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Author: iamdb Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 35351  
Subject: Re: Times Piece on housing bubble Date: 6/25/2004 3:58 PM
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It is true that the Santa Barbara demographics are changing, as it becomes an area for the more affluent -- that word always reminds me of stuff ejected from a sewage treatment plant. We actually live in Montecito, an area of great estates since the late 1800's, long before Ophra bought her property for a reported $52 million. We, of course, are among the relatively poor who live in town.

I vividly recall hearing the wife a faculty member at UM saying, as she dressed their toddler in a 100 wrappings of clothes for a short trip to the store to get some wine, that she didn't want to live through another winter in Ann Arbor and longed to move to a California campus. I have long suspected such moves are furthered motivated every time they show the Rose Parade on a bright sunny Jan 1st, as folks in much of the east and mid-west (actually mid-east) are digging their way out of the snow. I also recall just how cold it was in that car on the ride to the store.

All is relative. Compared to the climate in Montecito, the climate around Stanford is extreme. It get much warmer than our mid-70's in the summer, and they actually can see frost in the winter! Still, except for the cost of housing, I'd take a posting at SU over a posting at UM.

db
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