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The-Shoveler
ParticipantThe true bill has not come due yet.
ParticipantMeh USA (SoCal) is not China (maybe NYC comes a little close).
Anyway If I want to go to a nice shopping Mall etc.. (maybe once every 6 months or something), I jump in my car and go to the mall.
Then I go to Costco fill the car up with stuff and drive home and park in my three car garage (I don’t need to live at the mall).
ParticipantPioneer Blvd, Artesia
Maybe we are talking the same place or maybe not
just off the 91 heading back to the 15 (easiest fastest way back for us).
ParticipantBig Box stores sure, a few restaurants in the right locations, a few auto-parts stores, supper markets etc..
Touristy type shops in touristy places.
I am seeing more and more empty strip malls even within big city locations (in LA even).
Our favorite restaurant (that would be open until midnight) in a strip mall near LAX was closed down when we went there last month. Made me sad a little as it was convenient to grab something nice to eat coming home late from LAX. The whole mall was about 2/3 empty and it was next to a ranch-99.
Participant[quote=Myriad]http://fortune.com/2016/03/28/millennials-leaving-cities/
I’m interested in seeing what happens in cities as millennials age and before Gen Z population peaks.[/quote]
IMO I see this whole trend of building residential condos above retail shop space a big waste doomed to be the future empty strip mall of the future (except in a “very” few locations) it would need to be on the Main street in a touristy type place, anything a block away or too far away from the main attraction is doomed to failure IMO).
Anyway the amount of this type of housing that can realistically be successful over the long term is vanishingly small and statistically insignificant IMO.
ParticipantWell seriously I wish him well.
“not cede any market to the Chinese” I think this is the whole Idea LOL.
Anyway I do think we will get a deal at some point.
But at any point you feel China (or anywhere else) is better that the USA, Please Please Leave, I don’t think anyone will stop you.
ParticipantThe thing with price drops is it comes with “BAD” economic news etc….
It takes guts to pull the trigger when the sky is falling.
Just my two cents.
ParticipantGood Let us know if you need help packing.
You obviously think there in “NO” future here so please,
Take your money and move to Nigeria, sounds like you think it is an up and coming place so good for you, please leave the USA.Check in, let us know how good you have it once a year or so.
ParticipantReally? Please, Feel free to move there ASAP.
ParticipantExperienced First hand.
ParticipantThey buy RE (not just condo’s) because keeping RMB (yuan) in the bank is a value losing game.
They are experiencing inflation like it is the late 70’s (usa).
If they can get the money out, they buy Europe or USA RE.
That should tell you something.
ParticipantMy mothers condo is in a suburb of LA “Valencia” (very much like Temecula only without the casino).
It is walking distance to shopping and a decent sushi as well as a good Mexican restaurant.
Yet very quiet.
Anyway a good place for her, me I am not ready for that (maybe 20-30 years).
I like where I am, 15 minutes to town and no one bothers me LOL.
And on clear nights I can see the milky way, I think most live in cities and suburbs, once you get about 10 miles away from the towns the sky comes alive.
Participant“mixing residential and commercial”
(Condo above commercial building).
Personally I think these are tomorrows strip malls.
I guess it would work for young singles and maybe some childless couples.
Participant“pretty much covering the entire nation is asphalt and light.”
Not really take a flight up the west coast (even that is almost empty).
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