[The-Shoveler]

If you look at Temecula from a industrial growth perspective it looks very impressive IMO.

If you looked on the west side where the industrial park is.

If you took a picture 10 years ago and then took one today, you would probably think it would have seemed impossible to grow that fast IMO.

Still has a long way to go.

[The-Shoveler]

Development and industry is growing a lot faster in NCSD than most think it is (probably a lot faster than most want it to really).

Just an example of things just getting started in NCSD.

http://carlsbadlifeinaction.com/work/key-industries/technology/

Like it or not there are already several large new developments approved along the 15 through NC that will just about merge NCSD and TV to SCSD.

IMO even OceanSide will be completely remade (gentrified) within 10-15 years.

[The-Shoveler]

[quote=AN][quote=The-Shoveler]IMO Temecula (and TV in general) are an extension of North county SD.

North county SD is just getting started and will see steady growth for a long time to come IMO.[/quote]
As SoCal grow, I think TV will benefit a lot. TV is about 50 miles from Sorrento Valley tech jobs but they’re also about 60 miles to Anaheim as well. Since SD county is pretty much built out, as SoCal grow, people who don’t mind commute will start to consider TV and as TV grow, more companies will consider opening up office there too. The growth will be driven by both SD and OC, IMHO.[/quote]

These days you also have a lot of startups setting up shop (also smaller establish company offices) in Carlsbad and even Corona/Chino hills. Those are an easy commute from TV.

North County SD in general is still just getting started so there is a lot of growth in the general area still to come.

[The-Shoveler]

IMO Temecula (and TV in general) are an extension of North county SD.

North county SD is just getting started and will see steady growth for a long time to come IMO.

[The-Shoveler]

[quote=bearishgurl]
As the earlier article linked here stated, I DO believe that from here on out, LA area millenials who want to buy an affordable newer house for their families and who can find well-paying employment in eastern OC financial centers will end up flocking to SanBern County (possibly Rancho Cucamonga and Fontana but not much further). However, the leader of the City of San Bern are still duking it out and mired with issues, almost all relating to their 2013 BK filing.
[/quote]

These people are also pushing Corona into Lake Elsinore.

Eventually SD and OC/LA spillover development will meet in Lake Elsinore.

(Temecula as well as Corona are becoming more and more Job centers of their own BTW).

[The-Shoveler]

Its a gamble at best right now IMO, good luck.

I would not count on not paying more if you want to buy back, If you just want to be done, maybe not a bad time.

[The-Shoveler]

Glendale, Pasadena. are suburbs but maybe not exurbs.

Pasadena and San Marino, Arcadia etc.. are where a lot of the money from Asia is going(kind of an Old money place).

Not sure there is a lot of appreciation going forward in those area’s percent wise.

the others are parts of L.A.

If you think SD has no land , LA really has no land LOL

Housing is pushing further and further out (Job’s and industry are following).

SD seems a lot more centralized currently, IMO that will change.

[The-Shoveler]

One of the things I like about SD is it has future potential.

its only a matter of time.

IMO places like Carlsbad will become major Job centers down the road.

[The-Shoveler]

With the exception of maybe westwood or Beverly, or maybe some places right on the coast, Moorpark is much more expensive,

200sqf SFH home will cost you north of a million, or maybe with stucco view around a million.

OK maybe some parts of Encino will run you more.

[The-Shoveler]

Cost of renting, moving, (Most people have Kids) so there are schools etc….

That is a lot of work and selling there are bound to be a lot more expenses than just the closing costs.

But If you live out of a suitcase and have no kids/family sure go for it LOL.

[The-Shoveler]

Going out of John Wayne is about twice as expensive as LAX for flights to San Jose (I know I have done and priced both for the same day/time) (try going to Hawaii LOL.., international flights, LAX is the way to go “I drive there from SD because it is so much cheaper).

The Exurb’s are considered the exclusive area’s in L.A. with the exception of a few really high cost area’s near the city.

Most people would much rather live in say Moor park than anywhere near the main city (as an example).

[The-Shoveler]

Selling and buying back incurs a lot of expenses.

IMO You really need to get 30% or greater decline to make it worth it (again IMO).

That is also IMO very very unlikely (what happened before was a once in a lifetime).

But if it does, it sure seems they are about to start the sub-prime finance machine again (if this does turn out like the other run-up it could go a few more years).

[The-Shoveler]

There are two things nice about living in L.A. IMO.

1) You can live and work in a exurb and never go into the City (and still work for one of the largest well paying corporations in the world or a hot start-up).
This is a lot harder for the moment in and around SD.

2) flights out of LAX are much much cheaper (and a lot more non-stops).

Also buying or fixing a Car seems a lot less expensive in L.A. as well.

But I still like living in SD over L.A. .

[The-Shoveler]

[quote=AN][quote=FlyerInHi]AN and livin, you guys are correct in that there will be an adjustment.

But consider that the ratio of housing cost to income in San Diego has been increasing as compared to the rest of the country. In that way, it will never return to “the norm” in our lifetimes.

Certain glamour/rising/desirable cities do cost more over time.[/quote]What’s normal changes. I don’t expect us to ever be back to SD of the 70s anymore. When compare to many other places around the world, I feel like SD is still quite cheap relative to income.[/quote]

That’s the thing I think is hardest to understand or except for most SoCal natives,

SoCal is becoming more and more an international housing market, and in that market, we are in the bargain ben.

[The-Shoveler]

That is the dichotomy of the Fed LOL

They want wage growth, but they don’t want enough wage growth. LOL

they should just come out and say, we want everyone to make 20% more money so they can pay their existing debts.

But that would be too obvious LOL,

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