should I buy in temecula

[temeculaguy]

Bg, your opposition to mello roos can be blinding. Let’s say you had two properties is chula vista, same house, different tracts. One cost 900k and had 1% tax,no hoa, the other cost 265k, had 300 in mr and 100 in hoa. The 900k one costs 4800 P%I, 480 in taxes, grand total (5280 house payment). The second one is 1420+600+100=2120. You still going to tell that young couple you can’t in good conscious sell them a 2120 out the door mortgage because it has extra fees.

If they both cost the same, then it’s not the same decision, but if there is a significant price differential, you need to go math crazy and not just shun something you have an aversion to.

Some of the people that head to temec do for different reasons but most of the posters are looking at about 25% of san diego county, you’d need hot pokers to get them to live in minority dominated communities or areas where english is not the primary language. It’s not right or wrong, let them be happy.

Me, I hate telephone poles, utility poles, it’s a long story, it’s partly irrational, it more about me and some weird bad luck having to do with earthquakes, wind storms, fires, but at some point I realized that me and utility poles are incompatible. When I’m in some communities that have wires strung eveywhere to the house from poles and poles all tilted, it’s all I see, it screws up my feng shui. Buckled sidewalks, weeds in the sidewalks, cracked roads and potholes, these things throw me off. Grocery stores with hobos out front, hate them, liquor stores on every corner and check cashing joints, make me uneasy. I also hate country areas, hate yardwork, hate land unless someone else does the work, I like concrete jungles, I like suburbia, I like it and that’s just that. Am I bad, am I racist, am I afraid, do I need re-education? None of the above, I just like things clean, I’m weird, I get it, so my choices are limited to about 20% of San Diego County if I were to ever live there again. Of my choices, my house would cost about 900k, I could pay it but I don’t want to and I wont be happy living in what 265k buys you in your county. I feel lucky that what I like happens to be cheap, I wish my wine tastes ran cheaper, but I can’t fix that.

You like something different, that’s cool, but trying to make others like what you like is like changing someone’s mind about religion.

Throwing down someone else’s world is never nice, but there are many of us that are completely unhappy if our travels take us south of highway 94, some of us, self included, hit the “get me the hell out of here” button on our gps once we find ourselves too far south. Some people have that feeling about being East of the 5, if they can’t see the ocean they will become depressed, I can’t change them, it’s how they are wired, unfortunately that’s an expensive wiring, but it is what it is.

[bearishgurl]

[quote=temeculaguy] . . . I probably got 100k knocked off for a 3k a year water bond, borrowing 100k has a $600 mo cost, the bond is under $300, it’s just math.

I’m not arguing temecula with you, I just want to make a point that right now, high hoa’s, high taxes and percieved high maintenance is where the bargains are, running into burning buildings, while everyone is running away is usually where you can make the best deals.

I picked the worst taxes, the highest hoa and the appearance of high carrying costs because it’s a smallish mcmansion, all in an effort to get the best deal, to pay 35 cents on the dollar, because everyone else was subscribing to your line of thinking. But each can be sorted out and made into a positive. My 3300 sq ft 5/4 had an electric bill in july of $108, water was $54. It would take me pages to tell you how I did this but new homes are far more efficient and there is technology out there to reduce your energy use dramatically. But it’s bottom line, my mortgage, taxes, hoa, out the door is just a shade over 2k. When I looked at some houses with a straight 1% tax rate, no hoa, the total nut was more for a comparable house, it was even more than a smaller house. A 1400 mort and 600 in taxes is less than a an 1800 mort and 400 in taxes. There’s a resale argument but my needs were more about keeping the total nut, after tax deductions, right at what I was paying to rent a condo down the street. It’s not about a house as an investment, it’s about a house that costs less to facilitate other investments. Your list of things that can go wrong also exist when you pay twice as much for a home, in fact they are compounded.[/quote](emphasis added)

TG, I would agree that the more monthly obligations a family has, the more compounding (or shall I say confounding?) their problems can be.

I take it you really *didn’t need* a 5/4, but since there were fewer takers because of the taxes and bonds attached to it, you were able to get more “bang for your buck” when choosing your current residence. So purchasing it was a conscious decision on your part because of the low(er) carrying costs, regardless of future value, is this right?

TG, not sure if you already posted it, but mind if I ask how much you paid for your “smallish mcmansion?” What is the size of your lot? And, where would you have purchased in SD County had you NOT elected to purchase your residence out-of-county? (List a SD Co. area you could have feasibly purchased in, given your employment location and available resources . . . better yet, an exact neighborhood, if you had one picked out before you decided to move away.) Thanks.

Don’t need to know any personal details, addresses and such, but just trying to make some comparisons here . . . in my mind.

[bearishgurl]

[quote=temeculaguy] . . . I probably got 100k knocked off for a 3k a year water bond, borrowing 100k has a $600 mo cost, the bond is under $300, it’s just math.

I’m not arguing temecula with you, I just want to make a point that right now, high hoa’s, high taxes and percieved high maintenance is where the bargains are, running into burning buildings, while everyone is running away is usually where you can make the best deals.

I picked the worst taxes, the highest hoa and the appearance of high carrying costs because it’s a smallish mcmansion, all in an effort to get the best deal, to pay 35 cents on the dollar, because everyone else was subscribing to your line of thinking. But each can be sorted out and made into a positive. My 3300 sq ft 5/4 had an electric bill in july of $108, water was $54. It would take me pages to tell you how I did this but new homes are far more efficient and there is technology out there to reduce your energy use dramatically. But it’s bottom line, my mortgage, taxes, hoa, out the door is just a shade over 2k. When I looked at some houses with a straight 1% tax rate, no hoa, the total nut was more for a comparable house, it was even more than a smaller house. A 1400 mort and 600 in taxes is less than a an 1800 mort and 400 in taxes. There’s a resale argument but my needs were more about keeping the total nut, after tax deductions, right at what I was paying to rent a condo down the street. It’s not about a house as an investment, it’s about a house that costs less to facilitate other investments. Your list of things that can go wrong also exist when you pay twice as much for a home, in fact they are compounded.[/quote](emphasis added)

TG, I would agree that the more monthly obligations a family has, the more compounding (or shall I say confounding?) their problems can be.

I take it you really *didn’t need* a 5/4, but since there were fewer takers because of the taxes and bonds attached to it, you were able to get more “bang for your buck” when choosing your current residence. So purchasing it was a conscious decision on your part because of the low(er) carrying costs, regardless of future value, is this right?

TG, not sure if you already posted it, but mind if I ask how much you paid for your “smallish mcmansion?” What is the size of your lot? And, where would you have purchased in SD County had you NOT elected to purchase your residence out-of-county? (List a SD Co. area you could have feasibly purchased in, given your employment location and available resources . . . better yet, an exact neighborhood, if you had one picked out before you decided to move away.) Thanks.

Don’t need to know any personal details, addresses and such, but just trying to make some comparisons here . . . in my mind.

[bearishgurl]

[quote=temeculaguy] . . . I probably got 100k knocked off for a 3k a year water bond, borrowing 100k has a $600 mo cost, the bond is under $300, it’s just math.

I’m not arguing temecula with you, I just want to make a point that right now, high hoa’s, high taxes and percieved high maintenance is where the bargains are, running into burning buildings, while everyone is running away is usually where you can make the best deals.

I picked the worst taxes, the highest hoa and the appearance of high carrying costs because it’s a smallish mcmansion, all in an effort to get the best deal, to pay 35 cents on the dollar, because everyone else was subscribing to your line of thinking. But each can be sorted out and made into a positive. My 3300 sq ft 5/4 had an electric bill in july of $108, water was $54. It would take me pages to tell you how I did this but new homes are far more efficient and there is technology out there to reduce your energy use dramatically. But it’s bottom line, my mortgage, taxes, hoa, out the door is just a shade over 2k. When I looked at some houses with a straight 1% tax rate, no hoa, the total nut was more for a comparable house, it was even more than a smaller house. A 1400 mort and 600 in taxes is less than a an 1800 mort and 400 in taxes. There’s a resale argument but my needs were more about keeping the total nut, after tax deductions, right at what I was paying to rent a condo down the street. It’s not about a house as an investment, it’s about a house that costs less to facilitate other investments. Your list of things that can go wrong also exist when you pay twice as much for a home, in fact they are compounded.[/quote](emphasis added)

TG, I would agree that the more monthly obligations a family has, the more compounding (or shall I say confounding?) their problems can be.

I take it you really *didn’t need* a 5/4, but since there were fewer takers because of the taxes and bonds attached to it, you were able to get more “bang for your buck” when choosing your current residence. So purchasing it was a conscious decision on your part because of the low(er) carrying costs, regardless of future value, is this right?

TG, not sure if you already posted it, but mind if I ask how much you paid for your “smallish mcmansion?” What is the size of your lot? And, where would you have purchased in SD County had you NOT elected to purchase your residence out-of-county? (List a SD Co. area you could have feasibly purchased in, given your employment location and available resources . . . better yet, an exact neighborhood, if you had one picked out before you decided to move away.) Thanks.

Don’t need to know any personal details, addresses and such, but just trying to make some comparisons here . . . in my mind.

[bearishgurl]

[quote=temeculaguy] . . . I probably got 100k knocked off for a 3k a year water bond, borrowing 100k has a $600 mo cost, the bond is under $300, it’s just math.

I’m not arguing temecula with you, I just want to make a point that right now, high hoa’s, high taxes and percieved high maintenance is where the bargains are, running into burning buildings, while everyone is running away is usually where you can make the best deals.

I picked the worst taxes, the highest hoa and the appearance of high carrying costs because it’s a smallish mcmansion, all in an effort to get the best deal, to pay 35 cents on the dollar, because everyone else was subscribing to your line of thinking. But each can be sorted out and made into a positive. My 3300 sq ft 5/4 had an electric bill in july of $108, water was $54. It would take me pages to tell you how I did this but new homes are far more efficient and there is technology out there to reduce your energy use dramatically. But it’s bottom line, my mortgage, taxes, hoa, out the door is just a shade over 2k. When I looked at some houses with a straight 1% tax rate, no hoa, the total nut was more for a comparable house, it was even more than a smaller house. A 1400 mort and 600 in taxes is less than a an 1800 mort and 400 in taxes. There’s a resale argument but my needs were more about keeping the total nut, after tax deductions, right at what I was paying to rent a condo down the street. It’s not about a house as an investment, it’s about a house that costs less to facilitate other investments. Your list of things that can go wrong also exist when you pay twice as much for a home, in fact they are compounded.[/quote](emphasis added)

TG, I would agree that the more monthly obligations a family has, the more compounding (or shall I say confounding?) their problems can be.

I take it you really *didn’t need* a 5/4, but since there were fewer takers because of the taxes and bonds attached to it, you were able to get more “bang for your buck” when choosing your current residence. So purchasing it was a conscious decision on your part because of the low(er) carrying costs, regardless of future value, is this right?

TG, not sure if you already posted it, but mind if I ask how much you paid for your “smallish mcmansion?” What is the size of your lot? And, where would you have purchased in SD County had you NOT elected to purchase your residence out-of-county? (List a SD Co. area you could have feasibly purchased in, given your employment location and available resources . . . better yet, an exact neighborhood, if you had one picked out before you decided to move away.) Thanks.

Don’t need to know any personal details, addresses and such, but just trying to make some comparisons here . . . in my mind.

[bearishgurl]

[quote=temeculaguy] . . . I probably got 100k knocked off for a 3k a year water bond, borrowing 100k has a $600 mo cost, the bond is under $300, it’s just math.

I’m not arguing temecula with you, I just want to make a point that right now, high hoa’s, high taxes and percieved high maintenance is where the bargains are, running into burning buildings, while everyone is running away is usually where you can make the best deals.

I picked the worst taxes, the highest hoa and the appearance of high carrying costs because it’s a smallish mcmansion, all in an effort to get the best deal, to pay 35 cents on the dollar, because everyone else was subscribing to your line of thinking. But each can be sorted out and made into a positive. My 3300 sq ft 5/4 had an electric bill in july of $108, water was $54. It would take me pages to tell you how I did this but new homes are far more efficient and there is technology out there to reduce your energy use dramatically. But it’s bottom line, my mortgage, taxes, hoa, out the door is just a shade over 2k. When I looked at some houses with a straight 1% tax rate, no hoa, the total nut was more for a comparable house, it was even more than a smaller house. A 1400 mort and 600 in taxes is less than a an 1800 mort and 400 in taxes. There’s a resale argument but my needs were more about keeping the total nut, after tax deductions, right at what I was paying to rent a condo down the street. It’s not about a house as an investment, it’s about a house that costs less to facilitate other investments. Your list of things that can go wrong also exist when you pay twice as much for a home, in fact they are compounded.[/quote](emphasis added)

TG, I would agree that the more monthly obligations a family has, the more compounding (or shall I say confounding?) their problems can be.

I take it you really *didn’t need* a 5/4, but since there were fewer takers because of the taxes and bonds attached to it, you were able to get more “bang for your buck” when choosing your current residence. So purchasing it was a conscious decision on your part because of the low(er) carrying costs, regardless of future value, is this right?

TG, not sure if you already posted it, but mind if I ask how much you paid for your “smallish mcmansion?” What is the size of your lot? And, where would you have purchased in SD County had you NOT elected to purchase your residence out-of-county? (List a SD Co. area you could have feasibly purchased in, given your employment location and available resources . . . better yet, an exact neighborhood, if you had one picked out before you decided to move away.) Thanks.

Don’t need to know any personal details, addresses and such, but just trying to make some comparisons here . . . in my mind.

[bearishgurl]

[quote=temeculaguy]Bg, your opposition to mello roos can be blinding. Let’s say you had two properties is chula vista, same house, different tracts. One cost 900k and had 1% tax,no hoa, the other cost 265k, had 300 in mr and 100 in hoa. The 900k one costs 4800 P%I, 480 in taxes, grand total (5280 house payment). The second one is 1420+600+100=2120. You still going to tell that young couple you can’t in good conscious sell them a 2120 out the door mortgage because it has extra fees.

If they both cost the same, then it’s not the same decision, but if there is a significant price differential, you need to go math crazy and not just shun something you have an aversion to.

Some of the people that head to temec do for different reasons but most of the posters are looking at about 25% of san diego county, you’d need hot pokers to get them to live in minority dominated communities or areas where english is not the primary language. It’s not right or wrong, let them be happy.

. . . I get it, so my choices are limited to about 20% of San Diego County if I were to ever live there again. Of my choices, my house would cost about 900k, I could pay it but I don’t want to and I wont be happy living in what 265k buys you in your county. I feel lucky that what I like happens to be cheap, I wish my wine tastes ran cheaper, but I can’t fix that . . . [/quote]

TG, of course no one here is trying to “peddle” a certain area for another Pigg, who may have parameters due to work and such.

Yes, my opposition to MR is “blinding” if that’s how you want to put it. As far as Chula Vista, goes, the prices are the same for a comparable size property, with or without MR and/or HOA. The differences are age, location and size of lot. The properties w/o MR typically are older, better located and have larger lots. So it doesn’t make financial sense to spend the $$ for MR in Chula Vista and also drive further to all points in SD County. IMO, exorbitant MR and HOA are *what caused* Chula Vista to have one of the highest foreclosure rates in the county . . . and even country. These foreclosures are >90% confined to the MR/HOA affected areas.

I grew up in No.Cal. and have traveled on almost every major road on this state (many repeatedly) and I have to say, I’ve never ran into ANY town or city devoid of minorities or persons for whom English is a second language. I don’t know what all the particular demographics are of zips in SD County or TV but I believe its a fallacy to put so much emphasis on this. Certain cultures of people typically have older adults living within a family home and so are able to maintain their properties better than a typical *nuclear* or single-adult family without help. In certain well-located urban areas, more residents have gardeners than do their own yardwork, so these neighborhoods present very well. When I drive thru “MR” neighborhoods, not only do I find many bank-owned brown-lawn properties, I also find peeling paint, oversize vehicles hanging out over too-short driveways, sheets in the windows, dead stick-trees, etc. IMO, this is indicative of homeowners struggling to make MR, HOA, P&I and property tax payments IN ADDITION to their living expenses, so can’t afford to maintain their properties.

These high-foreclosure local zip codes, even though 6-12 miles away, affect us all. Besides many being sold for ridiculous “bubble prices,” the MR and HOA played a HUGE part in the overall distress of these areas.

[bearishgurl]

[quote=temeculaguy]Bg, your opposition to mello roos can be blinding. Let’s say you had two properties is chula vista, same house, different tracts. One cost 900k and had 1% tax,no hoa, the other cost 265k, had 300 in mr and 100 in hoa. The 900k one costs 4800 P%I, 480 in taxes, grand total (5280 house payment). The second one is 1420+600+100=2120. You still going to tell that young couple you can’t in good conscious sell them a 2120 out the door mortgage because it has extra fees.

If they both cost the same, then it’s not the same decision, but if there is a significant price differential, you need to go math crazy and not just shun something you have an aversion to.

Some of the people that head to temec do for different reasons but most of the posters are looking at about 25% of san diego county, you’d need hot pokers to get them to live in minority dominated communities or areas where english is not the primary language. It’s not right or wrong, let them be happy.

. . . I get it, so my choices are limited to about 20% of San Diego County if I were to ever live there again. Of my choices, my house would cost about 900k, I could pay it but I don’t want to and I wont be happy living in what 265k buys you in your county. I feel lucky that what I like happens to be cheap, I wish my wine tastes ran cheaper, but I can’t fix that . . . [/quote]

TG, of course no one here is trying to “peddle” a certain area for another Pigg, who may have parameters due to work and such.

Yes, my opposition to MR is “blinding” if that’s how you want to put it. As far as Chula Vista, goes, the prices are the same for a comparable size property, with or without MR and/or HOA. The differences are age, location and size of lot. The properties w/o MR typically are older, better located and have larger lots. So it doesn’t make financial sense to spend the $$ for MR in Chula Vista and also drive further to all points in SD County. IMO, exorbitant MR and HOA are *what caused* Chula Vista to have one of the highest foreclosure rates in the county . . . and even country. These foreclosures are >90% confined to the MR/HOA affected areas.

I grew up in No.Cal. and have traveled on almost every major road on this state (many repeatedly) and I have to say, I’ve never ran into ANY town or city devoid of minorities or persons for whom English is a second language. I don’t know what all the particular demographics are of zips in SD County or TV but I believe its a fallacy to put so much emphasis on this. Certain cultures of people typically have older adults living within a family home and so are able to maintain their properties better than a typical *nuclear* or single-adult family without help. In certain well-located urban areas, more residents have gardeners than do their own yardwork, so these neighborhoods present very well. When I drive thru “MR” neighborhoods, not only do I find many bank-owned brown-lawn properties, I also find peeling paint, oversize vehicles hanging out over too-short driveways, sheets in the windows, dead stick-trees, etc. IMO, this is indicative of homeowners struggling to make MR, HOA, P&I and property tax payments IN ADDITION to their living expenses, so can’t afford to maintain their properties.

These high-foreclosure local zip codes, even though 6-12 miles away, affect us all. Besides many being sold for ridiculous “bubble prices,” the MR and HOA played a HUGE part in the overall distress of these areas.

[bearishgurl]

[quote=temeculaguy]Bg, your opposition to mello roos can be blinding. Let’s say you had two properties is chula vista, same house, different tracts. One cost 900k and had 1% tax,no hoa, the other cost 265k, had 300 in mr and 100 in hoa. The 900k one costs 4800 P%I, 480 in taxes, grand total (5280 house payment). The second one is 1420+600+100=2120. You still going to tell that young couple you can’t in good conscious sell them a 2120 out the door mortgage because it has extra fees.

If they both cost the same, then it’s not the same decision, but if there is a significant price differential, you need to go math crazy and not just shun something you have an aversion to.

Some of the people that head to temec do for different reasons but most of the posters are looking at about 25% of san diego county, you’d need hot pokers to get them to live in minority dominated communities or areas where english is not the primary language. It’s not right or wrong, let them be happy.

. . . I get it, so my choices are limited to about 20% of San Diego County if I were to ever live there again. Of my choices, my house would cost about 900k, I could pay it but I don’t want to and I wont be happy living in what 265k buys you in your county. I feel lucky that what I like happens to be cheap, I wish my wine tastes ran cheaper, but I can’t fix that . . . [/quote]

TG, of course no one here is trying to “peddle” a certain area for another Pigg, who may have parameters due to work and such.

Yes, my opposition to MR is “blinding” if that’s how you want to put it. As far as Chula Vista, goes, the prices are the same for a comparable size property, with or without MR and/or HOA. The differences are age, location and size of lot. The properties w/o MR typically are older, better located and have larger lots. So it doesn’t make financial sense to spend the $$ for MR in Chula Vista and also drive further to all points in SD County. IMO, exorbitant MR and HOA are *what caused* Chula Vista to have one of the highest foreclosure rates in the county . . . and even country. These foreclosures are >90% confined to the MR/HOA affected areas.

I grew up in No.Cal. and have traveled on almost every major road on this state (many repeatedly) and I have to say, I’ve never ran into ANY town or city devoid of minorities or persons for whom English is a second language. I don’t know what all the particular demographics are of zips in SD County or TV but I believe its a fallacy to put so much emphasis on this. Certain cultures of people typically have older adults living within a family home and so are able to maintain their properties better than a typical *nuclear* or single-adult family without help. In certain well-located urban areas, more residents have gardeners than do their own yardwork, so these neighborhoods present very well. When I drive thru “MR” neighborhoods, not only do I find many bank-owned brown-lawn properties, I also find peeling paint, oversize vehicles hanging out over too-short driveways, sheets in the windows, dead stick-trees, etc. IMO, this is indicative of homeowners struggling to make MR, HOA, P&I and property tax payments IN ADDITION to their living expenses, so can’t afford to maintain their properties.

These high-foreclosure local zip codes, even though 6-12 miles away, affect us all. Besides many being sold for ridiculous “bubble prices,” the MR and HOA played a HUGE part in the overall distress of these areas.

[bearishgurl]

[quote=temeculaguy]Bg, your opposition to mello roos can be blinding. Let’s say you had two properties is chula vista, same house, different tracts. One cost 900k and had 1% tax,no hoa, the other cost 265k, had 300 in mr and 100 in hoa. The 900k one costs 4800 P%I, 480 in taxes, grand total (5280 house payment). The second one is 1420+600+100=2120. You still going to tell that young couple you can’t in good conscious sell them a 2120 out the door mortgage because it has extra fees.

If they both cost the same, then it’s not the same decision, but if there is a significant price differential, you need to go math crazy and not just shun something you have an aversion to.

Some of the people that head to temec do for different reasons but most of the posters are looking at about 25% of san diego county, you’d need hot pokers to get them to live in minority dominated communities or areas where english is not the primary language. It’s not right or wrong, let them be happy.

. . . I get it, so my choices are limited to about 20% of San Diego County if I were to ever live there again. Of my choices, my house would cost about 900k, I could pay it but I don’t want to and I wont be happy living in what 265k buys you in your county. I feel lucky that what I like happens to be cheap, I wish my wine tastes ran cheaper, but I can’t fix that . . . [/quote]

TG, of course no one here is trying to “peddle” a certain area for another Pigg, who may have parameters due to work and such.

Yes, my opposition to MR is “blinding” if that’s how you want to put it. As far as Chula Vista, goes, the prices are the same for a comparable size property, with or without MR and/or HOA. The differences are age, location and size of lot. The properties w/o MR typically are older, better located and have larger lots. So it doesn’t make financial sense to spend the $$ for MR in Chula Vista and also drive further to all points in SD County. IMO, exorbitant MR and HOA are *what caused* Chula Vista to have one of the highest foreclosure rates in the county . . . and even country. These foreclosures are >90% confined to the MR/HOA affected areas.

I grew up in No.Cal. and have traveled on almost every major road on this state (many repeatedly) and I have to say, I’ve never ran into ANY town or city devoid of minorities or persons for whom English is a second language. I don’t know what all the particular demographics are of zips in SD County or TV but I believe its a fallacy to put so much emphasis on this. Certain cultures of people typically have older adults living within a family home and so are able to maintain their properties better than a typical *nuclear* or single-adult family without help. In certain well-located urban areas, more residents have gardeners than do their own yardwork, so these neighborhoods present very well. When I drive thru “MR” neighborhoods, not only do I find many bank-owned brown-lawn properties, I also find peeling paint, oversize vehicles hanging out over too-short driveways, sheets in the windows, dead stick-trees, etc. IMO, this is indicative of homeowners struggling to make MR, HOA, P&I and property tax payments IN ADDITION to their living expenses, so can’t afford to maintain their properties.

These high-foreclosure local zip codes, even though 6-12 miles away, affect us all. Besides many being sold for ridiculous “bubble prices,” the MR and HOA played a HUGE part in the overall distress of these areas.

[bearishgurl]

[quote=temeculaguy]Bg, your opposition to mello roos can be blinding. Let’s say you had two properties is chula vista, same house, different tracts. One cost 900k and had 1% tax,no hoa, the other cost 265k, had 300 in mr and 100 in hoa. The 900k one costs 4800 P%I, 480 in taxes, grand total (5280 house payment). The second one is 1420+600+100=2120. You still going to tell that young couple you can’t in good conscious sell them a 2120 out the door mortgage because it has extra fees.

If they both cost the same, then it’s not the same decision, but if there is a significant price differential, you need to go math crazy and not just shun something you have an aversion to.

Some of the people that head to temec do for different reasons but most of the posters are looking at about 25% of san diego county, you’d need hot pokers to get them to live in minority dominated communities or areas where english is not the primary language. It’s not right or wrong, let them be happy.

. . . I get it, so my choices are limited to about 20% of San Diego County if I were to ever live there again. Of my choices, my house would cost about 900k, I could pay it but I don’t want to and I wont be happy living in what 265k buys you in your county. I feel lucky that what I like happens to be cheap, I wish my wine tastes ran cheaper, but I can’t fix that . . . [/quote]

TG, of course no one here is trying to “peddle” a certain area for another Pigg, who may have parameters due to work and such.

Yes, my opposition to MR is “blinding” if that’s how you want to put it. As far as Chula Vista, goes, the prices are the same for a comparable size property, with or without MR and/or HOA. The differences are age, location and size of lot. The properties w/o MR typically are older, better located and have larger lots. So it doesn’t make financial sense to spend the $$ for MR in Chula Vista and also drive further to all points in SD County. IMO, exorbitant MR and HOA are *what caused* Chula Vista to have one of the highest foreclosure rates in the county . . . and even country. These foreclosures are >90% confined to the MR/HOA affected areas.

I grew up in No.Cal. and have traveled on almost every major road on this state (many repeatedly) and I have to say, I’ve never ran into ANY town or city devoid of minorities or persons for whom English is a second language. I don’t know what all the particular demographics are of zips in SD County or TV but I believe its a fallacy to put so much emphasis on this. Certain cultures of people typically have older adults living within a family home and so are able to maintain their properties better than a typical *nuclear* or single-adult family without help. In certain well-located urban areas, more residents have gardeners than do their own yardwork, so these neighborhoods present very well. When I drive thru “MR” neighborhoods, not only do I find many bank-owned brown-lawn properties, I also find peeling paint, oversize vehicles hanging out over too-short driveways, sheets in the windows, dead stick-trees, etc. IMO, this is indicative of homeowners struggling to make MR, HOA, P&I and property tax payments IN ADDITION to their living expenses, so can’t afford to maintain their properties.

These high-foreclosure local zip codes, even though 6-12 miles away, affect us all. Besides many being sold for ridiculous “bubble prices,” the MR and HOA played a HUGE part in the overall distress of these areas.

[afx114]

These have been popping up all around my neighborhood over the past year. Every time I see one it makes me happy. And I think they are working. I walk the neighborhood frequently and have noticed more eye contact, smiles, and hello’s since these signs have gone up. It’s amazing what a simple piece of paper, Microsoft Word, and a few staples can do for a community.

[afx114]

These have been popping up all around my neighborhood over the past year. Every time I see one it makes me happy. And I think they are working. I walk the neighborhood frequently and have noticed more eye contact, smiles, and hello’s since these signs have gone up. It’s amazing what a simple piece of paper, Microsoft Word, and a few staples can do for a community.

[afx114]

These have been popping up all around my neighborhood over the past year. Every time I see one it makes me happy. And I think they are working. I walk the neighborhood frequently and have noticed more eye contact, smiles, and hello’s since these signs have gone up. It’s amazing what a simple piece of paper, Microsoft Word, and a few staples can do for a community.

[afx114]

These have been popping up all around my neighborhood over the past year. Every time I see one it makes me happy. And I think they are working. I walk the neighborhood frequently and have noticed more eye contact, smiles, and hello’s since these signs have gone up. It’s amazing what a simple piece of paper, Microsoft Word, and a few staples can do for a community.

[Author]

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