I don't think you can accuse TIC of being a monoply or guitly of monopolistic behavior. TIC or IAC doesn't control enough lots or units to manipulate the market. They can try to influence pricing through marketing and phased releases, but as is obviously apparent now, they are still subject to...
jwlam, don't listen to bkshopr, he or she is some sort of feng shui consultant (it's like being an acupunturist or chiropractor or soothsayer, but less profitable). The floor plans aren't for everyone but they are forward thinking and appeal to those looking for something beyond the conforming...
Nice post PeterUK. don't know the terms of the agreement but this is officially an intergulf deal, not a lennar deal. I agree that 3000 the plaza is a better project and the price points just don't make sense. Astoria was probably put on that part of the property because of sight line issues...
@kawakonohirukun - you're a noob. Stay out of the housing game and stick with the IT job. $130K will get you a $350K condo in RSM and you'll still be struggling to make payments. Don't think you can make the big bucks your parents and their friends made during the high time because they made...
Nice, using North Korean real estate development as a parrallel case study might fly at USC, but not in real life, brah. Second, you missed the entire point about HOA foreclosure, that it would be used as a tool buy a vulture fund to create an apartment building.
The fact that California...