Recent content by AccidentalAnalytics

A broken clock is right 2 times a day.

This is a true statement: 1) They are hidden well 2) They are not part of the association 3) They are allocated affordable housing

Actually, there is snow in Maui.

Winner! I meant to stress how idiotic LL’s claims have been in the last two years. Had anyone actually listened, they would be in a FAR worse situation financially.

I followed LLs advice and didn’t buy a home in 2021. I feel so much better as a renter in 2023. Thanks LL for ensuring my financial freedom from the debacle of an Irvine housing crash.

The trend is catching on: Damn near $900/foot. Remind me not to ever deal with realtor. https://redf.in/2fHUAP

To Cherry Picking Liar, going from 727/ft to 726/ft is a meltdown.

LL, can you use standard font size and format please?  Why do you feel the need to bold your heading and make your font bigger.

You?re the one that used 2006.  I am Just showing how you lie with statistics. Mr Broken Clock.

Since people want to lie with statistics: Based on historical rents below, rents have gone up 53% 2006-2021.  I?d say the P&I increase is healthy given this comparison. https://ipropertymanagement.com/research/average-rent-by-year

That too is limited to $750k basis.  So with that and the SALT limit, it?s not too much more than the standard deduction.  If SALT cap is removed, then it?s game time.

MM: You make too much sense for LL to ever comprehend.

The tax deduction benefit is gone.  The 2017 tax changes limited SALT to 10k and MITD to 750k basis.  Most homeowners now take the standard.

It?s not completely suicidal. It?s just that, more often than not, people don?t invest the difference saved between a house payment and a mortgage.  Will some be better off renting vs buying? Yes.  But that?s few and far between.  Most will spend the difference on a nicer car, better vacations...

Good read on the market in OC:https://www.northmarq.com/wp-content/uploads/2022/03/NM-Market-Insights_OrangeCounty_4Q2021.pdf