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  1. I

    How soon until Bitcoin crashes?

    There is a lot of truth to this. Next one on the list SOFI stadium.
  2. I

    INFLATION IS OUR FRIEND

    We won't repeat the mistakes of the 70's we have an entire new arsenal of mistakes to unleash this time.  :)
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    New Listing - Corte Bella Plan 2 detached condo @ Orchard Hills (101 Mustang)

    I am not suprise at all. Good to have many on hands to choose from. Sucks from a buyer perspective. We are very much still in an imbalance market. Does high rate even matter anymore? I guess it could be for high prize properties. I am thinking properties which exceed 4 millions or more. The...
  4. I

    Observations from the front lines of the Irvine housing market?

    Thanks God for less cash competition from one group. But still having tough time with other everyday buyers. I need rate to go to 10%. That should do it. Right?
  5. I

    Oil

    Sell low, buy high.  :), gotta help this economy somehow. :) :) :)
  6. I

    The Landing Tustin Legacy (Brookfield Residential)

    Park at the church nextdoor and cross over easy. Now the secret is out. You avoid a big mess.
  7. I

    The Landing Tustin Legacy (Brookfield Residential)

    Oh crap, if you think the Tustin Disctrict is congested now........
  8. I

    INFLATION IS OUR FRIEND

    It should be Sinko De Mayo
  9. I

    INFLATION IS OUR FRIEND

    Where is the whackamole. Oh equities market is where cinco de mayo
  10. I

    Observations from the front lines of the Irvine housing market?

    So 300 millions locked in their homes, is not true?
  11. I

    Observations from the front lines of the Irvine housing market?

    For all the talk about FCB buyers would eventually dump their homes and repatriates their dollars during financial crisis in their homeland, it won?t happen. The lock down in China is even more draconian than during the height of COVID lock down initial 2 years ago. Why is that not happening...
  12. I

    How low can we go? 30 yr fixed at 3.75% with no fees...

    The trend is your friend. Funny that you said that, because the last crash outside of Irvine was even much more severe. Look at Riverside, Chino, Rancho Cuca. of the % of peak and bottom. And compare that to Irvine. I believe in cycles, sure. You gotta have this works to clear out dead wood...
  13. I

    Dow?

    Wow, what a meltup yesterday. If you didn't do anything, your portfolio is still in the toilet by today.  :) What a nice run.
  14. I

    How low can we go? 30 yr fixed at 3.75% with no fees...

    I know some of these fools. As a matter of facts, two of them were my old neighbors. Leverage loans and zero down. And no income docs. Then my hair cut guy, owns 3 homes. That was the story of 07-09. These are real, I am not making it up. Today buyers, better show the MONEY.
  15. I

    Dow?

    This FED is weak. Inflation is at 9%, real number is surpass 15%, yet hiking 50 basis point. Powell still dovish and not even care for every day American priced out of everyday high cost. Let alone cost of shelters is at all time high. The market cheers evidence in his support for stock market...
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    Housing Analysis

    I dunno about fear, for me i would love Black Friday sale, wouldn?t you. But shelters is not like stocks or merchandises. You have 3 choices either homeless, rent or own. Homeless-any time you can attain this. Rent-very expensive in good schools district, or much cheaper in Garbage Grove where...
  17. I

    Housing Analysis

    If 20 % drop in Irvine, double that 40% in Garbage Grove where you from.
  18. I

    Housing Analysis

    PIPE DREAM....The cost of living will stay high, standard of living will go lower. WE the "FED", want high inflation to inflate away the debts of our sins..... Sorry American for the real truth...
  19. I

    Housing Analysis

    FED has no credibility, they've lost all of it, until they start acting, its all talk. It been that way for 13 years. So now they gonna start at all time high debts. Very believeable. Why so late? Hmmm, not believeable.
  20. I

    How low can we go? 30 yr fixed at 3.75% with no fees...

    CalBear switching from a shitty area, sorry, if I offend anyone, to a better area. And the trade off happen when both properties risen rapidly. He did himself well. You might see it correct in San Jose sooner from the much higher appreciation to date compare to Irvine. So I say NorCal might...
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