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Are you saying that YUM doesn't pay well? They decided to move to be able to afford a house. Something doesn't add up here.capt601 said:English, the last opening at YUM! SNA was 1 1/2years ago and this is a replacement for a very competent pilot we had, that decided to move somewhere else to be able to afford a house. so Cosmo, send in an updated resume and keep plugging away!capt601
According to bankrate.com the median home price in Orange County is $643,600!Dep676 said:Are you saying that YUM doesn't pay well? They decided to move to be able to afford a house. Something doesn't add up here.
Equity, baby...earn it and move on!501261 said:According to bankrate.com the median home price in Orange County is $643,600!
You can be a Fedex MD-11 captain and still not afford it. That's why one in 4 Californians are looking at moving out of state.
Sadly, that's not saying much.501261 said:You can be a Fedex MD-11 captain and still not afford it.
Oh I hear ya!!! I take the equity out buy more. I just bought my third piece of property.English said:Equity, baby...earn it and move on!
I'm averaging 100K per year right now on my house.
Direct knowlege - came from the guy who worked at Yum, a friend who I have known and flown with for many years, and no, he's not a former airline pilot, nor does he fly for JB.capt601 said:It is too bad when people always assume the worst about an operation when pilots are replaced, especially when they do not have any direct knowledge of an operation.............Maybe try talking to someone there before you spout out rumors or hearsay from a "friend" who was somewhere else 2 years ago.
I would be curious who your friend is, I'll bet it is someone who is now flying for JetBLue? ?!! and a previous airline pilot?
capt601
YESSSS! I can hear myself singing the theme from The Jeffersons already... I'm movin' on up!...GIVDrvr said:The good times have already stopped rolling in the SoCal housing market. Many parts of OC and SD are flat or down in price. In many areas the house for sale inventory has gone up five fold since last spring and that growth is accelerating. House inventory is the key to price since as a house goes unsold the likelyhood that disillusioned sellers will accept less increases dramatically. North SD county is down 10% since peaking in August. Ocean view homes on my block that sold in mere days last year sit unsold for months now even after several price reductions.
Some local agents I know think this could get much worse if the economy slows or if interest rates continue to rise which of course they will. Many buyers SoCal are in their homes via hybrid mortgage products like 10 year interest only no money down adjustable rate mortages. With rapidly rising payments and negative equity many of these folks could just walk away from their properties like they did in 1994-1996 when real estate in this area fell 25%. Of course this is California so any dip is really just a buying opportunity long term.