1. We all remember the million-dollar TERI house in Bressi Ranch, bought with $795,000 from the City of Carlsbad to house a handful of disabled adults.
2. There is one on the table currently with the Carlsbad city council to blow another $1,000,000+ to purchase a medical condo on CV Drive across from city hall. They want to set up a shop for welfare recipients, and use taxpayer money to fund it.
I have no problem with the city/state/fed gov helping disabled/welfare folks. In fact, I am all for it.
But why do they need such swanky upscale real estate?
It’s because the brokers are pushing it as the only alternative.
I was asked to find other options for the welfare office, and within minutes provided two solid choices off the MLS around the downtown Carlsbad area, priced at $650,000 and $795,000.