Comments on: How Many People Overpaid for Their Home in Los Angeles County? Trying to get a Raw Number of Households Underwater. http://www.doctorhousingbubble.com/how-many-people-overpaid-for-their-home-in-los-angeles-county-trying-to-get-a-raw-number-of-households-underwater/ How I Learned to Love Southern California and Forget the Housing Bubble Wed, 17 Mar 2010 11:59:37 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: REBECCA http://www.doctorhousingbubble.com/how-many-people-overpaid-for-their-home-in-los-angeles-county-trying-to-get-a-raw-number-of-households-underwater/comment-page-1/#comment-33461 REBECCA Fri, 20 Feb 2009 00:25:44 +0000 http://www.doctorhousingbubble.com/how-many-people-overpaid-for-their-home-in-los-angeles-county-trying-to-get-a-raw-number-of-households-underwater/#comment-33461 I am in the business of helping homeowners reduce their property taxes if they are underwater. Are these records available to anyone and how would I be able to reach these people? I am in the business of helping homeowners reduce their property taxes if they are underwater. Are these records available to anyone and how would I be able to reach these people?

]]> By: aer http://www.doctorhousingbubble.com/how-many-people-overpaid-for-their-home-in-los-angeles-county-trying-to-get-a-raw-number-of-households-underwater/comment-page-1/#comment-18845 aer Mon, 23 Jun 2008 20:43:29 +0000 http://www.doctorhousingbubble.com/how-many-people-overpaid-for-their-home-in-los-angeles-county-trying-to-get-a-raw-number-of-households-underwater/#comment-18845 totally agree with you totally agree with you

]]> By: don oc http://www.doctorhousingbubble.com/how-many-people-overpaid-for-their-home-in-los-angeles-county-trying-to-get-a-raw-number-of-households-underwater/comment-page-1/#comment-16686 don oc Sat, 31 May 2008 21:18:53 +0000 http://www.doctorhousingbubble.com/how-many-people-overpaid-for-their-home-in-los-angeles-county-trying-to-get-a-raw-number-of-households-underwater/#comment-16686 Government will slowly inflate to have wages meet prices. Not only for the sake of housing, but national debt and outstanding obligations (medicare, social security). This will probably take 10-15 years. For example, if you salary is 100K now, in 10 years it will probably be 200K. I will leave to someone with crystal ball to say how much a loaf of bread or gallon of milk will be. But I guarantee that you will be poorer with this 200K than you are today with 100K. Another reason for this is that anyone who can remotely have a home - has one (or 2 or 3). There is not much need for lower prices for those outstanding renters, and there is much need to inflate - not just for housing sake. So prepare for 10 years (at least) of hawkish inflation. There will be no precipitous drops because of foreign holders, but rather steady increase of money supply (beyond the actual need), with dollar going up and down, but in general going down. Government will slowly inflate to have wages meet prices.

Not only for the sake of housing, but national debt and outstanding obligations (medicare, social security).

This will probably take 10-15 years. For example, if you salary is 100K now, in 10 years it will probably be 200K. I will leave to someone with crystal ball to say how much a loaf of bread or gallon of milk will be. But I guarantee that you will be poorer with this 200K than you are today with 100K.

Another reason for this is that anyone who can remotely have a home – has one (or 2 or 3). There is not much need for lower prices for those outstanding renters, and there is much need to inflate – not just for housing sake.

So prepare for 10 years (at least) of hawkish inflation. There will be no precipitous drops because of foreign holders, but rather steady increase of money supply (beyond the actual need), with dollar going up and down, but in general going down.

]]> By: cindy http://www.doctorhousingbubble.com/how-many-people-overpaid-for-their-home-in-los-angeles-county-trying-to-get-a-raw-number-of-households-underwater/comment-page-1/#comment-16587 cindy Sat, 31 May 2008 03:06:44 +0000 http://www.doctorhousingbubble.com/how-many-people-overpaid-for-their-home-in-los-angeles-county-trying-to-get-a-raw-number-of-households-underwater/#comment-16587 Hi All, Until the average person/couple can buy the average house and make the payments relatively comfortably, we cannot call bottom. That, of course, is assuming that the gov't keeps their hands off things. With the budget in California looking anything but rosy, jobs disappearing and the cost of living going up across the board I dont see much in the way of a rosy future for housing, the economy, or jobs. What can be done? I sure don't have any answers. Hi All,
Until the average person/couple can buy the average house and make the payments relatively comfortably, we cannot call bottom. That, of course, is assuming that the gov’t keeps their hands off things. With the budget in California looking anything but rosy, jobs disappearing and the cost of living going up across the board I dont see much in the way of a rosy future for housing, the economy, or jobs. What can be done? I sure don’t have any answers.

]]> By: gael http://www.doctorhousingbubble.com/how-many-people-overpaid-for-their-home-in-los-angeles-county-trying-to-get-a-raw-number-of-households-underwater/comment-page-1/#comment-16524 gael Fri, 30 May 2008 17:00:22 +0000 http://www.doctorhousingbubble.com/how-many-people-overpaid-for-their-home-in-los-angeles-county-trying-to-get-a-raw-number-of-households-underwater/#comment-16524 AnnScott: I totally agree with you. No way will things turn around this summer. My friends and neighbors are delusional as is every homeowner I know. I wish I could say incomes will rise but see no evidence of that. What I do see is employers tightening their belts looking for ways to cut expenses and we all know what that means. More outsourcing, more work and responsibility for less money, and fewer benefits. It's going to be tough for businesses and individuals. Our economy is in a downward spiral and will be for quite some time. It's gonna hurt everyone. I'll prolly lose out soon as well even though I'm a renter and a saver. There's a proposal to get rid of rent control on the ballot next week disguised as an imminent domain issue that will probably pass which will suck not only for me but for many of the elderly folks in my neighborhood who live on fixed incomes. So no matter how insulated one may think they are, it seems like no one is really untouchable. AnnScott:
I totally agree with you. No way will things turn around this summer. My friends and neighbors are delusional as is every homeowner I know. I wish I could say incomes will rise but see no evidence of that. What I do see is employers tightening their belts looking for ways to cut expenses and we all know what that means. More outsourcing, more work and responsibility for less money, and fewer benefits. It’s going to be tough for businesses and individuals. Our economy is in a downward spiral and will be for quite some time. It’s gonna hurt everyone. I’ll prolly lose out soon as well even though I’m a renter and a saver. There’s a proposal to get rid of rent control on the ballot next week disguised as an imminent domain issue that will probably pass which will suck not only for me but for many of the elderly folks in my neighborhood who live on fixed incomes. So no matter how insulated one may think they are, it seems like no one is really untouchable.

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