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Hi Christine – and all,
I figured I’d post this here as it looks like this forum is essentially moribund.
Thanks Christine for being so consistent posting here. I stopped doing ebay maybe five years ago and I’m just about to get back into it, hopefully in a decently serious way. It’s seems generally the same, but what should I know about what has changed? What are some other good (or hopefully great) forums and sources of information people are going to these days?
– Cheers to everyone keeping this place alive. 😉
workhorse –
Sounds like a minefield. Yeah, if OR isn’t the place of choice for Californians anymore, I’d hate to see what it would be like if it was…Like I said, we’re flooded with Californians. In the old days, people used to have bumper stickers that said, “Don’t Californicate Oregon.” Too late for that now. Not that I’m a hater per se. My family moved to OR from California when I was a tot, but that was more of a hippy invasion that, for the most part, made things better, e.g., healthier food, organic farming, music shows, cool little businesses, etc…It was also happening on a much smaller scale. The anti-Californian sentiment was real though and at first my mom had a hard time getting a job when they learned she was from California.
workhorse –
I remember visiting Oakland and Richmond before gentrification – well SF too of course…Crazy days…
I’m surprised you can save that much money on rent going anywhere in CA. These days in OR, every other license plate says CA…
Or at least everyone is being “encouraged” to be a real estate investor… 😉
Thanks Sharyn –
Very nice of you to take the time. I’m not sure how comfortable I am with the foreclosure route, but I’m not ruling anything out.
Thanks for the rec Zach. I’m assuming you mean KS not MO…
Just did a quick look. Saw some cool craftsman houses. Things are cheaper there at the moment. Was hoping property taxes would be a bit lower – of course they were up until the last couple of years…
Yeah, everything is skyrocketing so fast it’s looking better and better to stay put, but I’m still looking, so everyone can feel free to keep the recs coming. The more the merrier.
What do you like about living there?
All hail Ruritania!
And Patel and her thugs are about to ok the extradition of Assange…
Of course the shit show of utter corruption and contempt you refer to is distracting most from the fleecing, which includes the continuing privatization of NHS, etc…
Oh man, it hurts…You do not want to end up like us…but, as the empire goes, so goes the rest of the world…
Ok, enough. I’m stopping myself. 😉
Jay and Mark –Â Yes, I’m aware of those takes. I guess my point is, nobody knows.
Yes Antique Frog, I imagine we’re essentially on the same page…
Not only have our corporate overlords not stopped investing in scams like wework and theranos, they’ve doubled down. Web3 is here…
Started watching the tv show about theranos. I won’t go a review, but it does paint a picture…
I think I might owe you a reply from a long time ago. I will have to look for that…
Around that time I had hoped to be a bit more active here, but life intervened in, well, to be vague, many extreme ways. I am again hoping to be able to spend a little more time here, but we’ll see…
For more big picture (and detailed) information about high finance, the housing crisis, and many other topics, I highly recommend this multi-part interview of Bill Black by Paul Jay:
Hope all is well in Dear Old Blighty – I mean personally, because we know all is not well otherwise… I won’t bother trying to find the pained expression trying to smile emoji, but you get the idea… 😉
– Cheers
Thanks for sharing so much of your story Joe. I’m not at the retirement stage yet – and I have a lot of things to deal with before I can actually sell my house – but that is going to be another tricky situation. I’m trying to make the right moves now (that includes just staying put) so that transition is as easy as possible – if I can ever actually retire that is… The insanity of “the markets” and the world in general don’t make that a simple equation…
To be honest, I research things pretty well, so it’s hard for me to find help in forums and such, but I like to have these kinds of conversations. 1) because they can be interesting and enjoyable – hopefully for everyone involved 😉 and 2) i like to stay open to learning new things – and you never know when or where that will happen… -Cheers
P.S. To clarify, I have found help here about ebay, and that has been great.
That’s part of my idea, yes. Though it’s not the main motivating factor. We live under capitalism, so there is always a recession/depression coming. Also part of that message from the researchers being “announced” in the press is political, because they don’t want the free money to stop – the money that has driven up the stock market and enriched corporate management as we’ve reached about 60%+ of americans who are poor and/or struggling to meet expenses. The two are intimately connected.
High finance and “economics” is harder and harder to get a grasp on. The former, on purpose, the latter, always the case – they don’t call it the dismal science for nothing. So, it’s pretty difficult to make predictions about anything – let alone housing prices; though, in the long term, since the 50’s, housing prices have risen, but it’s been a roller coaster…
It’s a long discussion though. For example, after the 2008/9 crisis, housing prices did indeed take a hit, but not only did they recover relatively quickly, they began to launch into the stratosphere. Interestingly, the decline (from historic highs) started before the crisis. These charts are very instructive:
Of course, it’s not a coincidence that the main drop happened after crimes in finance connected to real estate loans were exposed…Then the crisis was made much worse when banks freaked out and refused to lend to each other. No honor amongst thieves…But that’s another story…
Anyway, I guess what I’m getting at is I have no idea if there will be a recession while I’m traveling and looking for a place to buy (if I choose to do that) – but I do know there will be another recession/depression eventually, because that’s how capitalism works. When it does happen, we don’t know exactly how real estate prices will change, or for how long. With all of that being said, the current real estate market shows some signs of a classic bubble, so I can’t totally ignore that either.
Joe may have had similar ideas about a bubble when he moved. I think he said he moved sometime in 2018. If he stayed where he was, he probably would have made more money on paper, as of today…but he couldn’t have known that then, and he made the move he wanted to and seems pleased with his decision. I guess my situation is similar to his then, and I hope to be lucky enough to come out just as well. We shall see…
Hope some people found this interesting/educational.
Is there a thread on selling while you’re traveling?
Yeah, unfortunately the last few comments were along the lines of what I was expecting to hear…
I’ve just started thinking more seriously about moving, but, as of today, it’s really not the clear choice it was in the past. It’s looking less interesting to trade off what I have here for places that might save me a bit, but would be less desirable in almost every other way than here.
I haven’t given up hope or anything, but it seems pretty crazy everywhere. Even though it’s not great news in general, I’m still interested in hearing what people have to say.
I guess I didn’t mention that I’ve lived in the country before. I’ve lived in small towns and big cities, and a couple of other countries. I don’t need most of what big cities offer and I plan on traveling if all goes well.
Just for fun I looked to see what housing was going for in your neck of the woods. Like here, there doesn’t seem to be a whole lot for sale – and the prices are all over the map. Land definitely seems cheaper…Another idea I had was to get some land, park an RV or tiny house on it and build something – but, at least around here, good luck finding someone to build something…
I’ll just keep throwing out the random ideas I have as long as this thread continues, 😉
Like I mentioned, I’m really just in the thinking stage and fishing for good ideas and leads…
Thanks, I’ll definitely check it out.
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