Lately though, with Chinese buyers the only bright spot in a sluggish real estate market, complaints about bad numbers have been on the rise again. At the time, like numerous other cities, it decided to allow people to change inauspicious numbers - for a fee.īut five years ago, it abandoned that program after city workers complained about how onerous and confusing the process of changing addresses had become.
Twenty years ago, Arcadia dealt with similar complaints from residents about numbers when the city started seeing a dramatic rise in Chinese homeownership. 44, who do not want their street name mentioned for fear of making a bad situation worse. If they don’t change it, that would knock $300,000 to $400,000 off the property,” Grohs said of the owners of No. “This property is worth $1.4 million if the address was not two fours. He knows his market and the dangers of picking the wrong property. Josh Grohs, managing partner of a local real estate development firm, buys up Arcadia houses, tears them down and then builds new homes. So 44 essentially adds up to double death. That’s because, in Mandarin and Cantonese, the word for four sounds like the word for death. Most local buyers are Chinese - and for them, such a number can kill a deal. LOS ANGELES - Pity the poor Arcadia, Calif., couple trying to sell a house with a street number 44.
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