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Old 03-22-2016, 10:58 PM
 
33,016 posts, read 27,513,144 times
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Quote:
Originally Posted by Perma Bear View Post
Go to Eureka, it's got the same vibe.

What does Eureka have that is attracting newcomers? Isn't the vaunted local weed crop declining in value what with states legalizing local sales and grow operations?
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Old 03-22-2016, 11:02 PM
 
4,369 posts, read 3,733,469 times
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Quote:
Originally Posted by freemkt View Post
What does Eureka have that is attracting newcomers? Isn't the vaunted local weed crop declining in value what with states legalizing local sales and grow operations?
It's cool, it's close to the coast, and it's cheap.
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Old 03-23-2016, 03:35 PM
 
3,792 posts, read 2,391,284 times
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Quote:
Originally Posted by Perma Bear View Post
It's cool, it's close to the coast, and it's cheap.
you left out economically challenged as the cash crop is going down in value.
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Old 03-23-2016, 03:46 PM
 
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Quote:
Originally Posted by ContrarianEcon View Post
you left out economically challenged as the cash crop is going down in value.
Technically its legal industry is the timber industry which sort of died back in the early 60s but it's on the Pacific Rim, it has potential growth.
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Old 03-24-2016, 06:42 AM
 
17,403 posts, read 12,003,399 times
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Quote:
Originally Posted by freemkt View Post
Yes, Portland is getting clobbered with soaring rents and home prices by incoming Californians taking advantage of the "affordable" housing here.
Smart people, those Californians, relocating because it improves their financial situation.
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Old 03-24-2016, 09:27 AM
 
33,016 posts, read 27,513,144 times
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Quote:
Originally Posted by ringwise View Post
Smart people, those Californians, relocating because it improves their financial situation.

They should be required to compensate existing residents who they harm financially. Ironic that as California homeowners, they voted to protect themselves from higher property taxes driven by increased demand (Prop 13) and now they're moving to a new place where they are displacing with impunity longtime residents.
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Old 03-24-2016, 10:13 AM
 
11,413 posts, read 7,831,927 times
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Quote:
Originally Posted by freemkt View Post
They should be required to compensate existing residents who they harm financially. Ironic that as California homeowners, they voted to protect themselves from higher property taxes driven by increased demand (Prop 13) and now they're moving to a new place where they are displacing with impunity longtime residents.
Just when I thought your post couldn't get any nuttier, you come up with this gem. There are no words.
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Old 03-24-2016, 12:00 PM
 
9,895 posts, read 7,785,241 times
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Quote:
Originally Posted by freemkt View Post
They should be required to compensate existing residents who they harm financially. Ironic that as California homeowners, they voted to protect themselves from higher property taxes driven by increased demand (Prop 13) and now they're moving to a new place where they are displacing with impunity longtime residents.
LOL, I'm pretty sure the existing residents in my neighborhood are thrilled that I moved from CA and paid more for my house than they did, I raised their comps.

Prop 13 passed in 1978, those voters are probably gone or retired by now.
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Old 03-24-2016, 01:06 PM
 
17,403 posts, read 12,003,399 times
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Quote:
Originally Posted by freemkt View Post
They should be required to compensate existing residents who they harm financially. Ironic that as California homeowners, they voted to protect themselves from higher property taxes driven by increased demand (Prop 13) and now they're moving to a new place where they are displacing with impunity longtime residents.
You're not being harmed. They take nothing from you. Nothing.

And before you chime in - having to pay more because of the market, or life, or the stars being aligned a certain way, is not being "harmed". In fact, those longtime residents are actually being benefited, with higher selling prices and rental incomes.
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Old 03-24-2016, 01:42 PM
 
33,016 posts, read 27,513,144 times
Reputation: 9074
Quote:
Originally Posted by UNC4Me View Post
Just when I thought your post couldn't get any nuttier, you come up with this gem. There are no words.

It is just as nutty as Prop 13: people voting to insulate themselves from costs driven by increased demand.
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