Boy this Housing mess could get a lot worse - cougarguard.com — unofficial BYU Cougars / LDS sports, football, basketball forum and message board

Mormon Red Death · 04-15-2008, 08:50 PM

http://www.slate.com/id/2188982

Especially in California...
Good news for Solon who plans to move to Cali... He will get a great deal on a house

Jeff Lebowski · 04-15-2008, 09:19 PM

Wow. Interesting article. If any place is primed for a "correction", it would be California.

Do you suppose we may end up with "Californication" in reverse? People moving to California to take advantage of good housing prices? Could it be that I could finally afford to live in Santa Barbara? Or Monterrey? I doubt it.

SteelBlue · 04-15-2008, 09:23 PM

Santa Barbara is my dream too Jeff. Alas, I'm afraid the continuing corrections will only mean that the 1 million dollar, 1300 sq/ft tract home is now available for 600K.

MikeWaters · 04-15-2008, 09:25 PM

that "great deal" is still outrageous.

The market needs to adjust, prices need to fall, and houses need to be affordable again.

If California is to prosper. Of course, we can all agree, who cares if CA prospers.

Archaea · 04-15-2008, 09:37 PM

Quote:

Originally Posted by MikeWaters

that "great deal" is still outrageous.

The market needs to adjust, prices need to fall, and houses need to be affordable again.

If California is to prosper. Of course, we can all agree, who cares if CA prospers.

Amen to that brother, amen.

04-15-2008, 08:50 PM	#1
Mormon Red Death Senior Member Join Date: Jan 2006 Location: Clinton Township, MI Posts: 3,126	Boy this Housing mess could get a lot worse http://www.slate.com/id/2188982 Especially in California... Good news for Solon who plans to move to Cali... He will get a great deal on a house __________________ Its all about the suit

04-15-2008, 09:19 PM	#2
Jeff Lebowski Charon Join Date: Jan 2006 Location: In the heart of darkness (Provo) Posts: 9,564	Wow. Interesting article. If any place is primed for a "correction", it would be California. Do you suppose we may end up with "Californication" in reverse? People moving to California to take advantage of good housing prices? Could it be that I could finally afford to live in Santa Barbara? Or Monterrey? I doubt it. __________________ "... the arc of the universe is long but it bends toward justice." Martin Luther King, Jr. Last edited by Jeff Lebowski; 04-15-2008 at 09:29 PM.

04-15-2008, 09:23 PM	#3
SteelBlue Senior Member Join Date: Aug 2005 Location: Norcal Posts: 5,821	Santa Barbara is my dream too Jeff. Alas, I'm afraid the continuing corrections will only mean that the 1 million dollar, 1300 sq/ft tract home is now available for 600K.

04-15-2008, 09:25 PM	#4
MikeWaters Demiurge Join Date: Aug 2005 Posts: 36,365	that "great deal" is still outrageous. The market needs to adjust, prices need to fall, and houses need to be affordable again. If California is to prosper. Of course, we can all agree, who cares if CA prospers.