My friend recently visited the Viridian development (2,500 to 3,200 sq ft homes) at Esencia in Rancho Mission Viejo and was shocked to find a mello roos of over $9K/annually.
Is that within range of other parts of south OC? That sounds extremely high.
I think the proximity issue is a big one. it's not just the freeways. CV is central to many parts of Irvine, such as the Marketplace, Spectrum, and south of the 405.
Maybe they can levy an additional tax to residents of the GP and other beneficiaries of that off-ramp. If they can afford an annually-increasing, double-MR, then they can afford an extra tax.
The one thing to consider about the credit card option is that interest rate is compounding daily until the balance is paid off. If you're looking to hold a balance for 2+ years, you may very well incur that 43%. Cashing out your retirement accounts is also not recommended, but that 43% number...
DRuss is a negative player. When speaking about him, his best ability is "un"availability. Lonzo is light years ahead of DRuss as far as being a net positive for his team. I'd rather have Lonzo for 50ish games/season than DRuss for 80.
Losing is contagious. That's the Lakers culture the past 6 years. Why would any free agent want to join that? AD is not a FA for another year. KD, Kyrie to NY. Leonard to Clips. Lakers will get stuck with 2nd tier free agents, if they're lucky.
Are these homes really zoned to Tustin High School? How is that school? It's rated a 7 on greatschools and I feel like the only school I can trust in TUSD is Beckman. Do other people think differently?
You forgot easy access/proximity to hospitals and medical offices. Also, the 'network effect'. Higher earning/higher-educated families want to be in an area with like-minded families. Many other parts of the OC have that as well, but with some riff-raff built in. There's comfort in knowing...
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