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Saarang
Hero Username: Saarang
Post Number: 18229 Registered: 06-2012 Posted From: 66.25.5.81
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, October 24, 2018 - 11:50 pm: |
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Biggboss: median sale price could be lower because of the smaller sft may be median sft price would give the right idea?
yeah koncham noise untudhi le like age of the house, sft variation but its biggest drop in many markets since the last recession. |
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Bushu
Hero Username: Bushu
Post Number: 15135 Registered: 04-2009 Posted From: 146.115.100.52
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, October 24, 2018 - 11:48 pm: |
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Lenin:Read capital in 21st century from Thomas Piketty
most of his stuff has been debunked. idhi unchu - https://www.imf.org/en/Publications/WP/Issues/2016/12/31/Tes ting-Pikettys-Hypothesis-on-the-Drivers-of-Income-Inequality -Evidence-from-Panel-VARs-44165 and https://blogs.wsj.com/economics/2016/08/05/no-empirical-evid ence-for-thomas-pikettys-inequality-theory-imf-economist-arg ues/ Taleb aithey left and right eskunnadu chala sarlu. no one takes piketty seriously anymore |
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Biggboss
Side Hero Username: Biggboss
Post Number: 5955 Registered: 08-2017 Posted From: 24.6.111.180
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, October 24, 2018 - 11:46 pm: |
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Saarang:Look at the median sale price in the chart...it dropped from 2.3M to under 2 Million now.
median sale price could be lower because of the smaller sft may be median sft price would give the right idea? |
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Lenin
Hero Username: Lenin
Post Number: 18047 Registered: 08-2014 Posted From: 103.253.93.33
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, October 24, 2018 - 11:43 pm: |
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Read capital in 21st century from Thomas Piketty USA inequality level is at a rate equivalent to apartheid times... capitalism's new avatar is called consumerism now a days Guntur, Hyderabad, Andhra, Telangana, Tamilnadu, Karnataka first....India last!!! |
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Saarang
Hero Username: Saarang
Post Number: 18228 Registered: 06-2012 Posted From: 66.25.5.81
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, October 24, 2018 - 11:37 pm: |
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Biggboss: was looking at Trulia trends and I don't see a decline in home prices yet https://www.trulia.com/real_estate/Cupertino-California/mark et-trends/
Look at the median sale price in the chart...it dropped from 2.3M to under 2 Million now. Year over year 2.8% ante market has dropped in the last few months. yoy trends will show a decline later. |
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Bushu
Hero Username: Bushu
Post Number: 15133 Registered: 04-2009 Posted From: 146.115.100.52
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, October 24, 2018 - 11:26 pm: |
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Biggboss:was looking at Trulia trends and I don't see a decline in home prices yet
they are lagging indicators. rising interest rates are definitely one reason. no blockbuster IPO or liquidity event for tech cos in the last 3 months. anaplan and survey monkey are small ones. |
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Biggboss
Side Hero Username: Biggboss
Post Number: 5954 Registered: 08-2017 Posted From: 24.6.111.180
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, October 24, 2018 - 11:11 pm: |
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Bushu:right in cupertino. haven't seen reports, friends in market info. koncham exaggeration undochemo le gaani, houses that would sell in a day are on market for two to three weeks. 2.4 mil ki list aina house recent gaa went for 2.25 after 3 weeks. just few months back, would have gone for 2.6 easy ..
could be a one off case was looking at Trulia trends and I don't see a decline in home prices yet https://www.trulia.com/real_estate/Cupertino-California/mark et-trends/ may be the number of days on the market has increased because of the rising interest rates |
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Biggboss
Side Hero Username: Biggboss
Post Number: 5953 Registered: 08-2017 Posted From: 24.6.111.180
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, October 24, 2018 - 11:09 pm: |
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Bushu:. even fremont when I was around was just OK, now crazy. only mission boulevard used to be expensive with persian money. now everything's outrageous.
Fremont is a beast now, considering it's close to Palo Alto, San Mateo and you can take BART to SF and also people who got priced out in San Jose and Santa Clara moved to Fremont. FB and other big techies rented 754k sft space in Fremont (near Dumbarton and 880), this location is just on the other side of FB palo alto office Apple, FB, Netflix, Genentech pretty much all the companies run their shuttle services from Dublin, Pleasanton, Fremont this accelerated the growth in the above areas https://www.sfchronicle.com/business/article/Facebook-leases -more-space-in-Fremont-12995606.php |
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Bushu
Hero Username: Bushu
Post Number: 15128 Registered: 04-2009 Posted From: 146.115.100.52
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, October 24, 2018 - 11:04 pm: |
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Biggboss:Where did you see -5% correction in Bay Area? Can I get the source?
right in cupertino. haven't seen reports, friends in market info. koncham exaggeration undochemo le gaani, houses that would sell in a day are on market for two to three weeks. 2.4 mil ki list aina house recent gaa went for 2.25 after 3 weeks. just few months back, would have gone for 2.6 easy .. |
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Biggboss
Side Hero Username: Biggboss
Post Number: 5952 Registered: 08-2017 Posted From: 24.6.111.180
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, October 24, 2018 - 11:01 pm: |
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Bushu:things have cooled down in the bay area. -5% aindhi.
Where did you see -5% correction in Bay Area? Can I get the source? |
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Bushu
Hero Username: Bushu
Post Number: 15126 Registered: 04-2009 Posted From: 146.115.100.52
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, October 24, 2018 - 10:50 pm: |
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Sannayi_nokkulu:recent visit lo telsindi inkoti commute unna sare konchem suburbs ki velthe 500k ki super illu set cheskonnadu maa frd 2 homes one rented he works from home all time....even if 2 days SFO lo office kii poina i think its worth it
okapudu livermore, pleasanton atlaa undevi. ipudu avi kooda fast getting expensive. but market is undergoing correction. things have cooled down in the bay area. -5% aindhi. inkaa authadhi. not big time like florida in 2008 but koncham untadhi. |
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Bushu
Hero Username: Bushu
Post Number: 15125 Registered: 04-2009 Posted From: 146.115.100.52
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, October 24, 2018 - 10:48 pm: |
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Biggboss:Cupertino - it's not really a suburb
have many friends there. myself got out at the wrong time. bad call. most doubled their investments in 7 yrs. it was a suburb le. ippudu lines blurred. even fremont when I was around was just OK, now crazy. only mission boulevard used to be expensive with persian money. now everything's outrageous. |
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Sannayi_nokkulu
Legend Username: Sannayi_nokkulu
Post Number: 30625 Registered: 06-2014 Posted From: 73.236.194.83
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, October 24, 2018 - 10:43 pm: |
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Bushu:
recent visit lo telsindi inkoti commute unna sare konchem suburbs ki velthe 500k ki super illu set cheskonnadu maa frd 2 homes one rented he works from home all time....even if 2 days SFO lo office kii poina i think its worth it sachipotava , avineethi ga batukutava okkate option ante alochinchakunda chachipotaa ane type cbn - OT
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Biggboss
Side Hero Username: Biggboss
Post Number: 5951 Registered: 08-2017 Posted From: 24.6.111.180
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, October 24, 2018 - 10:43 pm: |
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Bushu:south san jose, cupertino, 1200 sft house on a 5000 sft lot, min 1.9 mil
Cupertino - it's not really a suburb lot of startups, and Cupertino has best schools in california, half of the high school kids end up in Berkeley, Stanford and other good colleges most of the junior high and high school kids run NGO's and there are kids who started companies in their teens |
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Sannayi_nokkulu
Legend Username: Sannayi_nokkulu
Post Number: 30624 Registered: 06-2014 Posted From: 73.236.194.83
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, October 24, 2018 - 10:41 pm: |
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Bushu:1200 sft house on a 5000 sft lot, min 1.9 mil
nakenduko calif peru inte mars la anipistundi sachipotava , avineethi ga batukutava okkate option ante alochinchakunda chachipotaa ane type cbn - OT
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Bushu
Hero Username: Bushu
Post Number: 15121 Registered: 04-2009 Posted From: 146.115.100.52
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, October 24, 2018 - 10:32 pm: |
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south san jose, cupertino, 1200 sft house on a 5000 sft lot, min 1.9 mil out of the world. SF city aithey inka na bhootho. at least in the city ani saripettochu. dheenamma burbs lo aa rates crajee |
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Biggboss
Side Hero Username: Biggboss
Post Number: 5950 Registered: 08-2017 Posted From: 24.6.111.180
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, October 24, 2018 - 10:21 pm: |
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Aggipidugu116:We should stop worry abt left leaning states..and leftards..
Yep left leaning states are begging you to come and work for the Fortune 100 companies kiki |
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Bushu
Hero Username: Bushu
Post Number: 15115 Registered: 04-2009 Posted From: 146.115.100.52
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, October 24, 2018 - 10:17 pm: |
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as usual, thellollu were smart and moved out first. to oregon, arizona and texas. immigrants got sucked in. beautiful weather and families make people stay there. but unless your household income is min 400K, cannot live in the bay area. |
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Aggipidugu116
Side Hero Username: Aggipidugu116
Post Number: 4599 Registered: 07-2014 Posted From: 71.121.232.216
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, October 24, 2018 - 10:16 pm: |
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We should stop worry abt left leaning states..and leftards.. |
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Thokkalohdi
Hero Username: Thokkalohdi
Post Number: 15168 Registered: 01-2008 Posted From: 24.5.236.139
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, October 24, 2018 - 09:29 pm: |
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really really high costs Caste: Shudra, Sub-caste: Software , Sub-sub-caste: nri Kula daivam: satyam raju |
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Thokkalohdi
Hero Username: Thokkalohdi
Post Number: 15167 Registered: 01-2008 Posted From: 24.5.236.139
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, October 24, 2018 - 09:28 pm: |
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yeh.. i feel like leaving this place and run away Caste: Shudra, Sub-caste: Software , Sub-sub-caste: nri Kula daivam: satyam raju |
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Jeffa
Comedian Username: Jeffa
Post Number: 1875 Registered: 10-2012 Posted From: 216.113.160.70
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, October 24, 2018 - 08:09 pm: |
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Even within CA itself, its very unequal across the regions. Top is SF bay area, then LA, then goes San Diego and finally Sacramento. Oh!! BTW, within SF Bay Area, wealth is located in few areas (San Jose, SF, Palo Alto etc..) Oakland, even further east, its not good wealth though. |
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Rockfire
Junior Artist Username: Rockfire
Post Number: 926 Registered: 03-2014 Posted From: 172.56.42.194
Rating:  Votes: 3 (Vote!) | | Posted on Wednesday, October 24, 2018 - 05:56 pm: |
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https://thehill.com/opinion/finance/412928-middle-class-is-d isappearing-in-california-as-wealth-gap-grows CA is becoming like Indian economy. 1. Middle class disappearing 2. Huge gap between rich and poor 3. Staggering amoutns spent on education admin |