[Porterville]

It all about location....location.... location....

Housing bubble? What on Earth are you talking about?

[TruthWillWin]

Bought my first home in Paso Robles in 1976 for $32000. Thought that was too much to pay for a home but wound up selling it for $43000 a year later when I was transfered.

Wonder what it would sell for now?

[Sybeck1]

We just signed a contract here in north Mississippi for a new 5 bedroom/3 bath, 2300 sqare foot home. $192,000 on a half acre.

[Bob J]

And the location is just about anywhere in CA.

Bought a new home in San Diego for about 1.2 in April '05, put about 200k into it and now it is worth over 2 mil.

[keithtoo]

It's nice to know that the Socialists who run CA are looking out for the blue collar worker.

[BunnySlippers]

And San Luis Obispo is in the netherlands. Far, far, far from the high priced cities.

[claptrap]

Excuse me but you and your house and however much it cost
and where its located mean squat, materialism is marxism
crawl back in your hole with your materialistic goon squad.
Life is about contribution not what you have.

[groanup]

I bought my first house for two dollars, $2.00, and sold it ten years later for 18 million. Am I exploiting the housing bubble?

[Old_Mil]

In other news, one out of every two houses sold in California today is sold with an interest-only mortgage.

[maine-iac7]

Bought a house in 73 in Santa Barbara County for $18,000 - sold it a year later for $40,000 - Now it's worth 600,000 - (Well, 'worth' is a relative term) and my house here in the north east, with 7 x's the land, mostly forest, and more space inside- I got for $70K in 91 - maybe up to only 130K now - but worth a hel*llva more to me than half the house, on a postage stamp lot, in the desert.