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There is something fundamentally wrong with a market that prices young people with good jobs out. It just can’t last.
The house next to me is renting for 3800 a month. One down the street sold for 850K 20K over asking. This place is nuts. I'd sell but would have to move or rent for twice my mortgage so I guess I stay, for now. Wife won't move for a while cause she loves her job. I can work from anywhere.
I don't know what my kids are gonna do but they are bored of S Cal already so no big deal. If I sell I can buy them both a house anywhere but here.
They won’t. Even conservatives leaving California tend to be more liberal than the conservatives in their new state.”
You get 10-15 miles away from the coast and it turns country real quick. Most of the places I hunt/fish and camp are more neck than where I'm from in Colorado.
The U.S. housing market -- particularly in cutthroat areas like Seattle, Silicon Valley and Austin, Texas -- appears to be headed for the broadest slowdown in years. Buyers are getting squeezed by rising mortgage rates and by prices climbing about twice as fast as incomes, and there’s only so far they can stretch.
Some liberals hate him so much they WANT a recession and real estate crash. If a normal market leveling happens they exaggerate it to something ominous. They took statistics that do not indicate a crash and create propaganda to convince people it is something it is not. FAKE news as reported.
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