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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Tenchusatsu who wrote (264286)	12/12/2005 2:47:16 PM
From: TigerPaw	Respond to of 1578542

In Central Texas only apartments are less than about 2000 ft2. Coastal communities cannot continue to sprawl like the city does here. Eventually the city runs into the ocean and can only sprawl in one direction, therefore distances to travel grow at twice the rate unless lot sizes become smaller. TP

To: Tenchusatsu who wrote (264286)	12/12/2005 2:55:19 PM
From: tejek	Read Replies (1) \| Respond to of 1578542

Ted, That's because you live in S. CA. and you think the whole country is in a bubble. It is not. I tried to tell MacMannis that and guess what.......he disappeared. Jim is a much bigger expert on the subject than you or I. He is? Why is that? I already realize that Orange County might be more expensive than most other areas, but not that much different from other popular metropolitan areas. CNN brought up Chevy Chase, MD, which I'm certain is also a very prime real estate location because of its proximity to D.C. It's even "inside the Beltway," which these days isn't exactly accessible to the average homebuyer. OC, SD and SFO are in a class of their own. As of 6/30/2005, OC's median income was nearly $700K, SD's was $605K and SFO's was $726K. DC was at $429K and Baltimore at $377K. The only metro area that gets close to you guys is Honolulu which clocks in at $577K. And do you know what the median price for the nation was as of 6/30.........$208K? Do you see how big the gap is between the OC and the rest of the country? Homes have become much larger in the past 30 years. Sure doesn't feel like it for me. My home right now is much smaller than the "average" 2,400 ft2 home, and it was built in 1997. Not only that, but most of the newly built homes I see around here are below 2,400 ft2. If there are new mansions that are being built near here, I'd sure like to see them, if only to laugh at what the asking price is. That's because you live in the OC. Why does Aaron Spelling or Bill Gate have to have a 30-50,000 sq. ft house? Its ridiculous. Modern-day palaces. Maybe those are the homes that are bumping up the average. Just a thought. Nope. That kind of excess only happens in certain metro areas.....mostly on the West Coast. ted