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Were you asking where the money came from? 😅 https://www.cnbc.com/2013/11/25/chinese-buying-up-california-housing.html “Zhang was coming out of one of the models with a Chinese couple pushing a toddler in a stroller and carrying an infant. As our CNBC camera crew interviewed Zhang, another...

Hard to feel FOMO when you see the increasingly lower probabilities of active fund managers outperforming indexes the longer the time horizon. It’s like trying to find a needle in the haystack. https://www.ifa.com/articles/active-fund-managers-benchmark-analysis-sp

Tell the foreign investors why else they should buy in Placentia 😜

I visited Sierra and Lapis two weeks ago, all I vaguely remember was a Lapis 2 bedroom 2 bath floorplan with roughly 1200 sq ft was starting around $1,050,000… I think.

Speaking of WTF prices, 1 bedroom now listing for $1.2 mil in Irvine https://www.redfin.com/CA/Irvine/247-Carlow-92618/home/169482576

Only like Plan 1 when I toured. I forget if it was Plan 3 or 2? That had the odd shared bathroom configuration on the first floor. Garages also seemed small.

Shoot, buyers at these price levels don’t know about ocean views in Palos Verdes? Low crime, great school system, no mello Roos, views of the ocean… comparable to Newport Coast vibes. https://www.redfin.com/CA/Rancho-Palos-Verdes/30804-Via-La-Cresta-90275/home/7750293#schools

Anyone know what they’re doing with the land across the street from GP on Irvine Blvd & Lynx? I saw a bunch of bigger planters there

Last year, I got quoted roughly $200 premium per year from California Earthquake Authority that would cover about $100K for building (but with $15k deductible), $25K for personal property, $15K loss of use, $15K loss assessment.

People move out of CA to Texas only to find higher property taxes, monthly utility expenses, occurrence of other natural disasters, harsher weather extremes… the grass isn’t always greener on the other side. Irvine also has a good percentage of all-cash buyers, many of whom are foreigners. The...