It has been reported that, currently, over 40,000 people a year are moving to San Diego. If this trend continues, even to a far lesser degree, it would seem housing prices and availability are bound to be effected.
According to the articles I’ve read, many people are concerned that their kids may never be able to buy a home in San Diego–or even rent here–if they want to stay.
There’s only so much buildable land left to develop, and when it’s gone–it’s gone. On that basis, it will definitely be interesting to see how the last few possible projects like One Paseo play out over the next few years.
