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Old 02-27-2007, 06:50 AM   #8
aren040
Registered User
 
Join Date: Jan 2007
Location: So. Cal.
Posts: 107
Not from there but got stuck there for a little bit. I, personally, did not like it too much.

Also for everyone saying California...? Why? Housing is a nightmare in most Metropolitan areas. For instance within the Los Angeles areas a 500,000 house is about where you want to start out and even then you are either going to be in a 2 or maybe 3 bedroom house in the, shall we say, "not so good" neighborhoods. If you want somewhat of a decent house in a decent place then you are looking at the 750,000+ ballpark.

I say if you are coming to So. California then wait a bit longer and let the banks foreclose on all the people that got houses about 4 or 5 years ago on interest only loans with balloon payments. Then it should really be a buyers market, or so I hope.
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