Quote:
Originally Posted by Porsche-O-Phile
They were reporting that prices in the San Fernando Valley were down an average of $250,000 y-o-y and still plummeting.
Ummm... Hello? Yea. It's the SAN FERNANDO VALLEY! It sucks. Nobody in their right mind would live there.
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Quote:
Originally Posted by Porsche-O-Phile
To each their own. You couldn't pay ME to live there personally though.
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Hmmm. Down $250 K huh? That means our house is now
only worth 3 times what we paid for it 15 years ago and worth about 5 times what we owe on it. Definitely time to panic.
And don't worry, no matter how bad things get here in the tulies, no one is selling to a 944 owner.
Funny thing is I have moved out of the valley three times (looking for adventure, cul-chuh, hot chicks, etc.) and I always end up back here. Now that my office is here too, I don't see much of the "real" Los Angeles. Oh, drat.
As to the IE, even we valley-ites look down on that rat-hole.
