[quote=AN][quote=sreeb][quote=sdrealtor]Pardee has owned Carmel Valley and the other side of that canyon in SOrrento Mesa for a long time. I just drove by the area today showing a house in MM to a client. When I saw that location all I could think was Qualcomm/Telecom engineers wanting to buy new houses close to work. Those houses and condos are going to fly off the shelves.[/quote]
Qualcomm engineers are the last ones who should be buying in Mira Mesa or Carmal Valley. The big Q looks good now but if they start to cut back, there is nobody else to employ these guys in SD. You could lose your job and have your house crater on the same day. Those Qualcomm engineers who want to live close should rent.[/quote]
When do you see them cutting back?[/quote]
I have no special thoughts on when. Nothing is forever in tech though.
