You guys don’t pay attention. I never said anything about 4S not losing value. Its lost value, it is losing value, and it will continue to lose value for a time. The ONLY point I made was that “all things being equal” (i.e. all of SD in a downward RE spiral) 4S has unique added value in that it is built with “fire resistant” technology. A very valuable asset in San Diego these days. My only point is that 4S has valuable features built in that most other homes do not have. This will make a difference in the minds of buyers (thus I am here :-)) but its not going to stop the declining values of 4S RE, although it may slow or limit the decline. If I were a buyer on the fence between buying in 4S or elsewhere and I were aware of these facts of 4S construction it would definitely make me lean towards buying the 4S home as opposed to another I was equally considering elsewhere. Lets at least agree on the following: 1: Fires which burn homes are bad (you still with me?) and 2: homes less prone to burn due to modern contruction technology are good (still there?), and 3: 4S has this modern technology while many ohter homes don’t(an indisputable fact). Anyone who does not 100% agree on the previous three points please respond and explain yourself.
And on the benefits or not of new housing. Don’t quote me some environmentalist wacko.
“Shelter in place doesn’t change the fact you’re building in a danger zone,” said anti-sprawl activist Duncan McFetridge, president of Save Our Forest and Ranchlands .
He’s the type of person who would like to bulldoze all of SD and give in all back to the half brained spotted snail farter birds or some other obscure animal, insect, bug. His comments on fire safety of homes is worthless compared to the fire chief’s opinions.
