out of curiosity – these homes in Tem/Murr that are selling at 400-500…
if these homes were in Carmel valley what would they cost?
or other areas of San diego?
i assume the average temecula person stillworks in SD (or OC) and they only came up here to Tem to get more bang for the buck. if prices fall enough, and gas prices increase enough – it really could make a difference between moving back to SD…
i wonder at what point that “equilibrium” would happen and you would see people leaving Tem?
i used to commute over an hour….before I sold my last home…and i was spending close to 500-600/month in fuel….and i had a reasonably economic car..not a hummer or anything like half of Temcula seems to drive.. 🙂
gas is much more expensive NOW than when I was commuting. i can easily see some people wh live in Winchester or Hemet who work in SD spending $1000/month in gas to get to work.
why not put that grand to a mortgage and move to SD once prices come down a bit.. at some point people are going to run those humbers and make the decision to relocate BACK to SD… or not??