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For all of those wanting TIC to sell more land, who are they going to sell it to? Which homebuilders out there do you think are in the market to buy land? None. There is absolutely zero market for it right now. Homebuilders are in survival mode, liquidity preservation mode...they have no...

I live in Ladera and I would guess that in my neighborhood, about half of the people fit the description you provide. They have leveraged up over the last 5 years, pulled hundreds of thousands of dollars out of their homes and spent it on who knows what. I would imagine most of them are on...

The entitlements that developers get to put the advertising on their buildings is very valuable. That area of Hollywood is in a special advertising district that allows for that stuff. The Sunset & Vine project across the street (barely visible in the picture above) has huge advertising...

A huge percentage of the buyers in Covenant Hills are in there with Option Arm's, and I have to think that the reason they took out an option arm in the first place is that they couldn't afford the full payment. There is going to be a steady stream of foreclosures in Covenant Hills for the...

Another project with no good way out. They can't sell them. If they rent them, they will still be way underwater on their debt service. If they sell the project in bulk, all of the equity will be gone and the lender would probably have to take $.70 on the dollar. Similar to Astoria in...

Aside from the high taxes, and the feeling you get driving around there, have you hung out with the people that live there? I mean, there are some good people there, but they are few and far between.</blockquote> Wow is that a close minded statement. One of the few times I have ever...

The realistic prices of where they would have to go to move these things with any real velocity are probably already 50% below their original projections. Eventually they will need to either sell the whole thing (the high-rise property) or they will get foreclosed and the lender will sell...

I left my job for a new job about 3 or 4 months ago. I rolled over my old 401K into a rollover IRA. The lucky part is that I was just too lazy or forgetful to specify where I wanted the money invested in the IRA, so it has been sitting in cash as the Dow went from 12,000 to 8,600. I am...

Who builds 1000 SF 1 bedroom condos. If they are going to build a 1000 SF box, they are going to put 2 bedrooms in it and sell it for 25% more.

San Juan has several neighborhoods of homes that are a little older, have some big lots and are not at all cookie cutter. Pretty good commute from their to San Clemente too. I would say the east side of the 5, either down Ortega or around Marbella CC or San Juan Hills golf course. A few...

I am going to lead a write in campaign to get this guy on the board of my HOA in Ladera Ranch. If he can stop home prices from falling in Quail Hill, why can't he roll out the same program in Ladera.