BG
Lots of great points and thanks for the history lessons. This area has changed and the permabears are using the same tired arguments that worked 3 years ago but no longer work nquite so well.

BTW, most of the tracts I speak of east of 5 are not $1M+ they are between 600 and 900K which is well within the affordability of an upper middle class household looking for a nice newer home surrounded by their peers living with great schools in safe clean neighborhoods. Listening to your background over the last couple months we come from very different worlds so i dont expect you to appreciate my world. I grew up in place much like where I live today in South Carlsbad. It was an upper middle class nirvana and we all lived there to be surrounded by people like us rather than living in big estate homes that we could afford. Behind me was a doctor with 4 boys (now 3 drs and the other an Envinronmental Attorney who does work for Trump). Next to me a Doctor with 4 boys (now 2 drs, an oil/gas attorney and a logistics expert for the largest RR company in the US). Across the street was an engineer with 3 boys (now Sports Editor at Pulitzer Prize winning major daily newspaper , one a Stanford Professor and the other a Berkley Professor). Those stories continue out for miles from where i grew up with success stories like that and actually far greater. I know many wall street execs and financial guys that make 7 figure incomes. One of my HS friends sold his company ( alarge defense IT company in DC) for about $80M a couple years back. I graduated from a public school with 800 kids and 100 went ivy league. My perspective is very differrent than many of yours and where I live today looks very much like the place I grew up in 40 years ago. That is the type of environment I have chosen to raise my children in because I see what it can do for them.