Ask yourself this. Why would housing prices increase / stay steady in the current economic climate in SD?
Pros
1) Torrey Hills has a good location
2) TH/CV is that young family demo / biotech / white collar workers. Biotech is the only part of the SD job market I believe is safe.
Cons
1) people are losing jobs. Sony just announce 10k layoffs
2) some people believe it will takr 5-10 yrs to get house price appreciation
I don’t think you’ll lose 10% in 6 months, more like a yr.
