Housing drop 20-25% (Palmdale, Brentwood, Empire: credit card, loans, houses)

[montevista1]

I am a loan officer just about everyone uses these b.s. style loans to pay their house and uses their equity to pay the credit cards.

If housing drops or stays stagnant you will see here a crazy recession. Prices can not sustain a 20% increase every year even in LA.

The price drop will start in places like Palmdale, Inland Empire and slowly move to L.A.

[MoMark]

What do you mean "will start", it's been going on now for six months.

[Havasu]

2 years later and...

[ConsideringLA]

Originally Posted by Havasu

2 years later and...

feels like we saw 25% just last month.

[POhdNcrzy]

The truth is out there ~!

[JeannieC]

Hey everyone... Well, I've wanted to move to CA for a long time, mainly because of my health, I'm not very resistent to the weather conditions here anymore (Netherlands), because of an immune disease... I could live to be a hundred, but I'm often in pain and bed ridden because of the weather overhere. So I decided to surf the net and see what living in CA (Brentwood is my favorite) should cost. I was amazed to find out that a lot of houses in Brentwood are much, much cheaper than they are overhere in Holland! I was completely amazed to find some very nice houses, which are twice or three times as big as what we (my family and me) live in at the moment, for about the same price or even cheaper! It was kind of a shock... Considering the financial crisis at the time or not, it looked good... My husband is an accountant, I am a secretary who has been a SAHM for the last 8 years, we live in the East of Holland. I speak Dutch (evidently, lol), English, German, French and some Spanish. We have two children, aged 6 and 7. If anyone has some good tips, please reply to my post, it would be very much appreciated! Convincing my hubby we should really move, will be a task on itself, lol....I'm very much looking forward to tips and ideas. TY in advance!

[Charles]

Originally Posted by JeannieC

I was amazed to find out that a lot of houses in Brentwood are much, much cheaper than they are overhere in Holland! I was completely amazed to find some very nice houses, which are twice or three times as big as what we (my family and me) live in at the moment, for about the same price or even cheaper!

My husband is an accountant, I am a secretary who has been a SAHM for the last 8 years, we live in the East of Holland.

If anyone has some good tips, please reply to my post,

What is your price range?

Have you checked out the complications involved in moving to another country and getting a job?

Do your kids speak English (enough to mainstream in school with American kids)?

You may be trading one type of stress (weather) for another (away from family and familiarities, customs, culture, traffic, statewide economic problems).

[flo2900]

Originally Posted by JeannieC

Hey everyone... Well, I've wanted to move to CA for a long time, mainly because of my health, I'm not very resistent to the weather conditions here anymore (Netherlands), because of an immune disease... I could live to be a hundred, but I'm often in pain and bed ridden because of the weather overhere. So I decided to surf the net and see what living in CA (Brentwood is my favorite) should cost. I was amazed to find out that a lot of houses in Brentwood are much, much cheaper than they are overhere in Holland! I was completely amazed to find some very nice houses, which are twice or three times as big as what we (my family and me) live in at the moment, for about the same price or even cheaper! It was kind of a shock... Considering the financial crisis at the time or not, it looked good... My husband is an accountant, I am a secretary who has been a SAHM for the last 8 years, we live in the East of Holland. I speak Dutch (evidently, lol), English, German, French and some Spanish. We have two children, aged 6 and 7. If anyone has some good tips, please reply to my post, it would be very much appreciated! Convincing my hubby we should really move, will be a task on itself, lol....I'm very much looking forward to tips and ideas. TY in advance!

have you considered the fact that as a foreigner you cannot work and reside here legally?...as a tourist you could stay up to 3 months every year.....staying means not having the right to work....as a white european you will not be any different than a mexican national crossing the border illegaly after those three months...sorry to bust your bubble but immigration is a very serious issue here in the US....no exceptions...white europeans, canadians, mexicans and other foreign nationals are equal facing immigration laws...stay in Holland and make the best of it...Good Luck!

[JeannieC]

Hi Charles,

Our price range would be somewhere between $ 150.000 - $ 305.000 (305.000 is stretching it, considering other costs as well). My children are 6 and 7 and could learn another language, I could even home school them. In The Netherlands, children are being tought englishwhen they start 7th grade. I studied english for about 8 years. I'm a secretary (international correspondence). My husband has an international accounting degree and is currently studying for a Master. It would help of course when he could get a job at an international firm, he's been offered a position at Michael Page and could maybe get transferred...

[JeannieC]

Originally Posted by flo2900

have you considered the fact that as a foreigner you cannot work and reside here legally?...as a tourist you could stay up to 3 months every year.....staying means not having the right to work....as a white european you will not be any different than a mexican national crossing the border illegaly after those three months...sorry to bust your bubble but immigration is a very serious issue here in the US....no exceptions...white europeans, canadians, mexicans and other foreign nationals are equal facing immigration laws...stay in Holland and make the best of it...Good Luck!

In know, I'm not oblivious, lol! I merely filled out my profile to make my story a little more accessable... I'm only wondering what all those Americans are doing in The Netherlands, lol!