It’s a beautiful area, great weather, in a state with ah economy controlled by communists. Why wouldn’t the prices be high?
It’s high because communists and fascists create dacha societies...elite enclaves away from the peasants. Got to have a high price of entry to keep the rabble out.
Generally, Orange County does not have as many gangs as Los Angeles County, Riverside, San Berdo, etc. Orange County straddles the ocean and has nice weather, too. Orange County was not as fully developed as early as Los Angeles County so generally, the houses are newer.
It one of the few republican areas. Not sure why many aren’t seeing high home prices as a success of the area. Not every area needs to be a section 8 nightmare like you seen to want.
And we can also say, that the housing market is a free market. And that high prices in desirable areas, are simply a result of supply and demand.
Some areas of California are extreme cases, when it comes to housing prices. But the same concept exists everywhere in America.
All of you reading this, can readily identify “bad” neighborhoods in your own hometown, in which prices are lower, and you would not pay any price to live in. On the other hand, all of you can identify upscale areas in your home areas, in which housing prices are much higher than other parts of your city or region you live in.
Orange County was once something of a conservative bastion. That may or may not still be the case, but it’s more so than areas to the north.
I’m from Silicon Valley but spent spring and summer last year in FLA. After that experience I knew exactly why our NorCal property costs the most in the US. There just is no better weather ANYWHERE! It suddenly seemed totally worth it! I practically kissed the ground when we returned home.