Americans squeezed by higher rents, tight credit

Barbaro said:
Well, The senate just approved it today. California is broke, and this Speed Train costs $65 billions.. :O They may say it may bring the jobs, but what if Washington decides to cut federal money in the future? It wont be built without federal funds.

Stockton is broke.

Mammoth Lakes just filed for bankruptcy.

:eek3:
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The Speed Train is the most idiotic thing to do in a time when they are deep in the red and broke.
 
Barbaro said:
Mobile houses can be nice and practical. LOL Maybe you can check mobile houses along the coast.
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Trust me... I know, because I used to live in them as a kid! They can be nice, no doubt, but not for anywhere near the money my Dad used to pay for them. I have looked at them periodically over the years, but the problem is inflation caused by misallocation of capital, natural resources, and human talent into the housing industry via a housing bubble blown up by Greenspan! Bubbles happen because people are always looking for a way to invest their money into something that beats the rate of inflation, and the problem with that is that it crowds out the average people who don't earn very much money.

As fast things go up, must they come down. I've already lived through the housing bust in the late 80s-early 90s and the tech bust just after the turn of the century, and now the housing bust, which started around 2006. Armed with new information and a very different way of looking at things, I was able to see the housing bust coming up as soon as early 2005. The housing bust still has a way to go, compounded by the stricter lending requirements on loans.

Now, I wonder what the next bust will be... Some say it will be the gold/silver bust a decade or so from now. Problem is this. You have central banks around the world that have been net buyers of gold for the government in the effort to diversify away from the US Dollar and weaker foreign paper currencies. You also have gold-buying cultures like Hinduism in India, Islamism, and other gold-loving cultures in general buying the stuff hand-over-fist in the effort to protect themselves from their corrupt, spending governments that print money from thin air. The question is this, in this context; will there be a classic bull/bear market with a blow-off back down to 1990 lows, or will there be a transition back to a gold/silver backed standard with a mild blow-off that acknowledges the transition, but also puts gold/silver in a much more respected place as far as value goes? We have to be prepared for either scenario.
 
deafdrummer said:
I'll bet you ANYTHING that $250 for a North Face jacket looks much cheaper to you than it does to me.

My tags are $65 a year for each of my vehicles.
My food budget for the month is $225 a month max.
Gas budget is $50-70 a month.
Electricity is about $25 a month during the summer, and $45 max during the winter.
Renter's insurance, plus insurance for both vehicles is less than $130 a month.

I hate it when businesses charge the same price for a product across the country, when California has more money (although what's left over is smaller in proportion to what you start out with, it's still larger than what we have left over in Texas, on average). Why don't they do the same thing that gas companies do? Gas prices aren't nearly similar across the country...

I am NOT looking forward to the decision I will have to make soon, unless it's made up for me by some things.
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Well living in both places and having friends in both places I would have to say Texans generally have much more discretionary income. Most of my friends in CA can barely afford cable and rarely go out.
 
kokonut said:
The Speed Train is the most idiotic thing to do in a time when they are deep in the red and broke.
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That's your opinion.

High speed train is awesome, Japan, South Korea, Europe and China have those.

Speaking about cost, we need cooperate with private sectors to fund and build the high speed train, however politicians don't know how to work out.
 
Barbaro said:
Not really. I wish... My parents still live in the San Diego area. It is a lot worse than before. I still go there for my work. I usually stay there for a month, sometimes visit there two or three times a year. All I hear from my friends and family in the San Diego areas is their complaints of crimes. That's the first topic always come up in conversation every time I visit there. :/

San Bernardino is ghetto. I just close my eyes to drive through San Bernardino on the way to Big Bear. :P
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The crime happens in anywhere and you won't find any place is absolutely safe.

Oh yup, most area in San Bernardino is depressing but who wants live in this place? Not me.
 
Barbaro said:
Mobile houses can be nice and practical. LOL Maybe you can check mobile houses along the coast.
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Yes, they can be. But not for that price. Also, for me, that one was overdone on the inside for the location.
 
TXgolfer said:
A house like you are describing in the bay area will run about $2 million. Cheaper on the Oakland side if you don't mind dodging bullets. Also of note sales tax on autos is 9.5% and that is on the full value of the car....The do not deduct the trade in allowance for tax purposes and my car tags are roughly $500/year.

He may be right about food being equal to the DC area, but it is no where close to TX prices. TX is much cheaper.
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Oh, yup, the food in AL is cheaper too.

For car tags, in Jefferson County, Alabama, you will end up to pay a lot of money on car tag because this county is bankrupting due to sewer crisis.
 
Reba said:
Yes, they can be. But not for that price. Also, for me, that one was overdone on the inside for the location.
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If mobile home cost $99,000 in Laguna Beach so it is more valuable than one in Clearlake, CA.

I don't want live in Clearlake, CA, farther northern and central CA.
 
I like Honolulu and want live in this city.

Honolulu has most bus coverage than all cities and can take you to anywhere within mile from bus stop.
 
Reba said:
Yes, they can be. But not for that price. Also, for me, that one was overdone on the inside for the location.
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It was not a mobile home but this reminds me of what some of my relatives were told about what they did. Their come back was that they liked the area they were in including their neighbors but wanted the upgrades for their own enjoyment, etc. being fully aware that they might not get their money back quite a number of years later when selling.
 
Jane B. said:
[/B]

It was not a mobile home but this reminds me of what some of my relatives were told about what they did. Their come back was that they liked the area they were in including their neighbors but wanted the upgrades for their own enjoyment, etc. being fully aware that they might not get their money back quite a number of years later when selling.
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If they don't plan to sell soon, then they should enjoy what they have. If someone plans to sell soon though, they have to make adjustments to fit the market.

To me (just my personal opinion), the pictures of the lakeside mobile home for sale showed cluttered, overdecorated spaces. When I think of lakeside (or beach) living, I think of light, casual decorating without a lot of frou-frou. I do like good quality materials but not a lot of dust-catching geegaws and frilliness. That's just me. :giggle:
 
Reba said:
1967
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Well, if you like urban, then you will enjoy it. Rural areas in San Diego are disappearing. The freeways have been updated. You may recognize several places like Old Town, Balboa Park, and Qualcomm stadium.
 
Reba said:
If they don't plan to sell soon, then they should enjoy what they have. If someone plans to sell soon though, they have to make adjustments to fit the market.

To me (just my personal opinion), the pictures of the lakeside mobile home for sale showed cluttered, overdecorated spaces. When I think of lakeside (or beach) living, I think of light, casual decorating without a lot of frou-frou. I do like good quality materials but not a lot of dust-catching geegaws and frilliness. That's just me. :giggle:
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Yeah, it looks hideous on the outside, but it could be fixed. I can't see myself living there. The ceilings feel shorter.
 
Barbaro said:
Well, if you like urban, then you will enjoy it. Rural areas in San Diego are disappearing. The freeways have been updated. You may recognize several places like Old Town, Balboa Park, and Qualcomm stadium.
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I loved going to Balboa Park.

I like being close to the beach. When I lived in SD, we weren't near the beach but we had a pool. We lived in San Carlos and Point Loma neighborhoods.

Realistically, I'm not moving to CA.
 
Foxrac said:
The crime happens in anywhere and you won't find any place is absolutely safe.

Oh yup, most area in San Bernardino is depressing but who wants live in this place? Not me.
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I agree the crime occurs everywhere, but the crimes are far worse in San Diego because of its connections to the border.

If I am a CA resident, I'd live in the Central Coast areas. The problem is there are no T-Mobile services there along the Central coast like Cambria. Verizon is available.
 
Reba said:
I loved going to Balboa Park.

I like being close to the beach. When I lived in SD, we weren't near the beach but we had a pool. We lived in San Carlos and Point Loma neighborhoods.

Realistically, I'm not moving to CA.
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You used to go to Miramar? Point Loma neighborhoods are charming. Many old houses still exist, but trying to keep up the clean image. Are you familiar with Liberty Station? The Liberty Station buildings have been remodeled and preserved, but they are used for stores and organizations.
 
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