Temecula at 70-80/SQ foot???

[patientlywaiting]

[quote=Blissful Ignoramus] Sure, telecommuting and alternative energy are going to improve the distance issue. I think we’re looking at at least a ten year window there, and in the meantime I think we’re going to see more Dec. 2007s than Dec. 2008s when it comes to fuel prices.

As for slums, sure, the Hemets and Perrises are in worse shape, [/quote]

10 years?

I think that $70/sf to $80/sf prices are lower than 1990 previous peak prices.

In nearly 20 years, auto mileage has not improved.

[eclipxe]

[quote=Blissful Ignoramus]I just want to re-emphasize that in the long-run, I think Temecula has promise. It’s a good location in a region that over the next couple of decades should see strong growth. If you look at the (relatively) unpopulated areas of Southern California, Temecula Valley is probably the most promising.

The problem is, what is someone moving into that $280K house going to do and how are they going to live NOW? Sure, telecommuting and alternative energy are going to improve the distance issue. I think we’re looking at at least a ten year window there, and in the meantime I think we’re going to see more Dec. 2007s than Dec. 2008s when it comes to fuel prices.

As for slums, sure, the Hemets and Perrises are in worse shape, and they aren’t slums. Well, not entirely…yet. The bubble JUST burst. It’s going to be years before the dust settles. As an example, look at Riverside and San Bernardino counties, and the wake of the 1990s real estate slump. There are a lot of areas there that turned pretty crappy pretty quickly. They re-expanded in the current bubble (and of course burst) but in the meantime the older parts (i.e., 1990 vintage) remained pretty rough around the edges. I can’t imagine how all of the current foreclosures are going to happen without some pretty serious effects on quality of life everywhere in the Inland Empire (and elsewhere, to a lesser extent).

I sincerely hope I am wrong about this. But even if I’m not, I think folks buying in the best areas with a 10+ year commitment to the region will do very well.[/quote]

I agree with you about the location. We’ll see how foreclosures play out, however just from my experience on the ground – the brown lawns are gone and decent places are getting multiple offers when they are priced right.

You asked how is someone moving into the $280k house going to make do now? Well 280k is closer to the higher end of the market now out here, but let’s say the family puts down 20%. A $224k loan at 3x income requires the family to make about 74k a year. Teachers, police officers, retail, Abbot factory line, restaurant manage, blackjack dealer etc. Local jobs with two wage earners can support a loan of that amount.

And remember, that is the high end of the market. 74k is also about the median household income. I would say that is a recipe for a stable community of owners that do not need to stretch or even commute to make do.

Now if we assume one wage earner does commute (at least 30 miles, maybe 50):

50 miles x 2 = 100 miles x 5 days/wk = 500 miles/wk

Car: 30mpg. 500/30 ~ 17 gallons a week.

Gas @ $5/gal = $85/wk -> $340/month

@ 5% interest and 20% down, the family is paying $1700/mo (principle, interest, tax @ 1.6%, insurance and $100 hoa). That doesn’t include the $291 dollar tax saving @ 25% tax rate.

Total monthly housing outlay, including gas @ $5/gal = $2034

This same house would rent in Orange County or San Diego for significantly more than $2034. Of course there is the issue of the cost of seat time for a commute and other soft variables, but just look at the hard numbers.

A family making $74k would take home about $4500/mo. After mortgage and gas, this leaves them with $2500 for food, savings, car payment, etc.

If gas was $10/gal, the total monthly outlay is only $2374. Let’s say they still take need to get around town and use a few gallons a month – $2500/mo.

So no matter how you slice it…3500 sq ft, new construction, excellent schools, low crime area. Minus the awful location (major street, no light left turn), but there are smaller homes with better locations for the same or less.

$2500/month at $10/gallon gas.

Now the folks that bought out here at the top of the bubble for 500, 600k? They’re in for a world a hurt but from what I’ve witnessed in my home search, there are plenty of people waiting on the sidelines with cash in hand to pick up those places for a reasonable, sustainable amount. I’ll get worried when we see a lack of buyers and full neighborhoods becoming distressed. So far, so good.

[eclipxe]

[quote=Blissful Ignoramus]I just want to re-emphasize that in the long-run, I think Temecula has promise. It’s a good location in a region that over the next couple of decades should see strong growth. If you look at the (relatively) unpopulated areas of Southern California, Temecula Valley is probably the most promising.

The problem is, what is someone moving into that $280K house going to do and how are they going to live NOW? Sure, telecommuting and alternative energy are going to improve the distance issue. I think we’re looking at at least a ten year window there, and in the meantime I think we’re going to see more Dec. 2007s than Dec. 2008s when it comes to fuel prices.

As for slums, sure, the Hemets and Perrises are in worse shape, and they aren’t slums. Well, not entirely…yet. The bubble JUST burst. It’s going to be years before the dust settles. As an example, look at Riverside and San Bernardino counties, and the wake of the 1990s real estate slump. There are a lot of areas there that turned pretty crappy pretty quickly. They re-expanded in the current bubble (and of course burst) but in the meantime the older parts (i.e., 1990 vintage) remained pretty rough around the edges. I can’t imagine how all of the current foreclosures are going to happen without some pretty serious effects on quality of life everywhere in the Inland Empire (and elsewhere, to a lesser extent).

I sincerely hope I am wrong about this. But even if I’m not, I think folks buying in the best areas with a 10+ year commitment to the region will do very well.[/quote]

I agree with you about the location. We’ll see how foreclosures play out, however just from my experience on the ground – the brown lawns are gone and decent places are getting multiple offers when they are priced right.

You asked how is someone moving into the $280k house going to make do now? Well 280k is closer to the higher end of the market now out here, but let’s say the family puts down 20%. A $224k loan at 3x income requires the family to make about 74k a year. Teachers, police officers, retail, Abbot factory line, restaurant manage, blackjack dealer etc. Local jobs with two wage earners can support a loan of that amount.

And remember, that is the high end of the market. 74k is also about the median household income. I would say that is a recipe for a stable community of owners that do not need to stretch or even commute to make do.

Now if we assume one wage earner does commute (at least 30 miles, maybe 50):

50 miles x 2 = 100 miles x 5 days/wk = 500 miles/wk

Car: 30mpg. 500/30 ~ 17 gallons a week.

Gas @ $5/gal = $85/wk -> $340/month

@ 5% interest and 20% down, the family is paying $1700/mo (principle, interest, tax @ 1.6%, insurance and $100 hoa). That doesn’t include the $291 dollar tax saving @ 25% tax rate.

Total monthly housing outlay, including gas @ $5/gal = $2034

This same house would rent in Orange County or San Diego for significantly more than $2034. Of course there is the issue of the cost of seat time for a commute and other soft variables, but just look at the hard numbers.

A family making $74k would take home about $4500/mo. After mortgage and gas, this leaves them with $2500 for food, savings, car payment, etc.

If gas was $10/gal, the total monthly outlay is only $2374. Let’s say they still take need to get around town and use a few gallons a month – $2500/mo.

So no matter how you slice it…3500 sq ft, new construction, excellent schools, low crime area. Minus the awful location (major street, no light left turn), but there are smaller homes with better locations for the same or less.

$2500/month at $10/gallon gas.

Now the folks that bought out here at the top of the bubble for 500, 600k? They’re in for a world a hurt but from what I’ve witnessed in my home search, there are plenty of people waiting on the sidelines with cash in hand to pick up those places for a reasonable, sustainable amount. I’ll get worried when we see a lack of buyers and full neighborhoods becoming distressed. So far, so good.

[eclipxe]

[quote=Blissful Ignoramus]I just want to re-emphasize that in the long-run, I think Temecula has promise. It’s a good location in a region that over the next couple of decades should see strong growth. If you look at the (relatively) unpopulated areas of Southern California, Temecula Valley is probably the most promising.

The problem is, what is someone moving into that $280K house going to do and how are they going to live NOW? Sure, telecommuting and alternative energy are going to improve the distance issue. I think we’re looking at at least a ten year window there, and in the meantime I think we’re going to see more Dec. 2007s than Dec. 2008s when it comes to fuel prices.

As for slums, sure, the Hemets and Perrises are in worse shape, and they aren’t slums. Well, not entirely…yet. The bubble JUST burst. It’s going to be years before the dust settles. As an example, look at Riverside and San Bernardino counties, and the wake of the 1990s real estate slump. There are a lot of areas there that turned pretty crappy pretty quickly. They re-expanded in the current bubble (and of course burst) but in the meantime the older parts (i.e., 1990 vintage) remained pretty rough around the edges. I can’t imagine how all of the current foreclosures are going to happen without some pretty serious effects on quality of life everywhere in the Inland Empire (and elsewhere, to a lesser extent).

I sincerely hope I am wrong about this. But even if I’m not, I think folks buying in the best areas with a 10+ year commitment to the region will do very well.[/quote]

I agree with you about the location. We’ll see how foreclosures play out, however just from my experience on the ground – the brown lawns are gone and decent places are getting multiple offers when they are priced right.

You asked how is someone moving into the $280k house going to make do now? Well 280k is closer to the higher end of the market now out here, but let’s say the family puts down 20%. A $224k loan at 3x income requires the family to make about 74k a year. Teachers, police officers, retail, Abbot factory line, restaurant manage, blackjack dealer etc. Local jobs with two wage earners can support a loan of that amount.

And remember, that is the high end of the market. 74k is also about the median household income. I would say that is a recipe for a stable community of owners that do not need to stretch or even commute to make do.

Now if we assume one wage earner does commute (at least 30 miles, maybe 50):

50 miles x 2 = 100 miles x 5 days/wk = 500 miles/wk

Car: 30mpg. 500/30 ~ 17 gallons a week.

Gas @ $5/gal = $85/wk -> $340/month

@ 5% interest and 20% down, the family is paying $1700/mo (principle, interest, tax @ 1.6%, insurance and $100 hoa). That doesn’t include the $291 dollar tax saving @ 25% tax rate.

Total monthly housing outlay, including gas @ $5/gal = $2034

This same house would rent in Orange County or San Diego for significantly more than $2034. Of course there is the issue of the cost of seat time for a commute and other soft variables, but just look at the hard numbers.

A family making $74k would take home about $4500/mo. After mortgage and gas, this leaves them with $2500 for food, savings, car payment, etc.

If gas was $10/gal, the total monthly outlay is only $2374. Let’s say they still take need to get around town and use a few gallons a month – $2500/mo.

So no matter how you slice it…3500 sq ft, new construction, excellent schools, low crime area. Minus the awful location (major street, no light left turn), but there are smaller homes with better locations for the same or less.

$2500/month at $10/gallon gas.

Now the folks that bought out here at the top of the bubble for 500, 600k? They’re in for a world a hurt but from what I’ve witnessed in my home search, there are plenty of people waiting on the sidelines with cash in hand to pick up those places for a reasonable, sustainable amount. I’ll get worried when we see a lack of buyers and full neighborhoods becoming distressed. So far, so good.

[eclipxe]

[quote=Blissful Ignoramus]I just want to re-emphasize that in the long-run, I think Temecula has promise. It’s a good location in a region that over the next couple of decades should see strong growth. If you look at the (relatively) unpopulated areas of Southern California, Temecula Valley is probably the most promising.

The problem is, what is someone moving into that $280K house going to do and how are they going to live NOW? Sure, telecommuting and alternative energy are going to improve the distance issue. I think we’re looking at at least a ten year window there, and in the meantime I think we’re going to see more Dec. 2007s than Dec. 2008s when it comes to fuel prices.

As for slums, sure, the Hemets and Perrises are in worse shape, and they aren’t slums. Well, not entirely…yet. The bubble JUST burst. It’s going to be years before the dust settles. As an example, look at Riverside and San Bernardino counties, and the wake of the 1990s real estate slump. There are a lot of areas there that turned pretty crappy pretty quickly. They re-expanded in the current bubble (and of course burst) but in the meantime the older parts (i.e., 1990 vintage) remained pretty rough around the edges. I can’t imagine how all of the current foreclosures are going to happen without some pretty serious effects on quality of life everywhere in the Inland Empire (and elsewhere, to a lesser extent).

I sincerely hope I am wrong about this. But even if I’m not, I think folks buying in the best areas with a 10+ year commitment to the region will do very well.[/quote]

I agree with you about the location. We’ll see how foreclosures play out, however just from my experience on the ground – the brown lawns are gone and decent places are getting multiple offers when they are priced right.

You asked how is someone moving into the $280k house going to make do now? Well 280k is closer to the higher end of the market now out here, but let’s say the family puts down 20%. A $224k loan at 3x income requires the family to make about 74k a year. Teachers, police officers, retail, Abbot factory line, restaurant manage, blackjack dealer etc. Local jobs with two wage earners can support a loan of that amount.

And remember, that is the high end of the market. 74k is also about the median household income. I would say that is a recipe for a stable community of owners that do not need to stretch or even commute to make do.

Now if we assume one wage earner does commute (at least 30 miles, maybe 50):

50 miles x 2 = 100 miles x 5 days/wk = 500 miles/wk

Car: 30mpg. 500/30 ~ 17 gallons a week.

Gas @ $5/gal = $85/wk -> $340/month

@ 5% interest and 20% down, the family is paying $1700/mo (principle, interest, tax @ 1.6%, insurance and $100 hoa). That doesn’t include the $291 dollar tax saving @ 25% tax rate.

Total monthly housing outlay, including gas @ $5/gal = $2034

This same house would rent in Orange County or San Diego for significantly more than $2034. Of course there is the issue of the cost of seat time for a commute and other soft variables, but just look at the hard numbers.

A family making $74k would take home about $4500/mo. After mortgage and gas, this leaves them with $2500 for food, savings, car payment, etc.

If gas was $10/gal, the total monthly outlay is only $2374. Let’s say they still take need to get around town and use a few gallons a month – $2500/mo.

So no matter how you slice it…3500 sq ft, new construction, excellent schools, low crime area. Minus the awful location (major street, no light left turn), but there are smaller homes with better locations for the same or less.

$2500/month at $10/gallon gas.

Now the folks that bought out here at the top of the bubble for 500, 600k? They’re in for a world a hurt but from what I’ve witnessed in my home search, there are plenty of people waiting on the sidelines with cash in hand to pick up those places for a reasonable, sustainable amount. I’ll get worried when we see a lack of buyers and full neighborhoods becoming distressed. So far, so good.

[eclipxe]

[quote=Blissful Ignoramus]I just want to re-emphasize that in the long-run, I think Temecula has promise. It’s a good location in a region that over the next couple of decades should see strong growth. If you look at the (relatively) unpopulated areas of Southern California, Temecula Valley is probably the most promising.

The problem is, what is someone moving into that $280K house going to do and how are they going to live NOW? Sure, telecommuting and alternative energy are going to improve the distance issue. I think we’re looking at at least a ten year window there, and in the meantime I think we’re going to see more Dec. 2007s than Dec. 2008s when it comes to fuel prices.

As for slums, sure, the Hemets and Perrises are in worse shape, and they aren’t slums. Well, not entirely…yet. The bubble JUST burst. It’s going to be years before the dust settles. As an example, look at Riverside and San Bernardino counties, and the wake of the 1990s real estate slump. There are a lot of areas there that turned pretty crappy pretty quickly. They re-expanded in the current bubble (and of course burst) but in the meantime the older parts (i.e., 1990 vintage) remained pretty rough around the edges. I can’t imagine how all of the current foreclosures are going to happen without some pretty serious effects on quality of life everywhere in the Inland Empire (and elsewhere, to a lesser extent).

I sincerely hope I am wrong about this. But even if I’m not, I think folks buying in the best areas with a 10+ year commitment to the region will do very well.[/quote]

I agree with you about the location. We’ll see how foreclosures play out, however just from my experience on the ground – the brown lawns are gone and decent places are getting multiple offers when they are priced right.

You asked how is someone moving into the $280k house going to make do now? Well 280k is closer to the higher end of the market now out here, but let’s say the family puts down 20%. A $224k loan at 3x income requires the family to make about 74k a year. Teachers, police officers, retail, Abbot factory line, restaurant manage, blackjack dealer etc. Local jobs with two wage earners can support a loan of that amount.

And remember, that is the high end of the market. 74k is also about the median household income. I would say that is a recipe for a stable community of owners that do not need to stretch or even commute to make do.

Now if we assume one wage earner does commute (at least 30 miles, maybe 50):

50 miles x 2 = 100 miles x 5 days/wk = 500 miles/wk

Car: 30mpg. 500/30 ~ 17 gallons a week.

Gas @ $5/gal = $85/wk -> $340/month

@ 5% interest and 20% down, the family is paying $1700/mo (principle, interest, tax @ 1.6%, insurance and $100 hoa). That doesn’t include the $291 dollar tax saving @ 25% tax rate.

Total monthly housing outlay, including gas @ $5/gal = $2034

This same house would rent in Orange County or San Diego for significantly more than $2034. Of course there is the issue of the cost of seat time for a commute and other soft variables, but just look at the hard numbers.

A family making $74k would take home about $4500/mo. After mortgage and gas, this leaves them with $2500 for food, savings, car payment, etc.

If gas was $10/gal, the total monthly outlay is only $2374. Let’s say they still take need to get around town and use a few gallons a month – $2500/mo.

So no matter how you slice it…3500 sq ft, new construction, excellent schools, low crime area. Minus the awful location (major street, no light left turn), but there are smaller homes with better locations for the same or less.

$2500/month at $10/gallon gas.

Now the folks that bought out here at the top of the bubble for 500, 600k? They’re in for a world a hurt but from what I’ve witnessed in my home search, there are plenty of people waiting on the sidelines with cash in hand to pick up those places for a reasonable, sustainable amount. I’ll get worried when we see a lack of buyers and full neighborhoods becoming distressed. So far, so good.

[temeculaguy]

exclipse, I may officially hand you the reigns of piggington temecula defender. I am so busy with the new pad and the chargers/lakers that I simply can’t do it like i used to, thank god you came along. You made a cogent argument but do understand that you may well be arguing with people who have never spent any time here other than to get gas, or people who have a 1995 view of your town. Still others are angry that their town hasn’t gone down 50% yet and they need to rationalize waiting it out (which they should). Another portion consider Murietta, French valley, wildomar, elsinore, hemet, etc. essentially Temecula when in fact those areas can be 5, 10, 15, or 20 more miles away, yet they think of Poway and Carlsbad as worlds apart. You can’t fight egocentric bloggers.

Temecula may not be Mission Viejo of the 1970’s but it is Valencia (aka Santa Clarita) of the 1990’s. All Temeculans do not drive to downtown San Diego or the O.C. to work, in fact very few do. In a study of I-15 southbound traffic passing through Temecula, half were going to the N. County (esco, san marcos, vista) and not all originated in temecula. That is a traffic free 30 mile drive. Temecula has 30k jobs and 100k people, kids make up about 30-40k, stay at home moms another chunk and retirees the rest. Southbound offramps in the am are clogged as workers that work in temecula get off the freeway from areas that are north and are cheaper, if given the opportunity they will relocate to Temecula to be closer to work. Good schools, master planned developments and low crime will always attract families and retirees. Golf, wineries and a casino give it just a little more to do than most exhurbs. The areas that will struggle are the suburbs of Temecula, but the actual city will be fine. As soon as the buyers stop coming, you can have your argument about gas prices but there are many people who don’t buy gas regularly that would like to live in a fairly temperate climate, seventeen miles from the ocean without having to relocate to Arizona or Texas yet pay the same prices. I bought four tanks of gas in 2007, paid for no oil changes or tires and I’m not the only one out here who lives like that, quite frankly if you happen to have a job where you are given a car and gas, there is no better place than Temecula to live, if you want to retire or semi retire and need to stay in so cal for family reasons, again it is a winner. Of those 100k residents, I am related to 10 of them (.001 of the population). The furthest commuter drives 150 miles a week, not one person lost their job or has declined in income, not one person has more than a 300k mortgage and four own outright and we are about half way through this downturn, believe me there are many more like my 10 relatives. But if it becomes a ghost town like some say, there will at least be ten of us still here and we will buy everything in sight. In fact I actually hope it happens a little, the family trust sold into the bubble and is down to only three rentals right now and would love to double that but the “ghost town” is so active that buying here is like playing the lottery, even when gas was $4 and interest rates were higher it was a struggle to buy a well priced rental in the city.

Recently there was a thread about a doctor who lives in Carlsbad, who works just about every day and every waking hour. He does not get to enjoy the beach that he lives near and he doesn’t send his kids to the school he pays for. He could have just about the same house here with the same demographics and the same income for less than half. That is exactly why every well priced home here is getting a dozen offers, people are getting off the treadmill. Don’t hate us because we are beautiful. But then again don’t listen to me, I don’t want to talk you into moving here because I don’t want you here if you are a crabby whiner, I like exclipse, carlsbadworker and my other co-defendants, they can stay.

[temeculaguy]

exclipse, I may officially hand you the reigns of piggington temecula defender. I am so busy with the new pad and the chargers/lakers that I simply can’t do it like i used to, thank god you came along. You made a cogent argument but do understand that you may well be arguing with people who have never spent any time here other than to get gas, or people who have a 1995 view of your town. Still others are angry that their town hasn’t gone down 50% yet and they need to rationalize waiting it out (which they should). Another portion consider Murietta, French valley, wildomar, elsinore, hemet, etc. essentially Temecula when in fact those areas can be 5, 10, 15, or 20 more miles away, yet they think of Poway and Carlsbad as worlds apart. You can’t fight egocentric bloggers.

Temecula may not be Mission Viejo of the 1970’s but it is Valencia (aka Santa Clarita) of the 1990’s. All Temeculans do not drive to downtown San Diego or the O.C. to work, in fact very few do. In a study of I-15 southbound traffic passing through Temecula, half were going to the N. County (esco, san marcos, vista) and not all originated in temecula. That is a traffic free 30 mile drive. Temecula has 30k jobs and 100k people, kids make up about 30-40k, stay at home moms another chunk and retirees the rest. Southbound offramps in the am are clogged as workers that work in temecula get off the freeway from areas that are north and are cheaper, if given the opportunity they will relocate to Temecula to be closer to work. Good schools, master planned developments and low crime will always attract families and retirees. Golf, wineries and a casino give it just a little more to do than most exhurbs. The areas that will struggle are the suburbs of Temecula, but the actual city will be fine. As soon as the buyers stop coming, you can have your argument about gas prices but there are many people who don’t buy gas regularly that would like to live in a fairly temperate climate, seventeen miles from the ocean without having to relocate to Arizona or Texas yet pay the same prices. I bought four tanks of gas in 2007, paid for no oil changes or tires and I’m not the only one out here who lives like that, quite frankly if you happen to have a job where you are given a car and gas, there is no better place than Temecula to live, if you want to retire or semi retire and need to stay in so cal for family reasons, again it is a winner. Of those 100k residents, I am related to 10 of them (.001 of the population). The furthest commuter drives 150 miles a week, not one person lost their job or has declined in income, not one person has more than a 300k mortgage and four own outright and we are about half way through this downturn, believe me there are many more like my 10 relatives. But if it becomes a ghost town like some say, there will at least be ten of us still here and we will buy everything in sight. In fact I actually hope it happens a little, the family trust sold into the bubble and is down to only three rentals right now and would love to double that but the “ghost town” is so active that buying here is like playing the lottery, even when gas was $4 and interest rates were higher it was a struggle to buy a well priced rental in the city.

Recently there was a thread about a doctor who lives in Carlsbad, who works just about every day and every waking hour. He does not get to enjoy the beach that he lives near and he doesn’t send his kids to the school he pays for. He could have just about the same house here with the same demographics and the same income for less than half. That is exactly why every well priced home here is getting a dozen offers, people are getting off the treadmill. Don’t hate us because we are beautiful. But then again don’t listen to me, I don’t want to talk you into moving here because I don’t want you here if you are a crabby whiner, I like exclipse, carlsbadworker and my other co-defendants, they can stay.

[temeculaguy]

exclipse, I may officially hand you the reigns of piggington temecula defender. I am so busy with the new pad and the chargers/lakers that I simply can’t do it like i used to, thank god you came along. You made a cogent argument but do understand that you may well be arguing with people who have never spent any time here other than to get gas, or people who have a 1995 view of your town. Still others are angry that their town hasn’t gone down 50% yet and they need to rationalize waiting it out (which they should). Another portion consider Murietta, French valley, wildomar, elsinore, hemet, etc. essentially Temecula when in fact those areas can be 5, 10, 15, or 20 more miles away, yet they think of Poway and Carlsbad as worlds apart. You can’t fight egocentric bloggers.

Temecula may not be Mission Viejo of the 1970’s but it is Valencia (aka Santa Clarita) of the 1990’s. All Temeculans do not drive to downtown San Diego or the O.C. to work, in fact very few do. In a study of I-15 southbound traffic passing through Temecula, half were going to the N. County (esco, san marcos, vista) and not all originated in temecula. That is a traffic free 30 mile drive. Temecula has 30k jobs and 100k people, kids make up about 30-40k, stay at home moms another chunk and retirees the rest. Southbound offramps in the am are clogged as workers that work in temecula get off the freeway from areas that are north and are cheaper, if given the opportunity they will relocate to Temecula to be closer to work. Good schools, master planned developments and low crime will always attract families and retirees. Golf, wineries and a casino give it just a little more to do than most exhurbs. The areas that will struggle are the suburbs of Temecula, but the actual city will be fine. As soon as the buyers stop coming, you can have your argument about gas prices but there are many people who don’t buy gas regularly that would like to live in a fairly temperate climate, seventeen miles from the ocean without having to relocate to Arizona or Texas yet pay the same prices. I bought four tanks of gas in 2007, paid for no oil changes or tires and I’m not the only one out here who lives like that, quite frankly if you happen to have a job where you are given a car and gas, there is no better place than Temecula to live, if you want to retire or semi retire and need to stay in so cal for family reasons, again it is a winner. Of those 100k residents, I am related to 10 of them (.001 of the population). The furthest commuter drives 150 miles a week, not one person lost their job or has declined in income, not one person has more than a 300k mortgage and four own outright and we are about half way through this downturn, believe me there are many more like my 10 relatives. But if it becomes a ghost town like some say, there will at least be ten of us still here and we will buy everything in sight. In fact I actually hope it happens a little, the family trust sold into the bubble and is down to only three rentals right now and would love to double that but the “ghost town” is so active that buying here is like playing the lottery, even when gas was $4 and interest rates were higher it was a struggle to buy a well priced rental in the city.

Recently there was a thread about a doctor who lives in Carlsbad, who works just about every day and every waking hour. He does not get to enjoy the beach that he lives near and he doesn’t send his kids to the school he pays for. He could have just about the same house here with the same demographics and the same income for less than half. That is exactly why every well priced home here is getting a dozen offers, people are getting off the treadmill. Don’t hate us because we are beautiful. But then again don’t listen to me, I don’t want to talk you into moving here because I don’t want you here if you are a crabby whiner, I like exclipse, carlsbadworker and my other co-defendants, they can stay.

[temeculaguy]

exclipse, I may officially hand you the reigns of piggington temecula defender. I am so busy with the new pad and the chargers/lakers that I simply can’t do it like i used to, thank god you came along. You made a cogent argument but do understand that you may well be arguing with people who have never spent any time here other than to get gas, or people who have a 1995 view of your town. Still others are angry that their town hasn’t gone down 50% yet and they need to rationalize waiting it out (which they should). Another portion consider Murietta, French valley, wildomar, elsinore, hemet, etc. essentially Temecula when in fact those areas can be 5, 10, 15, or 20 more miles away, yet they think of Poway and Carlsbad as worlds apart. You can’t fight egocentric bloggers.

Temecula may not be Mission Viejo of the 1970’s but it is Valencia (aka Santa Clarita) of the 1990’s. All Temeculans do not drive to downtown San Diego or the O.C. to work, in fact very few do. In a study of I-15 southbound traffic passing through Temecula, half were going to the N. County (esco, san marcos, vista) and not all originated in temecula. That is a traffic free 30 mile drive. Temecula has 30k jobs and 100k people, kids make up about 30-40k, stay at home moms another chunk and retirees the rest. Southbound offramps in the am are clogged as workers that work in temecula get off the freeway from areas that are north and are cheaper, if given the opportunity they will relocate to Temecula to be closer to work. Good schools, master planned developments and low crime will always attract families and retirees. Golf, wineries and a casino give it just a little more to do than most exhurbs. The areas that will struggle are the suburbs of Temecula, but the actual city will be fine. As soon as the buyers stop coming, you can have your argument about gas prices but there are many people who don’t buy gas regularly that would like to live in a fairly temperate climate, seventeen miles from the ocean without having to relocate to Arizona or Texas yet pay the same prices. I bought four tanks of gas in 2007, paid for no oil changes or tires and I’m not the only one out here who lives like that, quite frankly if you happen to have a job where you are given a car and gas, there is no better place than Temecula to live, if you want to retire or semi retire and need to stay in so cal for family reasons, again it is a winner. Of those 100k residents, I am related to 10 of them (.001 of the population). The furthest commuter drives 150 miles a week, not one person lost their job or has declined in income, not one person has more than a 300k mortgage and four own outright and we are about half way through this downturn, believe me there are many more like my 10 relatives. But if it becomes a ghost town like some say, there will at least be ten of us still here and we will buy everything in sight. In fact I actually hope it happens a little, the family trust sold into the bubble and is down to only three rentals right now and would love to double that but the “ghost town” is so active that buying here is like playing the lottery, even when gas was $4 and interest rates were higher it was a struggle to buy a well priced rental in the city.

Recently there was a thread about a doctor who lives in Carlsbad, who works just about every day and every waking hour. He does not get to enjoy the beach that he lives near and he doesn’t send his kids to the school he pays for. He could have just about the same house here with the same demographics and the same income for less than half. That is exactly why every well priced home here is getting a dozen offers, people are getting off the treadmill. Don’t hate us because we are beautiful. But then again don’t listen to me, I don’t want to talk you into moving here because I don’t want you here if you are a crabby whiner, I like exclipse, carlsbadworker and my other co-defendants, they can stay.

[temeculaguy]

exclipse, I may officially hand you the reigns of piggington temecula defender. I am so busy with the new pad and the chargers/lakers that I simply can’t do it like i used to, thank god you came along. You made a cogent argument but do understand that you may well be arguing with people who have never spent any time here other than to get gas, or people who have a 1995 view of your town. Still others are angry that their town hasn’t gone down 50% yet and they need to rationalize waiting it out (which they should). Another portion consider Murietta, French valley, wildomar, elsinore, hemet, etc. essentially Temecula when in fact those areas can be 5, 10, 15, or 20 more miles away, yet they think of Poway and Carlsbad as worlds apart. You can’t fight egocentric bloggers.

Temecula may not be Mission Viejo of the 1970’s but it is Valencia (aka Santa Clarita) of the 1990’s. All Temeculans do not drive to downtown San Diego or the O.C. to work, in fact very few do. In a study of I-15 southbound traffic passing through Temecula, half were going to the N. County (esco, san marcos, vista) and not all originated in temecula. That is a traffic free 30 mile drive. Temecula has 30k jobs and 100k people, kids make up about 30-40k, stay at home moms another chunk and retirees the rest. Southbound offramps in the am are clogged as workers that work in temecula get off the freeway from areas that are north and are cheaper, if given the opportunity they will relocate to Temecula to be closer to work. Good schools, master planned developments and low crime will always attract families and retirees. Golf, wineries and a casino give it just a little more to do than most exhurbs. The areas that will struggle are the suburbs of Temecula, but the actual city will be fine. As soon as the buyers stop coming, you can have your argument about gas prices but there are many people who don’t buy gas regularly that would like to live in a fairly temperate climate, seventeen miles from the ocean without having to relocate to Arizona or Texas yet pay the same prices. I bought four tanks of gas in 2007, paid for no oil changes or tires and I’m not the only one out here who lives like that, quite frankly if you happen to have a job where you are given a car and gas, there is no better place than Temecula to live, if you want to retire or semi retire and need to stay in so cal for family reasons, again it is a winner. Of those 100k residents, I am related to 10 of them (.001 of the population). The furthest commuter drives 150 miles a week, not one person lost their job or has declined in income, not one person has more than a 300k mortgage and four own outright and we are about half way through this downturn, believe me there are many more like my 10 relatives. But if it becomes a ghost town like some say, there will at least be ten of us still here and we will buy everything in sight. In fact I actually hope it happens a little, the family trust sold into the bubble and is down to only three rentals right now and would love to double that but the “ghost town” is so active that buying here is like playing the lottery, even when gas was $4 and interest rates were higher it was a struggle to buy a well priced rental in the city.

Recently there was a thread about a doctor who lives in Carlsbad, who works just about every day and every waking hour. He does not get to enjoy the beach that he lives near and he doesn’t send his kids to the school he pays for. He could have just about the same house here with the same demographics and the same income for less than half. That is exactly why every well priced home here is getting a dozen offers, people are getting off the treadmill. Don’t hate us because we are beautiful. But then again don’t listen to me, I don’t want to talk you into moving here because I don’t want you here if you are a crabby whiner, I like exclipse, carlsbadworker and my other co-defendants, they can stay.

[Veritas]

Emperors in Temecula

To some extent many of us today live like Emperors whether we live in a condo or one of the castles in Temecula. The sheer abundance of fresh food available, the ability to listen to the world’s greatest music, sample the best imported food and or drink the finest wine, all because of the culture created by the hard working people of the United States. Too often the media focuses on our perceived defects instead of our accomplishments. I think it is a good time to pause and think about what a great country we are. Yes, that sounds like American exceptionalism, but it is not at the expense of the rest of the world, but because of the immigrants from the rest of the world who helped create this country. That does not mean there are not poor here or to deny their plight, but here, in spite of poor beginnings there is a chance to rise above your station and aspire to great heights. That is what is so sublime about the United States. I am proud of what the founders created and how their brilliance created this diverse country: out of many, one.

[Veritas]

Emperors in Temecula

To some extent many of us today live like Emperors whether we live in a condo or one of the castles in Temecula. The sheer abundance of fresh food available, the ability to listen to the world’s greatest music, sample the best imported food and or drink the finest wine, all because of the culture created by the hard working people of the United States. Too often the media focuses on our perceived defects instead of our accomplishments. I think it is a good time to pause and think about what a great country we are. Yes, that sounds like American exceptionalism, but it is not at the expense of the rest of the world, but because of the immigrants from the rest of the world who helped create this country. That does not mean there are not poor here or to deny their plight, but here, in spite of poor beginnings there is a chance to rise above your station and aspire to great heights. That is what is so sublime about the United States. I am proud of what the founders created and how their brilliance created this diverse country: out of many, one.

[Veritas]

Emperors in Temecula

To some extent many of us today live like Emperors whether we live in a condo or one of the castles in Temecula. The sheer abundance of fresh food available, the ability to listen to the world’s greatest music, sample the best imported food and or drink the finest wine, all because of the culture created by the hard working people of the United States. Too often the media focuses on our perceived defects instead of our accomplishments. I think it is a good time to pause and think about what a great country we are. Yes, that sounds like American exceptionalism, but it is not at the expense of the rest of the world, but because of the immigrants from the rest of the world who helped create this country. That does not mean there are not poor here or to deny their plight, but here, in spite of poor beginnings there is a chance to rise above your station and aspire to great heights. That is what is so sublime about the United States. I am proud of what the founders created and how their brilliance created this diverse country: out of many, one.

[Veritas]

Emperors in Temecula

To some extent many of us today live like Emperors whether we live in a condo or one of the castles in Temecula. The sheer abundance of fresh food available, the ability to listen to the world’s greatest music, sample the best imported food and or drink the finest wine, all because of the culture created by the hard working people of the United States. Too often the media focuses on our perceived defects instead of our accomplishments. I think it is a good time to pause and think about what a great country we are. Yes, that sounds like American exceptionalism, but it is not at the expense of the rest of the world, but because of the immigrants from the rest of the world who helped create this country. That does not mean there are not poor here or to deny their plight, but here, in spite of poor beginnings there is a chance to rise above your station and aspire to great heights. That is what is so sublime about the United States. I am proud of what the founders created and how their brilliance created this diverse country: out of many, one.

[Author]

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