jamboreedude said:frank69m said:With Laguna Altera not really selling, the economy sputtering along, does TIC really think there is demand for this? Who the hell are the economists that work for TIC anyways?
Don't forget the 5000 homes in the Park (not TIC), but still lots of building. I've never seen another company react opposite to what economic indicators is telling them. This all tells me we are in a for a big bubble burst and a reality check for TIC in the coming years.
You were wrong! Rents are actually up and demand is going on strong for rentals in Irvine.
The TIC company has foresight unlike most of us. It's no wonder the owner is a billionaire and continues to get richer everytime he starts a new project!
Read today's article at the OC Register to back this up:
O.C. rents jump, new complexes follow http://www.ocregister.com/articles/percent-359275-year-apartment.html
Umm...you're arguing against a post from 9 months ago.