[quote=an][quote=svelte][quote=an][quote=svelte]
Totally bogus claim.[/quote]what development in Mira Mesa in 1987 was going for 100-105k for a 3/2 1500 sqft house?[/quote]

I can’t recall the name and I didn’t save any brochures. All I can tell you is that it was south of MM Blvd and west of Westonhill. I can’t remember any more than that.[/quote]
These are the only one that’s new around 1987 that’s 3/2 1500 sqft South of MM. 7528 Flanders Dr, San Diego, CA 92126. This one sold for 160k in 1988. So your dad was getting a crazy deal.[/quote]

It looks as though SD Union and SD Tribune have taken their newspaper archives off of the normal archive sites and are hawking them on their own site at very high prices that I’m not willing to pay. If/when they make the prices reasonable, I’ll search the archives.

In the meantime, here is what I’ve found:

1986:
$99K – 10576 Giffin Way, San Diego, CA 92126, 1378 SF
$114K – 10596 Giffin Way, San Diego, CA 92126, 1366 SF

$119K – 10596 Giffin Way, San Diego, CA 92126, 1366 SF
$119K – 10544 Bandell Ct, San Diego, CA 92126, 1366 SF

1988:
$129K – 10546 Darwell Ct, San Diego, CA 92126, 1008 SF
$129K – 10546 Darwell Ct, San Diego, CA 92126 1008 SF
$141K – 10526 Darwell Ct, San Diego, CA 92126 1500 SF

1997:
$160K – 10583 Giffin Way, San Diego, CA 92126 1284 SF

1999:
$145K – 7672 Adkins Way, San Diego, CA 92126 1008 SF

I would imagine what happened is that in 1987, we walked into a model and they had some unit that wasn’t selling that they were offering for $100-105K. That isn’t unreasonable given the $99K sales price above in 1986. It is right in line.

The $160K sales price you show for 1988 sounds really high actually.

Let’s go back to why I made the statement I made originally: you had said that houses went up 10x in the 1970s. If MM houses were selling for $120K in 1986, what you must be saying is houses were selling for $12K in 1970 and went up zero between 1980 and 1986. Neither of which is believable.