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guys guys let's just pony up, how much equity and when/where we bought. I wanna know if Liar or IHO pulled a larry.

there's only one person who pretends to want to live in John's Creek here.

if you have to sell when the market is down, who cares, your other house will be cheaper as well. If things get really bad, just hand over the keys, rent for a while, then buy the dip. Anyway, now I want to know if you're someone who actually bought at a good time, and you just don't want...

I'm not sure why it matters unless you're forced to sell? When did you buy in Irvine?

are they, if they are rich and live there with their family? I mean, I bought my house in Foothill Ranch expecting prices to drop quite a bit in the short term, but I loved the house and saw myself living there for 20+ years. (spoiler, it didn't drop in value, I gained ~800k in equity...

Panda is trying to convince himself he wouldn't move to Irvine or even Lake Forest in a heartbeat if someone handed him the keys to a new detached condo.

The price per SQ FT in Irvine is now $798. In Foothill Ranch it's $648. John's Creek is $219.

Looks fun for 4 months out of the year!

There are four(!!!) kindergarten classes if I'm not mistaken, they really could have used a second school over at the Meadows! It is nice seeing so many little ones out and about at the various parks, playgrounds, and even town center.

Hi Xander, I don't live in The Meadows, I'm across the street in Baker Ranch. My oldest kid just started kindergarten and we drive him up the hill to Foothill Ranch elementary, it's pretty close. I imagine when we're older we'd look to share rides. Currently we have a nanny come 4 days a...

Nice job. I did mid 2009 and late 2020 for some impressive gains myself.

The reason it has to is because Real Estate is extremely tax advantaged compared to most other investments. I can't 1031 my Apple stock appreciations into Anthropic shares. I can't get my tax rate fixed to 'now' so future tax increases on capital gains aren't applied, I can't get a subsidized...

probably what will happen is people will finally realize it's OK to tax land more and/or rent seeking on land value increases, and capital will flow out from RE speculation and into more productive areas of the economy. That doesn't mean prices will drop but it certainly could slow the...

I've seen escrow companies open, do some transactions, close down, then open with the same owners under a different corporate name.

All depends on if the money printers go BRRR. It very well may look like a 'deal' but you really gotta chart real estate to M2, definitely not to CPI.

I find that hard to believe that Atlanta has more high paying jobs (tech and finance) than LA/OC. Also, harder to super-commute to the Bay while that's doable from OC.

My office is ~8 minutes from Fashion Island. I decided I wanted to eat some ice cream while looking at the pacific ocean, so I did that at lunch a couple weeks ago. My wife and I went to Javiers last Friday and got to eat guacamole, sip jalapeno margaritas, and look at the ocean. I don't...

Panda is like the guy who marries one girl, but keeps a photo book of the girl that got away under his bed. Yes, you can ask your wife to dye her hair and change her outfits, but it still doesn't look like the girl in that photo...

Panda, your statistics are awful here, of course a city that has the population of UCI, a bunch of people who moved in 1970, and a hundred thousand apartment renters, is going to have a lower *median* household income than a small, new city filled with homeowners. You can't make *any* sort of...

Even if one can move to John's Creek and not worry about finding lucrative work, there's still the question of if your children are going to end up nearby. Here in OC, there are so many jobs in OC, LA, or even a 40 minute flight to the Bay. In John's Creek, I think the kids are gonna want to...