Cy,
I see alot more new fancy cars in Oceanside and San Marcos than I do in Encinitas/South Carlsbad. I’m sure its out there but I havent seen the extravagent spending among my social circles. I guess that I’ve been here long enough to be able to find and surround myself with likeminded fiscally conservative folks.
I see a long term downward trend in RE here in SD right now. I would be surprised to see prices in 2015 above the peak prices of a couple years ago. I would love to see increased affordability for my friends/neighbors and their children.
