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https://www.belairaliving.com/ This place was rented out in hours…

4.5 can get you Pacifica view too… Dana point or SJC for sure.

Overland Park in Kansas City, is also extremely pricey by local pricing standards

3/5 of the good places ask for 1+m of a starter house …

True - in general Irvine housing price is still way cheaper than top tier Chinese cities. The buy to rent ratio in China is astronomical.

Hmm I would like to clarify that Chinese homes are selling based on CNY per square meter, so it is the same per sqft. Difference is that Chinese real estate have common area factored into the total area so a 100 m^2 home has about 80% is actually within the unit while the other 20% is for things...

Based on some recent sales close by I believe it will go over the asking …

100 Tinker 92618 is open house today, I stopped by to talk to Ronnie. It is listing for 2.98m, with 2715 sqft so about 1100 per sqft.

if it is in Irvine, even mobile home sells…

Some Orchard Hills models command huge premium, I saw some 4m listings.

lol, used ones are affordable I agree

I m in the same boat. Every stock trade I tired eventually lost to index fund. Every house I owned and rented out is appreciating really nice.

But the 35000 is for who bought it, so seller doesn’t lose there.

I had Papi Tacos & Churros in Santa Ana yesterday- too good for my expectation.

I had cheeseburger at Cheesecake Factory in spectrum and it is surprisingly good.

FCB is plenty as far as I can tell. I was talking to my kid’s pediatrician, who is from Iran, he said so many Iranians are moving into Irvine. And when they couldn’t afford Irvine, they bought in nearby places like lake forest or Mission Viejo. So even if Chinese buyers finally exhausted - god...

4bd 1900-ish detached condo in CV East rents for 5.5k this year.

lol, good find. This is an interesting case, I saw back to market with buyer backed out…

Also, PPA raises price annually, at least mine does.

Your last part is exactly gentrification… I had hard time thinking someone making less than 50 dollar per hour living in Irvine. Housing alone can eat half of take home pay.