Comments on: Would you live on Hillview in Bayview?

By: Jojor

Jojor — Sat, 09 May 2009 21:10:31 +0000

Menlo Park’s idea should be implemented in the federal level long time ago, risky but manageable with deep pocket. The S.F. program is really absurd. It make government take all the risk but share only 20% of the potential return. Sounds like a sub-prime, 0% down housing purchase all over again.

By: A. Lewis

A. Lewis — Fri, 08 May 2009 22:10:54 +0000

oh, snap!

By: anon

anon — Fri, 08 May 2009 01:45:17 +0000

“But hey, thanks for the Starbucks location factcheck.”

No problem. If you have any other questions about willow glen, please let me know.

By: WillowGlenner

WillowGlenner — Fri, 08 May 2009 00:31:54 +0000

anon- ok, whatever. Most here thought they were going to close the starbucks on Lincoln and Minnesota, and it did not close, another one closed, that was less than a block away. I didn’t even KNOW there was a starbucks next to Peets, I try to avoid starbucks and instead frequent the monsieur beans like everybody with a conscience should do anyway. But hey, thanks for the Starbucks location factcheck.

By: WillowGlenner

WillowGlenner — Fri, 08 May 2009 00:27:48 +0000

Herve, on rental rates, the thing is, if you are in a rental price bubble like we were last year, you don’t do yourself any favors by jacking up the rent really. I learned that the hard way- personally I never really felt like it was imperative to get the absolute max on rent, since my houses are mostly for appreciation anyway (thats the price point I buy). But when I started out I had this rental service doing the credit checking and renting, and they used this property survey or some such nonsense to determine what rents should be. They always tried to get the absolute most rent out of the properties they managed, and the result was tenants were constantly moving and that doesn’t help either the landlord or tenant. The best thing is to rent your place for a fair price or slightly lower, and then when the market settles out like it is now, people don’t feel like they need to move. Thats my approach anyway.

By: WillowGlenner

WillowGlenner — Fri, 08 May 2009 00:22:09 +0000

nomadic, nah haven’t bought anything new since I was here last. I bought that one house last year and tried to get one late in 08 but was outbid and since then, nothing. Family went on an extended vacation and haven’t had time to look much, but I plan to try for something this fall.

By: WillowGlenner

WillowGlenner — Fri, 08 May 2009 00:14:10 +0000

I’m not a slumlord- I guess you don’t know what a slumlord is, anon. A slumlord is somebody who buys a ghetto style property, rents to section 8, and makes no improvements in the land whatsoever. Exactly the opposite of me. I am somebody who buys property at the bottom and makes significant improvements. Plus my neighborhoods are not deteriorating they are appreciating. You know, real estate 101 kind of stuff.

from wikipedia,
A slumlord (also spelled slum lord) is a derogatory term for landlords, generally absentee landlords, who attempt to maximize profit by minimizing spending on property maintenance, often in deteriorating neighborhoods.

By: anon

anon — Thu, 07 May 2009 23:15:16 +0000

#40 – as long as people gobble the trip up, as in the case of #37.

By: sonarrat

sonarrat — Thu, 07 May 2009 23:12:46 +0000

#37 – people are paid to write tripe like this?

By: nomadic

nomadic — Thu, 07 May 2009 22:59:50 +0000

That Barclays “article” is the stupidest thing I’ve seen in awhile. It says absolutely nothing of value. They’re saying the market will continue to rally if the economic data improves. Well duh. And they go on to say if the economy continues to do well, the banks will do well too. Uh, if this is news then the public is even more dumb than I thought (which is saying a lot). The fuss about the stress tests has pretty much been saying the same thing for months now.