Quote:
Originally posted by Dave_7
Orange County, CA baby... the only area with 10%+ projected growth (in prices) over the next five years.
Get in while the gettin' is good.
Dave.
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Orange County would be a nice place to live, if it weren't 80 miles away from where I worked
I think one of the reasons why OC has such a high projected growth rate in prices is because they're one of the few areas that has room to build. You've got parts of Ventura county, Valencia/Santa Clarita, and OC who have the land to expand, but the problem with those areas is that there isn't much employment opportunity yet (especially in Valencia). If predictions from a few years back come true, some businesses will move their offices out of the high-rent areas in downtown LA and move them to Valencia or even OC. If more companies move out to those areas, then the housing prices will jump once again.