We started investing in CV properties from the late 80’s on, and would never have believed prices would escalate as they have over the years. I don’t think it would have ever happened without QC.

As flu said, it’s great for current homeowners, but not great for those trying to get in or move up. It’s especially sad that most of the kids who have been raised in the area can never afford to live there when they grow up–should they want to. IMO, that will be true in most of San Diego in the future.

It’s been a very interesting ride, and it will be even more interesting to see how things go over the next many years.