[quote=paramount]One thing this thread demonstrates to me is that many piggs are absolutely out of touch with what’s left of the middle class in SD.
Almost as if SD is the Capital District in the Hunger Games.[/quote]
paramount, I’ve always known exactly what “middle class” means in San Diego.
If you’re implying that CarmelV is a “middle class” area, you’ve got it all wrong.
If a person wants to move from a “middle class” area (such as Clairemont SD) to an upper-middle class area (such as CarmelV SD), they are going to have to pay more … sometimes MUCH more for a home. It is very possible that a certain Pigg may be able to fetch $125K more for his property in Clairemont in 2013 than he thinks will be possible … that is, if it is in top condition, is on a good street and has a good lot 🙂
Even though I don’t like mostly two-story gargantuan boxes mostly 6-8 feet from one another with poss HOA/MR, it stands to reason that, for investment purposes, “overpaying” by $125K for a property in CarmelV is highly preferable to “overpaying” by $125K in lower-priced Clairemont.
In a rising market, the act of “overpaying” is very subjective.
But I also realize that it will be a MUCH larger monthly cash outlay to live in CarmelV and can see where said Pigg is coming from.
Some `food for thought’ here:
What is CarmelV Middle really worth in comparison to sdduuuude’s five area school choices (++ CHOICE/VEEP/NCLB or whatever his kids qualify for). What about TPHS vs Madison (or other CHOICE, etc)? Is it really worth twice as much money as what his current home is worth? And what about just 6-7 short years from now, when his kids (twins?) graduate from HS. Do he and his spouse REALLY want to live in a gargantuan soul-less airplane hangar by themselves for which they felt they “overpaid” to get into in 2013? OR, will they make a killing reselling it for ~$500K more??
Or will the Clairemont they left behind be the ~new “happening hood” in 2020?
For a variety of reasons, I personally wouldn’t want to live in CarmelV even if I could afford it 🙂 Even though I haven’t seen it and don’t know where it is, I would probably be happier in sdduuuude’s old house (yes, even if my HS student-kid followed me), but that’s just me :=]
