Downtown Condo Market – Opinions

[Trojan4Life]

My draw to downtown will be that I plan on being completely retired in my mid-fifties (I’m 42 now) and as a retired military member I have the privilege of flying on military airlift on a space available basis for free. My wife and I would like to be close to North Island NAS because they fly to Hawaii frequently. We look forward to the day when we can wake up and say “Where do we want to go today?” The dilemma is we still have two school-age kids who need a good education, which is why we’re looking at two homes. Not only will we have the additional tax write off with the second home, but it’ll be a weekend retreat when it gets hot in RB. I figure in 10 years when both kids are in college we can downsize and dump the house (hopefully with some gains) and use those gains to pay off the condo. Retired, no house payment…that’ll be the life.

T4L

[4plexowner]

“Under the new plan, downtown could absorb much of
the region’s growth, with a total of 75,000+ residents — one of the largest residential populations of any downtown in the United States. It will also accommodate substantial increase in employment, more than doubling downtown’s existing employment population, as well as substantial increases in civic and cultural amenities.”

This is the kind of BS that CCDC used to fool San Diego taxpayers

http://www.ccdc.com/planupdate/pdf/preliminary_draft_pp.pdf

[4plexowner]

“Under the new plan, downtown could absorb much of
the region’s growth, with a total of 75,000+ residents — one of the largest residential populations of any downtown in the United States. It will also accommodate substantial increase in employment, more than doubling downtown’s existing employment population, as well as substantial increases in civic and cultural amenities.”

This is the kind of BS that CCDC used to fool San Diego taxpayers

http://www.ccdc.com/planupdate/pdf/preliminary_draft_pp.pdf

[4plexowner]

“Under the new plan, downtown could absorb much of
the region’s growth, with a total of 75,000+ residents — one of the largest residential populations of any downtown in the United States. It will also accommodate substantial increase in employment, more than doubling downtown’s existing employment population, as well as substantial increases in civic and cultural amenities.”

This is the kind of BS that CCDC used to fool San Diego taxpayers

http://www.ccdc.com/planupdate/pdf/preliminary_draft_pp.pdf

[4plexowner]

“Under the new plan, downtown could absorb much of
the region’s growth, with a total of 75,000+ residents — one of the largest residential populations of any downtown in the United States. It will also accommodate substantial increase in employment, more than doubling downtown’s existing employment population, as well as substantial increases in civic and cultural amenities.”

This is the kind of BS that CCDC used to fool San Diego taxpayers

http://www.ccdc.com/planupdate/pdf/preliminary_draft_pp.pdf

[4plexowner]

“Under the new plan, downtown could absorb much of
the region’s growth, with a total of 75,000+ residents — one of the largest residential populations of any downtown in the United States. It will also accommodate substantial increase in employment, more than doubling downtown’s existing employment population, as well as substantial increases in civic and cultural amenities.”

This is the kind of BS that CCDC used to fool San Diego taxpayers

http://www.ccdc.com/planupdate/pdf/preliminary_draft_pp.pdf

[barnaby33]

Its not that they lied, its just that the jobs created (waiters and bartenders) aren’t going to earn enough to live downtown in rentals, let alone buy.
Josh

[barnaby33]

Its not that they lied, its just that the jobs created (waiters and bartenders) aren’t going to earn enough to live downtown in rentals, let alone buy.
Josh

[barnaby33]

Its not that they lied, its just that the jobs created (waiters and bartenders) aren’t going to earn enough to live downtown in rentals, let alone buy.
Josh

[barnaby33]

Its not that they lied, its just that the jobs created (waiters and bartenders) aren’t going to earn enough to live downtown in rentals, let alone buy.
Josh

[barnaby33]

Its not that they lied, its just that the jobs created (waiters and bartenders) aren’t going to earn enough to live downtown in rentals, let alone buy.
Josh

[macmichael]

We moved to SD in 98 and thought we were ready for a condo. First year lived in Park Row downtown and then bought on Bankers Hill in Brittany Tower. After 5 years we sold and moved to Del Cerro for a SFR. This was well before the high rise condo explosion. Some points we found.

We always tended to go north to Hillcrest or Little Italy to eat; Gas Lamp was too expensive, and too tourist focused.

At the time Ralph’s was only store and it was way over priced. Had to drive too far to get to anything. Shortage of a wide variety of services.

Parking, storage, homeless people, HOA issues and a wide variety of similar issues and we said no more. Although Bankers Hill was alot better than downtown.

All the advertising shows the glamor and implies everything is so light and easy. I suppose if you have unlimited $$$ and live in best building and can hire everything out ( dog walking, cleaning, shopping, etc. ) it is okay, but think carefully about the reality of everyday life and how the HOA limits your rights. Been there, done that.

[macmichael]

We moved to SD in 98 and thought we were ready for a condo. First year lived in Park Row downtown and then bought on Bankers Hill in Brittany Tower. After 5 years we sold and moved to Del Cerro for a SFR. This was well before the high rise condo explosion. Some points we found.

We always tended to go north to Hillcrest or Little Italy to eat; Gas Lamp was too expensive, and too tourist focused.

At the time Ralph’s was only store and it was way over priced. Had to drive too far to get to anything. Shortage of a wide variety of services.

Parking, storage, homeless people, HOA issues and a wide variety of similar issues and we said no more. Although Bankers Hill was alot better than downtown.

All the advertising shows the glamor and implies everything is so light and easy. I suppose if you have unlimited $$$ and live in best building and can hire everything out ( dog walking, cleaning, shopping, etc. ) it is okay, but think carefully about the reality of everyday life and how the HOA limits your rights. Been there, done that.

[macmichael]

We moved to SD in 98 and thought we were ready for a condo. First year lived in Park Row downtown and then bought on Bankers Hill in Brittany Tower. After 5 years we sold and moved to Del Cerro for a SFR. This was well before the high rise condo explosion. Some points we found.

We always tended to go north to Hillcrest or Little Italy to eat; Gas Lamp was too expensive, and too tourist focused.

At the time Ralph’s was only store and it was way over priced. Had to drive too far to get to anything. Shortage of a wide variety of services.

Parking, storage, homeless people, HOA issues and a wide variety of similar issues and we said no more. Although Bankers Hill was alot better than downtown.

All the advertising shows the glamor and implies everything is so light and easy. I suppose if you have unlimited $$$ and live in best building and can hire everything out ( dog walking, cleaning, shopping, etc. ) it is okay, but think carefully about the reality of everyday life and how the HOA limits your rights. Been there, done that.

[macmichael]

We moved to SD in 98 and thought we were ready for a condo. First year lived in Park Row downtown and then bought on Bankers Hill in Brittany Tower. After 5 years we sold and moved to Del Cerro for a SFR. This was well before the high rise condo explosion. Some points we found.

We always tended to go north to Hillcrest or Little Italy to eat; Gas Lamp was too expensive, and too tourist focused.

At the time Ralph’s was only store and it was way over priced. Had to drive too far to get to anything. Shortage of a wide variety of services.

Parking, storage, homeless people, HOA issues and a wide variety of similar issues and we said no more. Although Bankers Hill was alot better than downtown.

All the advertising shows the glamor and implies everything is so light and easy. I suppose if you have unlimited $$$ and live in best building and can hire everything out ( dog walking, cleaning, shopping, etc. ) it is okay, but think carefully about the reality of everyday life and how the HOA limits your rights. Been there, done that.

[Author]

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