Is Temecula a good LT investment?

[cashflow]

I think what you describe is urban vs. suburban. Temecula is definitely suburbia. You gravitate to what you know, what you grew up around. By what you describe, I would think closer to San Diego would be a better choice for you.

[sandiego]

How good will the schools be in Temecula when their tax base is decimated by the foreclosures and declining property tax revenues over the next 36 months?

[sandiego]

How good will the schools be in Temecula when their tax base is decimated by the foreclosures and declining property tax revenues over the next 36 months?

[sandiego]

How good will the schools be in Temecula when their tax base is decimated by the foreclosures and declining property tax revenues over the next 36 months?

[sandiego]

How good will the schools be in Temecula when their tax base is decimated by the foreclosures and declining property tax revenues over the next 36 months?

[sandiego]

How good will the schools be in Temecula when their tax base is decimated by the foreclosures and declining property tax revenues over the next 36 months?

[temeculaguy]

san diego, this is not the first “rodeo” for the Temecula schools, the downturn of 1992-1996 did not harm the schools based on how tax revenue is collected and dispersed, this one wont either. A little civics lesson but while the county collects your property taxes, the state takes most of it, throws it in a pile and redistributes it, not evenly I might add but based on a few factors, enrollment being one of them (a little socialism at play). Tax wise, the city will be fine, cities primarily live on sales tax, not so much property tax and the city has almost all of the region’s retail, (mall, auto mall, etc.). The schools are all pretty much new and were paid for by the developers, the district isn’t paying off huge debt from construction and deoesn’t have repair or refurbishment obligations looming so I’m not worried about them. Most districts are crying in the media because the state is going to reduce their scheduled budget increase, but that is pretty much just noise.

I actually think that the r/e crash will help the schools locally. School quality is primarily based on the staff. If a teacher is good and makes 60-75k no matter what district they work in but house prices are half in Temecula compared to let’s say carlsbad, why would a good teacher choose to live in carlsbad where their pay is 1/10 of the cost of a house vs temecula where their pay is 1/3 or 1/4 of a median house. This is because in areas where housing costs double, teacher pay isn’t double and that goes back to the way the state “redistributes” property taxes. The other quality factor is the students themselves, temecula has benefitted from a high number of stay at home moms, I’ve lived on streets where the number is 90% of the moms stay at home and that is why they moved here. Evidence of this can be found when comparing a typical school in Poway vs. a more expensive area, let’s say La Jolla, Poway homes are cheaper than La Jolla but their schools do better, why, the parents are of a different ilk, few move their kids to private schools and the teachers can live better on a similar salary. The recent bubble is going to hurt the poway district’s ability to attract quality teachers if prices don’t come down but they will always be cheaper than La jolla.

[temeculaguy]

san diego, this is not the first “rodeo” for the Temecula schools, the downturn of 1992-1996 did not harm the schools based on how tax revenue is collected and dispersed, this one wont either. A little civics lesson but while the county collects your property taxes, the state takes most of it, throws it in a pile and redistributes it, not evenly I might add but based on a few factors, enrollment being one of them (a little socialism at play). Tax wise, the city will be fine, cities primarily live on sales tax, not so much property tax and the city has almost all of the region’s retail, (mall, auto mall, etc.). The schools are all pretty much new and were paid for by the developers, the district isn’t paying off huge debt from construction and deoesn’t have repair or refurbishment obligations looming so I’m not worried about them. Most districts are crying in the media because the state is going to reduce their scheduled budget increase, but that is pretty much just noise.

I actually think that the r/e crash will help the schools locally. School quality is primarily based on the staff. If a teacher is good and makes 60-75k no matter what district they work in but house prices are half in Temecula compared to let’s say carlsbad, why would a good teacher choose to live in carlsbad where their pay is 1/10 of the cost of a house vs temecula where their pay is 1/3 or 1/4 of a median house. This is because in areas where housing costs double, teacher pay isn’t double and that goes back to the way the state “redistributes” property taxes. The other quality factor is the students themselves, temecula has benefitted from a high number of stay at home moms, I’ve lived on streets where the number is 90% of the moms stay at home and that is why they moved here. Evidence of this can be found when comparing a typical school in Poway vs. a more expensive area, let’s say La Jolla, Poway homes are cheaper than La Jolla but their schools do better, why, the parents are of a different ilk, few move their kids to private schools and the teachers can live better on a similar salary. The recent bubble is going to hurt the poway district’s ability to attract quality teachers if prices don’t come down but they will always be cheaper than La jolla.

[temeculaguy]

san diego, this is not the first “rodeo” for the Temecula schools, the downturn of 1992-1996 did not harm the schools based on how tax revenue is collected and dispersed, this one wont either. A little civics lesson but while the county collects your property taxes, the state takes most of it, throws it in a pile and redistributes it, not evenly I might add but based on a few factors, enrollment being one of them (a little socialism at play). Tax wise, the city will be fine, cities primarily live on sales tax, not so much property tax and the city has almost all of the region’s retail, (mall, auto mall, etc.). The schools are all pretty much new and were paid for by the developers, the district isn’t paying off huge debt from construction and deoesn’t have repair or refurbishment obligations looming so I’m not worried about them. Most districts are crying in the media because the state is going to reduce their scheduled budget increase, but that is pretty much just noise.

I actually think that the r/e crash will help the schools locally. School quality is primarily based on the staff. If a teacher is good and makes 60-75k no matter what district they work in but house prices are half in Temecula compared to let’s say carlsbad, why would a good teacher choose to live in carlsbad where their pay is 1/10 of the cost of a house vs temecula where their pay is 1/3 or 1/4 of a median house. This is because in areas where housing costs double, teacher pay isn’t double and that goes back to the way the state “redistributes” property taxes. The other quality factor is the students themselves, temecula has benefitted from a high number of stay at home moms, I’ve lived on streets where the number is 90% of the moms stay at home and that is why they moved here. Evidence of this can be found when comparing a typical school in Poway vs. a more expensive area, let’s say La Jolla, Poway homes are cheaper than La Jolla but their schools do better, why, the parents are of a different ilk, few move their kids to private schools and the teachers can live better on a similar salary. The recent bubble is going to hurt the poway district’s ability to attract quality teachers if prices don’t come down but they will always be cheaper than La jolla.

[temeculaguy]

san diego, this is not the first “rodeo” for the Temecula schools, the downturn of 1992-1996 did not harm the schools based on how tax revenue is collected and dispersed, this one wont either. A little civics lesson but while the county collects your property taxes, the state takes most of it, throws it in a pile and redistributes it, not evenly I might add but based on a few factors, enrollment being one of them (a little socialism at play). Tax wise, the city will be fine, cities primarily live on sales tax, not so much property tax and the city has almost all of the region’s retail, (mall, auto mall, etc.). The schools are all pretty much new and were paid for by the developers, the district isn’t paying off huge debt from construction and deoesn’t have repair or refurbishment obligations looming so I’m not worried about them. Most districts are crying in the media because the state is going to reduce their scheduled budget increase, but that is pretty much just noise.

I actually think that the r/e crash will help the schools locally. School quality is primarily based on the staff. If a teacher is good and makes 60-75k no matter what district they work in but house prices are half in Temecula compared to let’s say carlsbad, why would a good teacher choose to live in carlsbad where their pay is 1/10 of the cost of a house vs temecula where their pay is 1/3 or 1/4 of a median house. This is because in areas where housing costs double, teacher pay isn’t double and that goes back to the way the state “redistributes” property taxes. The other quality factor is the students themselves, temecula has benefitted from a high number of stay at home moms, I’ve lived on streets where the number is 90% of the moms stay at home and that is why they moved here. Evidence of this can be found when comparing a typical school in Poway vs. a more expensive area, let’s say La Jolla, Poway homes are cheaper than La Jolla but their schools do better, why, the parents are of a different ilk, few move their kids to private schools and the teachers can live better on a similar salary. The recent bubble is going to hurt the poway district’s ability to attract quality teachers if prices don’t come down but they will always be cheaper than La jolla.

[temeculaguy]

san diego, this is not the first “rodeo” for the Temecula schools, the downturn of 1992-1996 did not harm the schools based on how tax revenue is collected and dispersed, this one wont either. A little civics lesson but while the county collects your property taxes, the state takes most of it, throws it in a pile and redistributes it, not evenly I might add but based on a few factors, enrollment being one of them (a little socialism at play). Tax wise, the city will be fine, cities primarily live on sales tax, not so much property tax and the city has almost all of the region’s retail, (mall, auto mall, etc.). The schools are all pretty much new and were paid for by the developers, the district isn’t paying off huge debt from construction and deoesn’t have repair or refurbishment obligations looming so I’m not worried about them. Most districts are crying in the media because the state is going to reduce their scheduled budget increase, but that is pretty much just noise.

I actually think that the r/e crash will help the schools locally. School quality is primarily based on the staff. If a teacher is good and makes 60-75k no matter what district they work in but house prices are half in Temecula compared to let’s say carlsbad, why would a good teacher choose to live in carlsbad where their pay is 1/10 of the cost of a house vs temecula where their pay is 1/3 or 1/4 of a median house. This is because in areas where housing costs double, teacher pay isn’t double and that goes back to the way the state “redistributes” property taxes. The other quality factor is the students themselves, temecula has benefitted from a high number of stay at home moms, I’ve lived on streets where the number is 90% of the moms stay at home and that is why they moved here. Evidence of this can be found when comparing a typical school in Poway vs. a more expensive area, let’s say La Jolla, Poway homes are cheaper than La Jolla but their schools do better, why, the parents are of a different ilk, few move their kids to private schools and the teachers can live better on a similar salary. The recent bubble is going to hurt the poway district’s ability to attract quality teachers if prices don’t come down but they will always be cheaper than La jolla.

[dharmagirl]

Hi paramount,

I’m not sure how you got a “superiority complex” out of my ramblings 🙂 I dont feel “superior” to the Temecula demographic. I simply feel like I dont quite fit in.

I think many of us believe that our choices, preferences and life paths are better than our friend or neighbors.

When I said “Temecula Profile” that was based on my understanding that Temecula attracts older, retired couples or families who are drawn to the great schools, weather, larger homes, etc. In no way did I mean that a “Temecula person” is a ‘desert rat’ or lower form of human life.

I grew up in a major city, went to school in NYC, worked for a news organization in Atlanta, then D.C., lived in Mission Hills in San Diego.

So, yes, I suppose it’s only natural that I enjoy being around people who share my interests, passions, and like to do some of the same things.

For our life right now, San Marcos probably makes the most sense for ME. That may not be the case for you, or the guy down the block.

SM is not a bad commute for my husband and it’s near more of the things that we both enjoy doing.

I think if we had children, or had both grown up here, gone to school here, with existing networks of friends and family in the area, our physical address probably wouldnt be such a big deal.

But, as we are recently married, trying to build “our” life together I’m pretty sure that Temecula will be a little challenging.

Yes, Temecula has a nice arts center – but I prefer to be closer to the CA Performing Arts Center, colleges, galleries and DT san diego. Again, that’s just me.

[dharmagirl]

Hi paramount,

I’m not sure how you got a “superiority complex” out of my ramblings 🙂 I dont feel “superior” to the Temecula demographic. I simply feel like I dont quite fit in.

I think many of us believe that our choices, preferences and life paths are better than our friend or neighbors.

When I said “Temecula Profile” that was based on my understanding that Temecula attracts older, retired couples or families who are drawn to the great schools, weather, larger homes, etc. In no way did I mean that a “Temecula person” is a ‘desert rat’ or lower form of human life.

I grew up in a major city, went to school in NYC, worked for a news organization in Atlanta, then D.C., lived in Mission Hills in San Diego.

So, yes, I suppose it’s only natural that I enjoy being around people who share my interests, passions, and like to do some of the same things.

For our life right now, San Marcos probably makes the most sense for ME. That may not be the case for you, or the guy down the block.

SM is not a bad commute for my husband and it’s near more of the things that we both enjoy doing.

I think if we had children, or had both grown up here, gone to school here, with existing networks of friends and family in the area, our physical address probably wouldnt be such a big deal.

But, as we are recently married, trying to build “our” life together I’m pretty sure that Temecula will be a little challenging.

Yes, Temecula has a nice arts center – but I prefer to be closer to the CA Performing Arts Center, colleges, galleries and DT san diego. Again, that’s just me.

[dharmagirl]

Hi paramount,

I’m not sure how you got a “superiority complex” out of my ramblings 🙂 I dont feel “superior” to the Temecula demographic. I simply feel like I dont quite fit in.

I think many of us believe that our choices, preferences and life paths are better than our friend or neighbors.

When I said “Temecula Profile” that was based on my understanding that Temecula attracts older, retired couples or families who are drawn to the great schools, weather, larger homes, etc. In no way did I mean that a “Temecula person” is a ‘desert rat’ or lower form of human life.

I grew up in a major city, went to school in NYC, worked for a news organization in Atlanta, then D.C., lived in Mission Hills in San Diego.

So, yes, I suppose it’s only natural that I enjoy being around people who share my interests, passions, and like to do some of the same things.

For our life right now, San Marcos probably makes the most sense for ME. That may not be the case for you, or the guy down the block.

SM is not a bad commute for my husband and it’s near more of the things that we both enjoy doing.

I think if we had children, or had both grown up here, gone to school here, with existing networks of friends and family in the area, our physical address probably wouldnt be such a big deal.

But, as we are recently married, trying to build “our” life together I’m pretty sure that Temecula will be a little challenging.

Yes, Temecula has a nice arts center – but I prefer to be closer to the CA Performing Arts Center, colleges, galleries and DT san diego. Again, that’s just me.

[dharmagirl]

Hi paramount,

I’m not sure how you got a “superiority complex” out of my ramblings 🙂 I dont feel “superior” to the Temecula demographic. I simply feel like I dont quite fit in.

I think many of us believe that our choices, preferences and life paths are better than our friend or neighbors.

When I said “Temecula Profile” that was based on my understanding that Temecula attracts older, retired couples or families who are drawn to the great schools, weather, larger homes, etc. In no way did I mean that a “Temecula person” is a ‘desert rat’ or lower form of human life.

I grew up in a major city, went to school in NYC, worked for a news organization in Atlanta, then D.C., lived in Mission Hills in San Diego.

So, yes, I suppose it’s only natural that I enjoy being around people who share my interests, passions, and like to do some of the same things.

For our life right now, San Marcos probably makes the most sense for ME. That may not be the case for you, or the guy down the block.

SM is not a bad commute for my husband and it’s near more of the things that we both enjoy doing.

I think if we had children, or had both grown up here, gone to school here, with existing networks of friends and family in the area, our physical address probably wouldnt be such a big deal.

But, as we are recently married, trying to build “our” life together I’m pretty sure that Temecula will be a little challenging.

Yes, Temecula has a nice arts center – but I prefer to be closer to the CA Performing Arts Center, colleges, galleries and DT san diego. Again, that’s just me.

[Author]

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