[quote=sdduuuude][quote=bearishgurl]I disagree that the long-term owner occupier buyer can’t find a decent house in the $320-$400K range. Some of them may need a little work, but they’re out there.[/quote]
Ya “out there” as in “way the hell out there” as in Santee, Lakeside and Ramona.[/quote]
No, there are quite a few other areas in SD County which have this calibur of SFR’s …. yes, even 4 bdrm SFR’s!
A buyer in this price range is in the “FTB range,” whether they are actually shopping for their “first home” …. or not.
Beggars can’t be choosers.
Notice that all three of the areas you mentioned, sdduuuude, are already FULL of residents, a large percentage with a much HIGHER net worth than many Piggs!
And “Ramona” not longer qualifies to have this “calibur” of home readily available. It is mostly out of this price range.
