Why because they all work for evil denfense contactor's

& kill babies in the middle east!!

I am sorry you feel that way -- I worked for a defense contractor for many years and most of us felt that we didn't fire the weapons and we didn't set the mission, we just tried to make sure they worked well when our troops needed them and that they were produced as cheaply as possible so that less of the country's budget would have to go towards producing them.  I am also very against the war and think it is a damn shame we are over there.  I think it is the most misguided, wrong, illegal war we have ever engaged in, and I too grieve for the thousands of lost lives, both U.S. and Iraqi.  But I don't blame the defense contractors and their employees for it, I blame the current administration and the people who voted for them.

Dont blame me I just work here ??

U sound like a Wall Mart clerk.

Or everybody else in Amerakill but cant win.

If you can't be civil, I don't want to discuss this with you.  Please go troll somewhere else.

Sorry but the bubble was already burst !!!

Trolling? Must have hooked a big fish;

but at at least I wasn't churning the market

with pie in the sky promises about the real estate future.

Oh I forget U only work there & could not have known.

Oh yes the "My Three Son's" syndrome;

"we live the good life because daddy works for defense".

When was the last south-bay down turn ?

When the Berlin Wall fell.

Before that it was in the seventies

after the Vietnam peace.

Yes we live good when there is a war going on

whether cold or hot.

Now the Iraq war is winding down

& oh my housing prices are going down also.

Of course the south-bay always votes to protect their pocket books

& U know what that means. Iran

Average price of Single Family in Manhattan Beach in 2005:  1,472,500, 2006:  1,550,000, 2007:  $1,625,000

Redondo Beach:  2005:  831,500,  2006:  $835,000,  2007:  850,000

Hermosa Beach:  2005:  1,102,500, 2006: 1,115,000, 2007: 1,199,000

These weren't 'Pie in the sky promises".  No one can make promises, but I do have data to back my claims up.

Source:  DataQuick

THAT's what I meant by bubble proof. 

And if you think the Iraq war is winding down, clearly you haven't been reading the papers.  The only way it will be winding down is if we don't elect McSame. 

Also, if you read the whole blog, the point of it was that there are multiple sources of employment in the South Bay, not just the defense industry, including hi-technology consulting, (including environmental consulting, which will be increasing), Hollywood, Pacific Rim trading, international finance.

Short sited 3 years of data.

I thought an investment was at least 10 years.

Where U promoting flipping ?

Yes churning is illegal.

And the south bay is McCain country.

Yes the south bay is a great place to be

but it is not bullet proof

even if it is surrounded by the

Torrance Police Department

I don't promote churning, it's destructive to ultimate Real Estate market and unethical.   I don't think flipping is a good thing now, unless you want to live in the house at least two years in order to take advantage of capital gains shield of $250,000 per person.  When prices were rising rapidly, flipping, which I define as improving a property by adding value and then reselling within a year, rather than the illegal kind of flipping where a property was simply bought and then resold without any changes a few months later by hiring illegal appraisals, was a good idea because the rising tide could carry the carrying costs.

You don't know the South Bay if you think it is McCain country. It's Democrat country. Jane Harmon is our Representative and has been for years.  It also went for Gore and Kerry in last two Presidential elections.

I have years of data all showing good investment. If anyone else wants to see it, please contact me.

Did U even tell your customers that there was a downside at all ?

Perhaps U didn't even live in the south bay at that time but

I suggest "The Last Great Southern California Housing Slump"

http://www.elliottwave.com/features/default.aspx?cat=mw&articleid=3171

It affected the south bay also. I am sure U by now know of your competition

http://sbbeachbubble.blogspot.com/

     Yes Jane Harman , the typical resident,

a democrat in name only. Like most SBs a social liberal

but a econ conservative.  Although I am having trouble finding figures

I am not so sure the SB didn't vote  for Bush '41 & '43 & of course Arnie.

In this map they show up pinkish red like Orange county.

http://64.233.167.104/search?q=cache:0VJdl44L4PgJ:flanalytics.com/Work%2520files/Fall%2520Line%2520Analytics%2520-%2520California%2520Precinct%2520Political%2520Index.pdf+2004+presidential+results+by+precincts+in+LA+county&hl=en&ct=clnk&cd=9&gl=us&client=firefox-a

I always feel like I live in the mid west instead of 0 miles from Hollywood;

just look at the films in the theaters, the same as the ones U would see in Idaho !!

Another good thing to read is Joan Didion's new book "Where I Was From"