>
>
>... And there are situations here
>where people pay significant sums to buy a house in order to *tear it
>down* because they wanted the lot and are going to build new. When you
>figure that the average new single-family detached home here in SoCal
>goes for $225,000 and up in outlying areas....
>
People do that here to get by the code and zoning restrictions. They
tear everything down but the last stone and call it a remodel. Average
housing values here are nearly 300k and climbing. I can foresee being
driven out by the property taxes at some point in the future. Then I'd
have to move to Idaho where I'd probably be as popular as the
Californians are around here ;>) Truthfully though the CA influx has
pretty much dried up as their market tanked and ours has caught up and
passed it. I have friends shopping for bargains in northern CA.
mike
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