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Santa Cruz real estate


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2020 Sep 18, 3:01pm   660 views  3 comments

by clambo   ➕follow (2)   💰tip   ignore  

I just saw an ad for a “cute bungalow” near Pleasure Point (Capitola).
I was amazed at the absurd price, $999,000 for 580 square feet.
That’s the smallest thing I think a couple of people can inhabit without killing each other.
The property tax will be $10,000+/year.
The realtor probably calls it “an investment, potential vacation rental, etc.”
A proud Tesla owner will likely buy it.

Comments 1 - 3 of 3        Search these comments

1   Patrick   2020 Sep 18, 3:14pm  

I agree. I'm done even considering prices that absurd.
2   Booger   2020 Sep 18, 5:28pm  

Fuck California!
3   Ceffer   2020 Sep 18, 5:48pm  

Santa Cruz is one of the ratlines of choice for the peninsula and SF urban COVID refugees. I suppose a well compensated bit wrangler could fit a bank of computers and a nice freezer full of hot pockets into 580 sq. ft. I know one bit wrangler who has always worked from home, has a place around Capitola and I see him out on the waves. He lolls around out there, and is totally non aggressive surfer. He also seems to be more than a bit on the spectrum, which means he fits the silicon valley mold.

The point is, Santa Cruz will at least temporarily have inflated real estate prices above the usual usual.

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