[quote=Rhett][quote=bearishgurl]There are TOO MANY prospective BUYERS out there who want a *newer* and *bigger* house for less money. They don’t CARE where its located.
There seems to be a HUGE HOMEBUYING CONTINGENT in “Gen Y” who doesn’t give a rat’s ass about a big lot (too much work) and doesn’t CARE if they have to commute ~1 hr+ to/from work to get the house they want at a particular price point … at least they don’t seem to care at the time they sign on the dotted line…
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Though I think these are reasonable points, I think you are dismissing the “wide open spaces” contingent of people that are interested in Temecula. I guess you can get that in parts of Ramona, but that really isn’t that much of a better commute than Temecula, and you are a heck of a lot further from a good part of civilization than you would be with Temecula.[/quote]
What I was getting at, from my experience especially in SoCal, Suburbs (not all but most) start out as bedroom communities then once they achieve a certain gravity (I think Temecula is there now) they start becoming Job centers and sprout suburbs etc…
Having witnessed it several times in Simi-valley, west-lake and Valencia etc… and you could go back to the communities of San Fernando valley etc.. if you wanted to go back in history.
