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[quote=barnaby33]

You generally won’t ever see in California a cow so close to an apartment tower you could hear it moo and toss it half your pain au chocolat, which I did.

Oregon does this. The fights over moving the urban/rural development lines are worse than a knife fight. A good friend of mine’s wife is / was a civil planner in Eugene.

As to costs of housing that would explain Europe where they have zoning laws. What about South America which is much more, “flexible?” I say the unifying costs are that energy and materials are generally much more expensive in both nominal and real terms. I think that’s the underlying reason why on avg housing is cheaper in ‘murica.
Josh[/quote]

Welcome to San Marcos where you can find new urban construction next to cows

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Side gig

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Many if not most of those condos were in complexes that had issues which made them not possible to finance especially as an investment. I bought one in North Park in 11 that I had to pay cash for. I suspect those did also

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You cursed me! My community just announced they will start Wednesday Night Bingo at our clubhouse

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[quote=EconProf][quote=sdrealtor][quote=EconProf]sdr, thanks for making my point. Working from home means people are choosing to live away from the big cities and are moving into exurban areas, or entirely different states. Thus the move out of CA to neighboring states while keeping their job and “checking in” at the home office weekly or monthly.
Your comment that people moving “says nothing about politics”…? For many people,it might be fully explained by politics of the two areas.
Here in St. George are two trends that prove that. Direct flights from LA to little St. George were recently introduced to accommodate such workers. Housing developments near our airport are exploding. And if they spend 51% of their days here, they escape CA taxes. Second, many Californians have second homes here, and due to the COVID lockdowns in CA are spending more of their time in Utah where our schools and universities stayed largely open. Enrollment in the local university during COVID jumped about 10% while CA universities went to useless distance “learning”.[/quote]

St George is over 300 miles from salt lake city and is in the middle of nowhere. It has no industry to speak of, a college that is more comparable to a community college here than a research university and a population significantly smaller than Carlsbad. A few hundred or even thousand people going there isn’t even a rounding error vis a vis the CA population. CA still is the Golden State and more wealth is created in SD County than the entire state of Utah. SD companies received more venture funding this quarter then the entire State of Utah does for a full year. That won’t change. You’ll dominate the bingo halls[/quote]

sdr: OK, you have convinced me. You are right, I am wrong. So I’ll stop our exchanges here.
After all, the Census Bureau is just lying about people leaving CA for neighboring states in increasing numbers. And people don’t care about cost of living and housing and taxes when they decide where they live. They want good Thai restaurants. And CA schools are better because of high per-pupil spending. And roads too. And people don’t mind high taxes because bigger government is good for everyone, especially the homeless, who now come not just from the rest of the US, but now from the world. Diversity, you know. And then there’s the ocean.
So I give up. This site is all yours.[/quote]

Still no real data to support his case And he still ignores the elephant in the room. Median home price almost $500k and median income under $50k in St George. That’s a bubble!

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On the topic of culture this will surprise most if not all of you about SD being an up and coming cultural center in the world!

More Broadway plays start their productions in San Diego before getting taken to Broadway than any city in the world. Any… City.. In.. The… World!

UCSD was recently named as one of the top 5 theatre schools in the World. Big things are happening here

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[quote=scaredyclassic]In Temecula, if you just lie still on the cool tile floor, you are ok. Just don’t get up[/quote]

If I lie down on the tile I may not be able to get up

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90% white and 70% Mormon. That spells a near complete void of culture. I’d take Tucson over it in a N.Y. Minute

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NJ has been losing population for decades because people move to warmer climates as they age

But you completely avoided the elephant in the room. The median home price in St George is almost $500k!!! The median household income is under $50k!!! You moved to Hemet!!

Oh and my total utilities last month here in Carlsbad in my 2700 sq ft house on 11,000 sq ft lot? Under $90! I do have solar but after 6 years it’s paid for itself.

Living with AC on 24/7 by necessity? Sounds dreamy!

I checked out the concert scene there. Laughable. Better shows at the little Belly Up tavern in Solana Beach.

I checked out theatre. Basically community theatre at best

Museums? Basically Indian artifacts

Fully employed? At WalMart and fast food joints

Low cost of living? There is nothing to do there to spend money on except overpriced housing that is heading for a major crash

Great schools? Here is the top rated high school. The others are much worse

https://www.greatschools.org/utah/saint-george/702-Dixie-High-School/

Rapidly expanding 4 year university? It will never be a true research based university of any acclaim. It will train the basic workers you need for schools and healthcare caregivers not physicians but it will never approach the scale of a UC or even CSU school.

Enough with the nebulous claims. You said I only brought snark but I keep bringing up specific examples and you bring empty claims. Bring some actual specific examples for once.

B7…. Bingo!!

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[quote=deadzone][quote=sdrealtor]So here is some data for EP.

My hometown of Cherry Hill NJ has a median HH income of $105K. It has demographics similar to Carlsbad, top rated schools and healthcare. Its an easy one hour drive to lovely Jersey Shore towns. Its an easy 15 minute drive to Philadephia with great jobs, multiple teaching hospitals some of which rank among the best in the country and Ivy League schools nearby. They have professional sports and world class musuems and theatre in Philly. School funding is among the highest in the country. The median home price is $336K.

The median HH income in St George is under $50K. It has none of that. School funding is among the lowest in the country. The only university was recentlya two year associate degree college. No theatre, no international airport, no teaching hospitals, no major industries, no pro sports, no beaches, no culture or diversity. The median home price is $430K.

And you dont think you just bought into one big time bubble that will come crashing down as soon as the economy turns? You have bought into Hemet circa 2005.[/quote]

You make some good points sdr but come on, lay off the guy. He is going there to retire and live out his golden years among like minded people. Don’t think he cares if the RE bubble bursts in St George. If it bursts there it will be due to the everything bubble bursting anyway (obviously it will crush St George far worse than SD or other areas granted).[/quote]

Exactly and I’ll lay off him when he drops the political nonsense. There is no safety net under St George. It is poised to drop big time no matter what happens here. We have some fundamental things going in our favor. He’s got a handful of disgruntled Republicans he’s banking on who will flee at the first sign of trouble

Another anecdote. $2m plus home closed up here recently. Couple of young IG influencers. One has a wealthy father in Texas who picked up the tab.

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So here is some data for EP.

My hometown of Cherry Hill NJ has a median HH income of $105K. It has demographics similar to Carlsbad, top rated schools and healthcare. Its an easy one hour drive to lovely Jersey Shore towns. Its an easy 15 minute drive to Philadephia with great jobs, multiple teaching hospitals some of which rank among the best in the country and Ivy League schools nearby. They have professional sports and world class musuems and theatre in Philly. School funding is among the highest in the country. The median home price is $336K.

The median HH income in St George is under $50K. It has none of that. School funding is among the lowest in the country. The only university was recentlya two year associate degree college. No theatre, no international airport, no teaching hospitals, no major industries, no pro sports, no beaches, no culture or diversity. The median home price is $430K.

And you dont think you just bought into one big time bubble that will come crashing down as soon as the economy turns? You have bought into Hemet circa 2005.

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Today’s anecdote. House up the street in escrow. Buyers doing inspection today. Chatted up their agent. Young family with two kids moving down from L.A. Another from up north. With 12,500,000 people in the L.A. Metro I don’t think they be missed up there. It doesn’t require an onslaught of people moving from up there, just a small steady slow flow which shows no sign of abating any time soon.

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[quote=EconProf]sdr: I bring facts to the table, you bring snark. You need to get out more. Especially regarding future trends affecting RE, not irrelevant comments that denigrate people and RE opportunities that are not in San Diego.

Scaredyclassic: You stated “…if you really believed this is Carter redux, you’d be all in gold…are you? No, you are not.”
Actually, I have $36,000 in gold, since last January. It is down from what I bought it at.[/quote]

I’m taking you to task for denigrating our great state. You chose to leave clearly stated to be with family. You are using that to complain about politics You don’t like. If your family didn’t move there would You have moved there? Of course not! You didn’t go for opportunity, You went to throw a baseball with your grandson.

You bring factless whining not facts. You bring politically slanted opinions. I’ve not seen data from you only nebulous claims.

The irony is you are celebrating economic growth and rapidly rising prices in St George. Won’t that quickly make it unaffordable to the working class? Then what?

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[quote=scaredyclassic][quote=sdrealtor]One of my best friends since childhood is selling his place. Youngest just graduated high school. Moving to Florida. His house would be in your wheelhouse

https://nancyjenkins.com/listing/7921-williston-road-williston-vt-05495/%5B/quote%5D

Gorgeous. Built in 1842![/quote]

Yes its a cool house. He had a great neighborhood bar and grill for years he operated nearby. His dad was a big time builder where we grew up and he did a bunch of the work in restoring it himself. But he’s tired of the cold and his youngest graduated high school and he’ll be off on his own. He wants to get back to a warmer climate near friends and family and he wants to be able to golf a few times a week. He’s been up there over 20 years and is ready for a change

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[quote=XBoxBoy][quote=EconProf]Your history is largely correct, but it does not relate to what I said. [/quote]

Oh yes it does! You said:

[quote=EconProf]
Given recent inflation numbers, this cannot last, as history sadly shows. The parallels between Biden and Fed chairman Powell and President Carter and Fed Chairman Arthur Burns are uncanny. The stagflation that followed those two lasted for years.[/quote]

Which clearly establishes a relationship between Carter and Burns. And clearly implies that Carter and Burns were the cause/precedent that lead to years of stagflation.

Now you want to back track and say you were referring to the economic conditions and policies, not the people. There’s a name for what you’re doing. It’s called gaslighting and I for one am not buying it.[/quote]

Thanks and for lack of a better word. BINGO!

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