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[quote author="SoCal78" date=1224230325][quote author="acpme" date=1224223242]



an interesting example is the gardenwalk shopping ctr that just opened near disneyland. it's basically a concrete ghost town.</blockquote>


Not sure about Gardenwalk, but I was at Downtown Disney last Saturday and that place was packed! It was a 3-hour wait at most of the restaurants I checked and the place was crowded. I figured with the downturn, maybe not so much, so I was surprised.</blockquote>


disneyland resorts attendance is down about 15% this yr relative to 2007. saturdays are still always a busy day though. the last two wkends disneyland was closed in the evening for miley cyrus's sweet 16 party so its possible saturday drew some of the crowds that would usually have been spread over the whole weekend.
 
[quote author="SoCal78" date=1224238534][quote author="Anonymous" date=1224231577]Disneyland itself seems way more packed this year than last year. Lines worse this year.

Dunno why, maybe it's American's going back to the cheaper 70's style vacation? (ex. vacation somewhere you can drive to, rather than somewhere you have to fly to?)</blockquote>


I think you've got that exactly right. There is a trend these days of people taking what they call a <a href="http://www.urbandictionary.com/define.php?term=staycation">"staycation".</a></blockquote>
Isn't staycation mean vacation in your back yard? Not even disneyland.



Also people are hoarding cash because the future is uncertain. I'm so glad I did not buy anyhouse in the last 5 years. Somehow the bail out did not seem to help a lot of people. Some people at work, who bought a house within the last 5 years, have told me that they will walk when their mortgage payment jumps next year. They did not qualify under the bail out terms for a good fix rate payment. If this happens to a lot of people, house prices will have to go down more.
 
[quote author="WestparkRenter" date=1224279398][quote author="SoCal78" date=1224238534][quote author="Anonymous" date=1224231577]Disneyland itself seems way more packed this year than last year. Lines worse this year.

Dunno why, maybe it's American's going back to the cheaper 70's style vacation? (ex. vacation somewhere you can drive to, rather than somewhere you have to fly to?)</blockquote>


I think you've got that exactly right. There is a trend these days of people taking what they call a <a href="http://www.urbandictionary.com/define.php?term=staycation">"staycation".</a></blockquote>
Isn't staycation mean vacation in your back yard? Not even disneyland.



Also people are hoarding cash because the future is uncertain. I'm so glad I did not buy anyhouse in the last 5 years. Somehow the bail out did not seem to help a lot of people. Some people at work, who bought a house within the last 5 years, have told me that they will walk when their mortgage payment jumps next year. They did not qualify under the bail out terms for a good fix rate payment. If this happens to a lot of people, house prices will have to go down more.</blockquote>


Try "<a href="http://www.urbandictionary.com/define.php?term=daycation">daycation</a>" LOL
 
[quote author="SoCal78" date=1224230325][quote author="acpme" date=1224223242]



an interesting example is the gardenwalk shopping ctr that just opened near disneyland. it's basically a concrete ghost town.</blockquote>


Not sure about Gardenwalk, but I was at Downtown Disney last Saturday and that place was packed! It was a 3-hour wait at most of the restaurants I checked and the place was crowded. I figured with the downturn, maybe not so much, so I was surprised.</blockquote>


You are both right. Acpme was referring to the empty retail stores and you were waiting in line near PF Chang and the outdoor bars at the front of Garden Walk. The front is busy and the rear is dead. The hotels as anchors will give reasons for people to walk to the back and experience the buried retail stores that do not have the privilege of Katella Ave signage. Did you walk to the back or just stayed near the front. There were a lot of people eating and drinking but no one was carrying a shopping bag. The theater is not a well known chain and its PR is very weak. So one knows its existence and I can't not find it in the newspaper listings. Normally the theater is a big draw.
 
We were there last Saturday in the retail area and it was really dead. Those stores are not popular ones that we can see in other malls. At least I cannot find the stores that I frequently visit like J. Crew or Banana Republic. They are not boutique style of stores either that have special appealing. I doubt that this Gardenwalk is going to be any success.
 
[quote author="bkshopr" date=1224305807][quote author="SoCal78" date=1224230325][quote author="acpme" date=1224223242]



an interesting example is the gardenwalk shopping ctr that just opened near disneyland. it's basically a concrete ghost town.</blockquote>


Not sure about Gardenwalk, but I was at Downtown Disney last Saturday and that place was packed! It was a 3-hour wait at most of the restaurants I checked and the place was crowded. I figured with the downturn, maybe not so much, so I was surprised.</blockquote>


You are both right. Acpme was referring to the empty retail stores and you were waiting in line near PF Chang and the outdoor bars at the front of Garden Walk. The front is busy and the rear is dead. The hotels as anchors will give reasons for people to walk to the back and experience the buried retail stores that do not have the privilege of Katella Ave signage. Did you walk to the back or just stayed near the front. There were a lot of people eating and drinking but no one was carrying a shopping bag. The theater is not a well known chain and its PR is very weak. So one knows its existence and I can't not find it in the newspaper listings. Normally the theater is a big draw.</blockquote>


I only went to Downtown Disney (the strip behind CA Adventure that has Rainforest Cafe, House of Blues, shops, etc) and didn't visit Gardenwalk.
 
I am waiting for my models to tell me that buying a home would mean something other than losing a quarter million dollars in the first two years on a $1 million house.



Right now, I show a good chance of doing exactly that. You can pay the entire cost of raising a child for $250k. Think of buying now as being stupid enough to give up your first born, or your next child. Think of buying now as having to work longer and have a more modest retirement. Think of the penalty for buying now being $1250 a month for 30 years. Even if you buy a house at $500k, do you feel good about paying $600+ more aftertax each month just because you were impatient?
 
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