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Looks who?s speaking. I feel really sad for you, my friend.

The declining in a 20 % YOY increase, WTF is LL smokin'? What planet are you looking at?

He only has good news for Irvine.

Long term renting is suicidal, at this point the renters are locked out of the ownership. So, how is rent going to drop when more renters coming on queues. I got it, go to Idaho, Texas, or Florida for more apartments, right? Better check your renters rate there before you go. Owning is not for...

A whopping 4 dollars. I can?t even buy a happy meal with 4 dollars. I can?t even get a Big Mac with 4 dollars. Huge saving there.

Could 6 % CPI be the new 2 % in the past decades? Higher inflation is the way to erode government debts. Let's not forget we are at 130% GDP and to lower to debts we need higher inflation to slowly work off the massive government borrowed.

Agree, it will be a miracle if we drop to 4-5 % inflation by the end of the year. If we directly involve in a shooting war with China/Russia or any of the foes where a few of our missles from one of our Nuke Sub lauches, we will have panic like we have never seen. That would do it and it still a...

This is devestating. https://twitter.com/ianbremmer/status/1563580127123890181?s=10&t=zK6PdZAFPAoPJG81DoI6Ow

In the last 2 1/2 years 5 Trillions fiscal stimulus, 5 Trillions financial stimulus = 10 Trillions added to the economy. But its not just covid panic giveaway. Its has been for the last decade and more of quantative easing, money printing, and historic suppress low rate that bring us to where we...

Ha ha, this is true. If we hit a 8 or higher on the scale, you bet there will be major disruption to ultilities services. Now I am really thinking if it is all that good with EV.

After missing the run up, the next best thing is to trash the shit out of it. Hope and pray for crash and burn and pick up some decent investment. While, that could be one strategy, it is bad strategy. I don't think the intention is the same as IrvineRenter when he forewarn TI the 2008 crash...

WHO DO YOU THINK OWNS THE FED? There is your answer.

Zero inflation in July??.makes me laugh so hard. Either , they are not shopping, eating, or sheltering. Like I said, all politicians, ALL, are self serving.

Nicely done. You work your magic again. https://youtu.be/B_scFjd2pSI Ha ha. Congrat

I went to builder surplus in Tustin and inventory build up nicely as more homeowners put off or not in the mood to change out their kitchen vs 6 months ago, as people are watching their pockets much more closely. There were, many good units that were floor display that is now mark down...

The best bet is to have an open and honest discussion with your land lord. Tell them to reconsider lowering the rate of increase since you are a good tenants and been paid on time and taking good care of the property. The math and current housing situations is in favor of land lord for along time.

We will get back to boring. The hot run is over and now, housing will be  a place to live, a home. I don't mind it getting boring. FWIW, it was one hell of a run. The shinny pool and all those cool upgrades in a house are still things nice to have, at the end of the day, we all need a roof over...

Listing it is one thing. You gotta have someone sign the dotted line is another. Irvine doesn't have snow. Or ski lifts.

San Jose housing??KABOOMM

On a shorterm rental month to month, listing can fetch quite a high price. I rented a house in Mammoth for a month and paid 18K for it. This is a ski and outdoor vacation location. In Irvine, there is enforce code for the city to restrict short term rental for less than 30 days. Although it is...