What's even crazier is 150k for a DOWNPAYMENT. A mexiCANT could barely dream up a 150k home/property much less a downpayment of 150k on what? A million dollar shack?!
General Californians how do feel about this
- Thread starter kvr28
- Start date
there are plenty of homes available in socal that can be bought for under 1m. for example, 150k is 20% of 750k. which means their loan is around 600k. if they don't mind living a bit inland their are plenty of homes in that price range.
here you go, whittier, plenty of Mexicans there.
Oh, I knew it was fact it just seems insane coming from where I live(TX). That's a decent apartment here and not even close to 4k a month.
I know its a huge waste of tax dollars but I doubt they are doing the illegals any favors in that scenario. Putting them in households they clearly can't afford.
well, you've made a decision in your life to live where you live and invest heavily in your family, your community and your environment. luckily for you that community/environment that you live in housing is insanely cheap. not to sound like a dick, but people aren't bending over backwards and moving heaven and earth to live there. if they were property values would skyrocket.
the problem/benefit of living in socal is it truly is one of the few places in the world where you can make no money one month and in 90 days make 250-300k if you meet the right people. I've seen it happen time and time and time again.
so when said person clocks 300k in 3 months, then 500k in another 3, dropping 500k on a house just goes with the territory.
however, not everyone gets "lucky" and they spend years trying to strike it rich, only to move after 10-15 years back to where they came from talking about how it's impossible to make it in socal.
there's a middle ground in socal, but no one wants to put in the time and effort like they did up until the 2010s.
I get that brother, just saying the prices are so foreign to me, I can't wrap my brain around paying that. Obviously the life we led is not the norm.
that was long beach down off of anaheim and Atlantic for me back in the early 90s. wild shit lol
honestly, you'd find success wherever you lived. i have no doubt if you moved to CA you'd be a millionaire multiple times over in a few years out here. then you'd be saying the same about socal...lol
LOL. That was my second time getting shot at. LB for a white boy….Used to get pulled over for driving while white in Compton.
LOL BRO
i graduated high school in 1996. the crane and rigging company company my dad worked for the entire time i went to school was in paramount, on the border with compton.
i think the second time i drove there to pick something up for him, using a thomas guide, i ended up missing my turn and ended up on alondra and long beach blvd.
i stopped at a gas station to ask for directions and a very nice old black man said "son, get back in that car and go back the way you came, this ain't the place for you..."
and that was first experience as a peckerwood from HB making a wrong turn and ending up in compton. didn't go back for probably a decade. never missed my turn again...lol
This home is a tear down but the neighborhood is probably too shitty to justify the costs of building.
Lol, awesome
all of the information available says you're wrong, but ok.
it's fascinating reading comments from people that don't eat, sleep and breath a particular industry comment on it as if they know what they're talking about.
people are comfortably buying these homes, literally every day. and when rates drop they'll refi and save a ton of money and gain the equity from the increased sales prices in their neighborhood.
Sounds oddly familiar. It’s always the old people who watch out for things that don’t belong.
Sounds like we are near the same age. I graduated in 97. I even went to sowers in 6th grade. I also lived by the wave behind Olive Garden on Beach and Warner. Still remember that arcade. I remember the fights across the street at that park. HB Hardcore.LOL
Such a different time to grow up.
lol yep. went to moffett/sowers/edison as a kid.
completely different world compared to today.
no pmi if you put 20% or use a VA loan. it would be around 3100/month
rarely, if ever, are people putting down the minimum.
besides, most sellers agents don't recommend those offers. if you have 5 offers on a home they're going to recommend their client take the most solid offer. and 9 times out of 10 it's the offer with the largest down payment.
besides, most sellers agents don't recommend those offers. if you have 5 offers on a home they're going to recommend their client take the most solid offer. and 9 times out of 10 it's the offer with the largest down payment.
there are 100s if not 1000s of people trying to buy homes in socal every month putting a minimum of 20% down.
Just a few years ago the dems were proposing to give every illegal $250k-$500k. They are working their way back to that in baby steps. The state is a wasteland for spending. Newsom went from a $98B surplus to a $45B (and rising) deficit.