High Gravity_IHB
New member
[quote author="bkshopr" date=1244861102][quote author="High Gravity" date=1244860103][quote author="bkshopr" date=1244857599][quote author="High Gravity" date=1244848800][quote author="bkshopr" date=1244806189]
Irvine will always be very attractive. Homes are excellent investment. Seniors represent a very small segment of Irvine's population because homes were never intended to target this aging demographic. The lack of single story homes is a primary reason. Many families lived in Irvine only for the duration of sending their kids to public schools and sold their homes in pursuit of their real dream home by cashing in their place.
Irvine for years have been an equity spring board for families to moving up to the "ridge", "coast" or "canyon". The post bubble years will dampen the elasticity of the platform and render less upward mobility. We will see older folks staying put in Irvine and the homes with a larger bedroom down stairs with a full bath would be worth higher in value ratio.
The importance of low maintenance gardening space is crucial for this aging population. In the last decade Many Asians bought homes and Asian businesses expanded greatly. Caucasians are also appreciating the unique Asian food culture in Irvine and accepting it with open arm that led to even greater success. The aging Asian population is here to stay which is another un-chartered future home market.</blockquote>
I already know where I will live after my kid graduates from HS and it is not in Irvine. However, that does not in any way diminish my appreciation for living in Irvine now. I know what you mean about Irvine springboards, all the houses I have bought in the last few years throughout So Cal, including a very expensive one during the bubble (not in Irvine), the down payments for them can be directly traced back to a little Cal Pac detached condo (thanks BK) I bought in 2000.</blockquote>
Wisteria, Aldea, or San Simeon?</blockquote>
Originally Wisteria, then after 2 yrs, followed friend and car pool companion over to San Simeon for 2 yrs, then followed girlfriend (now mrs.) to west LA.</blockquote> Where in West LA. Mrs BK and I love the AMC at Century City. We only watch movies there.</blockquote>
Culver City. My favorite movie theatre in LA is the Fox theatres in Westwood (part of Mann chain) especially if attending a free premiere. Downside is lots of homeless in Westwood at night, fine if I'm alone but mrs gets nervous when there are homeless around.
Irvine will always be very attractive. Homes are excellent investment. Seniors represent a very small segment of Irvine's population because homes were never intended to target this aging demographic. The lack of single story homes is a primary reason. Many families lived in Irvine only for the duration of sending their kids to public schools and sold their homes in pursuit of their real dream home by cashing in their place.
Irvine for years have been an equity spring board for families to moving up to the "ridge", "coast" or "canyon". The post bubble years will dampen the elasticity of the platform and render less upward mobility. We will see older folks staying put in Irvine and the homes with a larger bedroom down stairs with a full bath would be worth higher in value ratio.
The importance of low maintenance gardening space is crucial for this aging population. In the last decade Many Asians bought homes and Asian businesses expanded greatly. Caucasians are also appreciating the unique Asian food culture in Irvine and accepting it with open arm that led to even greater success. The aging Asian population is here to stay which is another un-chartered future home market.</blockquote>
I already know where I will live after my kid graduates from HS and it is not in Irvine. However, that does not in any way diminish my appreciation for living in Irvine now. I know what you mean about Irvine springboards, all the houses I have bought in the last few years throughout So Cal, including a very expensive one during the bubble (not in Irvine), the down payments for them can be directly traced back to a little Cal Pac detached condo (thanks BK) I bought in 2000.</blockquote>
Wisteria, Aldea, or San Simeon?</blockquote>
Originally Wisteria, then after 2 yrs, followed friend and car pool companion over to San Simeon for 2 yrs, then followed girlfriend (now mrs.) to west LA.</blockquote> Where in West LA. Mrs BK and I love the AMC at Century City. We only watch movies there.</blockquote>
Culver City. My favorite movie theatre in LA is the Fox theatres in Westwood (part of Mann chain) especially if attending a free premiere. Downside is lots of homeless in Westwood at night, fine if I'm alone but mrs gets nervous when there are homeless around.