- This topic has 65 replies, 11 voices, and was last updated 16 years, 10 months ago by michael.
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January 7, 2008 at 9:43 AM #130870January 7, 2008 at 12:36 PM #131131OwnerOfCaliforniaParticipant
I spent last summer working in Pasadena, and as many of you are probably aware it is a very walkable community. I did not drive up there to work; I took the Amtrak to and from downtown LA on Mondays and Fridays, and used the Gold Line metro-rail to get to and from Pasadena. Everything was within walking distance from the hotel. Food, entertainment, shopping, whatever. (I used the bus to get to my customer’s site since it was a bit further, only a 10-minute ride).
This is basically a dream community for me; very walkable, very little need for a car. Quite the contrast from living at the end of a cul-de-sac and being hopelessly car dependent to do anything. I’ve long held a contrarian notion that maybe in the future these dense, walkable communities will fare quite well. The condo glut in downtown San Diego and elsewhere may seem bad now, but our energy and transportation woes will intensify and the personal motor-coach will transition from a convenience to a liability.
I can’t speak for the specific property mentioned above; it does look like a pathetic flip attempt. But future price strength in these communities will not surprise me.
January 7, 2008 at 12:36 PM #131194OwnerOfCaliforniaParticipantI spent last summer working in Pasadena, and as many of you are probably aware it is a very walkable community. I did not drive up there to work; I took the Amtrak to and from downtown LA on Mondays and Fridays, and used the Gold Line metro-rail to get to and from Pasadena. Everything was within walking distance from the hotel. Food, entertainment, shopping, whatever. (I used the bus to get to my customer’s site since it was a bit further, only a 10-minute ride).
This is basically a dream community for me; very walkable, very little need for a car. Quite the contrast from living at the end of a cul-de-sac and being hopelessly car dependent to do anything. I’ve long held a contrarian notion that maybe in the future these dense, walkable communities will fare quite well. The condo glut in downtown San Diego and elsewhere may seem bad now, but our energy and transportation woes will intensify and the personal motor-coach will transition from a convenience to a liability.
I can’t speak for the specific property mentioned above; it does look like a pathetic flip attempt. But future price strength in these communities will not surprise me.
January 7, 2008 at 12:36 PM #131229OwnerOfCaliforniaParticipantI spent last summer working in Pasadena, and as many of you are probably aware it is a very walkable community. I did not drive up there to work; I took the Amtrak to and from downtown LA on Mondays and Fridays, and used the Gold Line metro-rail to get to and from Pasadena. Everything was within walking distance from the hotel. Food, entertainment, shopping, whatever. (I used the bus to get to my customer’s site since it was a bit further, only a 10-minute ride).
This is basically a dream community for me; very walkable, very little need for a car. Quite the contrast from living at the end of a cul-de-sac and being hopelessly car dependent to do anything. I’ve long held a contrarian notion that maybe in the future these dense, walkable communities will fare quite well. The condo glut in downtown San Diego and elsewhere may seem bad now, but our energy and transportation woes will intensify and the personal motor-coach will transition from a convenience to a liability.
I can’t speak for the specific property mentioned above; it does look like a pathetic flip attempt. But future price strength in these communities will not surprise me.
January 7, 2008 at 12:36 PM #130944OwnerOfCaliforniaParticipantI spent last summer working in Pasadena, and as many of you are probably aware it is a very walkable community. I did not drive up there to work; I took the Amtrak to and from downtown LA on Mondays and Fridays, and used the Gold Line metro-rail to get to and from Pasadena. Everything was within walking distance from the hotel. Food, entertainment, shopping, whatever. (I used the bus to get to my customer’s site since it was a bit further, only a 10-minute ride).
This is basically a dream community for me; very walkable, very little need for a car. Quite the contrast from living at the end of a cul-de-sac and being hopelessly car dependent to do anything. I’ve long held a contrarian notion that maybe in the future these dense, walkable communities will fare quite well. The condo glut in downtown San Diego and elsewhere may seem bad now, but our energy and transportation woes will intensify and the personal motor-coach will transition from a convenience to a liability.
I can’t speak for the specific property mentioned above; it does look like a pathetic flip attempt. But future price strength in these communities will not surprise me.
January 7, 2008 at 12:36 PM #131125OwnerOfCaliforniaParticipantI spent last summer working in Pasadena, and as many of you are probably aware it is a very walkable community. I did not drive up there to work; I took the Amtrak to and from downtown LA on Mondays and Fridays, and used the Gold Line metro-rail to get to and from Pasadena. Everything was within walking distance from the hotel. Food, entertainment, shopping, whatever. (I used the bus to get to my customer’s site since it was a bit further, only a 10-minute ride).
This is basically a dream community for me; very walkable, very little need for a car. Quite the contrast from living at the end of a cul-de-sac and being hopelessly car dependent to do anything. I’ve long held a contrarian notion that maybe in the future these dense, walkable communities will fare quite well. The condo glut in downtown San Diego and elsewhere may seem bad now, but our energy and transportation woes will intensify and the personal motor-coach will transition from a convenience to a liability.
I can’t speak for the specific property mentioned above; it does look like a pathetic flip attempt. But future price strength in these communities will not surprise me.
January 7, 2008 at 1:29 PM #131165donaldduckmooreParticipantThe owner is silly and the buyers (if there are any) are stupid.
January 7, 2008 at 1:29 PM #131171donaldduckmooreParticipantThe owner is silly and the buyers (if there are any) are stupid.
January 7, 2008 at 1:29 PM #130984donaldduckmooreParticipantThe owner is silly and the buyers (if there are any) are stupid.
January 7, 2008 at 1:29 PM #131232donaldduckmooreParticipantThe owner is silly and the buyers (if there are any) are stupid.
January 7, 2008 at 1:29 PM #131270donaldduckmooreParticipantThe owner is silly and the buyers (if there are any) are stupid.
January 7, 2008 at 6:44 PM #131223michaelParticipantI currently live in Pasadena. The old town area of Pasadena is a pretty cool scence. Lots of things to do. Hip scene for 20 somethings. But, I don’t see folks hanging around after their 20’s and trying to raise a family in the “hip urban” area of town.
20 somethings, for the most part, can’t afford $1mm lofts or even $500k lofts so their is nothing that could sustain sky high prices.
The builders continue to put up their hybrid (retail floor level, condo upper level) buildings, with many still under construction. I’m thinking this thing has got to crash along with the rest of it.
January 7, 2008 at 6:44 PM #131403michaelParticipantI currently live in Pasadena. The old town area of Pasadena is a pretty cool scence. Lots of things to do. Hip scene for 20 somethings. But, I don’t see folks hanging around after their 20’s and trying to raise a family in the “hip urban” area of town.
20 somethings, for the most part, can’t afford $1mm lofts or even $500k lofts so their is nothing that could sustain sky high prices.
The builders continue to put up their hybrid (retail floor level, condo upper level) buildings, with many still under construction. I’m thinking this thing has got to crash along with the rest of it.
January 7, 2008 at 6:44 PM #131411michaelParticipantI currently live in Pasadena. The old town area of Pasadena is a pretty cool scence. Lots of things to do. Hip scene for 20 somethings. But, I don’t see folks hanging around after their 20’s and trying to raise a family in the “hip urban” area of town.
20 somethings, for the most part, can’t afford $1mm lofts or even $500k lofts so their is nothing that could sustain sky high prices.
The builders continue to put up their hybrid (retail floor level, condo upper level) buildings, with many still under construction. I’m thinking this thing has got to crash along with the rest of it.
January 7, 2008 at 6:44 PM #131475michaelParticipantI currently live in Pasadena. The old town area of Pasadena is a pretty cool scence. Lots of things to do. Hip scene for 20 somethings. But, I don’t see folks hanging around after their 20’s and trying to raise a family in the “hip urban” area of town.
20 somethings, for the most part, can’t afford $1mm lofts or even $500k lofts so their is nothing that could sustain sky high prices.
The builders continue to put up their hybrid (retail floor level, condo upper level) buildings, with many still under construction. I’m thinking this thing has got to crash along with the rest of it.
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