18 Comments

1. 

   Susie on August 14, 2009 at 5:26 pm

   Jim’s last comment–another JtR classic!

2. 

   Rick on August 14, 2009 at 5:26 pm

   “They sure are getting serious about these foreclosures now.” Hahahahahaha!

3. 

   Pricedout on August 14, 2009 at 5:27 pm

   Foreclosure evacuation zone… Hilarious!!!
   Run for your life!

4. 

   EastCoaster on August 14, 2009 at 6:47 pm

   “If you encounter a sudden increase in your LTV, please ring the attendant button and Jim will be at your side to help.”

5. 

   JAP on August 14, 2009 at 6:53 pm

   The foreclosure comment at the end was great!

   I could never live there with that the jet noise over my head.

6. 

   François Caron on August 14, 2009 at 7:15 pm

   The Towns of St-Lawrence and Dorval on Montreal Island have the exact same problem: right next door to the airport! I went to a friend’s wedding in one of those neighbourhoods many years ago, AND IT WAS VERY, VERY NOISY!

   Nice bit at the end! 🙂

7. 

   3rd Generation on August 14, 2009 at 7:34 pm

   I hope the street at the end on the airport approach was D.B. Cooper Drive. Thanks for another informative week, Jim. All the Best and Stay Safe all! Enjoy the Obatomy!

8. 

   gaswalla on August 14, 2009 at 9:06 pm

   good stuff jim!

9. 

   ice weasel on August 14, 2009 at 9:16 pm

   Hilarious dude. Well done.

10. 

    Ronald McMansion on August 15, 2009 at 2:50 am

    Be glad if you don’t own a home in Los Angeles…

    http://www.latimes.com/news/local/la-me-lausd-bonds15-2009aug15,0,2216772.story

    The district is allowed to raise taxes under little-known legal protections for bond holders. In essence, if revenues from property taxes can’t cover installment payments for bond debt, L.A. Unified can raise tax rates, even if they rise above past projections.

    The current rate is about $123 per $100,000 of assessed value. That’s actually lower than the original projections, but the good news ends there.

    Officials wouldn’t reveal estimates for next year but, when pressed, said they expected rates above $200 by 2012. In an interview, L.A. schools Supt. Ramon C. Cortines mentioned a rate of $207, though he didn’t specify the year.

    For a home worth the current Los Angeles County median assessed value of $325,300, the difference, using Cortines’ figure, would be about $275. For a $700,000 home, the rise would probably exceed $550, for a total bond tax bill of about $1,450.

    ****

    The increasing tax rates could also spell trouble for L.A. Unified’s nascent effort to put a different kind of property tax before voters. A parcel tax could be used to pay for ongoing expenses, such as teacher salaries, but it must be approved by a two-thirds margin. The district this year laid off about 2,000 teachers and 750 other employees.

    “I think people want to support schools,” Cortines said, “but they could say, ‘Don’t tell me you’re raising my taxes on one hand and you’re asking for more money in a parcel tax on the other hand.’ ”

    ****

    “The liability on individual property owners will go up at precisely the time when property owners can least afford it,” said Jon Coupal of the Howard Jarvis Taxpayers Assn.

    He predicted that this hit would not be the last and said other government agencies would probably follow suit to manage their own debt. “It’s going to cause more foreclosures, and it’s going to drag down the California economy,” he said.

    A year ago, officials used a rosy forecast to justify Measure Q, the school system’s fifth bond issue since 1997. An analysis projected that property assessments would grow an average of 6% a year. Experts characterized that as conservative.

    Rising home values gave officials confidence that they could keep tax rates relatively low and still pay annual installments on a school-construction debt that is at $8 billion and growing.

11. 

    JAP on August 15, 2009 at 10:57 am

    Hmmmm… Well then maybe I should buy some Cali Muni bonds! :o)

    The yields have to be 5-6% right?

12. 

    KBoy on August 15, 2009 at 11:18 am

    I thought tsunamis were pretty much impossible in San Diego, something to do with the deep ocean floor? Anyone know?

13. 

    ladydentist on August 15, 2009 at 11:25 am

    That’s my Carlsbad!!!

14. 

    Myriad on August 15, 2009 at 5:46 pm

    Wait, so which neighborhood was that where the planes fly over. Reminds me of the long-term parking lot at the end of runway at SFO. The funny thing was that car alarms would go off after every 747 takes off from those runways. At SFO, there are a lot of 747s every day, at least there used to be.

15. 

    Genius is no longer homeless on August 15, 2009 at 6:08 pm

    It’s a trip to see a video when I actually know where you’re going. They need more restaurants on Palomar Airport Road. Everyone at work drives into San Marcos when they want something decent to eat.

16. 

    Jim the Realtor on August 15, 2009 at 7:05 pm

    Genius, welcome to town!

    Let’s go ’round the block – Palomar Airport/I-5/Cannon:

    Sammi’s Woodfired Pizza
    Marie Calendar’s
    Claim Jumpers
    In-N-Out
    West
    West Bistro
    Bellefluer
    Japanese
    Ruby’s
    Sheraton
    Karl Strauss
    King’s
    BJ’s
    PF Chang’s
    TGIFriday’s
    Island’s
    McDonald’s
    Carl’s Jr.
    Taco Bell
    and Big John’s!

    And you have people going to San Marcos?

17. 

    Genius is no longer homeless on August 15, 2009 at 11:44 pm

    Thanks for the welcome!

    Sammy’s is awesome.
    I stayed at the Sheraton my first night down there but got in too late to try the food. Nice hotel though, on par with La Costa Resort but without the amenities. And the next time someone charges me a “resort fee” they’re getting kicked in the nuts.
    Karl Strauss is a company favorite, but I think people are getting sick of it. Never been myself.
    You forgot Subway 😉

    We’re right off of El Camino Real, so it’s not too much farther to restaurant row in San Marcos… I guess. The only day I had to actually sit down and eat was friday, I was running all over town trying to find a house the rest of the days.

    That being said, if anyone has any suggestions off of Del Mar Heights road west of the 5 I’m all ears. I hear that the bars are cougar central but I’ll believe it when I see it.

18. 

    CA renter on August 15, 2009 at 11:55 pm

    Congratulations on finding a new home, Genius! 🙂 Hope you like it here.