What about Slack?
As well, I think we will see improved outlook wrt economic uncertainty - Trump is under the gun to āsolveā the trade war that he created with Chinaā¦ particularly as a hostile House of Reps makes it that much more important for Trump to show that heās doing a āgood jobā with the economy.
For that reason, the aforementioned IPOs will likely find a favorable environment in 2019/2020.
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If you give your SV SFHs to your kids, there is another (huge) benefit ā- all those tax writeoffs you take over 27.5 years as you depreciate your SFHs to zero essentially becomes tax you never have to pay ā because depreciation recapture will get wiped out when you die, and your kids get a step up in basis cost in the eyes of the IRS.
Letās say you bought two homes for 4M and you are depreciating half of that (canāt depreciate land) ā¦ thatās 2M in depreciation ā¦ 2M in income that you never have to pay taxes on.
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Iām confused about how that works.
That method works for investment property, but not for primary home as we do not claim depreciation
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Whatās your expectation of the price decline? When you see a 10% price drop, will you buy or continue to wait? At what point, will you just buy and forget about your gut and analysis?
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We may never buy in Danvilleā¦ perhaps weāll keep renting and use the cash to buy somewhere with better appreciation and cap rateā¦ Danville (or the Bay Area), is not our forever place. 5 yearsā¦
Plenty of rentals available everywhere, and moving all my heavy furniture every couple of years keeps my upper body chiseled and buff 
Iām super interested in finding a place with better appreciation and cap rate. Letās brainstorm and find that place.
If you work in SF, why not buy a house in Peidmont? Even Orinda and Lafayette can be good choices and they are only slightly more expensive than Houston
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How about 2-3 of these instead of a a shack in Burlingame? Rent them out until retirement, free place to stay every summer. Warm Mediterranean at your feet.
https://www.idealista.com/inmueble/40373744/
Balearic islands are on sale right now! Only up 10% since the crisis
Need to study Spanish to figure this out, thatās a barrier. 10% since 2009 is disappointing 
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After inflation thatās like negative return.
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exactly! buy low sell high! do you invest based on past returns or future returns? 
Burlingame shacks going to cost $6 million in 10 years? 
oh, and a massive cap rate on those rentals, european mortgages at almost 0% real cost
Socialism doesnāt allow returns. No point to invest in Europe
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Is it so simple to predict future economic growth rates?
Spainās historical GDP growth rate, 1.5% max in the last 22 years
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no, but some of you in this group just take the ālineā for the last 10 years and extend it into the future foreverā¦
itās called the ārealestateforums.netā index
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USA >>>>> Spain
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Spain is like investing in Bonds.
Bay Area is like investing in stocks, returns much higher long term even if invested in Index funds.
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so cheap maintenance and utility bills too! even better!
these are rented to germans, northern europeans for 8 months out of the yearā¦ Majorca becomes one of Europeās busiest airports in the summersā¦
look guys, there is RE life and opportunities elsewhere in the California, the US, and even the world. I guess I am in the wrong placeā¦
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It only fell 15% during the crash. What big catalyst is going to drive it to beat the highs prior to the crash? Their unemployment rate is still one of the highest in Europe.
I was just playing with you
You should buy where & when you feel comfortable