Why isn't San Francisco/Bay Area as desirable as Southern California? (San Diego: moving to, rich)

[beb0p]

Originally Posted by ExeterMedia

What? I never said any one was "wrong", that's a flat out lie. Stop being dishonest. The entire exchange is available for anyone to see and read, you know that right? So if you lie, you can be called out on it.

Exactly. The entire exchange is available for all to see. Did you say explicitly "wrong"? No. Did you more than imply and infer, that? Oh yeah.

Originally Posted by ExeterMedia

Now where did I say anyone was "wrong"? Oh, can't find where I said that? That's right, it wasn't me who said the data was "not useful", that was you.

Yes, and I've provided my sources. You want me to go above and beyond what is reasonable for me and I'm not going to do that.

Originally Posted by ExeterMedia

The onus is on you to 1) Show how he falsified data, and 2) Provide better data. It's ridiculous to ask someone to prove your own claims for you, totally lazy.

No, it's not. It's the OP's.
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[beb0p]

Originally Posted by ExeterMedia

So I guess you've given up on explaining how the OPs data was falsified (your claim), and finding data that proves his data is not accurate or "useful" (your claim)?

It only takes one post to explain and show how the data is inaccurate, you know. So, it's not "given up", it's "done and over with."
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[cardinal2007]

Wow, this keeps going back and forth, did anyone actually bother to read the article the OP posted. There was nothing in there saying that the people buying property are buying it to live in.

To quote:

"Fifteen percent considered investing in other countries, including Canada, Germany, Mexico, China, Singapore, Sweden, and France."

Heavily implying they are buying property as an investment, not to live in. Note: People don't buy a 2nd home or vacation property as an investment, without rental income property tends to vastly underperform other assets. Since nobody even acknowledged this, all the discussion regarding the article is moot and not to the point, especially that from the OP. The most likely reason to invest would be issues like future rent expectation and lower own to rent ratios in different parts of the country.

[18Montclair]

Originally Posted by ExeterMedia

So I guess you've given up on explaining how the OPs data was falsified (your claim), and finding data that proves his data is not accurate or "useful" (your claim)?

The OPs stat doesnt prove the title of the thread at all.

In fact, the title of the thread has been smashed to bits.

[ExeterMedia]

Originally Posted by beb0p

It only takes one post to explain and show how the data is inaccurate, you know. So, it's not "given up", it's "done and over with."
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i.e - you waved the white flag, and the OP pretty much destroyed you.

As an outside observer, that was one of the most lopsided debates I've seen.

[beb0p]

Originally Posted by cardinal2007

Wow, this keeps going back and forth, did anyone actually bother to read the article the OP posted. There was nothing in there saying that the people buying property are buying it to live in.

To quote:

"Fifteen percent considered investing in other countries, including Canada, Germany, Mexico, China, Singapore, Sweden, and France."

Heavily implying they are buying property as an investment, not to live in. Note: People don't buy a 2nd home or vacation property as an investment, without rental income property tends to vastly underperform other assets. Since nobody even acknowledged this, all the discussion regarding the article is moot and not to the point, especially that from the OP. The most likely reason to invest would be issues like future rent expectation and lower own to rent ratios in different parts of the country.

Yes.

And also the OP fails to address the real estate market's fundamental - in order to buy, there must be someone on the other side to sell. You can have a very desirable market with few transactions because the area is so awesome no one wants to sell. Large amount of transactions means higher turnover and one also has to ask if LA is such a wonderful place why are so many people selling?

All that means is that just basing a city's desirability on RE sales is not sufficient. There are so many other factors above and beyond that.
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[beb0p]

Originally Posted by ExeterMedia

i.e - you waved the white flag, and the OP pretty much destroyed you.

As an outside observer, that was one of the most lopsided debates I've seen.

That makes me chuckle.

Seriously, is that supposed to make me feel bad or something? It's so off the mark I think it's funny in an unintentional way.
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[ExeterMedia]

Originally Posted by beb0p

That makes me chuckle.

.

Laughter is commonly used to mask embarrassment, stress, or other ill feelings.
Nervous laughter - Wikipedia, the free encyclopedia

[beb0p]

Originally Posted by ExeterMedia

Laughter is commonly used to mask embarrassment, stress, or other ill feelings.
Nervous laughter - Wikipedia, the free encyclopedia

But most commonly people laugh because they find something funny.

Btw, I'm assuming you know the difference between a chuckle and a nervous laugh. Because with you, I never know what to expect.
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[Stephen1110]

Originally Posted by cardinal2007

Wow, this keeps going back and forth, did anyone actually bother to read the article the OP posted. There was nothing in there saying that the people buying property are buying it to live in.

To quote:

"Fifteen percent considered investing in other countries, including Canada, Germany, Mexico, China, Singapore, Sweden, and France."

Heavily implying they are buying property as an investment, not to live in. Note: People don't buy a 2nd home or vacation property as an investment, without rental income property tends to vastly underperform other assets. Since nobody even acknowledged this, all the discussion regarding the article is moot and not to the point, especially that from the OP. The most likely reason to invest would be issues like future rent expectation and lower own to rent ratios in different parts of the country.

Hey, i stated that only 5% of all those foreigners actually purchased a luxury home.