Back in 96 when we bought a new home in Castro Valley, the builder(Shea Homes) would have an evening event for new home buyers at their design center to choose floor coverings, cabinet finish, tile, stone, etc...
My wife kept hearing these attendees talk about winning the lottery (she thought it was the California Lottery which we never won). Most of the attendees were buying home in the San Jose area
and had participated in a lottery to select their homes. Three years later we were moved to the San Diego area and in some areas North of Mission Valley they had started the same process, except in some
developments they didn't even have floorplans or conceptual drawings of the homes to be constructed. We ended up buying in an area where some homes were actually under construction and model homes
were available for inspection. The lottery concept isn't ideal for a major decision like a home or a college education. It's not a good sign when that becomes part of the decision process.
burritos;842663933 said:
Good idea. Isn't that how they buy homes in the Bay Area?