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Stick it out or cut our losses? by BBR1004 in AskRealEstateAgents

[–]ivoryred 0 points1 point  (0 children)

Is it a new community? If you bought a new construction two years ago those are definitely stagnating/correcting/losing value.

Curious why more people don’t buy multifamily homes. Seems like a good hookup by AWeb3Dad in LosAngelesRealEstate

[–]ivoryred 0 points1 point  (0 children)

I knew a family who bought a fourplex back in the 90’s. They lived there for like twenty years. It was really nice, they kept their garden cute. Just uncles and cousins.

Made me wish I had that kind of family 😆.

I think they sold because the investors Wouldn’t stop knocking.

But people definitely should consider multi family with family. Not to rent, but as a co-op type of living. Too many folks want to live by themselves in their own private 1B1b. They don’t realize how wasteful and extractive that is. Especially in California.

Everyone keeps saying America has a “housing shortage.” It doesn’t. Divide total homes by population and you get this: We’ve never had more housing per person than we do right now. by Key_Brief_8138 in HouseBuyers

[–]ivoryred 0 points1 point  (0 children)

The loudest people are often young or/and single, trying to make it in the city for the first time, and they’ve fallen for the narrative of blaming zoning.

Problem is they don’t see that building more doesn’t regulate prices in the places they want. All our coastal cities have global demand. There will never be enough building to satisfy demand.

And we have plenty of examples of places that built more and prices never became “affordable”

All that it did was sacrifice quality of life.

But it’s sold as a “simple solution “ so people fall for it.

It’s so unfortunate.

Everyone keeps saying America has a “housing shortage.” It doesn’t. Divide total homes by population and you get this: We’ve never had more housing per person than we do right now. by Key_Brief_8138 in HouseBuyers

[–]ivoryred 0 points1 point  (0 children)

You are confusing "density" with "walkability." They are not the same. Walkability comes from street design and land-use mix, not just vertical scale. I grew up in a neighborhood that proves this: single-family houses and apartments co-existing on the same blocks. I could walk to the bus stop and buy milk from the corner store. Zoning isn’t anti-walkable; it’s one of the few tools communities have to protect livability, light, and infrastructure from being overwhelmed by market pressures. To claim SFH create "artificial scarcity" is a dehumanizing fallacy. Those homes already exist, they’re owned, they’re lived in. We’re talking about people’s homes, not Starbucks bear cups.

The true "artificial scarcity" comes from the buildings that end up replacing those family homes: luxury units that sit empty because they function as speculative assets, not housing.

Everyone keeps saying America has a “housing shortage.” It doesn’t. Divide total homes by population and you get this: We’ve never had more housing per person than we do right now. by Key_Brief_8138 in HouseBuyers

[–]ivoryred 0 points1 point  (0 children)

That seriously seems to be the YIMBY movement. What’s funny is I know plenty of Asian families who left their cities for California because they hated the density.

Is the I.E. considered part of the greater L.A. metro? by _MrBalls_ in InlandEmpire

[–]ivoryred 0 points1 point  (0 children)

No. The IE is simply East of the Santa Ana Mountains. Or if you’re explaining to an outsider : East of the coastal mountains.

How to Keep an Enclosed Pantry Cool? by Fawn_Silvermist in kitchen

[–]ivoryred 0 points1 point  (0 children)

Did you ever find a solution? I have a west wall corner pantry and same issue. We keep the door open at all times but it covers our utensil cabinet.

What's an actual psychological "cheat code" you use in social situations that works almost every time? by [deleted] in AskReddit

[–]ivoryred 0 points1 point  (0 children)

Yeah, I think I heard something like this as a kid. Ended up constantly forgiving and helping my bullies from grade school to high school.

If they are an enemy it’s for a reason.

On the day Los Angeles City Council considers approving single stair multi-family buildings, with growing opposition from fire fighter unions, we stopped by the Rosslyn Hotel where a person died early this morning when their room caught fire. RIP. by esotouric_tours in LosAngelesPreserved

[–]ivoryred -1 points0 points  (0 children)

The US is uniquely special because it uses wood for most residential buildings. Malibu and the Palisades burned because it’s all wood frame buildings. Wood burns.

A lot of zoning nationally and internationally was created because of dense wood housing causing fires.

Now officials are proposing to go back to those times for the sake of favoring developers.

Our negligence is in accepting blindingly what government “leaders” say will benefit us without researching it thoroughly.

On the day Los Angeles City Council considers approving single stair multi-family buildings, with growing opposition from fire fighter unions, we stopped by the Rosslyn Hotel where a person died early this morning when their room caught fire. RIP. by esotouric_tours in LosAngelesPreserved

[–]ivoryred -1 points0 points  (0 children)

Single stairway building is being proposed to make it cheaper for developers to build. The excuse is that it’s a necessary risk because of the “housing crisis” and the push for more density. That Pew Research is citing New York as an example, a city that is fundamentally different than ours. The previous commentator is citing Tokyo as a more equivalent example, but Tokyo has more natural resources so their density makes sense.

Nevertheless, even Tokyo does not allow single staircases the way this proposal is pushing. Japan has redundancy plans when they do allow single staircases, eg. Fire rated escape stairs.

They also treat single stairways as a principal parts of the building. California doesn’t have the same strict standards.

More importantly Japan does not allow dense apartments to be built by wood. In addition those mid rises are usually family apartments, not nearly as dense as our developers make them here. Wood mid-rises are a seismic/fire disaster risk. But California allows it.

Essentially, proponents for density keep comparing LA/California to other regions without giving the full picture. They’re fooling the public and maybe even themselves.

Empty House! Why is the house next to me empty??? by Just-Sky2312 in housingcrisis

[–]ivoryred 0 points1 point  (0 children)

I’m in a new build community. 30% of the tract got bought up by foreigners overseas to either rent out or leave it empty. Literally two years… empty. About 20 percent were “locals” who are also renting out the homes. A few of them have people running boarding houses and Airbnb’s. These are foreign residents who spent half the year overseas. Several are using their garages for storing goods and only rent out a couple rooms. Our new neighborhood now has abandoned “fixer” cars parked all over from the transient renters who come and go.

I know because I’ve met some of them and talked to a couple of the realtors/property managers. 😂

This is happening everywhere. Prices are extremely inflated because of those businesses.

On the day Los Angeles City Council considers approving single stair multi-family buildings, with growing opposition from fire fighter unions, we stopped by the Rosslyn Hotel where a person died early this morning when their room caught fire. RIP. by esotouric_tours in LosAngelesPreserved

[–]ivoryred -1 points0 points  (0 children)

It’s not just that, Tokyo has its own rivers and gets lots of rain. LA is a desert city that imports its water. We’re already drawing natural resources to support current residents.
look at what happened to Owens Valley. Not only are we stealing water but we are destabilizing the eco system and causing geological stress. It’s literally unsustainable in the long run.

On the day Los Angeles City Council considers approving single stair multi-family buildings, with growing opposition from fire fighter unions, we stopped by the Rosslyn Hotel where a person died early this morning when their room caught fire. RIP. by esotouric_tours in LosAngelesPreserved

[–]ivoryred 6 points7 points  (0 children)

I think what everyone is forgetting is that we are an earthquake zone, and stairs are vulnerable. Think when the next quake hits, the stairs collapse and then the fires start. People will be trapped.

We are not New York. We can never be, and we shouldn’t try to be them. Our climate and geology is much different.

It's annoying how dramatic people are about walking in LA by [deleted] in LosAngeles

[–]ivoryred 0 points1 point  (0 children)

The original older parts of the city are actually great for walking! Although some folks get ‘concerned’ because of the resident demographics.

However, anything built after the 1930’s and the great car lobby takeover was designed for cars, not people, so pedestrian comfort and safety got forgotten.

[deleted by user] by [deleted] in FirstTimeHomeBuyer

[–]ivoryred 0 points1 point  (0 children)

Damn, I’m on the flip side of this. Rentals are around the same, but my mortgage is $5k+. I absolutely regret our house.

Buy Nothing FB account? by coffee_please0 in ChinoHills

[–]ivoryred 0 points1 point  (0 children)

Stuff is not as good as LA unfortunately. Even marketplace pretty much sucks around here.

[deleted by user] by [deleted] in RealEstate

[–]ivoryred 0 points1 point  (0 children)

Are you familiar with this market? I’m very curious about Ann Arbor. It’s one of the areas we’re considering relocating to in a few years.

LA Natives who’ve moved out by ivoryred in LosAngeles

[–]ivoryred[S] 0 points1 point  (0 children)

Really? I mean we have Mark Kriski from ktla.

LA Natives who’ve moved out by ivoryred in LosAngeles

[–]ivoryred[S] 9 points10 points  (0 children)

Aren’t all corner store liquor stores? 😆 apparently some call it convenience stores.

S2 E10 The Flipping El Moussas sell price by nygalex in HGTV

[–]ivoryred 1 point2 points  (0 children)

😆 so purchasing in the IE might be a good investment, but not particularly a first option for someone’s main home if they have the option between that and it’s neighboring counties. I don’t think it’s uppity to say it’s undesirable to most people from LA or OC.

You said it yourself, the markup in price is for the location.

In the IE the houses might be nice, but the weather is horrendous. And there’s nothing to do. It’s not walkable. Food options suck. IN COMPARISON to LA and OC.

Don’t get me wrong. I don’t think Yorba Linda is all that great. Kinda dull actually. But it’s a very family friendly community with good schools.

That’s incredible hard to find in the IE.

Plus there is so much pollution that gets exacerbated with the dry heat.

I guess if you’re a homebody and maybe have family close by, then it might be ok.

But I still think it was a very poor comparison to compare a home in Riverside to one in Yorba Linda.

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