Why is Ocean Beach RE still overpriced?

[EconProf]

BobS
Ah, OB. Yes, it is incredibly over priced…always has been too. And it always will be.
It’s all about location and atmosphere. It sure isn’t about the funky, falling down shacks.
Apparently, enough people have always liked it’s advantages to keep the prices high despite the structures. That’s the verdict of the market. Rents are outrageous as well. Always will be too.

[pk92108]

the best years of my life were spent in PB….Walking to the beach, parties with many young ladies in abundance…( i get all nostalgic when I drive thru PB and see the parties with the people spilling out on to the lawns with everyone holding those red plastic cups no doubt laced with mucho ETOH!!

maybe I should move back!….I suppose there is a babe and beach premium although the houses are pretty dumpy…..

[pk92108]

the best years of my life were spent in PB….Walking to the beach, parties with many young ladies in abundance…( i get all nostalgic when I drive thru PB and see the parties with the people spilling out on to the lawns with everyone holding those red plastic cups no doubt laced with mucho ETOH!!

maybe I should move back!….I suppose there is a babe and beach premium although the houses are pretty dumpy…..

[pk92108]

the best years of my life were spent in PB….Walking to the beach, parties with many young ladies in abundance…( i get all nostalgic when I drive thru PB and see the parties with the people spilling out on to the lawns with everyone holding those red plastic cups no doubt laced with mucho ETOH!!

maybe I should move back!….I suppose there is a babe and beach premium although the houses are pretty dumpy…..

[pk92108]

the best years of my life were spent in PB….Walking to the beach, parties with many young ladies in abundance…( i get all nostalgic when I drive thru PB and see the parties with the people spilling out on to the lawns with everyone holding those red plastic cups no doubt laced with mucho ETOH!!

maybe I should move back!….I suppose there is a babe and beach premium although the houses are pretty dumpy…..

[pk92108]

the best years of my life were spent in PB….Walking to the beach, parties with many young ladies in abundance…( i get all nostalgic when I drive thru PB and see the parties with the people spilling out on to the lawns with everyone holding those red plastic cups no doubt laced with mucho ETOH!!

maybe I should move back!….I suppose there is a babe and beach premium although the houses are pretty dumpy…..

[jpinpb]

I don’t think OB has always been unaffordable. I almost picked up a place there in 2000 for 350k. Cute place. I think eventually we’ll be back to 2002 prices along the coast. Everyone can say what they will on that, but people buying on the coast still have to take out a loan for the most part and the lending standards are going to be just as tight on the coast as they are inland.

[jpinpb]

I don’t think OB has always been unaffordable. I almost picked up a place there in 2000 for 350k. Cute place. I think eventually we’ll be back to 2002 prices along the coast. Everyone can say what they will on that, but people buying on the coast still have to take out a loan for the most part and the lending standards are going to be just as tight on the coast as they are inland.

[jpinpb]

I don’t think OB has always been unaffordable. I almost picked up a place there in 2000 for 350k. Cute place. I think eventually we’ll be back to 2002 prices along the coast. Everyone can say what they will on that, but people buying on the coast still have to take out a loan for the most part and the lending standards are going to be just as tight on the coast as they are inland.

[jpinpb]

I don’t think OB has always been unaffordable. I almost picked up a place there in 2000 for 350k. Cute place. I think eventually we’ll be back to 2002 prices along the coast. Everyone can say what they will on that, but people buying on the coast still have to take out a loan for the most part and the lending standards are going to be just as tight on the coast as they are inland.

[jpinpb]

I don’t think OB has always been unaffordable. I almost picked up a place there in 2000 for 350k. Cute place. I think eventually we’ll be back to 2002 prices along the coast. Everyone can say what they will on that, but people buying on the coast still have to take out a loan for the most part and the lending standards are going to be just as tight on the coast as they are inland.

[Multiplepropertyowner]

SD Realtor,
I probably partied with you in South Mission.I grew up on Ithmus Ct.Did you ever go to a Slo Ponies show in the 80’s? P.S O.B. is bitchin, but I wouldn’t raise any kids there. Good Burgers though.

[Multiplepropertyowner]

SD Realtor,
I probably partied with you in South Mission.I grew up on Ithmus Ct.Did you ever go to a Slo Ponies show in the 80’s? P.S O.B. is bitchin, but I wouldn’t raise any kids there. Good Burgers though.

[Multiplepropertyowner]

SD Realtor,
I probably partied with you in South Mission.I grew up on Ithmus Ct.Did you ever go to a Slo Ponies show in the 80’s? P.S O.B. is bitchin, but I wouldn’t raise any kids there. Good Burgers though.

[Multiplepropertyowner]

SD Realtor,
I probably partied with you in South Mission.I grew up on Ithmus Ct.Did you ever go to a Slo Ponies show in the 80’s? P.S O.B. is bitchin, but I wouldn’t raise any kids there. Good Burgers though.

[Author]

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