“Seriously, in 2000 I could have bought a home in S.Carlsbad west of the 5 for 300k. That same home is now 900k. In 2000, there really wasn’t much more land left to build on west of the 5 either.”
Cheapest MLS sale I could find west of 5 in S Carlsbad was 325K. That house peaked in value in 2005 around 750K at best and today the same model with a much better location is sitting at 685K.