP
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Member # 4489
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posted
<-----Been here all my life in Cali. Bouncing out of this pay with your arm and leg economy in about 2-3 years. It's only getting worse especially here in the peninsula. Google, Facebook ect are driving the bay area economy out of this world. Local people who were born and raised in the area are selling their homes and those top payed recruited from abroad engineers making $100-$200 G's a year are buying them out if not the Chinese who are coming over from China over bidding on properties for sale. [ 2015-10-23, 03:28 PM: Message edited by: mikeP ]
-------------------- 91 vert lx 5.0, 68 CS, 69 BB nova
Posts: 975 | Registered: May 2004
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CoyoteMike
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Member # 13748
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posted
quote: Originally posted by mikeP: <-----Been here all my life in Cali. Bouncing out of this pay with your arm and leg economy in about 2-3 years. It's only getting worse especially here in the peninsula. Google, Facebook ect are driving the bay area economy out of this world. Local people who were born and raised in the area are selling their homes and those top payed engineers making $100-$200 G's a year are buying them out if not the Chinese who are coming over from China over bidding on properties for sale.
I work in the industry, most people I know are making north of 140k and are still having a hard time buying at these prices. Engineers are starting to be priced out of the market due to overseas investors.
A couple of senior engineers that work for me, make $160k and have to be roommates to live in decent sized place in SF. I think their rent is $5500 a month.
Me personally, I live in Livermore and commute 80 minutes each way to SF just to have A) space and B) at a somewhat reasonable price. [ 2015-10-23, 03:28 PM: Message edited by: CoyoteMike ]
-------------------- Racist, bigot Michael Ford / Mike Ford aka FiveOhMike of 2039 XXXXXXXy XXX Livermore, CA 94551, DOB Nov 3X, 1980 925-XXX-6667 and Director at Midokura Corp has been banned for continual threats of violence against other members, half a dozen fake accounts, lying to police to implicate CAFords and other shameful acts of revealing character. He is reported to be well armed and regularly spotted at the Dublin/Pleasanton BART station.
-------- 2013 GT 5.0 Coupe 2014 Focus ST 2015 Buick LaCrosse Premium
Posts: 580 | From: Livermore, CA | Registered: Sep 2014
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