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flyer
ParticipantWonderful way to live, Jazzman.
We spend a lot of time in both France and HI, along with San Diego, so I definitely understand how you must feel about creating a life around these amazing locales. Just seeing your photos makes me want to take off tomorrow!
Enjoy!
ParticipantI hope you’re right, CAR.
In the meantime, we’re trying to make sure our immediate and extended family are well taken care of–just in case “collective intelligence and fortitude” does not prevail.
ParticipantI wonder if it’s really a question of “what we want,” versus, a confluence of events (some, beyond our control), that have irreversibly positioned us (as a country) in a situation where the financial “winners” in life will slowly, but surely diminish in number?
My wife is an exec in the film business, and we were having this very conversation with regard to a film she has worked on recently. “Elysium” presents a very thought-provoking scenario of what may or may not be in our future. (This is not an endorsement, merely a comment pertaining to the topic of this thread.)
ParticipantInteresting comments. Having traveled a great deal also, you definitely realize and appreciate that your lifestyle (especially in San Diego) is an exception to the rule, and is something which should not be taken for granted.
I’ve always felt that it’s a lot easier to make a fortune than to sustain a fortune over a lifetime.
Throughout my life, I’ve known many people who have made loads of money, only to find themselves in a very different situation in their 50’s and 60’s+. Places like San Diego can eat people alive, financially, if they aren’t careful.
ParticipantInteresting analysis.
As some of you, I don’t see the “crash” scenario playing out under current conditions in the near future either. There are, perhaps, more inherent risks in real estate for those who are new to the game, vs. the risks for those of us who have been involved in commercial and residential investments for many years.
I have no doubt that there are extreme economic challenges coming our way as a country–“when” is the question. IMO, prudent positioning will be key to financial survival, if and when it all hits the fan. In the meantime–enjoy!
ParticipantWe’ve actually done very well on our SFH and condo investments in CV, but we did purchase the properties many years ago. Compared to some of our other real estate investments in San Diego and elswhere, CV has probably been one of the most stable markets in which we’ve ever been involved with regard to rentals.
ParticipantYeah, flu, got to love those 1996 prices–we even picked up some SFH’s in that price range. Glad to see these closings, so people believe me when I tell them what’s going on in CV.
ParticipantRegardless of who is buying homes, from my perspective, as a native San Diegan who owns a lot of real estate here (especially in CV), it’s been extremely interesting to watch the demand in this area grow over a period of 25+ years.
IMO, this area would not have developed to the frenetic degree it has, were it not for the evolution of companies such as Qualcomm, etc.
In fact, there was no Carmel Valley when I was growing up in La Jolla, and, eventually, when the development of the area was put to a vote, many voted against it.
San Diego has always been a great place to live, but it took jobs to bring the masses here who are in search of housing, and, currently, demand is greater than supply.
Fairly recently, perhaps, different dynamics have entered the picture with more investors, etc., but, IMO, the demand is primarily from families who want to live near their workplace.
ParticipantSince I believe we are in uncharted territory, I don’t think anyone really knows exactly where this train in going. Along with real estate and some other investments, we’ve been hoarding cash for years, so it will be interesting to see how all of this plays out for better or for worse.
June 11, 2013 at 1:56 AM in reply to: Which public schools are better: Carmel Valley or La Jolla #762616ParticipantTO THE OP:
I think many of us would enjoy knowing where you and your family “land” in San Diego and how you like it.
Hope you enjoy the same wonderful lives many of us here have enjoyed for many years and, again, welcome!!
June 10, 2013 at 8:02 PM in reply to: Which public schools are better: Carmel Valley or La Jolla #762601Participant[quote=bearishgurl][quote=flyer]What’s really sad, IMO, is many of the kids who were raised in San Diego will never be able to find jobs or buy homes here–should they want to. At least that’s what we’ve seen with many of our kid’s friends.[/quote]
flyer, that is why my kid(s) chose to attend college and settle in SF/SV to work and my youngest is now considering doing same. Not only do the jobs there pay much better than those in SD, the are many more career opportunities for young college grads there and it is easier to move up the ladder in the seven-county bay area. The same could be said for certain parts of LA. I DO believe my kids will eventually be able to buy their own flat(s) and believe it will be likely happen thru owner-carryback financing. Right now, “rent control” is serving them just fine and has been for years. Hailing from Alameda County myself, I am more than happy for them :)[/quote]
BG, glad to hear things are working out for you and your kids. Everyone has their own idea of “success,” and as long as each person fulfills their own dreams, and can support themselves, who cares what others think or do? I know I don’t. and neither should you.
In the past, you’ve shared quite a bit of your life story with us, and you should be very proud of what your family has achieved.
(On another topic. My wife, who works in film and television, enjoys reading this and other boards when creating characters. I thought that was very interesting.)
June 10, 2013 at 4:33 PM in reply to: Which public schools are better: Carmel Valley or La Jolla #762580ParticipantWhat’s really sad, IMO, is many of the kids who were raised in San Diego will never be able to find jobs or buy homes here–should they want to. At least that’s what we’ve seen with many of our kid’s friends.
June 10, 2013 at 4:18 PM in reply to: Which public schools are better: Carmel Valley or La Jolla #762576ParticipantHaving raised three kids, now in their late 20’s, in CV and RSF, this is an interesting discussion from my perspective.
Like all of you, we did everything to make sure our kids had the best chance of achieving success in life–which included providing each of them with a great education. Both my wife and I had that privilege, and we wanted to make sure they did as well.
In the final analysis, however,elements far beyond education ended up tipping the scales in their favor, when it came to careers in the “real world.” In fact, when all was said and done, “who we knew,” and several other factors, actually carried far more weight than their diplomas.
My point is–we all agree education can be a fantastic tool for achieving one’s goals, and choosing great schools is part of that, but, IMO, it’s importance should be kept in perspective, and that single element should not necessarily be relied upon as a guarantee for achieving one’s dreams.
May 29, 2013 at 4:19 PM in reply to: Which public schools are better: Carmel Valley or La Jolla #762278ParticipantTwo areas to which I can comment are La Jolla, and Carmel Valley (92130). My wife and I grew up in LJ, and attended the public schools there with no regrets.
We raised our kids in Carmel Vallley and RSF, and they went to private schools, and colleges, but friends who have used the public school system in both LJ and CV also have no regrets. Checking out API scores in various areas of San Diego County might also be of help to you. (See below.)
Frankly, your housing budget will go a lot further in CV than LJ, and, from my perspective, CV also has the edge with regard to a great area to raise children. JMO.
Of course, the Poway School District is also great, but since you mentioned your housing interest is primarily coastal, you may or may not want to consider a location 10 miles or so inland.
Here’s a fairly recent API report:
http://dq.cde.ca.gov/dataquest/Acnt2012/2011Base_Co.aspx?cYear=&cSelect=37,SAN,DIEGOTo check out available properties by zip code see sdlookup.com.
Good luck, and welcome to San Diego!
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