north park definately has it’s advantages… the original zombie lounge, lancers, the russian joint, the hot chef, the red fox, di milles, close proximity to everything…
(edit: it’s not like we dont have cars either…)
but the way rents have been going up, real estate, you’d think np is the east village of sd or whatever swank place you want. it’s not, it is still a dump and will remain so for some very fundamental, basic reasons:
the scum. try walking up to the liquor store on el cajon at night some time.
the pros. yeah, those girls.
the proximity of all the shtbox stucco mexican prisons to each other.
the rent to own ratio.
the low tax base.
the indifferent landlords.
the downsides can’t be ignored, especially when making an re valuation. compare the 3 bed/3 bath condo my bro owned in loma portal (resort style community pool, empty/quiet streets, private car ports), purchased for 180 in 98 to your new fangled, mc esher wanna be place with no parking, no pool, in the ghetro. it aint 98 no more, but it’s not like we all won the lotto here either.
if that place was reasonably priced, 100-150, i’d be proud to own there too. but as it is, i’d be embarrassed.
