Originally posted by icormba:
I do not know one single person who has left this state just because of stupid retarded gun laws. And I can't figure out why traffic is even worse today than last year if millions are moving out? And why have house prices not gone down?
I do not know one single person who has left this state just because of stupid retarded gun laws. And I can't figure out why traffic is even worse today than last year if millions are moving out? And why have house prices not gone down?
Traffic is worse, in large part, due to the 2,000,000+ illegal aliens infiltrating CA on an annual basis. combine that with the sheer incompetence of the LA city government and you have a perfect recipe for the disaster we are facing.
House prices are so high most upper middle class can't even afford new housing. The main reason for the extreme jump here is the inability to build new housing. Where do you go besides the inland empire?
I do quite well, but I can't afford a 3 bedroom home in the bad side of town for $600+. My goal is to own several homes and use them for income. Can't easily do that here.
No, it's not just one thing, but it's a combination of many things. I truly feel pity for those who are myopic to the impending collapse in the housing and small-business sectors of the local economy. What happens in 4 more years when all of these interest only loans require interest + Principal. Foreclosure central.
All the best!
Jim
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