[quote=AN]You’re right, PQ doesn’t have those mansions on a couple of acre. Like I said, housing stock up here do not have as big of a range as down there. Just like you don’t see 1300 sq-ft on 5000-7000 sq-ft lot in Rancho Santa Fe, you won’t see 7000 sq-ft house on 2 acre in PQ. What is your point exactly?[/quote]
AN, my point is, because 91910 doesn’t “churn” the way PQ does, it doesn’t have the sold comps to support higher prices right now. Only the distressed, low-end or unprofitable rentals are being marketed.
Let me ask you, if you pd. cash for a property and owned it free and clear, and you did not need this money today to live on, would you put it on the market right now??
91910 (west) population consists of mainly the “haves” and the “have-nots.” There is not too many “in-between” MC or Upper MC working families. Most people around here DON’T WORK anymore, no matter WHAT they live in.