Housing prices in San Diego

[HelenWheels]

Just watched a TV show where a bus load of people toured several houses in San Diego. These were really nice houses, some in move-in condition, some needing work. They were priced at the 1995 prices. Some were listed at half their original price. The neighborhoods looked okay, too. Who wouldn't love to live in San Diego?

[BlooInBloo]

1. Good. They were vastly inflated. Thus the term "bubble".

[begin_within]

2. Home prices have fallen 40% in the last 3 years

At least according to the news reports. It's still a very expensive place to live though. Also very crowded. It's a paradise lost, in many ways.

[Tangerine LaBamba]

3. Me

There's a loathesome ex-husband there.

His presence has contaminated the whole area, I heard.

Why do you think the houses are so cheap, hmmmmmm?

[liberal N proud]

4. I would love to live in San Diego, but...

Even at 1995 prices, I still can't afford the housing.

[madaboutharry]

5. The traffic is horrendous.

Not only is the traffic outrageously bad, it is very humid. So people with curly hair should avoid it. But it does have a very nice zoo (although I have some issues with zoos) and the Coronado Del is a beautiful (although haunted) hotel with very overpriced gift shops. It is a nice place to visit, but to tell the truth a vacation was enough for me.

[av8rdave]

6. I'm going to be there next week

Maybe I'll buy a house!

[Bluenorthwest]

7. 1995 prices were extreme

and by no means were those 'original' prices. Nor are the current ones the bottom. People who wouldn't live there include those who dislike traffic, crowds, high crime, pollution, bad schools, earthquakes and wildfires. But the weather is nice. Not mid six for a hovel nice however.

[MindPilot]

8. Mine is still worth well over twice what I paid in 1996.

Did they say what neighborhood?

[HelenWheels]

9. They didn't mention the neighborhood

They were in a bus so went to more than one neighborhood. I based my opinion on the homes' surroundings, upkeep of adjoining houses, traffic near the houses so that is not a very in depth view point.

[Riverman]

10. A Family on Today's Wages Could not Afford to buy Even Now a Home Priced

at 1995 levels! When housing is not traded as a commodity, and for-profit and non-profit builders, design, build and sell "green" homes for families and individuals at today's wages, household sizes, needs and life style we will begin to see the kind of change we can believe in! Saving people from foreclosure, spending public funds to buy up foreclosed homes are not solutions. They are attempts to desperately shovel public funds to prop-up failed banks who hold hundred's of thousands REO foreclosed properties is putting good money after bad. Outrageous!

[GoesTo11]

11. I saw that too. Nice city. Perfect weather.

Just have to find a job there, though.

[Demobrat]

12. When I lived in LA people were always moving to SD

and coming back a year or two later because they couldn't find work.

[marmar]

13. You can have no-water SoCal......the Bay Area rules!

n/t

[frylock]

15. all of your water are belong to us!!1!

:P

[DCBob]

14. 1995 prices are probably about right. This housing bubble was a complete fantasy.

Most homes were valued about double what they should have been.

[Ichingcarpenter]

16. California leads the way not Alabama or Jindalistan- Pay attention folks

even your hatred of this state will not change the trends of what is happening in yours.

We lead the nation.

[HelenWheels]

17. I like CA

and I live in WI but have lots of relatives in CA. There was one very nice house priced at $129,000 and another at $198,000. Pretty comparable to where I live in WI. We never had the housing bubble here. Prices stayed pretty constant.