Housing depression in SoCal - Toyota Yaris Forums

yaris-me · 06-18-2009, 03:26 AM

The worst is yet to come.

http://www.youtube.com/watch?v=nzACs...107&feature=iv

http://www.youtube.com/watch?v=B0vDkwT2VlY&NR=1

http://www.youtube.com/watch?v=4hYt-qT-riM&NR=1

http://www.youtube.com/watch?v=JGwTy...eature=channel

http://www.youtube.com/watch?v=fCi11gUFGfU&NR=1

hachi-roku_fan · 06-18-2009, 07:32 AM

It's a buyers market?

cali yaris · 06-18-2009, 11:00 AM

^ but not enough buyers (with jobs) to make a difference.

yaris-me · 06-19-2009, 10:56 PM

Unemployment in CA is now at 11.5%. The state is talking about a pay cut.

http://www.businessweek.com/ap/finan.../D98TVDC80.htm

detroiter · 06-19-2009, 11:49 PM

You guys have nothing on Michigan. 22.5% unemployment rate with the average median house value being $6,000. Yes, that's a 6 with three 0's after it.

CDavis7M · 06-20-2009, 12:00 AM

If you are willing to pay for the property taxes you can get houses for free in Detroit, so I hear.

detroiter · 06-20-2009, 12:35 AM

I know that we did and I'm sure we still do, you can buy a house for $1 as long as you fix it up to standard housing code.

cali yaris · 06-20-2009, 01:04 AM

^ Find me a decent one; I'd probably buy it.

meanwhile.... housing prices rose 0.8% around here? that's kind of strange...

detroiter · 06-20-2009, 02:47 AM

There's seriously alot of beautiful houses in and around Detroit. Very unique in the architecture and alot of vintage homes. Gorgeous pieces of property, it's just the neighborhoods alot of them in are total crap and I wouldn't want to live there regardless if they cost only a dollar.

What's the average median price for a home in Cali right now? I'm sure it's no where near $6,000 or else people would be flocking like seagulls to the that state! lol

CDavis7M · 06-20-2009, 03:35 AM

Housing in SoCal has obviously dropped, but it's still more expensive after the drop than most of the country before the drop. But, I'm only comparing housing and property, SoCal is obviously more expensive because of all the other things beyond the property.

aeipee13 · 06-21-2009, 12:41 PM

those guys seems like BSers. i think they were in the area that burned a couple years ago and never got rebuilt. come on, they thought a screw driver was used to administer drugs. those guys were clowns.

06-18-2009, 03:26 AM	#1
yaris-me Learn to Relax Drives: 2007, Meteorite, LB Join Date: Dec 2008 Location: Anaheim, CA Posts: 2,070	Housing depression in SoCal The worst is yet to come. http://www.youtube.com/watch?v=nzACs...107&feature=iv http://www.youtube.com/watch?v=B0vDkwT2VlY&NR=1 http://www.youtube.com/watch?v=4hYt-qT-riM&NR=1 http://www.youtube.com/watch?v=JGwTy...eature=channel http://www.youtube.com/watch?v=fCi11gUFGfU&NR=1

06-18-2009, 11:00 AM	#3
cali yaris ULTIMATE View User's Garage Drives: 07 Yaris Turbo Join Date: May 2007 Location: Canoga Park, CA Posts: 14,859	^ but not enough buyers (with jobs) to make a difference. __________________ Micro Image forums, online store and shop are now closed. It was a great eight year run, but it was time to focus on other things. I'm still selling parts on eBay under micro*image seller ID and customers can still make requests for anything specific.

06-20-2009, 01:04 AM	#8
cali yaris ULTIMATE View User's Garage Drives: 07 Yaris Turbo Join Date: May 2007 Location: Canoga Park, CA Posts: 14,859	^ Find me a decent one; I'd probably buy it. meanwhile.... housing prices rose 0.8% around here? that's kind of strange... __________________ Micro Image forums, online store and shop are now closed. It was a great eight year run, but it was time to focus on other things. I'm still selling parts on eBay under micro*image seller ID and customers can still make requests for anything specific.

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06-18-2009, 07:32 AM	#2
hachi-roku_fan Drives: 1986 Toyota Corolla Join Date: May 2009 Location: South Gate Posts: 166	It's a buyers market?

06-19-2009, 10:56 PM	#4
yaris-me Learn to Relax Drives: 2007, Meteorite, LB Join Date: Dec 2008 Location: Anaheim, CA Posts: 2,070	Unemployment in CA is now at 11.5%. The state is talking about a pay cut. http://www.businessweek.com/ap/finan.../D98TVDC80.htm

06-19-2009, 11:49 PM	#5
detroiter Drives: 2008 Polar White LB Auto Join Date: Oct 2008 Location: Metro Detroit Posts: 1,238	You guys have nothing on Michigan. 22.5% unemployment rate with the average median house value being $6,000. Yes, that's a 6 with three 0's after it.

06-20-2009, 12:00 AM	#6
CDavis7M Drives: 1990 Supra Turbo Join Date: May 2009 Location: San Diego Posts: 46	If you are willing to pay for the property taxes you can get houses for free in Detroit, so I hear.

06-20-2009, 12:35 AM	#7
detroiter Drives: 2008 Polar White LB Auto Join Date: Oct 2008 Location: Metro Detroit Posts: 1,238	I know that we did and I'm sure we still do, you can buy a house for $1 as long as you fix it up to standard housing code.

06-20-2009, 02:47 AM	#9
detroiter Drives: 2008 Polar White LB Auto Join Date: Oct 2008 Location: Metro Detroit Posts: 1,238	There's seriously alot of beautiful houses in and around Detroit. Very unique in the architecture and alot of vintage homes. Gorgeous pieces of property, it's just the neighborhoods alot of them in are total crap and I wouldn't want to live there regardless if they cost only a dollar. What's the average median price for a home in Cali right now? I'm sure it's no where near $6,000 or else people would be flocking like seagulls to the that state! lol

06-20-2009, 03:35 AM	#10
CDavis7M Drives: 1990 Supra Turbo Join Date: May 2009 Location: San Diego Posts: 46	Housing in SoCal has obviously dropped, but it's still more expensive after the drop than most of the country before the drop. But, I'm only comparing housing and property, SoCal is obviously more expensive because of all the other things beyond the property.

06-21-2009, 12:41 PM	#11
aeipee13 DKDC Drives: Yarlet Join Date: Aug 2006 Location: los angeles Posts: 200	those guys seems like BSers. i think they were in the area that burned a couple years ago and never got rebuilt. come on, they thought a screw driver was used to administer drugs. those guys were clowns.