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<p>From a financial point, the Plaza is just plain crazy. However, people spend money on the "perceived" values. Why some people spend 6K for an Hermes bag is beyond me. People like what they like. Similarly, I cannot understand why people spend 100K for a car. The car will definitely go down in...

This post and all the responses are great. I learn a lots! I am not well versed in land development, housing market etc. Considering of all the recent news about lending and mortage problems, I think the housing market is due for a correction. That is the market force. So my question: Is the...

<p>bkshopr,</p> <p>First, the marketing does not really get to me. I like the Plaza because of the amenties it offers. For example, I cannot afford to have my own gym if I were to live in a single family home. There will be no space for it. For example, a friend of mine just told me the she...

<p>graphix, </p> <p>I have no idea who Scott Boras is? Is he a celeb? I might buy one of these units if the prices were more reasonable. I think about 300 to 400 K less than what they asking right now. I think I am just dreaming. For me, that is my "perceived" value! I took a quck look at the...

<p>I have read and know how most posters on these forums feel about Plaza 3000 and Plaza Irvine. Today, I had the chance to stop by the sales office for some information. I am genuinely interested in a high rise condo. I am seriously considering living downtown San Diego when the market...

<p>Penn1, </p> <p>How long ago was it that your friend was able to buy an ocean view home in Newport Coast for 550K? That same property must be at least 2+ millions, if not more.</p>

I wonder if builders look at blogs such as this one to gauge buyers' mentality.

<p><a href="http://realestate.msn.com/Buying/Article2.aspx?cp-documentid=5124742">http://realestate.msn.com/Buying/Article2.aspx?cp-documentid=5124742</a> This link is about the riskiest real estate markets in the US. Many cities in CA included.</p> <p> </p>

<p>TIC owns everything in Irvine so they have the upper hand. So they will squeeze anyway they can. Too bad, they builders have to accept TIC's terms or need to get out.</p>

Mino, in San Diego Downtown there are some with ocean view. Not sure in Irvine though. nirvinerealtor, I am not waiting for the market to crash. I am waiting the market is "right" for me. That is when I can buy something decent with a 15 or 30 year traditional mortgage. At this rate, I am...

Wow the McArthur will be 35% higher than the Plaza! Isn't the Plaza prices are somewhere in the 700K+? Too many rich people around. Unfortunately, I am not of them. Do you guys know the current prices for the Plaza and McArthur Place.