To: Hank Rearden
It's a very nice, civilized place. You could argue it's poor value for money, but it's not a s---hole; it's just small. You can buy that kind of property for $350,000 in Canoga Park, a few blocks north of here but miles away culturally and socially.
I would do that because I have a good job that pays me a good income, and I'm terrible at finding work. The house is a pleasant five-minute drive from where I work.
I think my investment's pretty safe, since there is a horrible shortage of entry-level properties here. The shortage is real, and LA is a diversified enough economy so that I don't think that will change. Ironically enough, all the regulations I'm against that make it nearly impossible to build here are now supporting me as a homeowner.
D
To: daviddennis
You could argue it's poor value for money, but it's not a s---hole; it's just small. Sorry, my phrasing wasn't clear; I meant Woodland Hills, not your particular house. For that kind of money, the house had better be decent! And for that money, I hope it's near new, too.
Hope it works out for you, but I couldn't stand CA anymore when I left 9 years ago, and it's gotten a lot worse since then. If I didn't have some family still there to visit, I doubt I'd ever set foot in it again; zero desire to do so.
23 posted on
01/11/2004 9:19:17 AM PST by
Hank Rearden
(Dick Gephardt. Before he dicks you.)
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