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Wow that's awful. I'm curious if you guys think that this kind of home would be hard to unload if the FCB dried up for some reason. I'm not saying it's likely they'd dry up, but let's say there was some extra tax California or OC decided to enact, and using houses as a place to park money...

Eh, I agree that *if* I had an extra 600k, I could have eventually recouped it, but I didn't at the time I bought a few years ago heh. So it was the choice of a condo in Irvine or a four bedroom, decently upgraded 2900 sq ft Baker Ranch SFR on a nice sized lot. I'm not sure % wise I'll lose...

I'm not in the Meadows, I'm in Baker Ranch. My point is, for an equivalent lot size and sq footage in a ~5 year old home it would cost me at least an extra 600k at minimum. Then again, I don't even know how many non view lots around 4500 sq ft there are even in lots of the newer builds. If...

With the money I saved living in Lake Forest vs. Irvine, I'll have a private chauffeur drive my son to a private school.

I thought you were a doomer who made his family move into a rental waiting for the 'crash' so you could buy back in Irvine? or am I confusing you with someone?

How are we going to pay the debt otherwise? You need to inflate it away. Rates are coming down. Maybe not next year, but for sure in the next 24 months.

Do you guys think if Prop 13 was to only apply to primary residences, and/or extra taxes on corporations buying SFHs, it would drive prices down? Those are two things I see potentially happening in my lifetime, but i'm not sure it would even do all that much. Maybe some investors might bail...

Yeah but a Dr. + Nurse or NP or med tech and you are getting closer to that number.

Retail is coming. They said that the last ten years, but this year is different.

I think there are a lot of doctors that live in or are moving to Irvine. Between Kaiser, Hoag, the giant new UCI medical center they're building on jamboree, the giant building under construction by the broadcom center, etc.

“Not particularly rare”? You can look up average TC for various levels. It’s the top end if L6 ranges at big tech companies. L6 at faang type companies is what, less than 10%? So no, i’d argue it’s fairly rare these days. Maybe you work at TGS in irvine where it’s average, but it’s...

Having a 45 minute round trip commute is negated by the fact that I can get a snack 20 feet from my desk whenever I want, I don't have to make myself a coffee, I don't have to make myself (or drive to) lunch, etc. I'm thinking if companies want people in the office, they're going to have to...

I go to the office voluntarily but it doesn’t hurt I get free food, coffee, snacks and massages. However I keep finding myself on teams from the bay area. I will maintain the idea that despite the friction of being “remote”, distributed teams are the way of the future

Keep in mind, some of the people who buy these houses don't give a rats ass about making a profit. They just want to 🛁🛁🛁 the money.

Also next door to one of the richest hedge funds in the country.

How does it compare to The Melt? Because i love taking my son to The Spectrum and sometimes we just want cheeseburgers for lunch…

I’d go to phoenix. I’d prefer extreme summers to extreme winters!

I don’t understand what the current argument is about? Should we go back to shitting on college?

I have some friends and acquaintances who graduated from UC’s who have struggled in the tech industry and I’ve interviewed plenty who just straight bomb. *shrug*

Fine, Cal is more like Portola springs.