[Myriad]

Thought Prop 19 didn’t change property tax for children/grandchildren that use the property as the primary residence.

I do support different options to raise the property tax over time. Such as a 5% or 10% adjustment until the the tax reaches the 1% as defined by Prop 13. Then you don’t get this immediate tax shock to individual properties – this is especially true for commercial prop if Prop 13 is ever remove on those property types.

[Myriad]

[quote=Coronita]
I’m not convinced that EV is the end all solution … I think there will have to be some improvement to ICE engines and fuel.[/quote]

That’s not likely. ICE there’s not much left in pure ICE vehicles to improve efficiency/emissions. Currently already near the realistic efficiency limits of thermodynamics of ICE.
However, at this stage in the battery dev cycle, moving every car to a hybrid is better than full EVs. You could get to higher global fuel economy and lower emissions faster than pure EVs. Especially when the EVs coming out are primarily luxury and heavy vehicles.
In 20 years, if solid state batteries are cheap enough, ICE will be obsolete.

[Myriad]

I think the tradeoff is between basically living a subsistence life somewhere far away from everything, (assuming that nuclear winter doesn’t just f** up the ecosystem with a mass animal die-off.
Or watching the incoming ICBMs with MIRVs as them come into SD.

If you know you’ll just starve to death, I would definitely pick the later of watching SD get nuked by multiple MIRVs.

https://www.aspistrategist.org.au/wp-content/uploads/2016/11/3737004677_2888a6902f_z.jpg

[Myriad]

Well… the problem is that a good portion of the county is Very High Fire Risk.

https://www.sandiego.gov/fire/services/brush/severityzones

But insurance wise, try Lemonade.

[Myriad]

Well, if we’re going to get govt spending, better that it’s for infrastructure and investment rather than just giving people money to spend on stupid goods from China.

There’s inflation, but I’m not seeing an overall 8% increase for purchases. But I’m fortunate that my housing costs are relatively fixed.

Based on my spreadsheet and 20 years of spending data, I’m pace for the same spending level as 2018/2019. (if I were to normalize probably would add 3% from 2019 – think I go out to eat a little less now).

[Myriad]

I was looking at a Data Center investment in Prince William county south of Loudoun county where there are numerous data centers.
Sounded like a good opportunity, but then I looked at the numbers and the exit was based on a 4% cap rate.
My take is that all post 2018 CRE is based on completely unrealistic NOI, cap rates, and low loan rates.
Being super cautious on CRE investments at this stage. A lot of CRE use interest only products, so they expect to refinance every 5-10 years.

Maybe when there’s more defaults and some things shake out at a discount

[Myriad]

*dup

[Myriad]

[quote=sdrealtor]
System Access charge $39.44
SDCWA Infrastructure Access Charge $3.98
Usage (4 units at $3.39) $13.56

Total bill is $56.42
[/quote]

Wait, so you have no sewer charge? or you have a septic system?
My fixed charges alone are $112.

[Myriad]

Seems like a good time for Elon to step in with a “new & revolutionary” way to renovate homes for solar and get a Tesla. And you can buy with bitcoin or whatever coin de jour he’s hyping.
home prices to the moon

[Myriad]

The recall went off the rails went anyone could just be on the ballot.
Not a huge fan of Newsome, but Elder… seriously?

[Myriad]

Just saw the changes the SD made regarding ADU at a recent presentation.
SD CC basically allows for unlimited ADUs on a SFR near a TPA. This passed in 2020.
The changes are so ridiculous – in theory, someone can build an ADU apartment complex on what was a SFR lot. So it won’t be small investors that are buying these lots, it will be private equity and REITs.

https://www.neighborsforabettersandiego.org/

I’m not opposed to ADUs, I just don’t want to see SD turn into the shitty LA neighborhoods where you have a SFR next to a 20 units apartment complex (with the same front lot width) on a small residential street.

[Myriad]

I think a lot that has to do with limited parking available with most mixed-use development.
If UTC mall was in Asia, you would build a 50 story apartment/condo building right on top of the mall within 100′ of the trolley stop.
I’m guessing in SD, mixed-use would only work in existing retail locations that retained the same mix of stores that currently exist and same amount of parking.

We’ll get to see how this experiment will play out with the new housing zoning by the City Council.
27k units in Kearny Mesa
25k units in Mission Valley
6k units in Midway
10k units at the Navy/Old Town facility
28k units Mira Mesa

[Myriad]

The city is planning to rezone MM with an addition 18,000-24,000 units additional beyond 3 Roots and Stone Creek.
I don’t think MM will be recognizable if anywhere near the number of those units go in.

[Myriad]

[quote=sdrealtor][quote=scaredyclassic]Also, what abput the riff raff.[/quote]

The Villages are calling you and Econ Prof

https://www.dailymail.co.uk/news/article-9147745/Inside-Utopian-Disneyland-retirees-belies-sinister-underbelly-racism-orgies.html%5B/quote%5D

I only read through half so far and it already sounds like dystopian hell for me.
Yeah, I guess if you live in the cold Northeast or Midwest, enjoy playing golf, and like chain restaurants, this is probably “heaven” .

For the rest of us in San Diego, the benefits don’t seem so great comparatively.

I wonder if the writers of WestWorld spent some time there

[Myriad]

The argument for moving to a different state is much stronger if you can’t afford to own a SFR and you only option is a condo or don’t currently own at home.
So basically no one on this forum, LOL

[Author]

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