Temecula at 70-80/SQ foot???

[Nor-LA-SD-guy]

Blissful,

I for one believe in three things,

1) We will have cars that get 100 MPG.

2) The Internet will create many more work from
home opportunities.

3) Long term SoCal Population grows at about 1600 people per day, That’s about two Temecula Valleys per year. (maybe not this year but things will get back on track soon), at some point T.V. will not seem very far from the major business centers in San Diego or O.C. (Just look at L.A. average commutes and you will see the future).

[eclipxe]

[quote=Blissful Ignoramus][quote=eclipxe]A reasonable distance to you might not be a reasonable distance to others.[/quote]

This is true, but it’s a huge limitation, and as soon as gas prices go back up, it’s a major economic factor as well.

By “not just the short term” I mean extending beyond the current bubble. A lot (not all) of this area is going to turn into slum/ghost town in the coming years. At the same time, it’s not a bad location and eventually the area will grow to accommodate the housing. For now, however, I think it’s fair to say that Temecula’s location is much more of a minus than a plus, and will be for some time. Those for whom that is not true can live like kings and queens. Or maybe Emperors and Empresses of the Inland Empire.
[/quote]

I agree – it is currently an economic limitation and high gas prices will have an impact. It is also an opportunity to encourage much more job growth in the area. Despite the recession, there are segments of the economy (healthcare and biotech mainly) that are expanding and the area is poised to capture at least some of those jobs. I recently read about Murrieta’s shift in focus from housing to jobs. I’m paraphrasing but a councilman stated “we have enough rooftops, it’s time to get businesses”. How successful will this be? Time will tell, but tax incentives and stronger area marketing to businesses will help relieve our dependence on commuters.

A slum/ghost town? What are you smoking? There are several less desirable areas just as far flung, if not more-so in Southern California. Once those areas become slums I’ll give your prediction a bit of concern but come on.

I feel the location has its downsides but it is also somewhat of a positive. The area is close enough to provide commuters access to Orange County, San Diego and Riverside job centers. Compared to other far flung exurbs (Lancaster/Palmdale -> LA jobs, Victorville/Hesperia/Apple Valley -> LA jobs, Corona -> OC, Riverside jobs, etc) Temecula has a definite location positive and allows commuters to hedge their bets when it comes to job choice and access.

Temecula/Murrieta also has a competitive advantage over many other cities for telecommuters. Verizon FIOS allows for much smoother connectivity for remote access and video conferencing. One of the main factors that has allowed me to telecommute in my last two jobs has been the cheap, fast and low-latency connectivity to my home offices. Regular old cable and DSL internet connections don’t provide enough bandwidth or quick enough access times to make full-time remote access comfortable enough for certain job tasks. Dedicated lines get rid of the reliability and latency issues but are expensive and limited in bandwidth. FIOS is a near-perfect solution and is currently limited to a handful of cities (Temecula/Murrieta included)

[eclipxe]

[quote=Blissful Ignoramus][quote=eclipxe]A reasonable distance to you might not be a reasonable distance to others.[/quote]

This is true, but it’s a huge limitation, and as soon as gas prices go back up, it’s a major economic factor as well.

By “not just the short term” I mean extending beyond the current bubble. A lot (not all) of this area is going to turn into slum/ghost town in the coming years. At the same time, it’s not a bad location and eventually the area will grow to accommodate the housing. For now, however, I think it’s fair to say that Temecula’s location is much more of a minus than a plus, and will be for some time. Those for whom that is not true can live like kings and queens. Or maybe Emperors and Empresses of the Inland Empire.
[/quote]

I agree – it is currently an economic limitation and high gas prices will have an impact. It is also an opportunity to encourage much more job growth in the area. Despite the recession, there are segments of the economy (healthcare and biotech mainly) that are expanding and the area is poised to capture at least some of those jobs. I recently read about Murrieta’s shift in focus from housing to jobs. I’m paraphrasing but a councilman stated “we have enough rooftops, it’s time to get businesses”. How successful will this be? Time will tell, but tax incentives and stronger area marketing to businesses will help relieve our dependence on commuters.

A slum/ghost town? What are you smoking? There are several less desirable areas just as far flung, if not more-so in Southern California. Once those areas become slums I’ll give your prediction a bit of concern but come on.

I feel the location has its downsides but it is also somewhat of a positive. The area is close enough to provide commuters access to Orange County, San Diego and Riverside job centers. Compared to other far flung exurbs (Lancaster/Palmdale -> LA jobs, Victorville/Hesperia/Apple Valley -> LA jobs, Corona -> OC, Riverside jobs, etc) Temecula has a definite location positive and allows commuters to hedge their bets when it comes to job choice and access.

Temecula/Murrieta also has a competitive advantage over many other cities for telecommuters. Verizon FIOS allows for much smoother connectivity for remote access and video conferencing. One of the main factors that has allowed me to telecommute in my last two jobs has been the cheap, fast and low-latency connectivity to my home offices. Regular old cable and DSL internet connections don’t provide enough bandwidth or quick enough access times to make full-time remote access comfortable enough for certain job tasks. Dedicated lines get rid of the reliability and latency issues but are expensive and limited in bandwidth. FIOS is a near-perfect solution and is currently limited to a handful of cities (Temecula/Murrieta included)

[eclipxe]

[quote=Blissful Ignoramus][quote=eclipxe]A reasonable distance to you might not be a reasonable distance to others.[/quote]

This is true, but it’s a huge limitation, and as soon as gas prices go back up, it’s a major economic factor as well.

By “not just the short term” I mean extending beyond the current bubble. A lot (not all) of this area is going to turn into slum/ghost town in the coming years. At the same time, it’s not a bad location and eventually the area will grow to accommodate the housing. For now, however, I think it’s fair to say that Temecula’s location is much more of a minus than a plus, and will be for some time. Those for whom that is not true can live like kings and queens. Or maybe Emperors and Empresses of the Inland Empire.
[/quote]

I agree – it is currently an economic limitation and high gas prices will have an impact. It is also an opportunity to encourage much more job growth in the area. Despite the recession, there are segments of the economy (healthcare and biotech mainly) that are expanding and the area is poised to capture at least some of those jobs. I recently read about Murrieta’s shift in focus from housing to jobs. I’m paraphrasing but a councilman stated “we have enough rooftops, it’s time to get businesses”. How successful will this be? Time will tell, but tax incentives and stronger area marketing to businesses will help relieve our dependence on commuters.

A slum/ghost town? What are you smoking? There are several less desirable areas just as far flung, if not more-so in Southern California. Once those areas become slums I’ll give your prediction a bit of concern but come on.

I feel the location has its downsides but it is also somewhat of a positive. The area is close enough to provide commuters access to Orange County, San Diego and Riverside job centers. Compared to other far flung exurbs (Lancaster/Palmdale -> LA jobs, Victorville/Hesperia/Apple Valley -> LA jobs, Corona -> OC, Riverside jobs, etc) Temecula has a definite location positive and allows commuters to hedge their bets when it comes to job choice and access.

Temecula/Murrieta also has a competitive advantage over many other cities for telecommuters. Verizon FIOS allows for much smoother connectivity for remote access and video conferencing. One of the main factors that has allowed me to telecommute in my last two jobs has been the cheap, fast and low-latency connectivity to my home offices. Regular old cable and DSL internet connections don’t provide enough bandwidth or quick enough access times to make full-time remote access comfortable enough for certain job tasks. Dedicated lines get rid of the reliability and latency issues but are expensive and limited in bandwidth. FIOS is a near-perfect solution and is currently limited to a handful of cities (Temecula/Murrieta included)

[eclipxe]

[quote=Blissful Ignoramus][quote=eclipxe]A reasonable distance to you might not be a reasonable distance to others.[/quote]

This is true, but it’s a huge limitation, and as soon as gas prices go back up, it’s a major economic factor as well.

By “not just the short term” I mean extending beyond the current bubble. A lot (not all) of this area is going to turn into slum/ghost town in the coming years. At the same time, it’s not a bad location and eventually the area will grow to accommodate the housing. For now, however, I think it’s fair to say that Temecula’s location is much more of a minus than a plus, and will be for some time. Those for whom that is not true can live like kings and queens. Or maybe Emperors and Empresses of the Inland Empire.
[/quote]

I agree – it is currently an economic limitation and high gas prices will have an impact. It is also an opportunity to encourage much more job growth in the area. Despite the recession, there are segments of the economy (healthcare and biotech mainly) that are expanding and the area is poised to capture at least some of those jobs. I recently read about Murrieta’s shift in focus from housing to jobs. I’m paraphrasing but a councilman stated “we have enough rooftops, it’s time to get businesses”. How successful will this be? Time will tell, but tax incentives and stronger area marketing to businesses will help relieve our dependence on commuters.

A slum/ghost town? What are you smoking? There are several less desirable areas just as far flung, if not more-so in Southern California. Once those areas become slums I’ll give your prediction a bit of concern but come on.

I feel the location has its downsides but it is also somewhat of a positive. The area is close enough to provide commuters access to Orange County, San Diego and Riverside job centers. Compared to other far flung exurbs (Lancaster/Palmdale -> LA jobs, Victorville/Hesperia/Apple Valley -> LA jobs, Corona -> OC, Riverside jobs, etc) Temecula has a definite location positive and allows commuters to hedge their bets when it comes to job choice and access.

Temecula/Murrieta also has a competitive advantage over many other cities for telecommuters. Verizon FIOS allows for much smoother connectivity for remote access and video conferencing. One of the main factors that has allowed me to telecommute in my last two jobs has been the cheap, fast and low-latency connectivity to my home offices. Regular old cable and DSL internet connections don’t provide enough bandwidth or quick enough access times to make full-time remote access comfortable enough for certain job tasks. Dedicated lines get rid of the reliability and latency issues but are expensive and limited in bandwidth. FIOS is a near-perfect solution and is currently limited to a handful of cities (Temecula/Murrieta included)

[eclipxe]

[quote=Blissful Ignoramus][quote=eclipxe]A reasonable distance to you might not be a reasonable distance to others.[/quote]

This is true, but it’s a huge limitation, and as soon as gas prices go back up, it’s a major economic factor as well.

By “not just the short term” I mean extending beyond the current bubble. A lot (not all) of this area is going to turn into slum/ghost town in the coming years. At the same time, it’s not a bad location and eventually the area will grow to accommodate the housing. For now, however, I think it’s fair to say that Temecula’s location is much more of a minus than a plus, and will be for some time. Those for whom that is not true can live like kings and queens. Or maybe Emperors and Empresses of the Inland Empire.
[/quote]

I agree – it is currently an economic limitation and high gas prices will have an impact. It is also an opportunity to encourage much more job growth in the area. Despite the recession, there are segments of the economy (healthcare and biotech mainly) that are expanding and the area is poised to capture at least some of those jobs. I recently read about Murrieta’s shift in focus from housing to jobs. I’m paraphrasing but a councilman stated “we have enough rooftops, it’s time to get businesses”. How successful will this be? Time will tell, but tax incentives and stronger area marketing to businesses will help relieve our dependence on commuters.

A slum/ghost town? What are you smoking? There are several less desirable areas just as far flung, if not more-so in Southern California. Once those areas become slums I’ll give your prediction a bit of concern but come on.

I feel the location has its downsides but it is also somewhat of a positive. The area is close enough to provide commuters access to Orange County, San Diego and Riverside job centers. Compared to other far flung exurbs (Lancaster/Palmdale -> LA jobs, Victorville/Hesperia/Apple Valley -> LA jobs, Corona -> OC, Riverside jobs, etc) Temecula has a definite location positive and allows commuters to hedge their bets when it comes to job choice and access.

Temecula/Murrieta also has a competitive advantage over many other cities for telecommuters. Verizon FIOS allows for much smoother connectivity for remote access and video conferencing. One of the main factors that has allowed me to telecommute in my last two jobs has been the cheap, fast and low-latency connectivity to my home offices. Regular old cable and DSL internet connections don’t provide enough bandwidth or quick enough access times to make full-time remote access comfortable enough for certain job tasks. Dedicated lines get rid of the reliability and latency issues but are expensive and limited in bandwidth. FIOS is a near-perfect solution and is currently limited to a handful of cities (Temecula/Murrieta included)

[eclipxe]

[quote=Nor-LA-SD-guy]Blissful,

I for one believe in three things,

1) We will have cars that get 100 MPG.

2) The Internet will create many more work from
home opportunities.

3) Long term SoCal Population grows at about 1600 people per day, That’s about two Temecula Valleys per year. (maybe not this year but things will get back on track soon), at some point T.V. will not seem very far from the major business centers in San Diego or O.C. (Just look at L.A. average commutes and you will see the future).
[/quote]

Excellent points. You know I was just talking to my Dad about his first home purchase in the far-flung exurb of Mission Viejo (during the very first home release and community opening). At the time most of his co-workers (in LA) laughed at his commute out to the boonies of Orange County and were quick to predict the decline of the area. “There are no jobs there!”
“Gas @ $0.50 will DESTROY the area”

Well we all know how that worked out. Development brought homes to the area with a large number of commuters to Los Angeles. Los Angeles sprawl spread, jobs were created closer to home and those original pioneers in Mission Viejo, Laguna Niguel, Irvine, etc, etc have seen their cities become the “new” job centers. I’m not saying the same will happen in Temecula/Murrieta (the distance from the coast is a factor in home desirability but high coastal land costs limits business desirability) but the area has been carefully planned to follow similar patterns. (Patterns that match South OC growth rather than LA suburban growth – see Riverside and San Bernardino for examples of how to do it the wrong way)

[eclipxe]

[quote=Nor-LA-SD-guy]Blissful,

I for one believe in three things,

1) We will have cars that get 100 MPG.

2) The Internet will create many more work from
home opportunities.

3) Long term SoCal Population grows at about 1600 people per day, That’s about two Temecula Valleys per year. (maybe not this year but things will get back on track soon), at some point T.V. will not seem very far from the major business centers in San Diego or O.C. (Just look at L.A. average commutes and you will see the future).
[/quote]

Excellent points. You know I was just talking to my Dad about his first home purchase in the far-flung exurb of Mission Viejo (during the very first home release and community opening). At the time most of his co-workers (in LA) laughed at his commute out to the boonies of Orange County and were quick to predict the decline of the area. “There are no jobs there!”
“Gas @ $0.50 will DESTROY the area”

Well we all know how that worked out. Development brought homes to the area with a large number of commuters to Los Angeles. Los Angeles sprawl spread, jobs were created closer to home and those original pioneers in Mission Viejo, Laguna Niguel, Irvine, etc, etc have seen their cities become the “new” job centers. I’m not saying the same will happen in Temecula/Murrieta (the distance from the coast is a factor in home desirability but high coastal land costs limits business desirability) but the area has been carefully planned to follow similar patterns. (Patterns that match South OC growth rather than LA suburban growth – see Riverside and San Bernardino for examples of how to do it the wrong way)

[eclipxe]

[quote=Nor-LA-SD-guy]Blissful,

I for one believe in three things,

1) We will have cars that get 100 MPG.

2) The Internet will create many more work from
home opportunities.

3) Long term SoCal Population grows at about 1600 people per day, That’s about two Temecula Valleys per year. (maybe not this year but things will get back on track soon), at some point T.V. will not seem very far from the major business centers in San Diego or O.C. (Just look at L.A. average commutes and you will see the future).
[/quote]

Excellent points. You know I was just talking to my Dad about his first home purchase in the far-flung exurb of Mission Viejo (during the very first home release and community opening). At the time most of his co-workers (in LA) laughed at his commute out to the boonies of Orange County and were quick to predict the decline of the area. “There are no jobs there!”
“Gas @ $0.50 will DESTROY the area”

Well we all know how that worked out. Development brought homes to the area with a large number of commuters to Los Angeles. Los Angeles sprawl spread, jobs were created closer to home and those original pioneers in Mission Viejo, Laguna Niguel, Irvine, etc, etc have seen their cities become the “new” job centers. I’m not saying the same will happen in Temecula/Murrieta (the distance from the coast is a factor in home desirability but high coastal land costs limits business desirability) but the area has been carefully planned to follow similar patterns. (Patterns that match South OC growth rather than LA suburban growth – see Riverside and San Bernardino for examples of how to do it the wrong way)

[eclipxe]

[quote=Nor-LA-SD-guy]Blissful,

I for one believe in three things,

1) We will have cars that get 100 MPG.

2) The Internet will create many more work from
home opportunities.

3) Long term SoCal Population grows at about 1600 people per day, That’s about two Temecula Valleys per year. (maybe not this year but things will get back on track soon), at some point T.V. will not seem very far from the major business centers in San Diego or O.C. (Just look at L.A. average commutes and you will see the future).
[/quote]

Excellent points. You know I was just talking to my Dad about his first home purchase in the far-flung exurb of Mission Viejo (during the very first home release and community opening). At the time most of his co-workers (in LA) laughed at his commute out to the boonies of Orange County and were quick to predict the decline of the area. “There are no jobs there!”
“Gas @ $0.50 will DESTROY the area”

Well we all know how that worked out. Development brought homes to the area with a large number of commuters to Los Angeles. Los Angeles sprawl spread, jobs were created closer to home and those original pioneers in Mission Viejo, Laguna Niguel, Irvine, etc, etc have seen their cities become the “new” job centers. I’m not saying the same will happen in Temecula/Murrieta (the distance from the coast is a factor in home desirability but high coastal land costs limits business desirability) but the area has been carefully planned to follow similar patterns. (Patterns that match South OC growth rather than LA suburban growth – see Riverside and San Bernardino for examples of how to do it the wrong way)

[eclipxe]

[quote=Nor-LA-SD-guy]Blissful,

I for one believe in three things,

1) We will have cars that get 100 MPG.

2) The Internet will create many more work from
home opportunities.

3) Long term SoCal Population grows at about 1600 people per day, That’s about two Temecula Valleys per year. (maybe not this year but things will get back on track soon), at some point T.V. will not seem very far from the major business centers in San Diego or O.C. (Just look at L.A. average commutes and you will see the future).
[/quote]

Excellent points. You know I was just talking to my Dad about his first home purchase in the far-flung exurb of Mission Viejo (during the very first home release and community opening). At the time most of his co-workers (in LA) laughed at his commute out to the boonies of Orange County and were quick to predict the decline of the area. “There are no jobs there!”
“Gas @ $0.50 will DESTROY the area”

Well we all know how that worked out. Development brought homes to the area with a large number of commuters to Los Angeles. Los Angeles sprawl spread, jobs were created closer to home and those original pioneers in Mission Viejo, Laguna Niguel, Irvine, etc, etc have seen their cities become the “new” job centers. I’m not saying the same will happen in Temecula/Murrieta (the distance from the coast is a factor in home desirability but high coastal land costs limits business desirability) but the area has been carefully planned to follow similar patterns. (Patterns that match South OC growth rather than LA suburban growth – see Riverside and San Bernardino for examples of how to do it the wrong way)

[scaredyclassic]

difficult to beleive the founding fathers could have foresseen temecula.

or the war on drugs.

or nobody walking anywhere.

or the horrific diet of most americans.

or the amazing rates of obesity.

Or the government financing businesses that are too big to fail.

or outlawing slavery.

still, it’s pretty nice here…

[scaredyclassic]

difficult to beleive the founding fathers could have foresseen temecula.

or the war on drugs.

or nobody walking anywhere.

or the horrific diet of most americans.

or the amazing rates of obesity.

Or the government financing businesses that are too big to fail.

or outlawing slavery.

still, it’s pretty nice here…

[scaredyclassic]

difficult to beleive the founding fathers could have foresseen temecula.

or the war on drugs.

or nobody walking anywhere.

or the horrific diet of most americans.

or the amazing rates of obesity.

Or the government financing businesses that are too big to fail.

or outlawing slavery.

still, it’s pretty nice here…

[scaredyclassic]

difficult to beleive the founding fathers could have foresseen temecula.

or the war on drugs.

or nobody walking anywhere.

or the horrific diet of most americans.

or the amazing rates of obesity.

Or the government financing businesses that are too big to fail.

or outlawing slavery.

still, it’s pretty nice here…

[Author]

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