Why is San Diego real estate still so expensive?

[(former)FormerSanDiegan]

[quote=jstoesz]Damn you all! LOOK elsewhere! Carmel valley really is sweet. Look at the schools and the manicured lawns. Pt. Loma only has strip clubs and bums to offer, not to mention Rosecrans GRIDLOCK!

It is a horrific place, especially the wooded area. All that exists in the wooded area is termites. Termites upon termites. That and ugly trees that infiltrate your sewer lines. Its called the wooded area, who wants trees anyways. It is SD after all, trees just kill the view and termites love them.[/quote]

Instant Classic.

Also, don’t forget all those crazy college kids hangin’ around that PLNU campus, all their partying, carrying on and what-not. Then there’s the military with all their dangerous death ray research going on. Oh yeah, then there’s those darn leaking oil tanks, and all that pollution from boaters emptying their sewage in the bay. And then theire’s airplane noise. Traffic backed up getting into Point Loma Seafoods. I guess the list of negatives never ends …

[bearishgurl]

[quote=FormerSanDiegan]I still regret the 280K fixer in the wooded area I passed on in 1996. It was priced at more than 7x the median household income of 34k back then, so it didn’t make sense for us to to buy it until it dropped to about 4x median income (about 140k).[/quote]

Understand completely, FSD. Did you actually expect your wooded property to drop to $140K?

In 1994, I had to pass on a “rare” $273K fixer near the top of Fleetridge with a sit-down 270 deg view of all that “riff-raff” (discussed below). I think I posted somewhere here on Pigg that my spouse at the time didn’t like it because its RV access & pkg was in the alley below and he wanted his “toys” parked up where he could see them better. Suffice to say, since I no longer have a spouse, I would have had to sell said property after likely rehabbing it and would have been MUCH wealthier today than I actually am :=(

[quote=FormerSanDiegan][quote=jstoesz]Damn you all! LOOK elsewhere! Carmel valley really is sweet. Look at the schools and the manicured lawns. Pt. Loma only has strip clubs and bums to offer, not to mention Rosecrans GRIDLOCK!

It is a horrific place, especially the wooded area. All that exists in the wooded area is termites. Termites upon termites. That and ugly trees that infiltrate your sewer lines. Its called the wooded area, who wants trees anyways. It is SD after all, trees just kill the view and termites love them.[/quote]

Instant Classic.

Also, don’t forget all those crazy college kids hangin’ around that PLNU campus, all their partying, carrying on and what-not. Then there’s the military with all their dangerous death ray research going on. Oh yeah, then there’s those darn leaking oil tanks, and all that pollution from boaters emptying their sewage in the bay. And then theire’s airplane noise. Traffic backed up getting into Point Loma Seafoods. I guess the list of negatives never ends …[/quote]

I’ll take the view of it all, thank you :=)

And bring on the tent fumigation! Know any carpenters?? I do.

[bearishgurl]

[quote=FormerSanDiegan]I still regret the 280K fixer in the wooded area I passed on in 1996. It was priced at more than 7x the median household income of 34k back then, so it didn’t make sense for us to to buy it until it dropped to about 4x median income (about 140k).[/quote]

Understand completely, FSD. Did you actually expect your wooded property to drop to $140K?

In 1994, I had to pass on a “rare” $273K fixer near the top of Fleetridge with a sit-down 270 deg view of all that “riff-raff” (discussed below). I think I posted somewhere here on Pigg that my spouse at the time didn’t like it because its RV access & pkg was in the alley below and he wanted his “toys” parked up where he could see them better. Suffice to say, since I no longer have a spouse, I would have had to sell said property after likely rehabbing it and would have been MUCH wealthier today than I actually am :=(

[quote=FormerSanDiegan][quote=jstoesz]Damn you all! LOOK elsewhere! Carmel valley really is sweet. Look at the schools and the manicured lawns. Pt. Loma only has strip clubs and bums to offer, not to mention Rosecrans GRIDLOCK!

It is a horrific place, especially the wooded area. All that exists in the wooded area is termites. Termites upon termites. That and ugly trees that infiltrate your sewer lines. Its called the wooded area, who wants trees anyways. It is SD after all, trees just kill the view and termites love them.[/quote]

Instant Classic.

Also, don’t forget all those crazy college kids hangin’ around that PLNU campus, all their partying, carrying on and what-not. Then there’s the military with all their dangerous death ray research going on. Oh yeah, then there’s those darn leaking oil tanks, and all that pollution from boaters emptying their sewage in the bay. And then theire’s airplane noise. Traffic backed up getting into Point Loma Seafoods. I guess the list of negatives never ends …[/quote]

I’ll take the view of it all, thank you :=)

And bring on the tent fumigation! Know any carpenters?? I do.

[bearishgurl]

[quote=FormerSanDiegan]I still regret the 280K fixer in the wooded area I passed on in 1996. It was priced at more than 7x the median household income of 34k back then, so it didn’t make sense for us to to buy it until it dropped to about 4x median income (about 140k).[/quote]

Understand completely, FSD. Did you actually expect your wooded property to drop to $140K?

In 1994, I had to pass on a “rare” $273K fixer near the top of Fleetridge with a sit-down 270 deg view of all that “riff-raff” (discussed below). I think I posted somewhere here on Pigg that my spouse at the time didn’t like it because its RV access & pkg was in the alley below and he wanted his “toys” parked up where he could see them better. Suffice to say, since I no longer have a spouse, I would have had to sell said property after likely rehabbing it and would have been MUCH wealthier today than I actually am :=(

[quote=FormerSanDiegan][quote=jstoesz]Damn you all! LOOK elsewhere! Carmel valley really is sweet. Look at the schools and the manicured lawns. Pt. Loma only has strip clubs and bums to offer, not to mention Rosecrans GRIDLOCK!

It is a horrific place, especially the wooded area. All that exists in the wooded area is termites. Termites upon termites. That and ugly trees that infiltrate your sewer lines. Its called the wooded area, who wants trees anyways. It is SD after all, trees just kill the view and termites love them.[/quote]

Instant Classic.

Also, don’t forget all those crazy college kids hangin’ around that PLNU campus, all their partying, carrying on and what-not. Then there’s the military with all their dangerous death ray research going on. Oh yeah, then there’s those darn leaking oil tanks, and all that pollution from boaters emptying their sewage in the bay. And then theire’s airplane noise. Traffic backed up getting into Point Loma Seafoods. I guess the list of negatives never ends …[/quote]

I’ll take the view of it all, thank you :=)

And bring on the tent fumigation! Know any carpenters?? I do.

[bearishgurl]

[quote=FormerSanDiegan]I still regret the 280K fixer in the wooded area I passed on in 1996. It was priced at more than 7x the median household income of 34k back then, so it didn’t make sense for us to to buy it until it dropped to about 4x median income (about 140k).[/quote]

Understand completely, FSD. Did you actually expect your wooded property to drop to $140K?

In 1994, I had to pass on a “rare” $273K fixer near the top of Fleetridge with a sit-down 270 deg view of all that “riff-raff” (discussed below). I think I posted somewhere here on Pigg that my spouse at the time didn’t like it because its RV access & pkg was in the alley below and he wanted his “toys” parked up where he could see them better. Suffice to say, since I no longer have a spouse, I would have had to sell said property after likely rehabbing it and would have been MUCH wealthier today than I actually am :=(

[quote=FormerSanDiegan][quote=jstoesz]Damn you all! LOOK elsewhere! Carmel valley really is sweet. Look at the schools and the manicured lawns. Pt. Loma only has strip clubs and bums to offer, not to mention Rosecrans GRIDLOCK!

It is a horrific place, especially the wooded area. All that exists in the wooded area is termites. Termites upon termites. That and ugly trees that infiltrate your sewer lines. Its called the wooded area, who wants trees anyways. It is SD after all, trees just kill the view and termites love them.[/quote]

Instant Classic.

Also, don’t forget all those crazy college kids hangin’ around that PLNU campus, all their partying, carrying on and what-not. Then there’s the military with all their dangerous death ray research going on. Oh yeah, then there’s those darn leaking oil tanks, and all that pollution from boaters emptying their sewage in the bay. And then theire’s airplane noise. Traffic backed up getting into Point Loma Seafoods. I guess the list of negatives never ends …[/quote]

I’ll take the view of it all, thank you :=)

And bring on the tent fumigation! Know any carpenters?? I do.

[bearishgurl]

[quote=FormerSanDiegan]I still regret the 280K fixer in the wooded area I passed on in 1996. It was priced at more than 7x the median household income of 34k back then, so it didn’t make sense for us to to buy it until it dropped to about 4x median income (about 140k).[/quote]

Understand completely, FSD. Did you actually expect your wooded property to drop to $140K?

In 1994, I had to pass on a “rare” $273K fixer near the top of Fleetridge with a sit-down 270 deg view of all that “riff-raff” (discussed below). I think I posted somewhere here on Pigg that my spouse at the time didn’t like it because its RV access & pkg was in the alley below and he wanted his “toys” parked up where he could see them better. Suffice to say, since I no longer have a spouse, I would have had to sell said property after likely rehabbing it and would have been MUCH wealthier today than I actually am :=(

[quote=FormerSanDiegan][quote=jstoesz]Damn you all! LOOK elsewhere! Carmel valley really is sweet. Look at the schools and the manicured lawns. Pt. Loma only has strip clubs and bums to offer, not to mention Rosecrans GRIDLOCK!

It is a horrific place, especially the wooded area. All that exists in the wooded area is termites. Termites upon termites. That and ugly trees that infiltrate your sewer lines. Its called the wooded area, who wants trees anyways. It is SD after all, trees just kill the view and termites love them.[/quote]

Instant Classic.

Also, don’t forget all those crazy college kids hangin’ around that PLNU campus, all their partying, carrying on and what-not. Then there’s the military with all their dangerous death ray research going on. Oh yeah, then there’s those darn leaking oil tanks, and all that pollution from boaters emptying their sewage in the bay. And then theire’s airplane noise. Traffic backed up getting into Point Loma Seafoods. I guess the list of negatives never ends …[/quote]

I’ll take the view of it all, thank you :=)

And bring on the tent fumigation! Know any carpenters?? I do.

[briansd1]

[quote=bearishgurl]

And bring on the tent fumigation! Know any carpenters?? I do.[/quote]

BG, the problem with buying a fixer is that you have to 1) be handy, or 2) know the right contractors who will help you fix the fixer. Otherwise, you have to pay retail for everything and the purchase and remodel together would not make financial sense. For most buyers, buying new makes the most sense.

[briansd1]

[quote=bearishgurl]

And bring on the tent fumigation! Know any carpenters?? I do.[/quote]

BG, the problem with buying a fixer is that you have to 1) be handy, or 2) know the right contractors who will help you fix the fixer. Otherwise, you have to pay retail for everything and the purchase and remodel together would not make financial sense. For most buyers, buying new makes the most sense.

[briansd1]

[quote=bearishgurl]

And bring on the tent fumigation! Know any carpenters?? I do.[/quote]

BG, the problem with buying a fixer is that you have to 1) be handy, or 2) know the right contractors who will help you fix the fixer. Otherwise, you have to pay retail for everything and the purchase and remodel together would not make financial sense. For most buyers, buying new makes the most sense.

[briansd1]

[quote=bearishgurl]

And bring on the tent fumigation! Know any carpenters?? I do.[/quote]

BG, the problem with buying a fixer is that you have to 1) be handy, or 2) know the right contractors who will help you fix the fixer. Otherwise, you have to pay retail for everything and the purchase and remodel together would not make financial sense. For most buyers, buying new makes the most sense.

[briansd1]

[quote=bearishgurl]

And bring on the tent fumigation! Know any carpenters?? I do.[/quote]

BG, the problem with buying a fixer is that you have to 1) be handy, or 2) know the right contractors who will help you fix the fixer. Otherwise, you have to pay retail for everything and the purchase and remodel together would not make financial sense. For most buyers, buying new makes the most sense.

[bearishgurl]

[quote=briansd1]BG, the problem with buying a fixer is that you have to 1) be handy, or 2) know the right contractors who will help you fix the fixer. Otherwise, you have to pay retail for everything and the purchase and remodel together would not make financial sense…[/quote]

Well, brian, didn’t you just post that you would also take Pt. Loma at the “right price?” If you manage to get sellers in 40-80 year old Pt. Loma to agree to sell to you at the “right price,” do you think the property will be “turnkey??”

You will have to find a way to live in it as-is and “fix the fixer” little by little as funds become available. If this is too distasteful, you should not attempt to obtain a Pt. Loma SFR at the “right price.” It’s as simple as that.

[quote=briansd1]I’m with you jstoesz, everyone please buy in Carmel Valley.

I wouldn’t mind a fixer in Point Loma, at the right price, of course. ;)[/quote]

Lol!

[bearishgurl]

[quote=briansd1]BG, the problem with buying a fixer is that you have to 1) be handy, or 2) know the right contractors who will help you fix the fixer. Otherwise, you have to pay retail for everything and the purchase and remodel together would not make financial sense…[/quote]

Well, brian, didn’t you just post that you would also take Pt. Loma at the “right price?” If you manage to get sellers in 40-80 year old Pt. Loma to agree to sell to you at the “right price,” do you think the property will be “turnkey??”

You will have to find a way to live in it as-is and “fix the fixer” little by little as funds become available. If this is too distasteful, you should not attempt to obtain a Pt. Loma SFR at the “right price.” It’s as simple as that.

[quote=briansd1]I’m with you jstoesz, everyone please buy in Carmel Valley.

I wouldn’t mind a fixer in Point Loma, at the right price, of course. ;)[/quote]

Lol!

[bearishgurl]

[quote=briansd1]BG, the problem with buying a fixer is that you have to 1) be handy, or 2) know the right contractors who will help you fix the fixer. Otherwise, you have to pay retail for everything and the purchase and remodel together would not make financial sense…[/quote]

Well, brian, didn’t you just post that you would also take Pt. Loma at the “right price?” If you manage to get sellers in 40-80 year old Pt. Loma to agree to sell to you at the “right price,” do you think the property will be “turnkey??”

You will have to find a way to live in it as-is and “fix the fixer” little by little as funds become available. If this is too distasteful, you should not attempt to obtain a Pt. Loma SFR at the “right price.” It’s as simple as that.

[quote=briansd1]I’m with you jstoesz, everyone please buy in Carmel Valley.

I wouldn’t mind a fixer in Point Loma, at the right price, of course. ;)[/quote]

Lol!

[bearishgurl]

[quote=briansd1]BG, the problem with buying a fixer is that you have to 1) be handy, or 2) know the right contractors who will help you fix the fixer. Otherwise, you have to pay retail for everything and the purchase and remodel together would not make financial sense…[/quote]

Well, brian, didn’t you just post that you would also take Pt. Loma at the “right price?” If you manage to get sellers in 40-80 year old Pt. Loma to agree to sell to you at the “right price,” do you think the property will be “turnkey??”

You will have to find a way to live in it as-is and “fix the fixer” little by little as funds become available. If this is too distasteful, you should not attempt to obtain a Pt. Loma SFR at the “right price.” It’s as simple as that.

[quote=briansd1]I’m with you jstoesz, everyone please buy in Carmel Valley.

I wouldn’t mind a fixer in Point Loma, at the right price, of course. ;)[/quote]

Lol!

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