I have a friend that is a school teacher (grades 1-6) in Encinitas. Their small school of 24 teachers had to lay off four of them this week. Think of the impact to larger schools…

From what she said, more may be let go this summer before the start of the next school year.

This is just the beginning of the state’s efforts to balance the budget. State employees and any organization/employee funded by the state are at huge risk right now.

Yes, I DO believe this will affect SD home pricing in the future.