America's Best Places to Live 2008

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America's Best Places to Live 2008

Monday, July 14, 2008

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No. 4: Irvine, Calif.



Courtesy: City of Irvine



Population: 194,000



Miles from Los Angeles: 36



Green space: One-third of the city



Sunny days per year: 280



Pros: Topnotch schools, great weather, lots of green space



Con: High home prices



Long before developers embraced the idea of mixed-use communities where residents could live, work and play, there was Irvine. Born in the 1960s, when the University of California commissioned architect William Pereira to design a new campus and town, ?it was one of the first of the large planned communities that offered residents more than just a house and a yard,? says Jerold Kayden, a professor of urban planning and design at Harvard University.



Today, Irvine?s population hovers around 200,000, yet it feels much smaller thanks to its tight-knit neighborhoods and more than 16,000 acres of green space. From their house here, Megan and Brent Gess and their daughters, Emily, 10, Natalie, 7, and Lily, 4, can walk to six different parks. ?Most neighborhoods have their own pools, swim teams and recreation programs,? says Megan, 34, a mergers-and-acquisitions attorney. ?It makes for very close communities.?



Families say Irvine is pretty close to perfect. The school district has won national recognition, and not just because of stellar test scores. Innovative curriculums, year-round schedules and open-style classrooms all win kudos. ?Education is a high priority here,? says Brent, 37, an intellectual-property attorney. ?We?re surrounded by a lot of very smart people??in part because the university is the city?s largest employer. Some two dozen international companies, from Gateway to St. John?s Knits, also call Irvine home.



One drawback?and it?s a big one?is the cost of housing. While median prices have fallen nearly 19% since the 2006 market peak, a typical three-bedroom, two-bath house still runs about $700,000, says Cesi Pagano, a realtor with Keller Williams Realty. But prices in Irvine have held up better than those elsewhere in Orange County, and foreclosures aren?t nearly as widespread.
 
[quote author="Anon." date=1216078169]Oh my god. Do Megan and/or Brent Gess work for TIC?



Irvine sounds more and more like Stepford all the time.</blockquote>


Megan does not. As for Brent, he is not registered with the State Bar (could be in house and got his license elsewhere).
 
<a href="http://money.cnn.com/magazines/moneymag/bplive/2008/top100/index.html">http://money.cnn.com/magazines/moneymag/bplive/2008/top100/index.html</a>



on this list i noticed that the median household income in irvine of $108k (that seems high, but lets go with it) translates to $63k of purchasing power. basically we get 58% value out of our earnings.



none of the other top 10 best places to live have such a dramatic spread between income and purchasing power -- in fact many of them have positive spreads. to me it really debunks the whole notion of our high cost of living being justified.



that was depressing...
 
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