[quote=briansd1]There is a ready mix quarry in Grantville (or just east, depending how you define it). It will be developed like the quarries in Mission Valley and Mira Mesa.[/quote]
Of course. The quarry is in keeping with Grantville’s existing zoning.
Do you think tracts of SFR’s will be built in this area? If so, WHERE? And WHAT will they replace?
[quote=briansd1]Well, I know a guy who owns avocado groves inherited from his grandparents. He was in talks with major builders just before the recession.[/quote]
Are these groves in 92019? Does he still own them? If so, what happened to the talks he had with the builders??
[quote=briansd1][quote=bearishgurl]Actually, brian, the reverse is true. If you, as a developer, wish to redevelop infill lots with aging bldgs currently sitting on them, the world is your oyster (within the current zoning ordinances, of course)![/quote]bull… the permitting process is onerous, frustrating and costly. I know someone who had to do a “remodel” and replicate everything down the ugly rock facade of the 60s. Stupid and dumb.[/quote]
Actually, brian, remodeling is NOT treated the same by planning offices as *redevelopment,* ESP if the parcel(s) in question is already located in “redevelopment zones.” If there is an eyesore currently standing there, I’m sure you will find those same bureaucrats much more hospitable then they were with your “friend” (who sounds here as if his project may have been subject to CC&R’s).
[quote=briansd1][quote=bearishgurl]brian, I don’t think you know the what would have to happen for your “dream utopia” to be built in SoCal (which seems to be turning it in a massive Asian city). It appears you want to (1) repeal longtime state legislation; (2) change (relax) city/county ordinances; and (3) “upzone” wholesale entire swaths of desirable land in CA coastal counties.
Ain’t gonna happen.
[/quote]
That’s why America is falling behind. We are not taking on big projects to modernize the country.
I mean look at those shacks in old areas of San Diego — rinky-dink heaters on the wall, no air-conditioning, creaky floors, bad plumbing and bad insulation. And you want Americans to pay a lot to live in those hell-holes, in the 21st century?….[/quote]
brian, after a landlord of an older SFR spends $4K+ on central air, another $2-3K to install A/C (if needed), all new copper piping ($4K), insulates top to bottom and side-to-side ($2K+) and perhaps even installs new vinyl windows ($5K) and an upgraded elec panel box ($1K+) on, say, a 55 yo 1400 sf rental house, how much do you think he/she will raise the rent??
Where will poor and moderate income tenants live if all the older rental stock of SFR’s in SoCal was upgraded in this way? Many can’t live in more modern apts due to pets, having more than 2 vehicles (more than 2 working adults) and needing ramps (have a disabled individual in the household).
I could understand how a free-and-clear owner might be able to do this and not raise the rent so much. But for an investor with a mtg, they will have to recoup most or all of the money they spent on rehab thru the rent for a period of time.
What you (and Hollywood?) are proposing here is to drive lower-income tenants out of town. If your gardener/hotel housekeeper/waiter etc has to drive 45+ miles to work one way, how much do you think the prices of the services they provide will go up for everyone?
