[bearishgurl]

[quote=faterikcartman]My wife and I are disgusted by the practice of requiring such housing in exchange for issuing permits for upscale developments. One can bust their arse all their life to escape a certain demographic and the planning gods say “no you can’t”.

We were looking at some master plans for Santaluz, for example, and the low income housing is identified.

It is such a turn off to us that in the future we would not buy anywhere near. I’m not sure everyone is willing to be so honest, however.

It may explain the continued attraction and prices of older upscale areas even when the houses are out of date. People aren’t buying the house, they’re buying the demographics of the neighbourhood and schools.[/quote]

fat erik, even “older upscale areas” have their share of section 8, even if it is in an adjacent zip code. Case in point: 92110 is adjacent to 92106 and has both a huge complex of military multifamily housing AND multiple Section 8 complexes. The “naked eye” can’t tell a “Section 8” complex or the “market-rate” units from the “subsidized units.” They are truly one and the same. The vast majority of these tenants are law-abiding working stiffs.

I know it was the OP and not you that posted it, but I believe it is DISCRIMINATORY to require a Section 8 applicant to submit to a background check (criminal investigation). If I were you, I would be far more concerned about renting my upscale SFR I owned to unsuspecting associates of the Mexican drug cartel. These are the applicants that have first and last months rent, as well as a large damage deposit in cash for you … no problem. But curiously, their rental application reveals that no one in their family has any paying “job” or other “legitimate and verifiable” income.

The “poor” or “near poor” are NOT the tenant-applicants you need to worry about in SD … we don’t have any “public housing projects” here.

[bearishgurl]

[quote=faterikcartman]My wife and I are disgusted by the practice of requiring such housing in exchange for issuing permits for upscale developments. One can bust their arse all their life to escape a certain demographic and the planning gods say “no you can’t”.

We were looking at some master plans for Santaluz, for example, and the low income housing is identified.

It is such a turn off to us that in the future we would not buy anywhere near. I’m not sure everyone is willing to be so honest, however.

It may explain the continued attraction and prices of older upscale areas even when the houses are out of date. People aren’t buying the house, they’re buying the demographics of the neighbourhood and schools.[/quote]

fat erik, even “older upscale areas” have their share of section 8, even if it is in an adjacent zip code. Case in point: 92110 is adjacent to 92106 and has both a huge complex of military multifamily housing AND multiple Section 8 complexes. The “naked eye” can’t tell a “Section 8” complex or the “market-rate” units from the “subsidized units.” They are truly one and the same. The vast majority of these tenants are law-abiding working stiffs.

I know it was the OP and not you that posted it, but I believe it is DISCRIMINATORY to require a Section 8 applicant to submit to a background check (criminal investigation). If I were you, I would be far more concerned about renting my upscale SFR I owned to unsuspecting associates of the Mexican drug cartel. These are the applicants that have first and last months rent, as well as a large damage deposit in cash for you … no problem. But curiously, their rental application reveals that no one in their family has any paying “job” or other “legitimate and verifiable” income.

The “poor” or “near poor” are NOT the tenant-applicants you need to worry about in SD … we don’t have any “public housing projects” here.

[bearishgurl]

[quote=faterikcartman]My wife and I are disgusted by the practice of requiring such housing in exchange for issuing permits for upscale developments. One can bust their arse all their life to escape a certain demographic and the planning gods say “no you can’t”.

We were looking at some master plans for Santaluz, for example, and the low income housing is identified.

It is such a turn off to us that in the future we would not buy anywhere near. I’m not sure everyone is willing to be so honest, however.

It may explain the continued attraction and prices of older upscale areas even when the houses are out of date. People aren’t buying the house, they’re buying the demographics of the neighbourhood and schools.[/quote]

fat erik, even “older upscale areas” have their share of section 8, even if it is in an adjacent zip code. Case in point: 92110 is adjacent to 92106 and has both a huge complex of military multifamily housing AND multiple Section 8 complexes. The “naked eye” can’t tell a “Section 8” complex or the “market-rate” units from the “subsidized units.” They are truly one and the same. The vast majority of these tenants are law-abiding working stiffs.

I know it was the OP and not you that posted it, but I believe it is DISCRIMINATORY to require a Section 8 applicant to submit to a background check (criminal investigation). If I were you, I would be far more concerned about renting my upscale SFR I owned to unsuspecting associates of the Mexican drug cartel. These are the applicants that have first and last months rent, as well as a large damage deposit in cash for you … no problem. But curiously, their rental application reveals that no one in their family has any paying “job” or other “legitimate and verifiable” income.

The “poor” or “near poor” are NOT the tenant-applicants you need to worry about in SD … we don’t have any “public housing projects” here.

[bearishgurl]

[quote=sdrealtor][quote=familyguy][quote=recordsclerk]Savvy,

Have you looked at this house:

http://www.sdlookup.com/MLS-100051901-14661_Old_Creek_Dr_San_Diego_CA_92131

I think it’s a great deal, better than anything new for the price. Just fell out of escrow.[/quote]

Holy crap! If zillow is correct they paid 1.5 in 2006. I can’t belive the asking price is under 900k. Something doesn’t seem right here?[/quote]

Old Creek just went back under contract. I wonder what price and how much of those back taxes the buyer will end up paying. Any guesses?[/quote]

sdr, can you see who the 1st TD holder is? Are the 1st TD holder and the lender who recently filed a default one and the same?

[bearishgurl]

[quote=sdrealtor][quote=familyguy][quote=recordsclerk]Savvy,

Have you looked at this house:

http://www.sdlookup.com/MLS-100051901-14661_Old_Creek_Dr_San_Diego_CA_92131

I think it’s a great deal, better than anything new for the price. Just fell out of escrow.[/quote]

Holy crap! If zillow is correct they paid 1.5 in 2006. I can’t belive the asking price is under 900k. Something doesn’t seem right here?[/quote]

Old Creek just went back under contract. I wonder what price and how much of those back taxes the buyer will end up paying. Any guesses?[/quote]

sdr, can you see who the 1st TD holder is? Are the 1st TD holder and the lender who recently filed a default one and the same?

[bearishgurl]

[quote=sdrealtor][quote=familyguy][quote=recordsclerk]Savvy,

Have you looked at this house:

http://www.sdlookup.com/MLS-100051901-14661_Old_Creek_Dr_San_Diego_CA_92131

I think it’s a great deal, better than anything new for the price. Just fell out of escrow.[/quote]

Holy crap! If zillow is correct they paid 1.5 in 2006. I can’t belive the asking price is under 900k. Something doesn’t seem right here?[/quote]

Old Creek just went back under contract. I wonder what price and how much of those back taxes the buyer will end up paying. Any guesses?[/quote]

sdr, can you see who the 1st TD holder is? Are the 1st TD holder and the lender who recently filed a default one and the same?

[bearishgurl]

[quote=sdrealtor][quote=familyguy][quote=recordsclerk]Savvy,

Have you looked at this house:

http://www.sdlookup.com/MLS-100051901-14661_Old_Creek_Dr_San_Diego_CA_92131

I think it’s a great deal, better than anything new for the price. Just fell out of escrow.[/quote]

Holy crap! If zillow is correct they paid 1.5 in 2006. I can’t belive the asking price is under 900k. Something doesn’t seem right here?[/quote]

Old Creek just went back under contract. I wonder what price and how much of those back taxes the buyer will end up paying. Any guesses?[/quote]

sdr, can you see who the 1st TD holder is? Are the 1st TD holder and the lender who recently filed a default one and the same?

[bearishgurl]

[quote=sdrealtor][quote=familyguy][quote=recordsclerk]Savvy,

Have you looked at this house:

http://www.sdlookup.com/MLS-100051901-14661_Old_Creek_Dr_San_Diego_CA_92131

I think it’s a great deal, better than anything new for the price. Just fell out of escrow.[/quote]

Holy crap! If zillow is correct they paid 1.5 in 2006. I can’t belive the asking price is under 900k. Something doesn’t seem right here?[/quote]

Old Creek just went back under contract. I wonder what price and how much of those back taxes the buyer will end up paying. Any guesses?[/quote]

sdr, can you see who the 1st TD holder is? Are the 1st TD holder and the lender who recently filed a default one and the same?

[bearishgurl]

[quote=HiggyBaby]BG, speaking from experience, I can say that a SFR is a huge quality of life win over a condo. I grew up in an SFR. And, my first house was in a 32 unit complex. Two awful nieghbors. And got worse from there.

But, ultimately, I’ll back out and say, there are condo complexes where people are very happy. I have friends who have great condos…..

Its about making a choice and going with it. If you’re young, you have the option of chaning your mind later and moving. If you’re older, like me, you have to try really hard to anticipate where you’re going in life, and choose wisely.

Wishing you the best of luck BG![/quote]

I agree, HiggyBaby. I’ve never owned a condo but have house-sat for condo owners (pets left behind) and enjoyed using some of their facilities. I’m not young either, but I have a good idea of where I’m going, and it’s still three years away, lol! Even though I have more house than I presently need, I am enjoying it! I don’t think I’ll have any problem selling or renting when the time comes to do so!

[bearishgurl]

[quote=HiggyBaby]BG, speaking from experience, I can say that a SFR is a huge quality of life win over a condo. I grew up in an SFR. And, my first house was in a 32 unit complex. Two awful nieghbors. And got worse from there.

But, ultimately, I’ll back out and say, there are condo complexes where people are very happy. I have friends who have great condos…..

Its about making a choice and going with it. If you’re young, you have the option of chaning your mind later and moving. If you’re older, like me, you have to try really hard to anticipate where you’re going in life, and choose wisely.

Wishing you the best of luck BG![/quote]

I agree, HiggyBaby. I’ve never owned a condo but have house-sat for condo owners (pets left behind) and enjoyed using some of their facilities. I’m not young either, but I have a good idea of where I’m going, and it’s still three years away, lol! Even though I have more house than I presently need, I am enjoying it! I don’t think I’ll have any problem selling or renting when the time comes to do so!

[bearishgurl]

[quote=HiggyBaby]BG, speaking from experience, I can say that a SFR is a huge quality of life win over a condo. I grew up in an SFR. And, my first house was in a 32 unit complex. Two awful nieghbors. And got worse from there.

But, ultimately, I’ll back out and say, there are condo complexes where people are very happy. I have friends who have great condos…..

Its about making a choice and going with it. If you’re young, you have the option of chaning your mind later and moving. If you’re older, like me, you have to try really hard to anticipate where you’re going in life, and choose wisely.

Wishing you the best of luck BG![/quote]

I agree, HiggyBaby. I’ve never owned a condo but have house-sat for condo owners (pets left behind) and enjoyed using some of their facilities. I’m not young either, but I have a good idea of where I’m going, and it’s still three years away, lol! Even though I have more house than I presently need, I am enjoying it! I don’t think I’ll have any problem selling or renting when the time comes to do so!

[bearishgurl]

[quote=HiggyBaby]BG, speaking from experience, I can say that a SFR is a huge quality of life win over a condo. I grew up in an SFR. And, my first house was in a 32 unit complex. Two awful nieghbors. And got worse from there.

But, ultimately, I’ll back out and say, there are condo complexes where people are very happy. I have friends who have great condos…..

Its about making a choice and going with it. If you’re young, you have the option of chaning your mind later and moving. If you’re older, like me, you have to try really hard to anticipate where you’re going in life, and choose wisely.

Wishing you the best of luck BG![/quote]

I agree, HiggyBaby. I’ve never owned a condo but have house-sat for condo owners (pets left behind) and enjoyed using some of their facilities. I’m not young either, but I have a good idea of where I’m going, and it’s still three years away, lol! Even though I have more house than I presently need, I am enjoying it! I don’t think I’ll have any problem selling or renting when the time comes to do so!

[bearishgurl]

[quote=HiggyBaby]BG, speaking from experience, I can say that a SFR is a huge quality of life win over a condo. I grew up in an SFR. And, my first house was in a 32 unit complex. Two awful nieghbors. And got worse from there.

But, ultimately, I’ll back out and say, there are condo complexes where people are very happy. I have friends who have great condos…..

Its about making a choice and going with it. If you’re young, you have the option of chaning your mind later and moving. If you’re older, like me, you have to try really hard to anticipate where you’re going in life, and choose wisely.

Wishing you the best of luck BG![/quote]

I agree, HiggyBaby. I’ve never owned a condo but have house-sat for condo owners (pets left behind) and enjoyed using some of their facilities. I’m not young either, but I have a good idea of where I’m going, and it’s still three years away, lol! Even though I have more house than I presently need, I am enjoying it! I don’t think I’ll have any problem selling or renting when the time comes to do so!

[bearishgurl]

jp, you made a wise choice over a condo. SFR’s typically hold their value much better, even those that need work :=]

[bearishgurl]

jp, you made a wise choice over a condo. SFR’s typically hold their value much better, even those that need work :=]

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