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Supercar Ace

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Posts posted by Supercar Ace

  1. On 1/29/2019 at 5:24 AM, APB said:

    It is a facelift/evolution of the LP610.

    More like a face-lifted Performante badged as the LP610 evolution...much like the Gen 1 Gallardo Superleggera and the Gallardo LP560.

     

    7 hours ago, alpha6164 said:

    To me it is essentially a Performante without the ALA.  It has the upgraded power, rear wheel steering, and hell even better interior.  The Evo Performante will be even sicker. 

    The Perfmante Evo will be pretty dope to see. I still think the classic Hurcan and the Peformante look a lot better, the front on the evo has some remnants of the face-lifted Audi R8 in it.

  2. 18 hours ago, Luxeous said:

    If they aren’t changing the chassis the ISR is here to stay. I like it so that’s cool with me lol

    I'd love to see an ISR 2.0 since the single clutch is lighter and can be tweaked to be smooth (ish) or more violent, and it'd be a bit of a nod to the old school. However I would be very shocked if they continued the ISR over opting for a dual clutch of some type. My hope for the looks is that it'll favor the Terzo more than anything.

  3. On 12/8/2018 at 8:05 PM, TestShoot said:

    Post was deleted? Wasn't Ace or I. We were at brunch with three beautiful ladies. Can't say I am surprised, or upset at all. Acting like a total ass, holding up traffic, disturbing the peace, so you're gonna get hit one day.

    What a glorious brunch indeed :eusa_dance:

    On 12/8/2018 at 8:09 PM, IanMan said:

    When are you and Ace not with beautiful ladies? :D 

    Hmmm....:eusa_think:

  4. Very interesting design. The back is awesome, the exhausts are siiiick, but I'm not really feeling the front end. But what's cool is all of the one-offs are represented here, I can see some Veneno, Egoista, Centenario, Sesto Elemento and Terzo Mellenio in this.

  5. It's been pretty wild to see a lot of the aftermath. I had a friend that was evacuated stay with me for a few days and he said the speed at which the fires spread was nuts.

    I'm certainly glad we have very brave and dedicated emergency personnel. I have quite a few friends affected, another friend of mien sent pics from his backyard. Fortunately his house was saved but unfortunately his next door neighbors house didn't make it:

     

    IMG952422.jpg

    IMG952420.jpg

    IMG952421.jpg

  6. On 10/16/2018 at 7:56 AM, emanon said:

    I read an interesting article just yesterday in an apartment owners trade magazine I receive that made a strong argument that housing prices (in CA at least) pull back pretty hard when affordability gets down to the 17% level.  This level was hit in 1981, 1989, and 2007 dropped down to around 12%.  Following all those years where affordability hit or dipped below 17%, there was a multi-year price pullback. 

    The supporting data was that once the market hits affordability that low, sales stall out and inventory starts to build.  This begins to trigger price reductions, which if it becomes significant, new construction slows down/stops and foreclosures begin to increase.  Depending on the scale, unemployment due to stopped construction can compound the issue and the market is starting to snowball.

    I'll try to screen shot the charts and post them here if I can find it published online, but everything mentioned above was pretty strongly correlated by year.  Correlation does not equal causation, but it all seemed to go hand in hand.

    Despite the average home price in CA exceeding $600k for the first time ever (above 2007 levels), affordability is still at 26%, so by this metric the sky isn't falling... yet.  Pending some major event I don't see a recession coming in 2019, and I sure don't see the affordability numbers dropping another 9% in a year (it moved 8% from 2004-2005 when things exploded).  I feel like 2019 will be good, pending any outside economic influence that kicks us in the nuts. 

    I don't know if this link will work.  If it does, the article starts on page 64. 
    https://www.aoausa.com/mag/october_2018/Orange_County_2018/#65/z

    That's some really interesting stuff...

    It's also interesting to with the massive construction in luxury apartments...seems like everyday in LA they are breaking ground on a new complex or existing ones are undergoing some major renovations. I'd be curious to see the impact on those during a market correction as well.

  7. 5 hours ago, Kerplop said:

    Yeah, it's tempting.  It feels like a huge crunch is coming and it feels similar to the last time.  I'm usually a bull but the market feels... weird to me.  Then again I don't have the expertise of romandad and many others, i'm still learning (aren't we always?)

    You're spot on the market is certainly in a very weird place right now. The real question is how big will the dip be and how long will it last? For that I'd let the experts like Roman chime in,

  8. 5 hours ago, Kerplop said:

    makes me wanna just liquidate most of the shares i've got, hold out, and enjoy the savings when it hits.

    I've seen a lot of folks do that. As they used to say in the 80's, "Cash is King."

     

     

    4 hours ago, Luxeous said:

    Some of my friends here in LA have done just that - sold for top dollar and are renting til it corrects. The problem is whether you're actually losing more by renting than you are by a correction. Totally depends on timing and severity. 

     

    Dude it's honestly bananas. Houses that used to be $150k are now $3-400k, selling before even being listed. There are now million dollar houses in a neighborhood that has never seen a house over $300k before. On top of that, theres land for days... It just doesn't make sense.

    I agree with you there. Seller have gotten over their fear and are fully trying to exploit their greed. To come out ahead it takes some static timing, but the market are totally nuts right now. It's like everyone's trying to get rid of what they have but they think they can command an out outrageous price...that holding greed is going to come to serious head when the market corrects and enough buyer wait out the sellers. The slowdown in Chinese and Middle Eastern money pouring in has started the slide, as those money source created an artificial bubble effect because that money didn't care about anything except for getting out of it's home country.

  9. 6 hours ago, LA_Brit said:

    I'm seeing house prices drop online - many adverts are now showing reductions (with many being second and third price reductions) but this could just be a sign that the peak selling period is now over and the market will quiet down as we head into the fall and winter.

    I've been renting since i moved back to LA as we weren't sure where we wanted to be and have been patiently watching the market so welcome this drop and hope it goes further to open up buying opportunities.

     

    I agree that there's an eminent market correction rapidly approaching. I don't think it'll hit as hard as 2008, but again it'll be another sharp and if you have cash on hand like at the end of 08-09 the world is yours at a hugely discounted price.

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