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flyer
Participant“Disagree. Even cities that have been built out for close to 100 years have land use disagreements and NIMBY residents. Old buildings come down, new buildings go up, ad infinitum.”
Understand how that could be the case in some areas.
Also found the excerpt below from the article you posted provided a particularly interesting take on the issue. Build as we may, many will still be priced out of CA per. . .
“Supply-side cheerleaders can keep crying “build, build, build!” as much as they want but greasing the wheels of the market is not going to have any net benefit for most people, and certainly not for the vast army of low paid service workers that are also part of the Bay Area’s tech economy. And it’s not just voices on the left voicing skepticism that trickle-down housing policy simply doesn’t work. No one denies that we need more housing but unless the focus is on building affordable housing, more construction does not mean less crisis.”
ParticipantI think there is great value in having NIMBY’s and Non-NIMBY’s involved in these decisions–as was proven with One Paseo. These developers were actually lucky to reach a compromise, since the developer of the Agua Hedionda Lagoon project in Carlsbad just conceded defeat by a small margin.
If everyone wanted to live their lives in the same way, there would be no conflict. Fortunately, we don’t, so I think the checks and balances these opposing POV’s offer help keep things in balance.
Soon, there will be no more buildable land–especially in coastal SoCal–so these discussions will be moot.
ParticipantBG, I admire the fact that you are doing everything you can in your area to at least try to “curb” the growth–much as the citizens of CV did with One Paseo.
With so little buildable land left, builders are definitely desperate these days, and are willing to exploit any scrap of dirt they can find–especially in San Diego.
Places like Playa Vista are great developments, and have a lot to offer. Yet, although friends who are long-time residents of Marina Del Rey, Manhattan Beach, etc., like having the amenities they offer nearby, they are not looking forward to the added congestion they will bring to the area–especially the beaches–which are already a zoo. I’ll take our beautiful and peaceful Del Mar and Torrey Pines beaches any day compared to that.
Like you, we don’t live near any of these concrete jungles, so, continue your valiant efforts, but also try to enjoy the fact that these developments bring added resources–just far enough away–so that we too can enjoy what they have to offer without sacrificing our way of life.
ParticipantOne last OT comment on investments.
To our surprise, over the past few years, our private film
investments–including those in the exploding Chinese market–(and yes, some of us Boomers are aware of cutting edge opportunities) have now surpassed our real estate and most other investments.Although I cannot and will not recommend this path to anyone because it is extremely risky, and timing was essential (we’ve participated through friends) I just thought I’d mention it, in case anyone wants to explore this option with their financial contacts, and at their own risk.
(Do not consider this financial, legal or any other type of advice.)
ParticipantGoing OT does tend to happen, but–to diverge into that realm for a moment. After reading the posts, it’s clear that everyone has a different idea of how to live their lives, and I have no idea of why anyone would try to tell someone else what they should and should not like.
There are lots of places and lifestyles I can’t stand, and try to avoid in every way possible, but they may appeal to others. As long as we’re each living the lives we want to live–where we want to live them–that’s what really matters.
Now back to the OT–hopefully:)
ParticipantSeeing this in many neighborhoods, and was just talking about it with family/friends the other day. Like us, we don’t know anyone who ever plans to sell any of their primary or investment properties, so it does not bode well for future buyers–or renters.
ParticipantEveryone is different, but, since our careers and finances permitted, we chose to take time off and be with our kids as much as possible when they were growing up. Those years go by fast–and, looking back–we’re very glad we did.
ParticipantPlease don’t shoot the messenger, because I have no skin in this game (we’ve lived in CV, still have rentals there among other locations, and reside in RSF) but several of our friends who have relocated here, and are younger families, chose CV, 4S, Del Sur and Santaluz to name a few communities.
In the final analysis, for some of the reasons mentioned above and others, they ruled out anything east of I-15, but that is an individual choice, and you’ll certainly have to evaluate your own needs and wants in order to make the final decision.
ParticipantThat is ridiculous, BG, considering all of the government assistance being paid out. I can see your frustration, but, since medical coverage is definitely essential, not to mention required by law, all you can do is hang in there, and hope we see some much needed changes legislated until your Medicare kicks in.
If we don’t see some changes, I think we’re going to see a whole lot of people between 55-65 in years to come who are financially ruined by medical coverage issues, if they don’t retire with a health plan from their employers.
Over and out for this evening. . .
ParticipantBG, may I ask who your healthcare provider is–Scripps, Kaiser, etc.? Could it be they are contributing to the problems vs. just CC?
ParticipantYes, BG, I have posted the points you made above, and, yes, those are the facts, but the purpose of my recent post was to illustrate the point that, as Millennials like to point out regarding their options in life, many of us, as Boomers, were also in a position to choose how we lived our lives–in direct opposition to common myths floating around about our generation.
In our case, because of the groundwork we laid in real estate when we were young, and those income streams, as well as others, my wife and I chose the careers we preferred, and were also able to take long leaves of absence (years in some cases–thanks to my favorite–the union:) when we were still young and enjoyed life and raising our family along the way, yet were still able to maintain the security our careers provided. Thus proving it is possible to maximize the offerings of the establishment in one’s favor.
BG, I completely understand we all have had different life experiences, and that everyone has different challenges. From what you’ve shared with all of us, it’s clear that the way you have managed your life, given the responsibilities you’ve shouldered, is impressive. You are a Boomer who has succeeded in doing exceptionally well for yourself and your kids where others might have failed.
I’m sorry you’re having to deal with the health care situation you’ve described, and I know Medicare & SS still seem far away for those of us still in our 50’s, but we’ll all get there eventually.
ParticipantI think it’s very hard to generalize about any particular generation, so I’ll share a little about my own life experience as a Boomer (and similar to most I know) only to help dispel common misconceptions about my generation.
As mentioned before, both my parents (whom, contrary to many comments here, I wanted to be exactly like, with no latchkey kids in either generation) and my wife’s parents, encouraged and emphasized establishing financial freedom ASAP in our lives as they had, and I was involved in investing in real estate even before I went to college. Everyone in my family was into real estate investment, among other things, so it came naturally.
This, among other things, gave us the freedom of not having to be tied to jobs, or at the mercy of employers–unless we chose to pursue careers we enjoyed–which both my wife and I did–she in film, and I in aviation, but we still had, and continue to have quality personal and family time for everything we need and want to do.
I could go on, but my point is, no generation has a “lock” on how to live. Believe me, there are people from every generation and in every age group who are living and have lived the lives they want to live, and some are not–it’s all individual.
ParticipantEveryone has a different life experience, and there really is no right or wrong.
As Boomers, one of our major goals as a couple, and later as a family, was to create financial freedom as early as possible, so we could pursue whatever we considered to be important in life–rather than waiting for a later “retirement” scenario. Investing in real estate at a young age, among other things, enabled us to do so.
We enjoy our home life, and can’t imagine not having a stable home base, but we also enjoy having extreme mobility, which, for us, has worked out to be the best of both worlds.
Regardless of what each of us chooses to do with our lives–everything in this lifetime is temporary–so enjoy it while you can.
ParticipantNo Boomers I know, including ourselves, are needy. In fact, not all, but many of the needy people we know seem to be younger people (even those in their 30’s) who require extensive assistance just to live their lives, and, even then, it doesn’t seem to be working out well in many cases.
In addition, many of us who have purchased our own+ investment properties over the years have done much of our own work on the properties. When we remodeled our home in RSF over 20 years ago, I was involved in almost every aspect of that project and loved it, as well as taking care of our cars, the rentals, and flying.
Don’t do as much of the above as I used to, since we have so many other things going on, but jump in anytime I need to.
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