North East Rancho Penasquitos

[UCGal]

[quote=bearishgurl]
Conversely, there is the quintessential CV couple in their mid-eighties who drive a 15-yr-old Lexus. (Came over to Ellis Island as children [TRUE].) Have pd. for home in MC/lower-MC area in perfect cond. inside and out as is their car. Too old to travel but active and content. Still LOADED with $$ so as not to be a burden on their children. THERE ARE LOTS OF THESE OWNERS STILL ALIVE IN SD, sdr. “Wealth” has many different faces.[/quote]

I would say there are a lot of “quintessential CV couples” in other parts of the county. University City (the south part) is full of them. As is Clairemont. In fact any neighborhood that was developed in the 50’s, 60’s and 70’s probably are full of older couples with paid off houses, paid off cars, and decent wealth in the bank.

My dad was one of them till he downsized and sold to us (and moved in with his wife who’s also got a paid off house.).

My next door neighbors ON BOTH SIDES are in this camp… one bought new in 64, the other didn’t buy till the mid 70’s… both have 100% equity, no loans.

I don’t think your described scenario is exclusive to Chula Vista – it’s common in many older neighborhoods in the county.

[bearishgurl]

[quote=AN]Fair enough. By that definition, Eastlake and other eastern/newer area of Chula Vista are also bedroom communities. Since they’re about the same distance to Downtown as PQ.[/quote]

91914 at 18-20 mi. and 91915 at 20-22 mi. are NOT as far away from dtn. SD as PQ. However, the “hassle factor” due to surface-street traffic and the SR-125 “toll-road” confers these two zips to “bedroom-status” in my mind.

I will reply to the rest of your post on my “Wealth Distribution” thread.

[bearishgurl]

[quote=AN]Fair enough. By that definition, Eastlake and other eastern/newer area of Chula Vista are also bedroom communities. Since they’re about the same distance to Downtown as PQ.[/quote]

91914 at 18-20 mi. and 91915 at 20-22 mi. are NOT as far away from dtn. SD as PQ. However, the “hassle factor” due to surface-street traffic and the SR-125 “toll-road” confers these two zips to “bedroom-status” in my mind.

I will reply to the rest of your post on my “Wealth Distribution” thread.

[bearishgurl]

[quote=AN]Fair enough. By that definition, Eastlake and other eastern/newer area of Chula Vista are also bedroom communities. Since they’re about the same distance to Downtown as PQ.[/quote]

91914 at 18-20 mi. and 91915 at 20-22 mi. are NOT as far away from dtn. SD as PQ. However, the “hassle factor” due to surface-street traffic and the SR-125 “toll-road” confers these two zips to “bedroom-status” in my mind.

I will reply to the rest of your post on my “Wealth Distribution” thread.

[bearishgurl]

[quote=AN]Fair enough. By that definition, Eastlake and other eastern/newer area of Chula Vista are also bedroom communities. Since they’re about the same distance to Downtown as PQ.[/quote]

91914 at 18-20 mi. and 91915 at 20-22 mi. are NOT as far away from dtn. SD as PQ. However, the “hassle factor” due to surface-street traffic and the SR-125 “toll-road” confers these two zips to “bedroom-status” in my mind.

I will reply to the rest of your post on my “Wealth Distribution” thread.

[bearishgurl]

[quote=AN]Fair enough. By that definition, Eastlake and other eastern/newer area of Chula Vista are also bedroom communities. Since they’re about the same distance to Downtown as PQ.[/quote]

91914 at 18-20 mi. and 91915 at 20-22 mi. are NOT as far away from dtn. SD as PQ. However, the “hassle factor” due to surface-street traffic and the SR-125 “toll-road” confers these two zips to “bedroom-status” in my mind.

I will reply to the rest of your post on my “Wealth Distribution” thread.

[sdrealtor]

[quote=bearishgurl][quote=sdrealtor]Like real estate this is nowhere near as easy as you try to make it out to be. You could divide middle class into alot more than 3 levels. . . . I would not consider them all to be same class. Would you?[/quote]

No, I would not, sdr, see my post on wealth distribution. It all boils down to size of cash downpayments and terms of purchase.

Conversely, there is the quintessential CV couple in their mid-eighties who drive a 15-yr-old Lexus. (Came over to Ellis Island as children [TRUE].) Have pd. for home in MC/lower-MC area in perfect cond. inside and out as is their car. Too old to travel but active and content. Still LOADED with $$ so as not to be a burden on their children. THERE ARE LOTS OF THESE OWNERS STILL ALIVE IN SD, sdr. “Wealth” has many different faces.[/quote]

Exactly. You cant measure it by income or by assets alone. How you spend your money has a much to do with what class you fit in as how much you have does.

A construction worker making 200K and running a dune buggy in Glamis is far more lower middle class than a young professional who makes 75K but hangs out playing golf at Dad’s CC every Sunday who is decidely upper middle class.

[sdrealtor]

[quote=bearishgurl][quote=sdrealtor]Like real estate this is nowhere near as easy as you try to make it out to be. You could divide middle class into alot more than 3 levels. . . . I would not consider them all to be same class. Would you?[/quote]

No, I would not, sdr, see my post on wealth distribution. It all boils down to size of cash downpayments and terms of purchase.

Conversely, there is the quintessential CV couple in their mid-eighties who drive a 15-yr-old Lexus. (Came over to Ellis Island as children [TRUE].) Have pd. for home in MC/lower-MC area in perfect cond. inside and out as is their car. Too old to travel but active and content. Still LOADED with $$ so as not to be a burden on their children. THERE ARE LOTS OF THESE OWNERS STILL ALIVE IN SD, sdr. “Wealth” has many different faces.[/quote]

Exactly. You cant measure it by income or by assets alone. How you spend your money has a much to do with what class you fit in as how much you have does.

A construction worker making 200K and running a dune buggy in Glamis is far more lower middle class than a young professional who makes 75K but hangs out playing golf at Dad’s CC every Sunday who is decidely upper middle class.

[sdrealtor]

[quote=bearishgurl][quote=sdrealtor]Like real estate this is nowhere near as easy as you try to make it out to be. You could divide middle class into alot more than 3 levels. . . . I would not consider them all to be same class. Would you?[/quote]

No, I would not, sdr, see my post on wealth distribution. It all boils down to size of cash downpayments and terms of purchase.

Conversely, there is the quintessential CV couple in their mid-eighties who drive a 15-yr-old Lexus. (Came over to Ellis Island as children [TRUE].) Have pd. for home in MC/lower-MC area in perfect cond. inside and out as is their car. Too old to travel but active and content. Still LOADED with $$ so as not to be a burden on their children. THERE ARE LOTS OF THESE OWNERS STILL ALIVE IN SD, sdr. “Wealth” has many different faces.[/quote]

Exactly. You cant measure it by income or by assets alone. How you spend your money has a much to do with what class you fit in as how much you have does.

A construction worker making 200K and running a dune buggy in Glamis is far more lower middle class than a young professional who makes 75K but hangs out playing golf at Dad’s CC every Sunday who is decidely upper middle class.

[sdrealtor]

[quote=bearishgurl][quote=sdrealtor]Like real estate this is nowhere near as easy as you try to make it out to be. You could divide middle class into alot more than 3 levels. . . . I would not consider them all to be same class. Would you?[/quote]

No, I would not, sdr, see my post on wealth distribution. It all boils down to size of cash downpayments and terms of purchase.

Conversely, there is the quintessential CV couple in their mid-eighties who drive a 15-yr-old Lexus. (Came over to Ellis Island as children [TRUE].) Have pd. for home in MC/lower-MC area in perfect cond. inside and out as is their car. Too old to travel but active and content. Still LOADED with $$ so as not to be a burden on their children. THERE ARE LOTS OF THESE OWNERS STILL ALIVE IN SD, sdr. “Wealth” has many different faces.[/quote]

Exactly. You cant measure it by income or by assets alone. How you spend your money has a much to do with what class you fit in as how much you have does.

A construction worker making 200K and running a dune buggy in Glamis is far more lower middle class than a young professional who makes 75K but hangs out playing golf at Dad’s CC every Sunday who is decidely upper middle class.

[sdrealtor]

[quote=bearishgurl][quote=sdrealtor]Like real estate this is nowhere near as easy as you try to make it out to be. You could divide middle class into alot more than 3 levels. . . . I would not consider them all to be same class. Would you?[/quote]

No, I would not, sdr, see my post on wealth distribution. It all boils down to size of cash downpayments and terms of purchase.

Conversely, there is the quintessential CV couple in their mid-eighties who drive a 15-yr-old Lexus. (Came over to Ellis Island as children [TRUE].) Have pd. for home in MC/lower-MC area in perfect cond. inside and out as is their car. Too old to travel but active and content. Still LOADED with $$ so as not to be a burden on their children. THERE ARE LOTS OF THESE OWNERS STILL ALIVE IN SD, sdr. “Wealth” has many different faces.[/quote]

Exactly. You cant measure it by income or by assets alone. How you spend your money has a much to do with what class you fit in as how much you have does.

A construction worker making 200K and running a dune buggy in Glamis is far more lower middle class than a young professional who makes 75K but hangs out playing golf at Dad’s CC every Sunday who is decidely upper middle class.

[all]

[quote=sdrealtor]
Exactly. You cant measure it by income or by assets alone. How you spend your money has a much to do with what class you fit in as how much you have does.

A construction worker making 200K and running a dune buggy in Glamis is far more lower middle class than a young professional who makes 75K but hangs out playing golf at Dad’s CC every Sunday who is decidely upper middle class.[/quote]

What about a construction worker who uses his dune buggy as a golf cart on Saturdays? 😉

[all]

[quote=sdrealtor]
Exactly. You cant measure it by income or by assets alone. How you spend your money has a much to do with what class you fit in as how much you have does.

A construction worker making 200K and running a dune buggy in Glamis is far more lower middle class than a young professional who makes 75K but hangs out playing golf at Dad’s CC every Sunday who is decidely upper middle class.[/quote]

What about a construction worker who uses his dune buggy as a golf cart on Saturdays? 😉

[all]

[quote=sdrealtor]
Exactly. You cant measure it by income or by assets alone. How you spend your money has a much to do with what class you fit in as how much you have does.

A construction worker making 200K and running a dune buggy in Glamis is far more lower middle class than a young professional who makes 75K but hangs out playing golf at Dad’s CC every Sunday who is decidely upper middle class.[/quote]

What about a construction worker who uses his dune buggy as a golf cart on Saturdays? 😉

[all]

[quote=sdrealtor]
Exactly. You cant measure it by income or by assets alone. How you spend your money has a much to do with what class you fit in as how much you have does.

A construction worker making 200K and running a dune buggy in Glamis is far more lower middle class than a young professional who makes 75K but hangs out playing golf at Dad’s CC every Sunday who is decidely upper middle class.[/quote]

What about a construction worker who uses his dune buggy as a golf cart on Saturdays? 😉

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