Yea those crappy undesirable areas in SD like Rancho Santa Fe, Fairbanks Ranch, and Olivenhain will probably drop like rocks in value – (insert sarcastic roll of the eyes here).
I never stated or implied that these were crappy and undesirable. However, I am not yet in the market for properties over $2 Mil in these elite areas. So communities like RSF are pretty irrelevant for me and my very biased south of the merge/ north of the 8, less than $1 Mil point of view.