Housing Bubble, credit bubble, public planning, land use, zoning and transportation in the exurban environment. Specific criticism of smart growth, neotradtional, forms based, new urbanism and other top down planner schemes to increase urban extent and density. Ventura County, California specific examples.
Wednesday, January 18, 2012
Falling Kinife Wrightwood
1537 Betty St, Wrightwood, CA
Price history such as it is:
01/17/2012 Listed for sale $159,000 -14.1% $222
07/30/2008 Sold $185,000 -19.2% $258
05/12/2008 Price change $229,000 -8.4% $319
02/19/2008 Listed for sale $249,900 186% $349
10/19/2001 Sold $87,527 -- $122
Last month DQNews reported the village sales as averaging $105/sf.
I'm sure the 2008 knife catchers and current bag holders were sure they had stolen this house at $258/sf. The sad part is that the 2 "bedrooms are more like closets and the single bath is actually a 3/4 bath. See below:
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Housing,
wrightwood
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9 comments:
Also hard to get a mortgage if you're uninsurable:
Insurance Denied to Fire-Safety Pioneer.
What's up with this one?
http://www.zillow.com/homedetails/6013-Mill-Rd-Wrightwood-CA-92397/17425310_zpid/
Here's another one:
http://www.zillow.com/homedetails/6288-Conifer-Dr-Wrightwood-CA-92397/17426451_zpid/
And yet another one:
http://www.zillow.com/homedetails/1908-Irene-St-Wrightwood-CA-92397/17426831_zpid/
So was the mortgage settlement crap deal a stealth bailout of California as well as the Wall St. banks?
Go for international property investments in emerging markets. Thats where the money is.
Casey met President Obama recently. This is not a joke. The fecal finger returns.
I would like to direct my fellow small-scale-scam watchers to a couple of excellent posts by "Richard Smith", who occasionally posts at Yves Smith's blog:
Bernie O’Brien, the Scammer who can Scam Scammers
Catching white-collar criminals is part of my day job, so I suppose this is why I find it to be so fascinating, but I think even a general audience will find it to be a great read. The gist of the narrative rings true; big-scale scammers love finding small-scale scammers, because they know that they will be the last people in the world to go to the police. Particularly, you know, small-scale scammers with easy access to money from their own sweet™ deals.
What do you think of Thousand Oaks, Oak Park, Westlake Village area? Time to jump in?
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