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    Hangar being torn down

    Who actuually owns the land and the structures at Tustin and El Toro? Were they transferred to the local gov'ts? Would the motocross enthusiasts or artisans pay enough for the land, compared to revenue from building more homes / Albertsons / Daphne's / AMC / TJMaxx "middle class happiness...
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    Stealing from Seniors and CPI Lies

    Well, I like Ron Paul at some level, but he misses the obvious. Yes, there is a huge gap between perceived and real wealth. Yes, it will get resolved. The question is how. What Ron Paul misses is the revealed preference of the electorate to avoid transparent resolution to this. People actually...
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    Diet Coke

    a beer in the morning will set whatever you did last night right, so the day won't start with endorphine-sapping negative emotions. You may find it hard to concentrate later in the morning, so reserve that time for manual tasks.
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    A glimpse of my life experience.

    What happened to the "Thank you" buttons? Now, seeing that, who thinks that Irvine-raised kids have any chance in competing with the Chinese? This can't be much different from where current rural migrants live in the outskirts of Shanghai. There better be some creativity skills you get from...
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    Newport Beach Prices Dropping

    Evidence that top end is immune (just 11.5% down) and that NB average sales price will shoot through the roof in August 2009: <blockquote> Pimco's Gross pays $23 million to do a tear-down August 14, 2009 | 12:12 pm Pimco bond guru Bill Gross is willing to do his part to help the...
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    Irvine Demographics

    I also would like to see Italians shown separately (reportedly there had been some hanky panky with the Moores in the middle ages), the French labelled with an F, rednecks with an R, and don't get me started on the Indians (real ones, not East Indians)! Is there a J column in that questionnaire too?
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    Irvine Demographics

    Wow +1, I'd like to see the break-down of that "utilities" number. Those IRWD rates need revisin'
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    Quail Hill mid-high end foreclosures

    Graph, did 105 Bottlebrush sell at the auction yesterday or postponed again? I looked at it when it first surfaced on ForeclosureRadar, and it was the only house on the street with 3 brand new German cars parked in front. Looked at it a few weeks ago and saw no cars. A very wise boss/mentor...
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    "4 weeks and then all hell breaks loose"

    Whether the guy in the basement or the "top management"... it is a deliberate decision. Ultimately it is not up to them either, as banks' power to keep the REO inventory depends on their access to continuous financing. Liquidation value is much smaller than going concern value. By flooding the...
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    When is the "right" age to have kids?

    We were driving north on 5 the other day, my 9 year old saw the mountains looking particularly contrasty in the sunset, and said "look dad, they look like a videogame!" For him, videogames are the preferred reality. Raising kids is real. Work, with its artificial incentives, targets, and...
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    Where is a good place to find high end furniture at bargain prices?

    I wouldn't be too price sensitive at this point, high end furniture prices have likely hit the bottom and are likely to appreciate from here. Also, most high end furniture is very individual, so I would rather focus on finding the right furniture FOR YOU, something you can fall in love with, and...
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    REOs will rise 50% in the next 4 months.

    3m people in OC ~ 1m households, so BofA holds ~1.5% of the housing stock. If you say that BofA is 50% of the market, this makes 3% of the housig stock as REOs. Not implausible.
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    A guy on house arrest at the Village IAC Apts

    Thanks! I generally favor toys for my kids that help them learn as well as play, so Cuatro's suggestion may be the way forward.
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    A guy on house arrest at the Village IAC Apts

    I demand to be protected from hot-looking scantily dressed alledged hookers walking in pairs around me. I pay my rent, dammit! Where can one get one of those ankle bracelets that go off at a certain distance from the house? I can use it on my 3-year old.
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    July 28th California goes bust

    Yes, Peter! Like they outsourced Guantanamo detainees to tropical islands:http://www.timesonline.co.uk/tol/news/world/us_and_americas/article6474791.ece
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    Look at your Tax Return before kicking CA state

    Let's go over a very basic value proposition: - How much did you pay in Federal taxes in 2008? - How much did you pay in State/local taxes in 2008? (you can include your sales tax, estimate it at ~3% of your gross income) Now, what did you get for it: - What services did you get...
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    So long 4.x%...it was nice knowing ya!

    And who can claim they know what Cheerios are really made of... I guess the question is this: Jumbos became so much more expensive than conforming, does the spread over conforming change daily or is it static? Are jumbo rates much more variable than conforming with regards to FICO and LTV?
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    So long 4.x%...it was nice knowing ya!

    Soylent Green (loved the movie!), does this also affect jumbo rates? Or is the credit component so high that it is not sensitive to where MBS is trading?
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