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San Diego Investment Property -- One Resident's Analysis

By Ben Mester

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Published: 30Oct2009
Word count: 578
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Not too long ago, I spent a considerable amount of money on investment property, though not in San Diego where I grew up and have always lived. I did a lot of research into San Diego investment property, and decided, for many reasons, to buy property elsewhere. As a lifelong resident of San Diego, I see many of the hidden factors that I believe will soon start to heavily influence the value of San Diego investment property that others don't notice. Because of the way the real estate market's going these days, there's a lot of speculation on investment property, and where the new highs and lows are going to be. Is San Diego a good place for investment property? One resident's analysis.

There are two factors that I think will heavily, negatively influence the cost of property in San Diego. They both stem from the same source. Drought. San Diego has always been praised for its temperate climate and easy weather conditions. But now, due to a long set of circumstances that isn't likely to diminish anytime in the near future, San Diego is beginning to show its true colors. San Diego is a desert, a desert in a severe water crisis. In the past year, due primarily to water restrictions and dryness, yards in San Diego have seen a sharp decline in beauty. Home owners are only allowed to water their lawns half as much as many were used to. This has caused and continues to cause many lawns and once beautiful landscapes to slowly die. But there's another factor.

Due to the overwhelming amount of recent fires in southern California, much of the surrounding vegetation has burned up. This has caused many vegetation eating animals like rabbits to move into neighborhoods and begin subsisting on lawns. Rabbits can kill a lawn very quickly, and often do when gone unchecked. As a lifelong resident, I've noticed that more and more people are having a huge difficulty in San Diego, taking care of the aesthetic beauty of their property. Nothing can more quickly drop the overall value of property in a neighborhood than a lack of aesthetic beauty.

Another factor that I briefly mentioned already. For reasons that many have speculated upon, more and more fires are starting to break out constantly all across Southern California. During my childhood, I grew up without once going through a major fire. Now, in the past five years, we've seen two that have ripped through whole sections of the city, devastating hundreds and thousands of acres. This trend doesn't seem likely to end in the near future.

Though these factors alone are not enough to determine what the real estate market in San Diego is going to do, they do help set the atmosphere for what people are talking about in terms of their property investments. On the whole, most residents are far less satisfied with their properties than they were in years past. People are beginning to think about moving somewhere cheaper. And though real estate market has dropped on the whole, property in San Diego is still quite expensive overall. This price difference was once justified. San Diego was beautiful. A wonderful, temperate climate near the ocean that most people would kill for. But now, San Diego is finally showing its true colors. San Diego is a desert, prone to fire and drought. And that's not the kind of place a person wants to spend top dollar for.

Thanks for reading my opinions about San Diego Investment Property. To read more of my work, check out my profile on Hubpages.

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