To: LibertyFound
The future of California will be with rentals, California's homeownership will remain stagnant for the next decade. Link: http://www.doctorhousingbubble.com/california-future-will-be-with-renters-and-rental-household-formation/ Plus I would not be surprised if a large percentage of current homeowners in California have a mortgage on a California home at California home prices and are not financially ready for the next economic downturn that effects real estate. Example here is what $500,000 will get you in Santa Ana:
2518 W Stanford St, Santa Ana, CA 92704 4 beds 2 baths 1,024 sqft
To: CharlesMartelsGhost
My cats have more space than that.
To: CharlesMartelsGhost
Can you imagine spending $500,000 for a home in Santa Ana of all places?
Wowza...
Check this, looks like a 60 year old home in COMPTON for $450,000...lol.
Who in hell is going to spend that kind of money for a home in Compton?
35 posted on
02/19/2018 11:26:48 AM PST by
dragnet2
(Diversion and evasion are tools of deceit)
To: CharlesMartelsGhost
probably worth $120K in Wisconsin.
39 posted on
02/19/2018 11:29:12 AM PST by
PIF
(They came for me and mine ... now it is your turn ...)
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