Alex_angel is delusional when he says that everybody wants to live in San Diego. I’m originally from South Carolina but I moved to San Diego and lived there for thirty years. I saw the crash coming and sold my home in the spring of 2005 and moved back to SC. Now, I love SD and will move back if prices drop as much as I think they will. I can tell you that 99% of the people that I have come in contact with since moving back here would never consider living anywhere in CA. I used to encounter this same mindset from people I would talk with when I would travel on business around the USA for 30 years. Sure, many of them will vacation in SoCal but live there? No way! So Alex, unless you’ve talked to an entirely different group of people that I encountered over a 30+ year period in most of the USA, I’d have to say that my data is much more correct than yours.
BTW: Ask any San Diegan if they would live in New York City, Tennessee or South Carolina (or many other cities or states) and the answer would likely be………NO WAY! So, it cuts both ways.