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Further Handpsring woes...

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Hoser_back_home
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Registered: Nov 1999
Location: bright side of the moon.
Posts: 996

Further Handpsring woes...

Interesting article in today's National Post up here in Canada about Handsprings real estate problems...

http://www.nationalpost.com/financi...0C-3DF0600B6DB3

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Hoser_back_home is offline Old Post 01-23-2003 02:38 AM
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Madkins007
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Wow, and I thought MY house payments hurt!

This is a good example of why so many companies have been fleeing California over the last decade or so- the costs of business are often killer themselves!

There is probably a nasty catch-22- I bet leases/purchases are down, so landlords are probably really, really reluctant to let people out of the agreements.

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Madkins007 is offline Old Post 01-23-2003 03:18 PM
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Alli
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I happen to have visited friends in Los Angeles this past week (where, incidentally, my Treo worked just fine!). My friend John proudly showed me all the work being done to his home and commented that he had budgeted his rennovations at $130,000.00. My jaw dropped as I explained that my house in south Alabama which is roughly the same size cost about half that amount to buy. Come on folks...the weather there isn't THAT great - is it?

Alli is offline Old Post 01-23-2003 07:07 PM
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Active Armor
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I'm now sitting in the midwest with sub zero wind chill. This past weekend it was 70 degrees and I was walking along the shore in Sandals in Southern California....

My wife says the answer is yes!

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Active Armor is offline Old Post 01-23-2003 07:30 PM
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sketch
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blah blah

Cali isn't the only place with decent weather....geez

but it is one of the craziest real estate markets in the US.

I know that in Denver houses go for around 200/per sqft.

And that is crazy enough for me...I don't even want to see what California is like.

sketch is offline Old Post 01-23-2003 11:39 PM
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Hoser_back_home
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Toronto's no better...with average costs being approx. 275-300/sq. ft for a semi-detached home in a decent area....it does get cheaper but then you start 'settling' for other things that you may not want...

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Hoser_back_home is offline Old Post 01-24-2003 03:15 AM
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EricG
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Try buying a house in New England.. I am still bleeding from those wounds.. New England has some of the highest housing costs in the country.. (although I think some parts of Calif are higher.. i.e. L.A. , SF.. ), it goes without saying there won't be any new electronic toys for a while..

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EricG is offline Old Post 01-24-2003 03:35 AM
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jhappel
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quote:
with average costs being approx. 275-300/sq. ft for a semi-detached home in a decent area
and: Denver houses go for around 200/per sqft.


Try here in the NY suburbs. There is a high rise that will be going up about 4 blocks from me; prices will START at $400/sq. ft for a one bedroom apartment .

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jhappel is offline Old Post 01-24-2003 10:12 AM
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Alli
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I managed to live in the NY burbs for 3 years. The weather there certainly wasn't worth the prices. The weather down here on the gulf coast is generally similar to LA - without the astronomical prices. Granted, we don't have the shopping, the restaurants, the industry, or anything else either. On the bright side - other than record breaking cold snaps like we're having this week (and we still haven't seen snow here in 8 years!) - I can afford all the gadgets I want.

Alli is offline Old Post 01-24-2003 11:54 AM
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yardie
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Arrow

California is in an earthquake zone. Scientists have been predicting the big one to com3e for decades. I wouldn't want to live in Califronia much less to pay all that money for real estate. Its like buying a house built on sand.

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yardie is offline Old Post 01-25-2003 02:41 PM
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Alli
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Like buying a house built on sand...hrmmmm....so that means that my beachfront property is also no good?

Alli is offline Old Post 01-25-2003 03:33 PM
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Yorick
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quote:
Originally posted by Alli
Like buying a house built on sand...hrmmmm....so that means that my beachfront property is also no good?

is it in Arizona?

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Yorick is offline Old Post 01-27-2003 12:16 AM
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Alli
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Arizona? Gosh no! That's where my bridge is though.....

Alli is offline Old Post 01-27-2003 03:50 AM
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Dubloseven
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i live in california and i love it. i wouldnt dream of living anywhere else! the weather is great (i wear sandals year round and havent worn shoes in about a week). yeah, there are earthquakes, but they are actually sort of fun, as long as nobody is seriously injured. but yeah, the houses are freakishly expensive. its worth it, though.

Dubloseven is offline Old Post 02-02-2003 01:19 AM
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Madkins007
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quote:
Originally posted by Dubloseven
i live in california and i love it. i wouldnt dream of living anywhere else! the weather is great (i wear sandals year round and havent worn shoes in about a week).


Weather? WHAT weather?

Southern California don't have no weather.

Nebraska, the Great Plains! Now, THAT'S weather! Earthquakes are a geological phenomena, not weather (and we get them too, sort of). Blizzards, hailstorms, tornados- That's weather!

It takes weather to build character, right guys? (Addressing the others of us who live in these miserable conditions for some ungodly reason rather than someplace where human beings can actually exist unprotected outdoors most of the time.) (Ooops- scratch that, I mean those of us living in places where WEATHER seperates the men from the boys!)

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Madkins007 is offline Old Post 02-03-2003 02:37 PM
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cml
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quote:
Originally posted by EricG
Try buying a house in New England.. I am still bleeding from those wounds.. New England has some of the highest housing costs in the country.. (although I think some parts of Calif are higher.. i.e. L.A. , SF.. ), it goes without saying there won't be any new electronic toys for a while..


no kidding! The houses on my street were built almost identically. Each buyer, back in '86, paid $80K for the .5 acre lot and the house and now with the market the guy up the street (identical house, identical lot) sold his for $155K. wow!

quote:
Originally posted by Madkins007
It takes weather to build character, right guys? (Addressing the others of us who live in these miserable conditions for some ungodly reason rather than someplace where human beings can actually exist unprotected outdoors most of the time.) (Ooops- scratch that, I mean those of us living in places where WEATHER seperates the men from the boys!)

yeah - the ungodly reason is I was born here. I hate the mornings when I have to drag my butt out of bed at 5 to get going and get rid of the snow in the driveway to get to school at 7. It is said in Vermont there are 4 seasons: almost winter, winter, still winter and summer.

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cml is offline Old Post 02-04-2003 03:50 AM
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Dubloseven
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it was freezing this morning! i woke up and decided that i would wear pants to school instead of shorts. do you know what the temperature was? around 40. but there was also frost on our grass. over all it was quite cold!

Dubloseven is offline Old Post 02-04-2003 05:50 AM
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ToolkiT
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Sydney has about the same climate as California minus all the crazyness

Only problem is everybody drives on the wrong side of the road...

House prices are pretty high in the Sydney metro area, but country NSW is dirt cheap...

If you have a lot of US$ it is cheap here though since the AUD is about half a USD....

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ToolkiT is offline Old Post 02-04-2003 06:50 AM
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fixitgal
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Hey!

quote:
Originally posted by ToolkiT
Sydney has about the same climate as California minus all the crazyness



We LIKE our crazy lifestyle! As if kangaroos aren't crazy...

Besides, someone has to make all the cool movies!

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fixitgal is offline Old Post 02-04-2003 03:53 PM
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Toby
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Re: Hey!

quote:
Originally posted by fixitgal
Besides, someone has to make all the cool movies!

The two coolest movies/series I've seen lately were filmed in Oz and Kiwiland, though. Parts 2 & 3 of the former and part 3 of the latter due out this year, of course.

Toby is offline Old Post 02-04-2003 04:20 PM
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