[quote=earlyretirement]I do like La Jolla quite a bit but you can get much more for your money outside of La Jolla. We really love that area but most likely will buy further out.[/quote]
ER, did you ever wonder why inventory and vacant lots are just sitting in your area of choice? You would have the same problem if you purchased there and wanted or needed to sell in the coming years. There is only a very small minority of buyers that are willing to pay those exorbitant fees, which do not add to the value of a property but instead detract from it.
If you can find a suitable home in LJ that has been recently remodeled (or even a raze/custom build) in your price range (or maybe even a little above) this would be a MUCH better investment and cost MUCH less overall than “throwing away” an additional $15-$20K annually on MR + HOA dues, IMO. Even if it was +/- 3000 sf.
There will always be a “captive audience” of buyers for LJ – from all over the world – in every price range. It is also very convenient to Lindbergh Field which may prove to be of value to you. Remember that there is only ONE LJ and there’s nothing anyone can do about that :=]