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Posted: Tue May 23, 2006 5:50 pm
by skoebl
Definitely move to SD....We is good peoples :laughing:


Btw, I would love to own a home in San Diego...but at the moment I am a poor student with no credit :frusty:

Oh well, in time. I just hope that when the time comes I make the right decisions... :roll:

Posted: Tue May 23, 2006 6:07 pm
by jmillheiser
Housing costs are part of the reason why I may be moving to Oregon this fall.

my employer is opening a new facility in Lebanon Oregon and I am thinking about transferring (would likely pick up a promotion for doing this too).

I have already done some looking at houses in this part of oregon. I can get a 3 bedroom house in that area in the low 100k range, the same house here would be around 200k give or take a few thou.

Posted: Wed May 24, 2006 5:28 am
by skoebl
jmillheiser wrote:Housing costs are part of the reason why I may be moving to Oregon this fall.

my employer is opening a new facility in Lebanon Oregon and I am thinking about transferring (would likely pick up a promotion for doing this too).

I have already done some looking at houses in this part of oregon. I can get a 3 bedroom house in that area in the low 100k range, the same house here would be around 200k give or take a few thou.
From what I've heard the screw you with the property taxes in Oregon. But other than that it's a gorgeous state (especially the coast).

Posted: Wed May 24, 2006 8:08 pm
by MrGompers
skoebl wrote:
jmillheiser wrote:Housing costs are part of the reason why I may be moving to Oregon this fall.

my employer is opening a new facility in Lebanon Oregon and I am thinking about transferring (would likely pick up a promotion for doing this too).

I have already done some looking at houses in this part of oregon. I can get a 3 bedroom house in that area in the low 100k range, the same house here would be around 200k give or take a few thou.
From what I've heard the screw you with the property taxes in Oregon. But other than that it's a gorgeous state (especially the coast).
I don't know if thats true in Oregon. But, if you don't own a house you don't pay property tax. Problem solved.

AFAIK, The New England states have the highest property tax rates in the country. Particularly, NH, MA, and CT.

Another thing if a state DOESN'T have a sales tax expect property taxes to be higher. (NH fits this mold perfectly)

Posted: Mon Jun 19, 2006 11:14 am
by TechTMW
Remember this thread?

Here we go .... Forclosures are up 38% this year. And that's from 2005, where foreclosures were up 56% from 2004.

http://abcnews.go.com/Business/wireStory?id=2093736
http://www.sun-sentinel.com/business/lo ... -headlines
http://www.jsonline.com/story/index.aspx?id=315969
TechTMW wrote: A mortage is basically a rental just like a ... well ... rental, in that IF you cash out on your equity, you never actually OWN the property. Same if you sell for a quick buck, and move on to another property. Now, I'm all for making a profit and the real estate market is a great way to do that, but I just think the stuff is overvalued. If the bubble pops, people with unsustainable mortgages will find out that it's really the bank's house, not theirs - or wake up one morning and find out that any equity they had in the house is now gone in a flash ...

Posted: Mon Jun 19, 2006 12:21 pm
by 9000white
the reason people buy these overvalued properties is they fall for all the hoopla about mortgage rates being lowest in 40 years.they dont even bother to add up what the final cost is--result bankruptcy--foreclosure.

Posted: Mon Jun 19, 2006 8:28 pm
by MrGompers
This news doesn't seem to be affecting house prices in Conn. As a matter of fact the prices keep rising. I'll wait for the crash and then buy. Crash should start when W leaves office.