Van wrote:During the housing boom of '05 I tried to convince my wife that we should sell our place and go pay cash for another house somewhere else and have, you know, a fully-paid-for house and stuff. So, one week I spent a a helluva lot of time scouring real estate ads using this hand-dandy internet search thingie which asked me to input all sorts of specific data that was supposed to be important to me: housing type, price, weather preferences, neighborhood, etc.
When it began shitting out its results, everything was coming up Boise, Idaho and...Austin. Little bit of San Antonio, as well. Digging a little deeper, I quickly ruled out San Antonio. Because of the chance of snow and cold weather, Susan ruled out Boise. That left us with Austin as our search engine's main suggestion, and there were just loads of nice-looking houses in decent areas for $150K.
The only real downside? The supposed heat and, especially, the humidity. Coming from Sacramento, we knew the heat would be no biggie. It does't get as hot in Austin as it does in Sacramento. The humidity? I've never experienced it. She grew up in Savannah, Georgia and in Bermuda, and she told me I would fucking hate that sort of humidity; the kind where you take a shower and you're already sweating again by the time you're finished getting dressed.
I still wish we'd made the move, though. Bet I would've loved Austin.
Yup, if you were thinking of dropping your horrifically overvalued home on some sap in '05 and didn't, you missed out, bigtime. Our company has a site in El Dorado Hills and we had a few dudes from there out here doing some training. One of them, a douchebag, btw, was going on about how his "ranch" (small 3 bdrm ranch on 5 acres) was worth a little over a mil. He had an offer to transfer here and it was a promotion. I told him if he didn't jump on the opportunity to turn that fake money into real $$$$ and move out here, he was a dumbfukk.
Well, in addition to being a douche, he was, in fact, a dumbfukk. Stayed put on his "Ranch" and from what I understand, got divorced and lost the Ranch in foreclosure a coupla years ago.
I heard somewhere that during the bubble, the Sacramento area had the most overvalued property in the country. When the bubble burst, sactown was ground zero. What could you have sold for, Van? What is it worth today?