San Diego Reader: It’s Getting Ugly Downtown

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The cover story of the latest SD Reader is all about the downtown condo situation. There are a couple of interesting stories, but not a lot of detail. Here’s an excerpt:

Their mortgage is around $2900 per month, homeowners’ association (HOA) fees are $378 per month, and taxes are another $450 — for a total payment of just over $3700 each month.

Their 1100-square-foot unit is on the sixth floor — the top floor — and it faces the tree-lined courtyard inside Union Square. It has two stories, with a 300-square-foot private deck, stainless-steel appliances, and granite countertops.

Their unit reappraised last year for $450,000. But now, Jordon Harlan says, the value is closer to $400,000, or maybe even $350,000.

[sdduuuude]

Good article. Worth a bump.

[sdduuuude]

Good article. Worth a bump.

[sdduuuude]

Good article. Worth a bump.

[sdduuuude]

Good article. Worth a bump.

[sdduuuude]

Good article. Worth a bump.

[stockstradr]

Agreed. Great article. It touches on all the Big Themes in play right now. And it does communicate the certainty that the downtown San Diegeo condo market is SCREWED.

I loved this comment “stevewag23” posted to that article. Classic!

———————————-
You really need to me making $150,000 per year in San Diego to pull it off and live a nice life.

No kids. No dog. No wife.

$300k if you want those things.

Anyone know where to get a job in San Diego for 300k?

And we don’t even have topless beaches with Model girls.

———————————-

[stockstradr]

Agreed. Great article. It touches on all the Big Themes in play right now. And it does communicate the certainty that the downtown San Diegeo condo market is SCREWED.

I loved this comment “stevewag23” posted to that article. Classic!

———————————-
You really need to me making $150,000 per year in San Diego to pull it off and live a nice life.

No kids. No dog. No wife.

$300k if you want those things.

Anyone know where to get a job in San Diego for 300k?

And we don’t even have topless beaches with Model girls.

———————————-

[stockstradr]

Agreed. Great article. It touches on all the Big Themes in play right now. And it does communicate the certainty that the downtown San Diegeo condo market is SCREWED.

I loved this comment “stevewag23” posted to that article. Classic!

———————————-
You really need to me making $150,000 per year in San Diego to pull it off and live a nice life.

No kids. No dog. No wife.

$300k if you want those things.

Anyone know where to get a job in San Diego for 300k?

And we don’t even have topless beaches with Model girls.

———————————-

[stockstradr]

Agreed. Great article. It touches on all the Big Themes in play right now. And it does communicate the certainty that the downtown San Diegeo condo market is SCREWED.

I loved this comment “stevewag23” posted to that article. Classic!

———————————-
You really need to me making $150,000 per year in San Diego to pull it off and live a nice life.

No kids. No dog. No wife.

$300k if you want those things.

Anyone know where to get a job in San Diego for 300k?

And we don’t even have topless beaches with Model girls.

———————————-

[stockstradr]

Agreed. Great article. It touches on all the Big Themes in play right now. And it does communicate the certainty that the downtown San Diegeo condo market is SCREWED.

I loved this comment “stevewag23” posted to that article. Classic!

———————————-
You really need to me making $150,000 per year in San Diego to pull it off and live a nice life.

No kids. No dog. No wife.

$300k if you want those things.

Anyone know where to get a job in San Diego for 300k?

And we don’t even have topless beaches with Model girls.

———————————-

[Ren]

You really need to me making $150,000 per year in San Diego to pull it off and live a nice life.

No kids. No dog. No wife.

$300k if you want those things.

Anyone know where to get a job in San Diego for 300k?

I know this is intended to be funny, but it really depends on your definition of “nice life”. I have a wife, kid, and dog, total household income less than $150k, and we’re very happy. There’s no Bimmer in the garage yet, but we’re not remotely close to poor.

I also wouldn’t consider it “nice” to have a wife and kid that required an additional $150k income…

[Ren]

You really need to me making $150,000 per year in San Diego to pull it off and live a nice life.

No kids. No dog. No wife.

$300k if you want those things.

Anyone know where to get a job in San Diego for 300k?

I know this is intended to be funny, but it really depends on your definition of “nice life”. I have a wife, kid, and dog, total household income less than $150k, and we’re very happy. There’s no Bimmer in the garage yet, but we’re not remotely close to poor.

I also wouldn’t consider it “nice” to have a wife and kid that required an additional $150k income…

[Ren]

You really need to me making $150,000 per year in San Diego to pull it off and live a nice life.

No kids. No dog. No wife.

$300k if you want those things.

Anyone know where to get a job in San Diego for 300k?

I know this is intended to be funny, but it really depends on your definition of “nice life”. I have a wife, kid, and dog, total household income less than $150k, and we’re very happy. There’s no Bimmer in the garage yet, but we’re not remotely close to poor.

I also wouldn’t consider it “nice” to have a wife and kid that required an additional $150k income…

[Ren]

You really need to me making $150,000 per year in San Diego to pull it off and live a nice life.

No kids. No dog. No wife.

$300k if you want those things.

Anyone know where to get a job in San Diego for 300k?

I know this is intended to be funny, but it really depends on your definition of “nice life”. I have a wife, kid, and dog, total household income less than $150k, and we’re very happy. There’s no Bimmer in the garage yet, but we’re not remotely close to poor.

I also wouldn’t consider it “nice” to have a wife and kid that required an additional $150k income…

[Author]

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