[quote=bearishgurl][quote=sdrealtor]What you are missing is that it is not just about finding the best schools for your kids. Equally as important is moving somewhere that the neighbors are likemided/care about the schools as much as you do and you find yourselves living among your peers. People want the best for their kids and themselves. The buyers willing and able to move into one of the trophy school districts find themselves hanging out with people more like them. That is what Scarlet was getting at in the other thread that seems to have slipped by you.[/quote][/quote]
Exactly. That’s exactly what I was trying to convey to BG. Granted, life is dynamic. So some people with kids may move out, but if we have good schools other people, more or less similar with kids will move in. People move out and people move in. But it’s highly unlikely that in a neighborhood (not just 1 block) more than half of the adult professionals with kids will move out in short time span – AND that no people with kids will move in.
[quote=bearishgurl] One can’t really buy property based upon a “perception” of who the neighbors are today and who they might be tomorrow. They’re not joining a country club. They’re purchasing a suitable residence for their family.[/quote]
One wouldn’t buy in a ghetto/gang area just because it’s cheap and close to work, even if it’s a very decent house, now would they? On the same token, those gang people may simply decide to move away,no?
[quote=bearishgurl]She stated she had been discounting it without considering it. Her “perception” was that UC was “too expensive.” Yet, she had been looking at comparably-priced properties in recent months that were >=16 mi away navigating 2-3 fwys. I’m not saying that Scarlett is “dumb,” far from it. But she is a “typical” parent-buyer. Without realizing it, this category of buyers has been known to purchase properties in inferior locations without truly considering what is actually on offer in an excellent location for them. It’s a pervasive buying mistake here and again, this preference seems to be generational. It did not exist before urban sprawl took a stronghold in this county.[/quote]
First of all, I have NOT ever discounted UC. I had co-workers in UC and loved their places and commute. However when I pull SDL listing of homes of 500K – maybe one or two come up every few months. And usually they are not that great, i.e. quite a few of the desirable features are missing, or it’s a lot of work (which we can’t afford). That IS still expensive FOR ME. In the mean time I can pull out many more listings like that in PQ, CMR or SR. You are saying it’s UC where I should buy. Yes I know I am buying only ONE house – which is why I keep my eye on MM and UC even with the very slim inventory in my price range. But I want to be happy with the house and if I really settle ONLY on UC I may have to wait a LOOOONG time before getting one I like.
PQ, SR, CMR, and west MM are not, by any means, inferior locations.
Also, another important factor – WORKPLACES CAN change, commutes can change. Why buy a house strictly on this one job’s location? I’d buy somewhere with good access to freeways and pretty central. I am not saying UC doesn’t fit that description, but others like PQ, MM, SR do too.