BG, I never claimed MM have big lot. So, I’m not sure why you’re bringing up lot size.
How is it any different, wrt to the “stable” home owners, when they either own their house for 50+ years and are nearing their death bed and those who either own their home out right for 30+ years to those who are 20 years into their 30 years loan? If anything, those 50+ years owners area might be more likely to have a flood of property hitting the market due to their owner dying vs an area where the owners are just starting to enter retirement. Regardless. Both areas have plenty of owners who are or soon to be retiring who have no plan on moving. Sounds pretty stable to me. I would say an area with owners starting to enter retirement are more stable than those area where its owners are nearing their death beds.
You do you the South East corner of MM is the worse part of MM, right? For you to compare the worse part of MM to a better part of CM? hmm… that’s a good comparison.
[quote=BG]91910 used to be considered “better located” than MM as well and it certainly is more convenient to dtn SD. When SV took off and SD was considered to have “arrived” on the “high-tech map,” MM slowly gained value over areas which were not close to thousands of white-collar jobs. Things change over time. That doesn’t make one area better or worse than another.[/quote] huh? So you started off saying 91910 used to be “better located”, i.e. it’s not better located anymore. Yet, you ended saying it doesn’t make one area better or worse than another?
I don’t know if UC, LJ or DM is on fire or not, but CV is pretty hot as well.
You had a pretty long post just to basically say, RE is all about location, location, location.
