Julie Chang
juliechang.bsky.social
Julie Chang
@juliechang.bsky.social
I run a RE market & asset feasibility study business for Location Strategy. Pacific Sotheby’s DRE# 01978767 | Contact: Julie@JulieYChang.com | 619.292.8881

https://linktr.ee/julieychang
and like a tandem garage, if ya got that large SUV ya aint fitting lol
December 6, 2024 at 7:12 PM
Hopefully that bedroom ceiling looks better in person, odd perspective perhaps
December 6, 2024 at 6:56 PM
And I'm just gonna keep saying it- Builders its almost 2025. Your website shouldn't look like your kid designed it in 2000

I see someone designed this bathroom with no mind for cleaning around that tub

And why is that shower SO SKINNY?
December 6, 2024 at 6:56 PM
In places where there is land- why are developers/builders sleeping on missing middle housing?

People are staying renters longer, Build them things they actually want and will pay for and stay longer in a complex that has things they actually value.
December 5, 2024 at 9:20 PM
Garages. Yes, people have stuff, especially families

Even in a corporate contract where people move for jobs for a year or 2, their families come. With them comes stuff. Toys, bikes, dirt bikes, fishing gear, kayaks, holiday decor, etc
December 5, 2024 at 9:20 PM
Missing middle housing is a huge gaping hole in some markets. Not only is it the style of housing such as townhomes, apartments with private garages- direct access or not, but the usability in the area like a corner store, some services people can walk to.

Guess what there were huge wait lists for?
December 5, 2024 at 9:20 PM
But this guy doesn't even have a website for his community marketing the homes

Doesn't have anyone answering calls

Doesn't have any professional collateral

That couldn't have anything to do with if his houses sell right?

Can you imagine closing & expecting any warranty service or fixing issues?
December 4, 2024 at 5:44 PM
The guy calls me back- he didn't develop it, he just bought it. And rants about how the market sucks and the big builders are dominating sales because they're cheap.

But here's the thing- the big national homebuilders aren't selling cheaper homes. Their homes are higher priced in many cases
December 4, 2024 at 5:44 PM
sadly I find no one cares. I read a post ranting about how they can't believe grocery stores charge for bags if you don't bring re-usable. We don't have kids, we recycle, bring re-usable bags, consume less. Friends with kids/grands- dont give a shit
December 3, 2024 at 2:26 AM
Do builders, developers, asset managers, capital stack, investors hate money? You don't want to rent some storage that is a lot easier to build than kitchens and bathrooms but may also make your units easier to rent with this amenity?
December 2, 2024 at 8:41 PM
The retort is always it has to pencil at X. That's great - your PPSF looks fab on paper. What happens with high vacancy, high lead time? Do you even know what amenities people truly WANT/NEED?
December 2, 2024 at 8:41 PM
Seniors downsizing cant conceive of how to do it with all the stuff they own, their holiday decorations

Younger people who want to stay in the city but want to have kids and wonder what to do with all their stuff

Active lifestyles- where do you store your bike, your surfboard, skis/snowboard, etc
December 2, 2024 at 8:41 PM
Perhaps buying an asset that is a less sexy location but is sold at a discount multiples lower than the "premium location" will actually yield higher ROI over decades
December 2, 2024 at 8:36 PM
Not just about whether your asset can withstand storms or nature, but what about the area around? If the area around you has been wiped out or is inaccessible for weeks or months or loses power or water, what does that do your asset?
December 2, 2024 at 8:36 PM
Location is not just about desirability in proximity to nature, ocean, or services, but it is also going to be about accessibility, durability, maintenance, destruction

When making investment decisions- do you sell, do you buy, do you hold risk must be evaluated differently.
December 2, 2024 at 8:36 PM
Companies are going to need to home grow contractor teams. Large operators can manage this and save money

Forget cost, there simply won't be the labor in the coming decades to meet the demand. Once the older gen retires/passes, expertise dies with them. Train people NOW
December 2, 2024 at 5:10 PM
If big RE operators are not thinking about how to create in house maintenance/ contractor crews NOW- training them now, they are going to be in for a bad time in the coming decades.

The vast majority of the trades are older, retiring
December 2, 2024 at 5:10 PM