Anchor ads are not supported on this page.
Print Edition
Classifieds
Stories
Events
Contests
Music
Movies
Theater
Food
Life Events
Cannabis
March 27, 2024
March 20, 2024
March 13, 2024
March 6, 2024
February 28, 2024
February 21, 2024
February 14, 2024
February 7, 2024
January 31, 2024
January 24, 2024
January 17, 2024
January 10, 2024
Close
March 27, 2024
March 20, 2024
March 13, 2024
March 6, 2024
February 28, 2024
February 21, 2024
February 14, 2024
February 7, 2024
January 31, 2024
January 24, 2024
January 17, 2024
January 10, 2024
March 27, 2024
March 20, 2024
March 13, 2024
March 6, 2024
February 28, 2024
February 21, 2024
February 14, 2024
February 7, 2024
January 31, 2024
January 24, 2024
January 17, 2024
January 10, 2024
Close
Anchor ads are not supported on this page.
La Jolla luxury high rise
Structures depreciate, land appreciates. A condo in most places (excluding places like Manhattan NY) competes with houses which own the land underneath. The condo owner does not own the land underneath. Also with 153 units, it commodifies on per square foot basis with various units in various stages of repair. As long as this unit sits unsold at 9.9 million or whatever, it hangs over the rest. BTW, read your articles every chance I get. Some real (and droll) insights. JMT— October 7, 2018 4:07 p.m.