Having been in real estate for many years, we have seen just about every cycle imaginable. Previous generations of the family, among other things, spent their time hauling water from downtown by wagon to build their housing developments around town. They felt they had found their paradise, and they were going to make the most of it.

Fast forward a hundred years or so, it’s extremely interesting to watch the current incarnation that is pushing our property and rental values through the roof, thanks to the good folks who are just now discovering our beautiful San Diego.

edit: EP, just read your comments, and completely understand where you’re coming from, and yes, I agree having homes in more tax friendly states is a good idea. That said, we’ll continue to live much of the time in CA, regardless of what the future holds, but for many, we also understand that may not be an option. Hopefully, everyone will find their own paradise and be happy with the choices they’ve made.