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<p><strong>Lies, damn lies, and ... </strong></p> <p>My understanding is this is based on "reported crime." At one point, El Monte was also "the safest city in America" -- according to FBI statistics (read the last line of <a...

We're renting in STM, very close to the Commons. We do like the setup, being able to walk to the town center, around the community, etc. There are a handful of homes for sale in the neighborhood that are just SITTING. Some of them are empty. 5 minutes into meeting our landlord she said "I am...

Die thread die! oops - I'll be quiet now.

Janice, Why wouldn't the arson investigators consider the factor of a closed dump site in their investigation? Are you suggesting they are being deliberate or incompetent? What gives you that belief?

MuffDaddy: West Irvine = Tustin. Huh? So Irvine Spectrum = Lake Forest? And Turtle Ridge = Newport Beach? Villa Park = Orange Yeah, I know West Irvine feeds TUSD. So does Northpark. And Beckman is off Bryan & Culver.

<p><em>The real question is, how long will people put up with a 25% or more premium to rent?</em></p> <p dir="ltr">Answer: As long as Irvine has low crime, generally great schools, newer amenity-laden product, and access to jobs (thus lowering commute time/cost). Other communities only...

<p>Movie theaters and in-restaurant bars seem active at The Marketplace (drowning sorrows, escaping reality perhaps?), though the waiting areas outside Macaroni Grill and On the Border were empty last Friday night at 7:30.</p>

<p>awgee, well said. The point is that none of us can predict prices 15 years from now (much less the availability of financing). But in the short run, it is almost assured that pricing will drop (IMO, because of the availability of financing, which artificially spiked demand previously).</p>

I know this is a broken record, but it's damn near impossible to guess housing prices without forecasting interest rates. Rent rates are a slow-changing dimension, and one must triangulate availability of financing with the value of the utility (bigmoney, hats off to you for this eloquent...

<p>Daedalus and graphrix,</p> <p>I'm not arguing FOR the 40yr, at all -- and the amortization table/incremental savings argument holds with the 7 year car loan, too -- I am only suggesting a possible outcome.</p> <p>My argument is that payment -- which is comprised of terms, interest...

<p>Laing_Lies,</p> <p>there is a 40yr, but I've never seen it considered in the assumptions for owner's equivalent rent. when you read the fine print, equivalent rents are calc'd using the more-common 30yr.</p>

<p>3 points:</p> <p><strong>1) Talk of "I'm waiting for the median to approach $500k" is incredibly ignorant.</strong> What about interest rates? Down payment requirements? Terms? Availability of financing? These other items are incredibly important and are the part of the story that...