tag:blogger.com,1999:blog-18675105.post7475103990108318954..comments2023-12-30T10:06:37.450+00:00Comments on HousingPANIC - The Housing Bubble Blog with an Attitude Problem, 2005 - 2008: Psst. Hey Buddy. Wanna buy a condo in Phoenix? Only $600,000. OK, would you do 5? How 'bout 4? OK, 3 and you're killing me. No? OK, 2 it is.bloggerhttp://www.blogger.com/profile/06585266242070350399noreply@blogger.comBlogger67125tag:blogger.com,1999:blog-18675105.post-4151234928160483002007-12-11T03:34:00.000+00:002007-12-11T03:34:00.000+00:0035,000 IT IS BUT THAT WOULD MAKE THE TAX AND SPEND...35,000 IT IS BUT THAT WOULD MAKE THE TAX AND SPENDERS HAVE 20 TIMES LESS MONEY AND NOW THEY ARE COMPLAINING THAT THE BUDGET IS A BILLION OR TWO TWO HIGH AND THEY WILL HAVE TO GET MORE REVENUE FROM ..WHO..WHAT,,WHERE ...ECT ECT... NO WONDER THE REAL ESTATE INDUSTRIA;S AND MEDIA WERE THE POLITICALY CORRECT NOT THE SHEEPLE LEMMINGS ITS A HARD RAIN GONNA FALL.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-65946776768013283562007-12-09T22:23:00.000+00:002007-12-09T22:23:00.000+00:00$35k. Not a penny more.$35k. Not a penny more.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-7975096640811441182007-12-09T21:35:00.000+00:002007-12-09T21:35:00.000+00:00Take away the sign and it could be a picture of a ...Take away the sign and it could be a picture of a correctional facility!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-14106481585463424022007-12-09T14:12:00.000+00:002007-12-09T14:12:00.000+00:00or example my car registration in CA is $700 less ...or example my car registration in CA is $700 less than it was in AZ.)<BR/><BR/><BR/>WTF? My car registration in Texas is $70/yr for a new $35,000 car. <BR/><BR/>----------<BR/>Well good for fucking Texas. Most states charge registration based on a car's value. Drive a Lexus, pay $500. Drive a Civic, pay $100.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-25077540911868930762007-12-09T13:52:00.000+00:002007-12-09T13:52:00.000+00:00When did Tempe get so ghetto ?When did Tempe get so ghetto ?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-34082976221816401652007-12-09T13:12:00.000+00:002007-12-09T13:12:00.000+00:00Our schools here in Orange County are ranked highe...<I>Our schools here in Orange County are ranked highest in the nation. CA is the most populous state so it's a bit silly and ignorant to generalize.</I><BR/><BR/>Wanna look at the data, Frank? <BR/><BR/>It's possible Orange County is a fount of excellence. Newsweek rankings of the top public high schools in the country have Cypress come in at #8. It's the only representative from California in the top twenty, and it is in Orange County, I believe. <BR/><BR/>Dallas holds four of the top twenty spots. As a matter of fact, the top two public high schools in their rankings are in Dallas.<BR/><BR/>In all fairness, Dallas is slipping. They held five of the top twenty slots in 2006. <BR/><BR/>But hey, why bother with the facts, right???<BR/><BR/>Back to the beach, Frank, before you say something else stupid on this thread....That "quality California edumacation" isn't serving you too well.....Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-50270048434865888572007-12-09T10:42:00.000+00:002007-12-09T10:42:00.000+00:00WTF? My car registration in Texas is $70/yr for a ...<I><BR/>WTF? My car registration in Texas is $70/yr for a new $35,000 car. We pay no state income taxes and our schools are ranked higher than Clownifornia. Don't give me the excuses about illegals, because we have more of them than Arizona and probably as many as Clownifornia.<BR/></I><BR/><BR/>You sound to me like you are another apologist for illegals.<BR/><BR/>Secondly, your cat reg fees may not be that high, but your property taxes are about 3% of the assessed value as opposed to 1% in most states. Furthermore, the taxes in Texas can be recalculated at any time based on the homes re-assessed value as opposed to states like California where property taxes cannot go up more than 2% a year.<BR/><BR/>Enjoy paying for all the illegals, you liberal dumb ass!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-37271317153251763692007-12-09T10:24:00.000+00:002007-12-09T10:24:00.000+00:00I need to call Greg Swann and order two of these b...I need to call Greg Swann and order two of these beutys.<BR/>They remind me of pictures of Sarejavo, when the serbs were up in the hills surrounding the town, and bombarding the city with artillary.<BR/>Oh we've got a long long way to fall!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-67766864217359504492007-12-09T09:59:00.000+00:002007-12-09T09:59:00.000+00:00Seattle is the next condo implosion waiting to hap...Seattle is the next condo implosion waiting to happen.<BR/>There are thousands of new units coming on-line in the next year to add to the panicing flippers who bought pre-construction who are starting to flood the market with for sale units. The majority of all these new condos are being priced at 500K and up. All the realtors have been claming "its different in Seattle" because for up until summer this year, prices weren't correcting. But since mid-summer prices have started tanking and this past week, the median home price is down to what was seen in 2006 and its still heading lower.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-1061183216159137472007-12-09T09:28:00.000+00:002007-12-09T09:28:00.000+00:00WTF? My car registration in Texas is $70/yr for a ...<I>WTF? My car registration in Texas is $70/yr for a new $35,000 car. We pay no state income taxes</I><BR/><BR/>I have lots of friends in Texas (Houston, Austin, and San Antonio) and they're constantly bitching about their $1,000/month electric bills.<BR/><BR/>You're paying high taxes too, just in a different form. Don't kid yourself.Frank Rhttps://www.blogger.com/profile/07625929422222490759noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-7966376649828424752007-12-09T05:28:00.001+00:002007-12-09T05:28:00.001+00:00WTF? My car registration in Texas is $70/yr for a ...<I>WTF? My car registration in Texas is $70/yr for a new $35,000 car. We pay no state income taxes and our schools are ranked higher than Clownifornia. Don't give me the excuses about illegals, because we have more of them than Arizona and probably as many as Clownifornia.</I><BR/><BR/>No offense but you get what you pay for. I've been to every city in Texas -<BR/><BR/>Dallas & Houston: Dirty, ugly, crappy weather and Dallas is just as fake and pretentious as Scottsdale.<BR/>San Antonio: B-o-r-i-n-g<BR/>Austin: Pothead liberal hippies in sandals<BR/><BR/>You can keep it. I'll happily continue to pay extra to enjoy a high quality of life.<BR/><BR/>PS: Our schools here in Orange County are ranked highest in the nation. CA is the most populous state so it's a bit silly and ignorant to generalize.Frank Rhttps://www.blogger.com/profile/07625929422222490759noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-67139235748443999882007-12-09T05:28:00.000+00:002007-12-09T05:28:00.000+00:00I never thought they could possibly resurrect anyt...I never thought they could possibly resurrect anything as ugly as the old University Towers (are they still standing in Tempe?) as 600k condos.<BR/><BR/>I stand corrected.<BR/><BR/>At least the stucco'd styrofoam and chickenwire shitboxes out towards the county line have a yard, tiny though it is, and more than 2 bedrooms. It *almost* makes them look like a steal. (yeah...if I was outta my mind on crack....)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-53747970687159947072007-12-09T05:24:00.000+00:002007-12-09T05:24:00.000+00:00$6K property taxes for a condo WTF? I pay just a s...$6K property taxes for a condo WTF? I pay just a shade udner $4K for a 2600 sq ft home on 1.5 acres in suburban Atlanta that is assessed at $450K. And I think that is obscene. You're telling me a shitty-ass condo costs $2000 more in Phoenix? I find that very hard to believe.<BR/><BR/>I thought AZ was a low tax state. Either you are full of shit Keith or AZ has just earned the title of most overtaxed state in the country.<BR/>-----------------------------------<BR/><BR/>I think the math all works out. you pay just under $10 per assessed $1000. Keith is estimating those condos will be $10 per 1000 with the assessed value at 600k. Here in oregon I pay ~$12 per 1000 (we have no sales tax).Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-25766795779519459742007-12-09T05:19:00.000+00:002007-12-09T05:19:00.000+00:00OMG, the picture you used is from his listing! At...OMG, the picture you used is from his listing! At first I thought you had either used a) a photo of some other building or b) someone had sent in an actual photo.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-47231048596570225822007-12-09T05:00:00.000+00:002007-12-09T05:00:00.000+00:00for example my car registration in CA is $700 less...<I> for example my car registration in CA is $700 less than it was in AZ.)<BR/><BR/><BR/>WTF? My car registration in Texas is $70/yr for a new $35,000 car. We pay no state income taxes and our schools are ranked higher than Clownifornia. Don't give me the excuses about illegals, because we have more of them than Arizona and probably as many as Clownifornia.</I><BR/><BR/>AZ has some of the nation's highest car registration fees in the country. Beats the hell out of me why....had to pay $450 on a 25k car, I kid you not. The only time I paid less than $100 per year was when I had a '66 Impala (damn, I miss that car!), mainly because it was so old it qualified as a classic. <BR/><BR/>And don't get any Arizonan talking about the car insurance rates....that's even worse. With all the crappy drivers running red lights and the stolen cars ending up in Mexico, it's nothing to pay close to 10% of your car value in insurance each year.<BR/><BR/>Public transportation in Phoenix is a joke, too. You can't freakin' win there when it comes to your car.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-9275299866782053822007-12-09T04:33:00.000+00:002007-12-09T04:33:00.000+00:00Thank goodness Arizona allows you to carry a firea...Thank goodness Arizona allows you to carry a firearm!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-852020400537848302007-12-09T04:11:00.000+00:002007-12-09T04:11:00.000+00:00That condo looks like some shelled out building fr...That condo looks like some shelled out building from WWII.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-74789710089092540992007-12-09T02:13:00.000+00:002007-12-09T02:13:00.000+00:00Right on Dude, I am so mad about the way the press...Right on Dude, I am so mad about the way the press in not talking about this problem. Where are the foreclosures? The banks don't want to create a panic so they are not listing the properties. Because people would buy from the banks instead of the real estate agents. It would behoove the banks to open up to the general public the houses for sale. I personally told my bank to give me a foreclosure listing, and was told to go on line. It would be a win win situation all around.<BR/>Am I wrong in this thinking?<BR/>LMAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-56052167538102674802007-12-09T00:41:00.000+00:002007-12-09T00:41:00.000+00:00Sheriff Joe is looking for more space right? Thes...Sheriff Joe is looking for more space right? These would do.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-27145023533521773392007-12-09T00:25:00.000+00:002007-12-09T00:25:00.000+00:00Anonymous said... >>By the time everyone is done l...Anonymous said... <BR/>>>By the time everyone is done losing their shirt, I'll have enough money saved for a nice down payment.<BR/>December 08, 2007 3:09 PM<BR/><BR/>Better yet, you'll be able to buy a home OUTRIGHT in cash with your down payment money saved ;)Princess Mononokehttps://www.blogger.com/profile/11062180421571379213noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-85301019157238924252007-12-09T00:23:00.000+00:002007-12-09T00:23:00.000+00:00Anonymous said... >>$1000 a month in condo fees an...Anonymous said... <BR/>>>$1000 a month in condo fees and taxes? Are you high? Tax on that condo is maybe $2500 a year. Condo fees $250 at most. <BR/><BR/>Your point is well made, but no need to embellish the numbers.<BR/>December 08, 2007 2:28 PM<BR/><BR/>NOT here in Los Angeles, CA... HOA fees range from $150mo to $500mo.+ That is per MONTH. Our property taxes are 1.30% of the purchase price and can increase no more than 2% of the annual amount. INSANITY!!! People are paying through the nose and this does NOT include their mortgage.Princess Mononokehttps://www.blogger.com/profile/11062180421571379213noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-33058582096300464862007-12-09T00:18:00.000+00:002007-12-09T00:18:00.000+00:00OMG! There is an almost exact replica two blocks f...OMG! There is an almost exact replica two blocks from me... with HUGE banners hanging from the roof that use to read (Condo's selling for mid $500s) Now the banner's read (100% financing) and a new one added (Luxury Condo's).<BR/><BR/>They are not even mentioning the price so as to lure an unsuspecting fool thru their front doors! What a joke and very sad!<BR/><BR/>I'm thinking all of these overpriced condo complex's that are sitting empty will be converted to apartments.Princess Mononokehttps://www.blogger.com/profile/11062180421571379213noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-8003066783697667832007-12-08T22:51:00.000+00:002007-12-08T22:51:00.000+00:00I'm a graduate student at Arizona State University...I'm a graduate student at Arizona State University so I drive past this place several times a week.<BR/> <BR/>I cannot fathom who would seriously want to live in Tempe other than a broke college student. It has no redeeming qualities whatsoever.<BR/><BR/>The poster who mentioned the jets flying over is absolutely right. The Sky Harbor flight path goes right over this area. There is a nonstop stream of airliners buzzing by every 5 minutes all day long as they descend into the airport.<BR/><BR/>Mill avenue is a 24/7 freakshow. <BR/><BR/>The area is overrun with homeless people.<BR/><BR/>The Tempe town lake area is littered and full of construction sites.<BR/><BR/>And lets not forget about the city of Tempe's Draconian wrath on people who need to park cars. Leave your car in the wrong spot for 1 minute and the parking nazi will nail you. If only they put as much effort into cleaning up the city, busting drunk drivers, red light runners, road ragers, etc.<BR/><BR/>They can always turn this condo into a proxy dorm if the sales thing doesn't work.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-50168469458674131192007-12-08T22:30:00.000+00:002007-12-08T22:30:00.000+00:00Hillary in my view, is an American GoddessHillary in my view, is an American GoddessAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-15560113223324140342007-12-08T22:25:00.000+00:002007-12-08T22:25:00.000+00:00The picture reminds me of some failed late 90's co...The picture reminds me of some failed late 90's condo development from southeast asia.<BR/><BR/>Nothing says glitz like a tree growing on the fifth floor.Anonymousnoreply@blogger.com