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Old 06-20-2012, 10:26 PM
 
Location: Los Awesome, CA
8,653 posts, read 6,129,575 times
Reputation: 3368

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What do you think about this new mega development?

Quote:
Closing a deal that underscores the potential of Southern California's housing recovery, luxury builder Toll Bros. Inc. snapped up a big chunk of land in south Orange County and said it will begin work on a massive master-planned community.

Toll Bros. will partner with builder Shea Homes to construct more than 2,000 homes and apartments in the Baker Ranch development in Lake Forest. Economists and analysts said the involvement of Pennsylvania-based Toll Bros., the largest builder in the luxury niche, was an encouraging sign for the market, jump-starting a long-planned development and infusing it with some high-end cachet.
Toll Bros. plans huge housing development in south Orange County - latimes.com
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Old 06-21-2012, 12:02 AM
 
11,715 posts, read 40,438,984 times
Reputation: 7586
More million dollar boxes on 1/8 acre for the 1%'ers and a few $2000/mo+ apartments for the 2%'ers.

Last edited by EscapeCalifornia; 06-21-2012 at 12:22 AM..
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Old 06-21-2012, 02:24 AM
 
Location: Declezville, CA
16,806 posts, read 39,928,986 times
Reputation: 17694
I often remark to myself "There's not enough traffic in South OC. They need to build more homes so more people can add to the commute times."

Oh wait, I said that in 1965.
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Old 06-21-2012, 03:45 AM
 
Location: Everywhere and Nowhere
14,129 posts, read 31,238,974 times
Reputation: 6920
Quote:
Originally Posted by Fontucky View Post
I often remark to myself "There's not enough traffic in South OC. They need to build more homes so more people can add to the commute times."

Oh wait, I said that in 1965.
Glad to see they'll be filling in more of that ugly empty space on your moonscape pic. Would be nice if you'd rent a plane to take the same shot and provide us with a "then and now".
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Old 06-21-2012, 09:09 AM
 
11,715 posts, read 40,438,984 times
Reputation: 7586
Quote:
Originally Posted by CAVA1990 View Post
Glad to see they'll be filling in more of that ugly empty space on your moonscape pic. Would be nice if you'd rent a plane to take the same shot and provide us with a "then and now".
Just need Google Earth
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Old 06-21-2012, 09:36 AM
 
2,131 posts, read 4,912,884 times
Reputation: 1002
Quote:
Originally Posted by EscapeCalifornia View Post
More million dollar boxes on 1/8 acre for the 1%'ers and a few $2000/mo+ apartments for the 2%'ers.
We need more $1,000 apartments. In order to qualify for a $2,000 apartment, you need to make at least $6,000 a month income, or about $34 per hour. What about those who only make $12 or so an hour?
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Old 06-21-2012, 10:01 AM
 
11,715 posts, read 40,438,984 times
Reputation: 7586
Quote:
Originally Posted by wrcousert View Post
We need more $1,000 apartments. In order to qualify for a $2,000 apartment, you need to make at least $6,000 a month income, or about $34 per hour. What about those who only make $12 or so an hour?
They share apartments in Santa Ana.
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Old 06-21-2012, 11:08 AM
 
Location: Los Awesome, CA
8,653 posts, read 6,129,575 times
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Quote:
Originally Posted by EscapeCalifornia View Post
They share apartments in Santa Ana.
Sad but true... Or you can move to Corona and take the 91 parking lot to work...
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Old 06-21-2012, 11:11 AM
 
Location: Los Awesome, CA
8,653 posts, read 6,129,575 times
Reputation: 3368
Quote:
Originally Posted by wrcousert View Post
We need more $1,000 apartments. In order to qualify for a $2,000 apartment, you need to make at least $6,000 a month income, or about $34 per hour. What about those who only make $12 or so an hour?
Affordable living projects are rarely done in Orange County. Especially not Irvine and south...
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Old 06-21-2012, 12:34 PM
 
11,715 posts, read 40,438,984 times
Reputation: 7586
Quote:
Originally Posted by SHABAZZ310 View Post
Sad but true... Or you can move to Corona and take the 91 parking lot to work...
I wonder how much money people really save by moving out there after you factor in the transportation costs and additional air conditioning in the summer. Not to mention the stress and lost family time. That can't be good for a marriage.
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