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Prism

(5,815 posts)
44. 1 bedroom house, $435k
Thu Jul 9, 2015, 09:38 PM
Jul 2015

In East Bay down the street from me. I actually looked at it, because I have good credit and thought, "mayyyybe . . . "

Newp. Smaller than my apartment.

These people are crazy.

Then they'll have a 30 year mortgage to look forward to. pa28 Jul 2015 #1
CNBC says: China has over $28 billion in US housing/property invesments. misterhighwasted Jul 2015 #2
I'm guessing most of that is in the Bay Area eissa Jul 2015 #5
Honestly That has been happening here in Dallas too. misterhighwasted Jul 2015 #8
What do they do with the properites? B2G Jul 2015 #10
rent them out shanti Jul 2015 #34
I have to say jamzrockz Jul 2015 #14
Funny you should mention Omaha. Nebraska Furniture Mart just opened. misterhighwasted Jul 2015 #55
Caliber Homes is listed on some on Zillow SoCalDem Jul 2015 #18
I doubt this bubble is going to last 30 years though. Starry Messenger Jul 2015 #3
Heck, the Big One will make things moot in about 30 seconds ... Auggie Jul 2015 #6
I'm in San Mateo County, but yeah. Starry Messenger Jul 2015 #7
+1,000 CountAllVotes Jul 2015 #27
People have no idea how strong an 8.0 can be ... Auggie Jul 2015 #30
Me too Countallvotes CrawlingChaos Jul 2015 #31
Was living on solid bedrock in the Richmond Dist. of S.F. at that time CountAllVotes Jul 2015 #33
I was in Cupertino for it B2G Jul 2015 #35
I left not long after that too CountAllVotes Jul 2015 #45
Of course you have the New Madrid Fault exboyfil Jul 2015 #52
Nope, now I'm in NC. B2G Jul 2015 #53
Actually... CrawlingChaos Jul 2015 #29
Shaking is just the beginning. Fire will be major, just as in 1906. Hills will not be immune. Auggie Jul 2015 #50
Well, it depends (I've given this way too much thought) CrawlingChaos Jul 2015 #58
What's scary is that their calculation for the Oakland MSA isn't much better Gormy Cuss Jul 2015 #28
It's gotten crazy over there too. Starry Messenger Jul 2015 #32
Don't live in the Bay Area? madville Jul 2015 #4
There are a lot of good jobs in the Bay area. pnwmom Jul 2015 #40
I'd rather make 60k in a cheap rural area madville Jul 2015 #41
The other issue is family. People who have grown up in an area like that and have family there pnwmom Jul 2015 #43
I've been to Florida. I'd rather live in Stockton. LeftyMom Jul 2015 #48
This is pretty stupid...who spends a cool million on their first home snooper2 Jul 2015 #9
Well, we didn't but we bought below market at a good time REP Jul 2015 #36
I assume it's a comment on the SF housing market. Igel Jul 2015 #11
What's the corresponding figure for L.A.? KamaAina Jul 2015 #12
Xposted to California group KamaAina Jul 2015 #13
Forget buying edhopper Jul 2015 #15
Quite true, and that's happening too in many metro areas. One brings on the other. n/t RKP5637 Jul 2015 #19
yes edhopper Jul 2015 #23
Thanks for posting this! This chart was the one on my mind! n/t RKP5637 Jul 2015 #26
The ones buying are more likely to have cashed in on selling their company n2doc Jul 2015 #16
California real estate is just insane Tatiana La Belle Jul 2015 #17
Too expensive for anyone outside tech to live there realFedUp Jul 2015 #20
Gilroy is only 30 miles from San Jose senseandsensibility Jul 2015 #22
Gilroy's expensive now too CrawlingChaos Jul 2015 #24
Gilroy?! haven't been there in decades. garlic capital..right? Liberal_in_LA Jul 2015 #46
Yep, that's the place CrawlingChaos Jul 2015 #47
Used to go to the Garlic Festival there B2G Jul 2015 #54
If one industry drives up the prices the other vocations in the area will either Nuclear Unicorn Jul 2015 #25
Money follows the people seveneyes Jul 2015 #21
That's what Munificence Jul 2015 #37
Hell yeah and thank you! seveneyes Jul 2015 #38
Ah man Munificence Jul 2015 #39
I hope to meet you and your kind off trail seveneyes Jul 2015 #42
1 bedroom house, $435k Prism Jul 2015 #44
You can get a small mansion for that price here in Texas. Rex Jul 2015 #51
Message auto-removed Name removed Jul 2015 #49
So? Why is this a big deal? NashuaDW Jul 2015 #56
Simple solutions for simple minds laundry_queen Jul 2015 #63
Here is how bad it is getting Lonusca Jul 2015 #57
For Pleasanton?!! CrawlingChaos Jul 2015 #59
We used to be Lonusca Jul 2015 #60
Apologies if I'm behind the times CrawlingChaos Jul 2015 #61
You're not behind Lonusca Jul 2015 #62
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