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  1. No_Such_Reality_IHB

    General observation from the front lines about the Irvine housing market...

    That's fine by me. The lower the low end goes, the lower the high end falls before it get's to compression and finds support.
  2. No_Such_Reality_IHB

    How deep is the pool?

    Opinion, data, conjectures, anecdotes, facts. Opine and bloviate at will. Perhaps a tertiary question. What's it going to take to push the low and mid tier (that's sub $500K currently) down further. As IR's main blog post today (11th) points out, one can start rationalizing rental parity...
  3. No_Such_Reality_IHB

    How deep is the pool?

    Currently the buyer pool is very competitive for properties below $500,000. In other threads, the OC register and first hand experience speaks to the bidding wars and competition erupting on teaser priced properties in the sub $500K range results in tens to hundred plus offers. A recent...
  4. No_Such_Reality_IHB

    What do the experts think?

    You missing the most important part of those listings. 0.62 Acres. 0.75 Acres.
  5. No_Such_Reality_IHB

    Rental parity on a 4/3 SFR?

    You can buy the dogs of dow today and get an average yield of about 5% on dividends plus the upside/downside risk of the stock. And as a nitpick, a $100,000+ plus down payment over a near term window of even a year or two does make a difference long term.
  6. No_Such_Reality_IHB

    Govt. to REQUIRE adults to carry Health care insurance

    That's also the point. The Medicare system is broken and breaking the medical system. They charge $30,000 for something because Medicare is only going to pay $6000 and then everybody else is stuck paying $30,000 or whatever their smaller plan has negotiated.
  7. No_Such_Reality_IHB

    Govt. to REQUIRE adults to carry Health care insurance

    Hey look, another proposal to surtax the wealthy... <a href="http://news.yahoo.com/s/ap/20090709/ap_on_go_co/us_health_care_overhaul_57">House Dems eye surtax on wealthy for healthcare</a>
  8. No_Such_Reality_IHB

    Palin will do anything for attention

    I grew up in small midwest town. Palin just reacted like I've seen many small town pretty popular homecoming queens act like when the world doesn't fall over to do what the want just because they are the popular pretty homecoming queen all the teenage boys are trying to date. Let her...
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