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Why Orange County homes cost triple the national norm


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2017 Mar 28, 10:12am   1,603 views  3 comments

by beershrine   ➕follow (0)   💰tip   ignore  

Lanser has this one right in the OC

http://www.ocregister.com/articles/orange-747530-new-home.html

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1   Shaman   2017 Mar 28, 10:48am  

He has some good points that's for sure. Add to that the foreigner home buyers, the real estate speculators, the flippers, and the REITs with the sweetheart deals they got to snap up thousands of homes at once to rent out to people in hopes of generating a revenue stream... and we have our situation.
Let's just say that even though prices have rebounded to their 2007 highs, I felt comfortable buying a few months ago.
In my area there will be no new construction. There just isn't room!

2   Tenpoundbass   2017 Mar 28, 11:37am  

Liberal Privilege.

3   MassiveFace   2017 Mar 28, 11:42am  

Weather. It's all about the weather.

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