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May 4, 2011 at 1:14 PM in reply to: Relocating from SF to Del Mar or Santaluz or Olivenhain or FBR or other? #693396
sdcellar
ParticipantMan, this thread is a blast from the past (for me). That property on Elliott is right up my alley. Definitely shows that Point Loma’s come down. Still expensive, but getting there…
ParticipantMan, this thread is a blast from the past (for me). That property on Elliott is right up my alley. Definitely shows that Point Loma’s come down. Still expensive, but getting there…
ParticipantMan, this thread is a blast from the past (for me). That property on Elliott is right up my alley. Definitely shows that Point Loma’s come down. Still expensive, but getting there…
ParticipantMan, this thread is a blast from the past (for me). That property on Elliott is right up my alley. Definitely shows that Point Loma’s come down. Still expensive, but getting there…
ParticipantMan, this thread is a blast from the past (for me). That property on Elliott is right up my alley. Definitely shows that Point Loma’s come down. Still expensive, but getting there…
Participant[quote=AN][quote=sdcellar]That said, are you suggesting there’s a meaningful difference, because that would be fun to debate. You’d be surprised the ingenuity people can bring to bear when it comes to “discovering” buildable land. Why one need look no further than, well, Point Loma and the aforementioned Liberty Station.[/quote]
For a built out area, unless the city change its zoning for a particular plot of land, yes, they’re not making any build-able land. Liberty Station land has always been there, they just rezone it. That’s not very common and usually is much more expensive/difficult than buying a plot of land that has nothing on it and is zoned for residential. My guess is that Liberty Station only happened because of the RE bubble. Where the builder did their calculation and even w/ the extra cost of getting the land rezoned, they’d still make a profit.[/quote]I assume this is your way of telling me I’m right?(because I am)
I certainly wasn’t operating under the assumption that the land at liberty station was actual shiny (dirty?) new land. I’ll leave that to the UAE.
Participant[quote=AN][quote=sdcellar]That said, are you suggesting there’s a meaningful difference, because that would be fun to debate. You’d be surprised the ingenuity people can bring to bear when it comes to “discovering” buildable land. Why one need look no further than, well, Point Loma and the aforementioned Liberty Station.[/quote]
For a built out area, unless the city change its zoning for a particular plot of land, yes, they’re not making any build-able land. Liberty Station land has always been there, they just rezone it. That’s not very common and usually is much more expensive/difficult than buying a plot of land that has nothing on it and is zoned for residential. My guess is that Liberty Station only happened because of the RE bubble. Where the builder did their calculation and even w/ the extra cost of getting the land rezoned, they’d still make a profit.[/quote]I assume this is your way of telling me I’m right?(because I am)
I certainly wasn’t operating under the assumption that the land at liberty station was actual shiny (dirty?) new land. I’ll leave that to the UAE.
Participant[quote=AN][quote=sdcellar]That said, are you suggesting there’s a meaningful difference, because that would be fun to debate. You’d be surprised the ingenuity people can bring to bear when it comes to “discovering” buildable land. Why one need look no further than, well, Point Loma and the aforementioned Liberty Station.[/quote]
For a built out area, unless the city change its zoning for a particular plot of land, yes, they’re not making any build-able land. Liberty Station land has always been there, they just rezone it. That’s not very common and usually is much more expensive/difficult than buying a plot of land that has nothing on it and is zoned for residential. My guess is that Liberty Station only happened because of the RE bubble. Where the builder did their calculation and even w/ the extra cost of getting the land rezoned, they’d still make a profit.[/quote]I assume this is your way of telling me I’m right?(because I am)
I certainly wasn’t operating under the assumption that the land at liberty station was actual shiny (dirty?) new land. I’ll leave that to the UAE.
Participant[quote=AN][quote=sdcellar]That said, are you suggesting there’s a meaningful difference, because that would be fun to debate. You’d be surprised the ingenuity people can bring to bear when it comes to “discovering” buildable land. Why one need look no further than, well, Point Loma and the aforementioned Liberty Station.[/quote]
For a built out area, unless the city change its zoning for a particular plot of land, yes, they’re not making any build-able land. Liberty Station land has always been there, they just rezone it. That’s not very common and usually is much more expensive/difficult than buying a plot of land that has nothing on it and is zoned for residential. My guess is that Liberty Station only happened because of the RE bubble. Where the builder did their calculation and even w/ the extra cost of getting the land rezoned, they’d still make a profit.[/quote]I assume this is your way of telling me I’m right?(because I am)
I certainly wasn’t operating under the assumption that the land at liberty station was actual shiny (dirty?) new land. I’ll leave that to the UAE.
Participant[quote=AN][quote=sdcellar]That said, are you suggesting there’s a meaningful difference, because that would be fun to debate. You’d be surprised the ingenuity people can bring to bear when it comes to “discovering” buildable land. Why one need look no further than, well, Point Loma and the aforementioned Liberty Station.[/quote]
For a built out area, unless the city change its zoning for a particular plot of land, yes, they’re not making any build-able land. Liberty Station land has always been there, they just rezone it. That’s not very common and usually is much more expensive/difficult than buying a plot of land that has nothing on it and is zoned for residential. My guess is that Liberty Station only happened because of the RE bubble. Where the builder did their calculation and even w/ the extra cost of getting the land rezoned, they’d still make a profit.[/quote]I assume this is your way of telling me I’m right?(because I am)
I certainly wasn’t operating under the assumption that the land at liberty station was actual shiny (dirty?) new land. I’ll leave that to the UAE.
March 8, 2011 at 2:46 PM in reply to: Going on the radio this afternoon… quick questions for the piggs #674933ParticipantDetails? I think you may have that reversed. Forest and trees, same thing. I’d answer your “tipping” question, but unfortunately, that requires detail and I’m not sure if that’s allowed.
What I can say is you ignore square footage when it suits you and things like cul-de-sacs, location and lot sizes (and layouts).
If you saw the forest, you’d understand that even historically, some people made better and worse purchases, but you ignore that and make stunning assumptions. You seem to have a predilection to gravitate toward the ones that make you look better.
As far as refinancing, I was talking about your rate, not the comps (which makes no sense to me, btw). Using the same 80% LTV, I just can’t get the numbers you can for the rough rate it was at the time you bought.
March 8, 2011 at 2:46 PM in reply to: Going on the radio this afternoon… quick questions for the piggs #674989ParticipantDetails? I think you may have that reversed. Forest and trees, same thing. I’d answer your “tipping” question, but unfortunately, that requires detail and I’m not sure if that’s allowed.
What I can say is you ignore square footage when it suits you and things like cul-de-sacs, location and lot sizes (and layouts).
If you saw the forest, you’d understand that even historically, some people made better and worse purchases, but you ignore that and make stunning assumptions. You seem to have a predilection to gravitate toward the ones that make you look better.
As far as refinancing, I was talking about your rate, not the comps (which makes no sense to me, btw). Using the same 80% LTV, I just can’t get the numbers you can for the rough rate it was at the time you bought.
March 8, 2011 at 2:46 PM in reply to: Going on the radio this afternoon… quick questions for the piggs #675602ParticipantDetails? I think you may have that reversed. Forest and trees, same thing. I’d answer your “tipping” question, but unfortunately, that requires detail and I’m not sure if that’s allowed.
What I can say is you ignore square footage when it suits you and things like cul-de-sacs, location and lot sizes (and layouts).
If you saw the forest, you’d understand that even historically, some people made better and worse purchases, but you ignore that and make stunning assumptions. You seem to have a predilection to gravitate toward the ones that make you look better.
As far as refinancing, I was talking about your rate, not the comps (which makes no sense to me, btw). Using the same 80% LTV, I just can’t get the numbers you can for the rough rate it was at the time you bought.
March 8, 2011 at 2:46 PM in reply to: Going on the radio this afternoon… quick questions for the piggs #675739ParticipantDetails? I think you may have that reversed. Forest and trees, same thing. I’d answer your “tipping” question, but unfortunately, that requires detail and I’m not sure if that’s allowed.
What I can say is you ignore square footage when it suits you and things like cul-de-sacs, location and lot sizes (and layouts).
If you saw the forest, you’d understand that even historically, some people made better and worse purchases, but you ignore that and make stunning assumptions. You seem to have a predilection to gravitate toward the ones that make you look better.
As far as refinancing, I was talking about your rate, not the comps (which makes no sense to me, btw). Using the same 80% LTV, I just can’t get the numbers you can for the rough rate it was at the time you bought.
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