Just want to say hi.

[bsman]

I think the bubble is about to pop. More people are leaving California than there are coming, and there are a lot of empty appartments now, Rent is starting to fall.

Same story for me. My little 1300 sq ft. house is worth $1 million, but I can't fathom why. I paid $500K for it 11 years ago, but I used the equity of the sale of my first home I bought in 2003 for $360K for the down payment. We refied in 2020 when the rates went below 3%, and that has helped a lot when it comes to affordability.

Drove us out of Silicon Valley and is driving my daughter and her husband to Minneapolis. I loved Santa Clara, but it's so hard for young people to make it there these days!

 

[cuffdc]

I think the bubble is about to pop. More people are leaving California than there are coming, and there are a lot of empty appartments now, Rent is starting to fall.

Same story for me. My little 1300 sq ft. house is worth $1 million, but I can't fathom why. I paid $500K for it 11 years ago, but I used the equity of the sale of my first home I bought in 2003 for $360K for the down payment. We refied in 2020 when the rates went below 3%, and that has helped a lot when it comes to affordability.

California's population is still growing, but very, very slowly now. Almost negligible for the overall population in the state.