Laguna Altura is HOT!

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The only measuring stick for a community should be money. 
Money is pure. 
It doesn't care about walk ability, good schools, or closeness to the beach.  It adds all that crap up and gives it a number.

If Laguna Altura's price has increased more than other areas, then it is better than other areas. 

 
zubs said:
The only measuring stick for a community should be money. 
Money is pure. 
It doesn't care about walk ability, good schools, or closeness to the beach.  It adds all that crap up and gives it a number.

If Laguna Altura's price has increased more than other areas, then it is better than other areas. 
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Tough to argue with that logic
 
thatOSguy said:
zubs said:
The only measuring stick for a community should be money. 
Money is pure. 
It doesn't care about walk ability, good schools, or closeness to the beach.  It adds all that crap up and gives it a number.

If Laguna Altura's price has increased more than other areas, then it is better than other areas.
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So Culver City and Santa Monica are "better than" Irvine?
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Yep.
 
thatOSguy said:
qwerty said:
zubs said:
The only measuring stick for a community should be money. 
Money is pure. 
It doesn't care about walk ability, good schools, or closeness to the beach.  It adds all that crap up and gives it a number.

If Laguna Altura's price has increased more than other areas, then it is better than other areas. 
Click to expand...

Tough to argue with that logic
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I'll bite. When you have a finite resource of something it drives the price up. There are only so many newer homes in the Laguna Altura area, and FCBs clearly went/are going gaga over the product. I share about as much in common with FCBs as I do with Culver City buyers. Demand outstrips supply, price goes up. "Better than?" Hardly. More like "fewer than."
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I disagree. Houses are a commodity and the price of the house reflects it's desirability. If Northpark was more desirable it would cost more than Laguna altura. All of the villages in irvine have a limited supply relative to the demand of folks who want to live in irvine.
 
thatOSguy said:
zubs said:
The only measuring stick for a community should be money. 
Money is pure. 
It doesn't care about walk ability, good schools, or closeness to the beach.  It adds all that crap up and gives it a number.

If Laguna Altura's price has increased more than other areas, then it is better than other areas.
Click to expand...

So Culver City and Santa Monica are "better than" Irvine?
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I don't know about culver city.  If you can't afford Brentwood, Westwood, Santa Monica, marina del rey, west la - Culver city is the last option. (In that order - give and take)

Culver city is next to Inglewood.

 
On the way home right now after getting takeout for the wife and drove by Columbia grove, not many of those homes, newer village of more traditional homes (driveways on pretty decent size lots) yet they sell for less that  new homes in stonegate, cypress village etc
 
The notion of your home is a investment then you will never invest your life permanently in a temporary money transaction home. No one is interested in the emotional investment of an awesome neighborhood when turnover is frequent. What ever happened to the real grandma neighborhood?
 
thatOSguy said:
qwerty said:
On the way home right now after getting takeout for the wife and drove by Columbia grove, not many of those homes, newer village of more traditional homes (driveways on pretty decent size lots) yet they sell for less that  new homes in stonegate, cypress village etc
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Fewer buyers want to live in Grove. Like Tab soda. Cheaper, less of it.
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i think columbus grove actually looks better than most irvine villages - kind of like pavillion park southwest, nothing wrong with the village itself. suffers from the similar stigma as portola springs except much better location.
 
thatOSguy said:
So in your mind, if Laguna Altura had double or triple the homes it has today, pricing would be the same, higher or lower with that increased supply?
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applying your logic, new home communities such as pavillion park should decrease in price in each phase?  if they built more homes at LA, assuming there was more land, the prices would increase in each phase, just the same way it will happen at orchard hills, the remaining homes at pavillion park, etc.
 
and just wait till the toll bros homes get built at hidden canyon, it will probably drive up the value of LA even more. Hidden Canyon is going to be much higher end than orchard hills. Homer should buy 5 homes in the first phase of hidden canyon.
 
Test, haven't you learned by now. Negative adjacencies are actually premium. Dumps, toxic land, freeway pollution, business parks, jails contribute to price hike.
 
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