[quote=sdrealtor]Location, location, location. Close to the jobs and good access to everything good about SD. In the last decade or so they built at least 2 times this many LARGE single family homes as well as thousands of condos in the Encinitas/South Carlsbad/SW San Marcos area. I dont see many of them sitting empty. They will have no problem absorbing that many.[/quote]
Nirvana is NOT MM. They are apples and oranges. The construction in Nirvana was mostly SFRs built on tract. Several of the condo complexes that were built there during the same era were simply to satisfy developers’ “low-income” housing requirements in exchange for permitting their “profit-making” SFR tracts.
The main thoroughfares in MM have been severely crowded for years (before I read about this here, I actually thought MM was built out). It didn’t really connect it my mind that the vacant land east of the cemetery was part of MM. Until consulting a current Thomas Guide, I guess I assumed it was in 92121, lol.
San Marcos IS comparable to MM in many ways. HOWEVER it had MUCH more open space available than MM did, but was not zoned for tract development until +/- ten years ago. Remember that SEH, San Marcos’ *new* master-planned community, houses its largest source of new population in the last decade. The land SEH sits on was NOT AVAILABLE for residential building before that as it surrounded a methane-producing longtime LANDFILL.