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Well at least they worked for it. No handout please.  :) They have to pay employees and employees have to put food on the tables for their families. Greed...,? not really. They just do what they can, legally.

Quote from: OCtoSV on May 24, 2022, 01:01:22 PM today's $1.6M detached Irvine condos will be $1M in a year So I want to make sure that I have this correct. In Irvine Condo with 1.6 will drop to 1 million at about 1 year from now with 7% mortgage rate correct?

Insider sales over the last 12 months: 1. $TSLA: $25.5B 2. $WMT: $20.6B 4. $AMZN: $3.4B 5. $FB: $3.0B 6. $NVDA: $725M 7. $AAPL: $461M 8. $MSFT: $383M Not a single one of these companies has had an insider buy over the last 12 months.

I will take a wager on this with you, since you are very confident of the out come? You can layout the details and the amount and I could add to your proprositions. What do you say?

How much cash do any you think one should be in given where we are right now? 20%, 30% or more of your total portfolio or none at all and let it ride? Me, I am holding about 28% cash or cash-like. The way down is longer than I like it to be, I think this time around.

Get ready for the SP500 CRASH.

Now I see why Irvine Co is one of the most 50 valuable private holding company. Their residential rentals is off the chart.

Yupper, this is icing on the cake to boot.

We are all being troll by a bot, or bots... :) I DON?T SEE ANYTHING BAD HAPPENING TO THE HOUSING MARKET. No one is moving with a 3% mortgage. No one buying with a 6% mortgage.

Could buy in Garbage Grove for a nice discount. Close to Disney and Knott Berry and save some money on gas too. Wins wins. This Liars Loans hometown. He wins

Noooooooooo, you mean it.doesn?t go up FOEVAR? I thought, housing / real estate, and stonks only goes up. No one ever told me it could go down. Whowoulddaknow. :) :) :) Oh yes, it only goes up when the FED willing to buy anything and everything. :) :) :) And our government money helicopter is...

Yup, I share the same sentiments. But if any one have the guts to trade in this market and make money, let me know.

TGT is getting bloodbath. Would you buy here?

Agree with you on FCB. The imbalance of available home and duration of days on the market is still greatly favor sellers at this point. We still have too low of inventory.

My only fear is that inflation peaks here and rate going back down and pushing price higher. I want rate to go higher, that?s the only way to bring balance back.

If Liar Loans follow his predictions for Irvine. He would have been IN the MONEY right now. There's always next time..... Just keep on lovin' while you wait brah....You are not ready Liar Loans. By the time you ready, you are then not ready, because the ramp up in price will put you...

Ahhh, the love Liar Loans has for Irvine is undeniable. :) :) :) We love you too. ha ha...

@Soy, Government in a nutshell: Step 1: Create a problem Step 2: Promise a solution Step 3: Make problem worse Step 4: Blame other party Step 5: Distract people w/fear Step 6: Collect revenue Repeat. Govern, is the problem :-). How else would we get here, he he......

Best time to buy, is when you ready. You don't need anybody making a case for it, but you.

Housing imbalance is still savagely unhealthy. We still have too much overbidding going on and only will get worse unless much higher rate flows into the borrowing cost. Higher rate is the only thing that can put a lid on developer, builders and home investor on their asses.