[quote=deadzone]Well that’s what happens when there is an unusually low supply and interest rates are at all time lows. But, don’t get too excited, let’s see how long this lasts. Bigger picture, how will the SD housing market weather the looming defense cuts? It could get ugly, a la early 90s. Anyone who thinks San Diego is not reliant on DoD spending is fooling themselves.[/quote]

One look at the to 10 employers in San Diego county makes that very clear. With the exception of Sharp and the big-Q (which by the way don’t even make it to top 5), everybody else is either DoD, or state/county/city or university. I was surprised to find San Diego Unified in the top 5 employers.

This city sucks on government tits more than any, except DC of course.

Wonder what happens if/when these government jobs go away.