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    Tell me about Oceanside

    Best shooting range in So Cal (Ironsights), if this is the sort of thing that you're into.
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    Villa Coronado appartments

    <p>Ok, saw the brothel report here <a href="http://cbs2.com/local/Kyung.Ah.Lee.2.536559.html">http://cbs2.com/local/Kyung.Ah.Lee.2.536559.html</a></p> <p>Liked the resident commenting (second video) that the men that were visiting the appartment "did not look like they were from the OC"</p>...
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    Stop the torture of down payments !!!

    Thanks! Graphic toolbar wasn't enabled in my preferences.
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    Villa Coronado appartments

    Is it a positive or a negative?
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    Stop the torture of down payments !!!

    Thanks! How did you do this? Check out the date of the paper.
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    Villa Coronado appartments

    So I am at T-3 weeks until moving to Irvine. The company hired a relocation consultant who leased a place for me in Villa Coronado appts. The pictures look nice, but there are some pretty negative renter reviews on the internet, regarding termites, theft, noise, and management. Does anyone have...
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    Stop the torture of down payments !!!

    you bunch are gonna love this one: Can someone explain how to post images? <img alt="" />http://img299.imageshack.us/img299/1672/13804870la4.gif <img src="http://img299.imageshack.us/img299/1672/13804870la4.gif" alt="" />
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    Where are the high ceilings?

    Why is it that high ceilings (defined by 6'4" me as you can't jump and touch the ceiling in your bedroom) do not seem to be considered a desirable feature by the builders? Are there developments that have higher ceilings than the rest. Most of the pics on MLS are as claustrofobic as reality...
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    What are your predictions for 2008?

    Hillary is nominated but looses to Bloomberg (Obama would've won but wasn't nominated), GOP is a mess. I buy a house in either Irvine or Aliso Viejo. Between gold that doubled in price in the last 5 years and a house that doubled but then sold off 30%, I'll take the house. Economists...
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    Who's Watching Dakar This Year?

    A related question. Where are the closest dirt trails around Irvine?
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    Property price derivatives price in 19.5% LA house price drop next year

    Nope, those are annualized numbers (because most people in the business think in terms of annual interest rates). So the 3yr depreciation is = (1 - 0.115)^3-1 = -31% 2yr = (1 - 0.155)^2 - 1 1yr = (1 - 0.1875)^1 -1
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    Property price derivatives price in 19.5% LA house price drop next year

    Bid-ask spreads are what they are. This is an illiquid market with a lot of uncertainty about where the prices should be. So the 6 dealers supporting it are taking some non-trivial risk by making prices. The flows are sparse, so if a large bank sells the index to hedge its expected foreclosures...
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    Property price derivatives price in 19.5% LA house price drop next year

    Ok, so one of the dealers is quoting 3yr LA swaps as well: SEP 08 -20.00% / -17.50% 10X10 SEP 09 -17.50% / -13.50% 10X10 SEP 10 -13.75% / -9.25% 10X10 If you take the mid level for 3yrs, -11.5%, it implies cumulative 31% drop.
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    Tax advantages of Home ownership

    Ok, let's consider the entire chain... I can buy, pay interst get the tax benefit. Or you can buy, pay interest, get tax benefit, rent the house to me, pay income tax on the rent (rent also compensates for mello-roos etc, so there is some double taxation). I rent from you, no tax...
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    Tip of the week: Don't EVER get sick in Irvine!

    By Michael B. Marois Dec. 18 (Bloomberg) -- California moved a step closer to passing a $14 billion plan supported by Governor Arnold Schwarzenegger to expand health care to the state's uninsured by charging employers a fee and raising taxes on cigarettes. The state Assembly...
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    Tip of the week: Don't EVER get sick in Irvine!

    blackacre, I am from Russia. My wife is a pharmacist in Italy. European Union prescription drug rules are the same in every country (the exceptions are Andorra and San Marino, tiny states that are not part of the EU, doing brisk business selling prescription drugs, viagra mostly, over the...
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    Tip of the week: Don't EVER get sick in Irvine!

    So is my impression correct that Peter UK got charged so much due to 1) Paying the overinflated bills himself 2) The bills were overinflated because insurance companies only pay a fraction of the face value? Kind of like paying MSRP for a car, only more so? By the way...
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    Tax advantages of Home ownership

    =buying is advantageous if you are in a higher tax bracket than the average buyer.
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    Irvine Schools

    Turtle Rock is at 7% presumably because of the parents who are UCI students.... not a bad trade in my book.
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    Nifty home bubble data - must read!!

    There has been 20% cumulative CPI inflation since 2000 (the year I chose as the "fair" level).
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