Gen Xer Resilience Shown by Costa Mesa Real Estate Rebound
Posted by Matt Kanoudi on
By now, just about everyone in Costa Mesa looks back on the last decade’s housing bust with a lot less consternation than heretofore—time can do that (as well as the recovery of temporarily lost value). For some Costa Mesa homeowners, the temporary nosedive in Costa Mesa real estate values was little more than an uncomfortable learning experience. For others, it served as confirmation of the long-term store of value their Costa Mesa real estate embodies. But for others, the dominant memory is of the severe dislocation it and the accompanying worldwide financial meltdown triggered. Members of the Gen X group (those born between 1965-1980) could have ample reason to identify with any of the above—but there’s reason to believe the first two claim more…
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