If the Irvine Co wins the competition for Amazon’s second headquarters the property owners in Laguna Beach will be big winners. Why? Because of the estimated 50000 employees they will have working there a big percentage will want to live in a city like Laguna Beach. So, if you own property in Laguna you may want to hold on until Amazon makes it’s decision. You rent in Laguna Beach? You’re going to be big losers.
It’s called demand and supply. Here in Laguna we have a small supply and big demand. Property values will go even higher and rents will go through the roof.
Today’s Sunday newspapers should be filled with the Amazon second headquarters story.
Note: The above old cottage has already been completely rehabbed.
Tides:
12:12 AM 4.50 feet High Tide
06:04 AM 1.28 feet Low Tide
06:31 AM Sunrise
10:57 AM Moonset
12:30 PM 5.34 feet High Tide
07:04 PM Sunset
07:08 PM 1.00 feet Low Tide
10:17 PM Moonrise
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