Big City Days on Market Review (JJ 614)

Big City Days on Market Review Transcript:  Jack Butala:                       Jack and Jill here. Jill DeWit:                           Hi. Jack Butala:                       Welcome to the JackJill Show. It's here that we provide entertaining real estate investment advice. I'm Jack Butala. Jill DeWit:                           I'm Jill DeWit, broadcasting this week from sunny southern California. It really is sunny today. Jack Butala:                       And warm Jill DeWit:                           And warm. Jack Butala:                       Today, Jill and I talk about Big City Days on Market Review. Jill DeWit:                           I was going to say I just talked to a guy, a little while ago, in Jersey ... Jack Butala:                       Yeah. Jill DeWit:                           ... and poor guy, he knows right where we are. It was really hard to not tell him that we're riding our bikes around and he's like, "It's 30-something degrees right now." It's just like awful cold and I felt really bad. Jack Butala:                       Of all the excused you've heard about why you wouldn't move just to a better life, forget about California, where are some acceptable ones and where is some unacceptable ones? Jill DeWit:                           Of all the excuses? You know, let me see here. Jack Butala:                       I have to tell you, I don't understand. Jill DeWit:                           I have heard a lot. We all know people who just, they just think it's for everybody else, it's not for them and I don't understand that whole concept. Like, "Oh, that's great, good for you. I couldn't possibly." "Why couldn't you?" "Oh, I just couldn't." Usually I think the worst excuse is no excuse. They don't even have an excuse, they just say, "I just couldn't." Or just, "No, no, no. I just know that I can't." They don't even give an excuse. It's stupid. Jack Butala:                       I think, maybe, it's just small talk. "Oh, you're so lucky to live there." Just like, "Oh, it's great weather we're having." Jill DeWit:                           They probably don't even believe, they don't even know that they can do that. Jack Butala:                       It's not even on their radar, yeah. Jill DeWit:                           Yeah. Jack Butala:                       It's just small talk. Jill DeWit:                           It don't even cross their mind. "What? What do you mean?" Jack Butala:                       Right. Jill DeWit:                           "What? You moved? Like you sold your house? What? You get a different job?" "Wait a minute, wait a minute, wait a minute, wait a minute. You don't have to shovel snow?" "I have a lot of questions." Jack Butala:                       I just got off a call. A guy from Indiana, he lives where we live, he's lived here for like ten years. His wife is from Orange County, just like you. Jill DeWit:                           Awesome. She must be really cool. Jack Butala:                       He said, "Welcome to the neighborhood. How do you like it?" I said, "There's no way I could ever live somewhere else. There's no way." Unless it was somewhere wacky, like some tropical island somewhere or something. He said, "This is a conversation me and my wife have once in a while, Wow, it's expensive to live here." "Okay. Well, we're not moving." Jill DeWit:                           That's nice. Same as our ... Jack Butala:                       It's the same thing we say. Jill DeWit:                           ... it's the same as our conversations. You, weekly, sometimes daily, say, "We couldn't live in a more expensive area. This makes Santa Barbara look good." I'm like, "And? What's your point?" Jack Butala:                       And then I said, "But Ben, I always come to the conclusion that if we really did live somewhere else that was a lot cheaper but nice,