Well, you know what? All three of these gents don't have the foggiest notion about what they're talking about. As misguided as they come I'm afraid.
Fortunately we have a cure. What follows here are two charts from Zillow.com, which is one of the more widely read and consulted resources for what is going on with property values in housing markets all over the country.
You will see that Arcadia, which has allowed significant portions of its environs to be turned into an unfortunate imitation of the ultra-conformist mansionized cookie cutter suburbs of Beijing, is in quite a serious housing slump. Whereas Sierra Madre, which has put into place tough restrictions against such McBlight, is clearly on fire.
Here is a portion of Zillow's Arcadia report. For all of the sad news click here.
Pretty bad, right? Arcadia's -6.1% home value slide is truly awful. By contrast, here is some good news about what is going on in preservationist Sierra Madre (link).
Just in case any of those three oxymoronic "Arcadia's Best" correspondents are reading this, "very hot" means homeowners are going to get a lot of money for their wickiups if they sell. In this case Sierra Madre, which has a Planning Commission and residents who never sold the place out, is that desirable a housing market.
Whereas the word "cold," as it is used here by Zillow, means that people who are attempting to sell their homes in Arcadia are likely to get hosed. Probably with ice water. Just like those now desperate developers who built the dozens of still unsold mausoleum-looking McMansions currently littering the place.
Not that they're likely to understand any of this, of course.