Irvine 7th highest median income in US??

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[quote author="ipoplaya" date=1219978544]

Except prices aren't falling now bigmoney... In Irvine, prices have been fairly level for six months. Look at the Irvine inventory graph. Less than 800 listed units. Inventory equivalent to January of 2007. 790 units listed with perhaps 100-200 in escrow, you think that will make prices fall?



I have been contending for many months now that our months inventory in Irvine has come down enough that price declines are minimal. The data I have been collecting sure seems to back that up. Prices in Irvine may fall, will fall, had better fall, but they haven't been lately.</blockquote>


I feel you man. Prices might not fall steadily or quickly, and it's frustrating. At any given time amidst the overall declining market you can pick out areas where there is no measurable decline. Look, in 2005 I'm sure inventory was much lower and sales much higher than right now. But I was sure of impending massive price declines then, because the evidence was just that overwhelming no matter what had happened in the recent past.
 
[quote author="norcaljeff" date=1220009895]I call BS. That number is awfully high and the jobs just don't support that. If you want to debate that, we can agree that back with the realtors, mortgage brokers, appraisers, lenders, title officers, etc all were making $10k-$20k/month, those days are over so that $99k number is way over inflated. Inflated directly by the inflated home prices.</blockquote>


Well, if Sactojeff calls BS, so it must be. Sactojeff, could you please enlighten us to what our median income should be, given your detailed analysis of local economy?
 
[quote author="PANDA" date=1220004379]

CK and IPO,



Is there something about Aliso Viejo that your wives know that my wife doesn't know? Your wives seem to make Aliso Viejo sound like the Inland Empire. Outside that fact that there is not one Asian Grocery Store in this White Bread City, I would totally choose Aliso Viejo over the Irvine Inland Empire (Portola Springs, Northwood, and Woodbury) any day.



Panda</blockquote>


The lack of diversity is a real negative with my wife. In addition, she is also very set on our daughter taking after school classes at the ginormous Irvine Chinese School behind Trabuco Plaza. That school picks up from most Irvine Elementary schools, but I doubt their bus driver could find AV on a map.



You should look at Westpark, Panda. The new Diamond Jamboree center opening in September is going to be a dream for anyone who loves Asian food. Although it would be a little bit of a stroll, you could walk to it from most of Westpark....which would be a big plus, because parking is going to be awful there.
 
[quote author="CK" date=1220012560][quote author="norcaljeff" date=1220009895]I call BS. That number is awfully high and the jobs just don't support that. If you want to debate that, we can agree that back with the realtors, mortgage brokers, appraisers, lenders, title officers, etc all were making $10k-$20k/month, those days are over so that $99k number is way over inflated. Inflated directly by the inflated home prices.</blockquote>


Well, if Sactojeff calls BS, so it must be. Sactojeff, could you please enlighten us to what our median income should be, given your detailed analysis of local economy?</blockquote>


1. City of Irvine who has a vested interest in having a high numbers list the official number at $85K. That includes everyone in the household and is 15% lower than what was claimed.

2. 40% of the top employers are real estate related and as I stated previously, many of those folks are without jobs now, or lower paying jobs, or have left the market, thus, econ 101 states that number would come down.

3. Realtors and other ICs working from home aren't represented in that number and those figures have drasticly been reduced. If you are in doubt, go find the closet realtor/mortgage broker/title worker and as what their 2007 v. 2008 incomes look like.



Anything else CK?
 
[quote author="CK" date=1220013447][quote author="PANDA" date=1220004379]

CK and IPO,



Is there something about Aliso Viejo that your wives know that my wife doesn't know? Your wives seem to make Aliso Viejo sound like the Inland Empire. Outside that fact that there is not one Asian Grocery Store in this White Bread City, I would totally choose Aliso Viejo over the Irvine Inland Empire (Portola Springs, Northwood, and Woodbury) any day.



Panda</blockquote>


The lack of diversity is a real negative with my wife. In addition, she is also very set on our daughter taking after school classes at the ginormous Irvine Chinese School behind Trabuco Plaza. That school picks up from most Irvine Elementary schools, but I doubt their bus driver could find AV on a map.



You should look at Westpark, Panda. The new Diamond Jamboree center opening in September is going to be a dream for anyone who loves Asian food. Although it would be a little bit of a stroll, you could walk to it from most of Westpark....which would be a big plus, because parking is going to be awful there.</blockquote>


Good racist comments. Maybe you ought to look into moving to Detroit or Birmingham.
 
[quote author="norcaljeff" date=1220013871]



Good racist comments. Maybe you ought to look into moving to Detroit or Birmingham.</blockquote>


WTF are you talking about? Your analysis of the english language is as astute as your knowledge of the local economy. I said the LACK OF diversity is Aliso is why we prefer to stay in MORE diverse Irvine.
 
[quote author="norcaljeff" date=1220013736][quote author="CK" date=1220012560][quote author="norcaljeff" date=1220009895]I call BS. That number is awfully high and the jobs just don't support that. If you want to debate that, we can agree that back with the realtors, mortgage brokers, appraisers, lenders, title officers, etc all were making $10k-$20k/month, those days are over so that $99k number is way over inflated. Inflated directly by the inflated home prices.</blockquote>


Well, if Sactojeff calls BS, so it must be. Sactojeff, could you please enlighten us to what our median income should be, given your detailed analysis of local economy?</blockquote>


1. City of Irvine who has a vested interest in having a high numbers list the official number at $85K. That includes everyone in the household and is 15% lower than what was claimed.

2. 40% of the top employers are real estate related and as I stated previously, many of those folks are without jobs now, or lower paying jobs, or have left the market, thus, econ 101 states that number would come down.

3. Realtors and other ICs working from home aren't represented in that number and those figures have drasticly been reduced. If you are in doubt, go find the closet realtor/mortgage broker/title worker and as what their 2007 v. 2008 incomes look like.



Anything else CK?</blockquote>


Are you in politics up there in Sacto, Jeff? You gave a long answer, but not to my question...you sound like a politician. Your racism card pulling makes you sound even more like an idiot politician these days.



My question was "What should the Irvine median income be?" if not what the Census number is. We've heard before your reasons WHY you think the number CAN'T be what it is, so I want to know what YOUR number is-- given your extensive research on this subject. And please don't say $85k. The City of Irvine website has said $85k for two years --- they just have not gotten around to updating it yet. The Census report just came out on Tuesday.
 
[quote author="norcaljeff" date=1220013871][quote author="CK" date=1220013447][quote author="PANDA" date=1220004379]

CK and IPO,



Is there something about Aliso Viejo that your wives know that my wife doesn't know? Your wives seem to make Aliso Viejo sound like the Inland Empire. Outside that fact that there is not one Asian Grocery Store in this White Bread City, I would totally choose Aliso Viejo over the Irvine Inland Empire (Portola Springs, Northwood, and Woodbury) any day.



Panda</blockquote>


The lack of diversity is a real negative with my wife. In addition, she is also very set on our daughter taking after school classes at the ginormous Irvine Chinese School behind Trabuco Plaza. That school picks up from most Irvine Elementary schools, but I doubt their bus driver could find AV on a map.



You should look at Westpark, Panda. The new Diamond Jamboree center opening in September is going to be a dream for anyone who loves Asian food. Although it would be a little bit of a stroll, you could walk to it from most of Westpark....which would be a big plus, because parking is going to be awful there.</blockquote>


Good racist comments. Maybe you ought to look into moving to Detroit or Birmingham.</blockquote>


I really don't see how his comments are racist. Are you reading something I'm not?
 
There's too many darn chinese in my neighborhood... There Norcal, that was a racist comment. Then again, I am part chinese, so is it really?



I wouldn't mind AV, with a little more english spoken, and more social people on the culdesac. The school district stinks though.
 
[quote author="Bubblegum" date=1220051982]Jeff may be referring to Panda's post referring to "white bread city".</blockquote>


True, but then he should have quoted Panda and not CK.



If he was quoting Panda, he should know that Panda is a little ignorant about his racial comments in his posts and that Panda really doesn't mean any harm from them. I guess ignorance is bliss... or is it ... ignorance is no excuse?
 
[quote author="graphrix" date=1219921068]Remember everyone, the census data is survey based data people fill out and send back, and if people are willing to lie on their loan apps then they are certainly willing to lie to the census bureau.



The median rent in Irvine is $1713.</blockquote>


Good point, graphix. I hadn't really considered it but I suppose asking someone how much they make is a bit like asking a guy how many lovers he's had.
 
<blockquote>The school district stinks though</blockquote>


Stink? as in what? Greatschools.net rate Aliso Viejo a 9 and Irvine a 10 while Santa Ana is a 4. Please let's not glorify Irvine school district.



Pros: Irvine is a great central location, safe, has reasonably good school district, and is near a top 50 Universities.

Cons: Expensive, houses are small with small yard, lots of car park on the street.
 
[quote author="Bubblegum" date=1220051982]Jeff may be referring to Panda's post referring to "white bread city".</blockquote>


Now I'm fired up. My BBQ isn't the same since Interstate went out of busness and we lost distribution of Wonder Bread.



White bread sucks but for brisket it pwns because it soaks up all the sauce.
 
[quote author="WestparkRenter" date=1220059461]<blockquote>The school district stinks though</blockquote>


Stink? as in what? Greatschools.net rate Aliso Viejo a 9 and Irvine a 10 while Santa Ana is a 3. Please let's not glorify Irvine school district.



Pros: Irvine is a great central location, safe, has reasonably good school district, and is near a top 50 Universities.

Cons: Expensive, houses are small with small yard, lots of car park on the street.</blockquote>


Stinks, as in has a great many problems at the top. Ever heard of James Fleming or Susan McGill? Do you realize that the Capo district just had two of its corrupt trustees recalled in a special election? They have had issues with funds misappropriation and gross fiscal mismanagment for years...
 
Yes, I've heard of the problem but while I think there is a problem with management I don't think it stinks as in the Santa Ana school district. FYI, I used to live in SJC school district.
 
[quote author="WestparkRenter" date=1220068515]Yes, I've heard of the problem but while I think there is a problem with management I don't think it stinks as in the Santa Ana school district. FYI, I used to live in SJC school district.</blockquote>


What does the Santa Ana school district have to do with living in AV vs. Irvine?! San Bernardino Unified is pretty bad too but it has nothing to do with AV and Irvine...
 
[quote author="Trooper" date=1219930173]<img src="http://images.icanhascheezburger.com/completestore/2008/8/27/okokipro128643785331189264.jpg" alt="" /></blockquote>


"What the Heck??? I still have one more question left for this week."



Sorry, Jeff I am the one who made the White Bread City Joke regarding Aliso Viejo. CK is completely innocent, I am the one you should be going after. Move to Detroit or Birmingham...?? Yuck!!! Why live there when you can live in the two BEST CITIES in the world : Aliso Viejo and Irvine.



OK. It is time for Panda to run.....
 
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