I’m going to save this here for prosperity. This is a quote from me on 07/26/07.
What sucks here is if I move out of Orange County, I’m still paying 500,000-900,000 for a house.
The problem I see in LA/OC area is they build these HUGE houses with barely any front or back lawns. Talking 2000 sq foot plus places with 4+ bedrooms. They really pack these places in. So you are right up next to your neighbor. My wife and I just want a nice small house we don’t need something gigantic. Honestly the LA/OC market is built on greed. People want huge houses, tons of toys, and huge profits. I hate the market here… We’d move but all our family is here, and we just bought a business and I have a great job. I don’t understand how people our age afford this stuff, other then they are putting themselves in major debt.
We got approved for a mortgage, too bad nearly every house in Orange County that fits our current price range is a distressed property. This type of ridiculous shit is a joke. And now we, being smart taxpayers that didn’t want to get in over our head get screwed even more since the government has decided to bail out all the idiots that decided to do creative financing. $700,000,000… Not to mention my retirement fund has lost a bunch as of late.
