I also think you are right, sdrealtor, that as the masses come and discover the unique charms of Encinitas, they’ll buy what they can afford to buy to grab a little piece of the magic.
The I-5 won’t have the same connotation to them that it does to locals and I think the “wrong side of the tracks” perception will largely fade away.
Also agree that the “barefoot luxury” the new Alila Marea Beach Resort represents will be a real game changer for Leucadia, in particular.