BLah blah blah. There is alot different and the area has been hammered already. The problem is it hasnt been hammerred enough to fit what YOU need to happen to get what YOU need so you deny it.
In the Mid 90’s Encinitas and South Carlsbad barely existed in the eyes of upper middle class folks in SD County. Back then Encinitas was basically Mayberry RFD. There were working class neighborhoods and high end ranch properties in Olivenhain with no much in between. Over the last 15 years SO Carlsbad has become a world class city and people now about it. No one knew what Carlsbad was outside of SoCal people before that. Now there are great public golf courses, good restaurants, beautiful masterplanned communities, major employers (Golf, action sports, biotech) based in this area, Legoland, thousands of new homes, vastly improved schools and yes we still have great weather and beaches. One of those beaches has someone who goes by deadzone sitting around with his head in the sand.
Wake up!! The hammering is over, there are likely some more declines ahead but the only hammering will be on nails for the new homes being built.