Long term ramifications on Bay Area Real Estate and Economy

[nowhereman427]

Originally Posted by Vision67

A churning Golden State on the eve of new population numbers

https://www.washingtonpost.com/natio...c3e_story.html

"ROCKLIN, Calif. — Shannon Sessions has a seat in left field, in the shade of a willow. Her goldendoodle, Yeti, is leashed to her folding chair.

These are prime tickets at the Little League diamond here at Whitney Ranch park, an expanding development of red-tile roof houses, barbecues and backyards. Less than two months into her move to this old-new boomtown in the dry air of the Sierra Nevada foothills, she already knows to arrive early if she wants a good view of Carter, her 8-year-old son, playing first base.

Sessions is a newcomer, a Bay Area transplant, and among a quickening migration from west to east transforming a state once shaped by arrivals heading very much in the other direction.

The trend has made Placer County, climbing from the outskirts of Sacramento to the blue depths of Lake Tahoe, among the fastest growing places in the state over a decade when California’s famed historic growth has slowed to a virtual standstill."

Too late now. Everyone is moving to this area and prices are not affordable no more.

[Eli34]

Originally Posted by Dave Coe

Why 2022 Could Be The Dot-Com Bubble All Over Again:

"Summary
Speculative growth stocks have become unreasonably expensive.
Persistent inflation will trigger higher interest rates, causing high growth to crash.
Capital will flow out of "dumb money" into fixed income and cash-flow generating stocks.
High growth companies with no earnings will be hit the hardest, and could see a 30% drawdown over the next 18 months.
The best way to protect your portfolio is to shift money out of speculative stocks and into high-quality stocks."

https://seekingalpha.com/article/446...all-over-again

Great article, thanks for sharing.

[nowhereman427]

Originally Posted by Eli34

Great article, thanks for sharing.

[MKTwet]

It's pretty easy to guess what's gonna happen next year because the amount of speculative and leverage money already ballooned to such an extent that soon the taxes and ramification of high inflation will hit people so hard that many will lose their tails due to the amount of leverage they took to get into an asset.

And why the US tax system is the most anti-capitalistic and just a handicap to keep things from getting too out of hand.

[nowhereman427]

Originally Posted by MKTwet

It's pretty easy to guess what's gonna happen next year because the amount of speculative and leverage money already ballooned to such an extent that soon the taxes and ramification of high inflation will hit people so hard that many will lose their tails due to the amount of leverage they took to get into an asset.

And why the US tax system is the most anti-capitalistic and just a handicap to keep things from getting too out of hand.

Home loan refi rates will go up?

[Dave Coe]

Strange that Facebook is expanding Bay Area office space in the midst of a remote work exodus and signs of an economic crash.

https://www.sfchronicle.com/tech/art...e-16667757.php

[RMESMH]

Originally Posted by nowhereman427

Too late now. Everyone is moving to this area and prices are not affordable no more.

It's not surprising.

Best large metro access to Tahoe, IMO.

If someone told me I had to be back in California, that's where I would probably choose.

I like the access to Tahoe, I like the place, and I have relatives there (all of my many previous decades in California were in the Bay Area or LA/OC...except for a ski season at Mammoth)

[Dave Coe]

Originally Posted by RMESMH

It's not surprising.

Best large metro access to Tahoe, IMO.

If someone told me I had to be back in California, that's where I would probably choose.

I like the access to Tahoe, I like the place, and I have relatives there (all of my many previous decades in California were in the Bay Area or LA/OC...except for a ski season at Mammoth)

Sacramento or Reno? Tahoe has a constrained supply.

[nowhereman427]

Originally Posted by RMESMH

It's not surprising.

Best large metro access to Tahoe, IMO.

If someone told me I had to be back in California, that's where I would probably choose.

I like the access to Tahoe, I like the place, and I have relatives there (all of my many previous decades in California were in the Bay Area or LA/OC...except for a ski season at Mammoth)