It is in their interest that they don't miss in terms of schools. TIC owns so much land in Irvine that they need to make sure that IUSD's reputation remains great and that there are enough schools. It's a long game for them.
This was the bet Donald Bren made and it paid off handsomely. Can’t replace good education.
Yup. Will have kids soon. School is nice but not necessary. There are pros/cons to every situation and a lot of adjustments can be made in between. Life isn’t so bad after all, is it?
I'm genuinely curious as to where these meadows kids are going to enroll. Isn't Foothill Ranch Elementary stuffed to the brim.. with all the foothill neighborhoods + baker ranch, which are all massive communities. The SVUSD website has no schools assigned for the meadows yet either. Sad
With the money I saved living in Lake Forest vs. Irvine, I'll have a private chauffeur drive my son to a private school.
Are you really saving that much money? Back when these first went up for sale, what was the delta?
Delta is +$700k from phase 1
Amara was selling in the low 1m early on and excluding view lots the maximum price was probably 1.5m?
Did you seriously say that? MR for all Irvine new builds other than GP is less than $4k per year. And my brother-in-law who bought at Portola Hills said that LF isn't without MR. You still pay around $1k a year for CFD.
we're in a population decline as we speak.
I could be wrong; YMMV as it depends on the lot / neighborhood. This was the calculation for a $2 million home at GP last I checked.
Yes, you are wrong. Like I said, ALL new builds in Irvine EXCEPT for GP have a fixed MR at less than $4k, which of course still has an annual increase. You checked GP, which I said was the exception. Basically, all TIC tracts have a fixed much lower MR while the Five Point tracts have a variable MR, starting from $7k up to probably $20k, depending on the size of your home. A lot of large Altair homes probably have MR of $20k.
I was saying Amara homes in Irvine would be 2m+. Without lot premiums
there's always a more expensive city. your point is?