HMart said:
sleepy5136 said:
Most of Irvine is very dense to begin with so I don?t know if it will impact Irvine as much.
Irvine needs to get denser in order to supply the ravenous demand for housing here. As an employer, I want to see dramatically more housing stock so that my entry-level team members can live. While $1m median house sales price might be good for me selfishly as a landowner, it's bad for business. We're not in the tech sector where everyone gets paid a near-six-figure salary, we're in a much lower margin healthcare-adjacent business.
I would love to see an area of Irvine designated as a dense, walkable neighborhood that is car-optional instead of car-dependent. Obviously it won't be anywhere an HOA exists, so it would have to be somewhere like IBC.
This is why in the area of Jamboree and 405 continuing to erect massive apartment complexes. In the Pacific Sales appliances, home imporovement neighborhood, I was schocked how fast it grown and occupied.
Two bed, two bath apartment can goes for in the low 3K to mid 4K. These apartments are pretty well loaded. Gym, spa, dog park, meeting room. And it is near capacity.
Where are all these people come from? It is true we are not building enough.
Forget the affordability, just look for something.....it is going to be more expensive.