[quote=AN][quote=bearishgurl]Yes, I also believe that submarkets can change on a dime. They can also fall in popularity on a dime. That dime is only as shiny as the nearby job market is stable and lucrative.[/quote]
Talking about jobs, Mira Mesa’s biggest employers are hiring like mad.
[quote=bearishgurl]MM is only “semi-hot” today because of nearby well-paying jobs. There are really no other “redeeming qualities” in MM construction over and above other SD County submarkets. If companies close to MM should relocate or decide to import H1B workers instead, MM will fall in value commensurate.[/quote]
That’s the funniest thing I’ve heard in awhile. This statement alone showed how little you know about the area.[/quote]
You said it, AN. TODAY, they are “hiring like mad.” What about tomorrow??
MM market is “semi-HOT” right now because it is “affordable” and employees who are just starting out (working in 92121) can AFFORD to buy there (as opposed to UC, DM, SV and LJ). Truly, I’m not trying to “condemn” MM! I have nothing against it. It is in an excellent location for SV workers.
What if any of those medium-sized or large firms decide to move to the state of SD .. or LA? It’s been “done” before, you know.
All I’m saying here is that the typical construction and interior location of MM is not necessarily “desirable” to the masses but for its easy access to well-paying jobs. You must agree that it is 100% ALL on tract! Really, I have no problem with the area … in general … except it tends to be hot in the middle of the business day … but so do many other areas of SD County. In addition, there are other areas of the county that suffer from the same construction defects as MM.
I KNOW that MM is your “hometown,” AN. You are fortunate in that MM is/was a good place to grow up. There’s really nothing wrong with it. I’m simply stating here to “caveat emptor” (as a buyer). This applies to many communities in SD (other than MM).
