- This topic has 35 replies, 9 voices, and was last updated 15 years, 3 months ago by
jpinpb.
-
AuthorPosts
-
August 24, 2006 at 9:56 AM #7289August 24, 2006 at 10:18 AM #33002
PerryChase
ParticipantIf I were you I’d wait 3 more years and buy a resale unit. I guess studio will be $150k and 1/1 $180k.
August 24, 2006 at 11:26 AM #33010Doofrat
ParticipantI love those commercials for one of the V (Villa Vicenze, or Verano, or Venetian, or Vileno, o.k. I made that last one up)developments in UTC. I think they used midgets as actors to make the places look bigger. They couldn’t get a shot of the place without getting three walls in the frame they’re so small.
That place will be great for UCSD students. If they like to party, the stainless steel fridge will match with the stainless steel keg.
In my opinion, in the future, people will look back and realize that some people overpaid for their houses, but the most amazing thing will be how somebody paid $379,000 for a little unit that used to be rented out to college students. At least the house will be able to be sold, in a down market, who’s going to touch one of these units? What’s next? Dorm room conversions?
August 24, 2006 at 11:29 AM #33011ParticipantOh crap, I didn’t realize what I said until I posted it! Please, if there are any developers reading this (probably not) I was just joking about the dorm room conversions! Pretend I didn’t say it, it was only a joke, do not take that comment seriously, the college students need a place to stay too!
August 24, 2006 at 1:34 PM #33027powayseller
Participantdoofrat, your last post was a joke, right? If you didn’t mean it, you could go back and edit your post. No harm done in your comment. I heard on the local news today that the del Coronado is selling hotel rooms for vacation visits; you can stay max 25 days at a time, and only one owner per unit.
August 24, 2006 at 1:47 PM #33030poorgradstudent
ParticipantI live in UCSD owned apartments in UTC, and I’ve noticed the prices drop in the past 6 months on the external signage on the Venitian and that other complex of conversions on Nobel Drive.
I had a friend who rented in the Venitian (it was actually a relatively good deal) and got booted out when they did the conversions.
The UCSD area has such a housing crunch thanks to the lack of dorm rooms and lack of non-“luxury” condos in the area, (thanks in part to the curse of a “La Jolla” area code), that buying a place with the intention of using it as a rental property isn’t the worst idea ever. You’d have to actually run the real numbers, but at least you know there will always be rental demand in the area. Still, waiting and watching for the prices to drop further couldn’t hurt.
July 11, 2009 at 11:23 PM #429137sunny88
ParticipantYou guys’ predictions have come true! The studios have droped to the mid $100k and 1 BR condos are now in the high $100k! It’s still amazing how much people were willing to pay 4 years ago. Almost any price seemed to be acceptable at that time. I remembered when they had tours on weekends on these condo conversions with 20-30 peopel touring these places every hour…
July 11, 2009 at 11:23 PM #429296ParticipantYou guys’ predictions have come true! The studios have droped to the mid $100k and 1 BR condos are now in the high $100k! It’s still amazing how much people were willing to pay 4 years ago. Almost any price seemed to be acceptable at that time. I remembered when they had tours on weekends on these condo conversions with 20-30 peopel touring these places every hour…
July 11, 2009 at 11:23 PM #429066ParticipantYou guys’ predictions have come true! The studios have droped to the mid $100k and 1 BR condos are now in the high $100k! It’s still amazing how much people were willing to pay 4 years ago. Almost any price seemed to be acceptable at that time. I remembered when they had tours on weekends on these condo conversions with 20-30 peopel touring these places every hour…
July 11, 2009 at 11:23 PM #428776ParticipantYou guys’ predictions have come true! The studios have droped to the mid $100k and 1 BR condos are now in the high $100k! It’s still amazing how much people were willing to pay 4 years ago. Almost any price seemed to be acceptable at that time. I remembered when they had tours on weekends on these condo conversions with 20-30 peopel touring these places every hour…
July 11, 2009 at 11:23 PM #428554ParticipantYou guys’ predictions have come true! The studios have droped to the mid $100k and 1 BR condos are now in the high $100k! It’s still amazing how much people were willing to pay 4 years ago. Almost any price seemed to be acceptable at that time. I remembered when they had tours on weekends on these condo conversions with 20-30 peopel touring these places every hour…
July 12, 2009 at 8:15 AM #428781jpinpb
ParticipantIt’s remarkable how accurate they were in their predictions 3 years ago. Here’s the thread I started last October and there’s plenty of NODs in that complex. Venetian. Though not as bad as Vicenza or Lucera.
July 12, 2009 at 8:15 AM #429300ParticipantIt’s remarkable how accurate they were in their predictions 3 years ago. Here’s the thread I started last October and there’s plenty of NODs in that complex. Venetian. Though not as bad as Vicenza or Lucera.
July 12, 2009 at 8:15 AM #429142ParticipantIt’s remarkable how accurate they were in their predictions 3 years ago. Here’s the thread I started last October and there’s plenty of NODs in that complex. Venetian. Though not as bad as Vicenza or Lucera.
July 12, 2009 at 8:15 AM #428559 -
AuthorPosts
- You must be logged in to reply to this topic.