HOA is $272/mo and tax rate is approximately 1.07% plus $126 per year for direct assessments.
"We are building 71 tri-level attached townhomes with 2 car direct access garages. Sizes range from 1,245 sqft to 2,039 sqft and are 2 bed 2.5 bath up to 4 bed 3.5 bath. The community will have a...
The recent data is higher rates:https://tradingeconomics.com/united-states/mortgage-rate
There's some seasonality to the yield curve steepening in September and January though.
Yellen is going to hike fed funds again in December. Probability very high based on market expectations via fed funds...
Also I think the real immediate risks and not just for China but the whole world are likely political. You have the developed world trying to inflate away their debt, China and Russia have been stockpiling stores of value and making land grabs. So everybody has lots and lots of debt but the...
For sure the short term indicates pain and perhaps more on the way. My long view is probably 20-30 years. Although China will likely also suffer from a demographics problem similar to what developed countries are experiencing now. I think the difficulty in trying to assess China even in the...
Thanks! It's interesting to try to understand what's going on over there. I'm long term bullish on China. They have a far lower debt/GDP to the US, they haven't done quantitative easing like we have, and their short term rates are above 4%. Janet Yellen probably goes to sleep at night dreaming...
You're welcome. Apparently the PBOC is really going after BTC now:https://www.bloomberg.com/news/articles/2017-02-08/china-central-bank-said-to-call-bitcoin-exchanges-for-more-talks
Bitcoin has had an incredible run, that kind of performance in such a short time frame is very rare. I only know...
You have to short using the "offshore" yuan which is USD/CNH instead of CNY. The PBOC can totally dick with you though by making the borrowing costs extremely high to try to stop you out of your short. You have to have big reserves to do that trade.
I don't think we'll see a big overnight...
Interesting that they define "well-managed" simply with how much cash reserves is on hand. I mean really how hard is it when you're making so much damn money from taxes.
If Irvine was so well-managed the Great Park would be done by now instead of having to charge an arm and a leg in MR. Just...
You'd be surprised to know how many people buy and have no idea what they're really going to be paying.
The Great Park has been a "work in progress" for 10 years thanks to mismanagement of funds, hence they've hiked the MR to the current insanity. I went out there a couple of times in the last...
I recently went to Parasol Park and liked the 2X at Somerset but couldn't come to terms with paying $20,000 a year in taxes/MR every year. Personally I'm going to wait to see how the President Trump regime shakes out before taking on a huge liability.
My only hesitation would be the property tax which you're already aware of. But you may or may not be aware they will likely continue to go up over time and can go up even in times of recession.