Housing Market Declining Rapidly - Page 2

wolf · 03-30-2006, 10:58 AM

That's part of what I like about it.

jinx · 03-30-2006, 01:00 PM

Quote:

Originally Posted by glatt

Every once in a while, I feel all smug and superior at the insane value of our house, until I come back to reality and remember that the fuckers tax me based on its value. I ain't goin' nowhere, and I get to pay extra for the privilege.

One of the extra wonderful things about living in this historic distric are our low taxes (just over 1K/yr). I can look out my front door at townhouses that are just outdside the district paying $4K+. Everyone in the boro gets to pay $2 each for trashbags on top of it.
We won't be moving anytime soon...

Undertoad · 03-30-2006, 01:23 PM

I hear the trashbags issue is a really tough one sometimes.

barefoot serpent · 03-30-2006, 03:29 PM

Quote:

Originally Posted by Happy Monkey

My single-bedroom condo is between $300k and $350K right now. If I wanted to leave the area, I'd be a pretty wealthy fella. It's sorta crazy out there.

That's because you aren't a US Congressman
Jim Ryun (R-KS) sweetheart DC property

xoxoxoBruce · 03-30-2006, 07:56 PM

Quote:

Originally Posted by Undertoad

I hear the trashbags issue is a really tough one sometimes.

But the bags aren't tough...ask the cat.

warch · 04-03-2006, 02:02 PM

The house next to us just went up for sale. The market has definitely slowed down, and the high prices are nutty. The asking price for the house next door, smaller than ours, is 3X+ what we paid in 1998. As is the trend in the neighborhood, houses are being bought and turned into rentals for the nearby University. Big $ for landlords, so our land is still a good investment.

But its like we can see the end to our time living here. We used to think we'd stay in this house for a long long time. But it has a seeable end, we'll probably last through 2010... Wonder what will be next?

Griff · 04-03-2006, 07:32 PM

Quote:

Originally Posted by warch

Wonder what will be next?

Had a circling the toilet bowl discussion with my observing Prof today. He's moving to Maine to live among the hippie musician types. This from a Republican.

xoxoxoBruce · 04-03-2006, 08:10 PM

Quote:

Originally Posted by warch

But its like we can see the end to our time living here. We used to think we'd stay in this house for a long long time. But it has a seeable end, we'll probably last through 2010... Wonder what will be next?

I think this will be on the market soon.

Radar · 04-03-2006, 09:17 PM

I fully expect the median price of a home in California to drop by $100,000 or more.

Kitsune · 04-03-2006, 09:52 PM

Quote:

Originally Posted by Radar

I fully expect the median price of a home in California to drop by $100,000 or more.

Is this a crack at the neverland ranch or do you really think CA is that bloated?

warch · 04-04-2006, 03:40 PM

Hmmmmm. Recently toyed with in discussion: Chicago, Boston, Montreal, London....But I'm back in part time school again, so it would be a good 4 years. And there would probably be some combination of food-loving, non-hip musician types in the mix.

I cant see California- but I've learned to never say never (land)

04-04-2006, 05:13 PM

Quote:

Originally Posted by wolf

I need the market to decline more rapidly where I am. The condo conversion went through and I may be homeless in November.

PM me if you need any tips, Wolf. I believe my old spot on the San Miguel is still open, although it may be a bit brisk out there come November.

I notice a LOT of "FOR SALE" and "FOR RENT" signs in the town I'll soon be leaving here on Colorado's Front Range. In what amounts to a three block area, there are two houses for sale, and 4 for rent. Unsual here.

03-30-2006, 10:58 AM	#16
wolf lobber of scimitars Join Date: Jul 2001 Location: Phila Burbs Posts: 20,774	That's part of what I like about it. __________________ wolf eht htiw og "Conspiracies are the norm, not the exception." --G. Edward Griffin The Creature from Jekyll Island High Priestess of the Church of the Whale Penis

04-03-2006, 09:17 PM	#24
Radar Constitutional Scholar Join Date: Dec 2002 Location: Ocala, FL Posts: 4,006	I fully expect the median price of a home in California to drop by $100,000 or more. __________________ "I'm completely in favor of the separation of Church and State. My idea is that these two institutions screw us up enough on their own, so both of them together is certain death." - George Carlin

03-30-2006, 01:23 PM	#18
Undertoad Radical Centrist Join Date: Jan 2001 Location: Cottage of Prussia Posts: 31,423	I hear the trashbags issue is a really tough one sometimes.

04-03-2006, 02:02 PM	#21
warch lurkin old school Join Date: Oct 2001 Location: Minnesota Posts: 2,796	The house next to us just went up for sale. The market has definitely slowed down, and the high prices are nutty. The asking price for the house next door, smaller than ours, is 3X+ what we paid in 1998. As is the trend in the neighborhood, houses are being bought and turned into rentals for the nearby University. Big $ for landlords, so our land is still a good investment. But its like we can see the end to our time living here. We used to think we'd stay in this house for a long long time. But it has a seeable end, we'll probably last through 2010... Wonder what will be next?

04-04-2006, 03:40 PM	#26
warch lurkin old school Join Date: Oct 2001 Location: Minnesota Posts: 2,796	Hmmmmm. Recently toyed with in discussion: Chicago, Boston, Montreal, London....But I'm back in part time school again, so it would be a good 4 years. And there would probably be some combination of food-loving, non-hip musician types in the mix. I cant see California- but I've learned to never say never (land)

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