Posted on 06/09/2017 10:35:25 AM PDT by Oldeconomybuyer
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>> “ They have those big salaries in the Bay area and the LA basin and they fool themselves they make a lot of money. Their mortgages, taxes and cost of everything makes it all artificial.” <<
I have to agree, but I beat it by not moving very often.
Houses in our neighborhood sell for 20 times what I paid for ours in 1983.
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My brother has had his in the Bay area for almost 30 years. If the economy up there was not such a roller coaster he would have had it paid for and be in hog heaven. He might still cash out with a 500% bounty but he has to stay in the harness longer than he wants.
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Our house has been paid off for 16 years, and our ranch in the Sierra has been paid off for 15 years.
Can’t imagine making payments for anything anymore.
Californians need to accept the adage “you cannot fix stupid”
Californians need to accept the adage “you cannot fix stupid”
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