Written by Jim the Realtor

May 8, 2017

A very realistic millennial experience? Stay until the end!

Hat tip elbarcosr:

9 Comments

  1. Eddie89

    HA! Hilarious!

    Although, that “fixer upper” would easily sell for $500k in SoCal, multiple offers and all cash!

  2. Susie

    When I lived in Santa Barbara County (six years ago), there was a radio station that said, “Santa Barbara, where a fixer upper is $1 million!” Locals knew it was true. Tourists (then) thought it was a joke.

  3. Name

    If the boomers were sensible and dumped the oversized house and downsized when kids were in college, there would be no place for the boomerang to land. But then the boomers parents would also be buying up all the starter-sized housing. Double whammy.

  4. Jim the Realtor

    Good point – and probably another reason the lower-end is so hot.

  5. daytrip

    Downsizing is a scary proposition if you’re remaining in So. Cal.

    Because Prop 13.

    What do you do if a broker screws up the deal because he/she’s an idiot? Sue him/her for the next ten years of lost prop 13 tax benefits? Good luck with that.
    Trading properties is a process where sometimes it’s a long way to home plate, and it ain’t over till you touch the plate. Some people just don’t have that bug up their a** to do things right, and on time, and never will. Including too many brokers.

    https://www.youtube.com/watch?v=Z1rAzmMXOKo

  6. Kimmy

    Maybe if the kid didn’t always have the latest Iphone 7,8,9 and stop hitting Starbucks everyday – he’d be able to afford. Plus not everyone deserves top of the line like kids think they all deserve today. Total Entitlement Society!!

  7. Daniel

    I did a 13 and 60 on our purchase. It really is not that hard, but you do have to stay on top of the paperwork and the people in the tax assessor’s office. As side note, read both 60 and 90 and find the unequal treatment.

  8. Kimmy

    When I bought my first place 30 years ago, I had ROOMMATES!!!

    Lots of roommates. That was the ONLY way to afford.

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Jim Klinge
Klinge Realty Group

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