[quote=AN][quote=FlyerInHi]AN and livin, you guys are correct in that there will be an adjustment.
But consider that the ratio of housing cost to income in San Diego has been increasing as compared to the rest of the country. In that way, it will never return to “the norm” in our lifetimes.
Certain glamour/rising/desirable cities do cost more over time.[/quote]What’s normal changes. I don’t expect us to ever be back to SD of the 70s anymore. When compare to many other places around the world, I feel like SD is still quite cheap relative to income.[/quote]
That’s the thing I think is hardest to understand or except for most SoCal natives,
SoCal is becoming more and more an international housing market, and in that market, we are in the bargain ben.
