[quote=deadzone]CAR, don’t try to argue economics with sdr as he has clearly been touched by greatness. Just keep in mind he grew up in a neighborhood where 1 out of 8 students went to Ivy league schools! Nearly everyone of his neighbors are doctors, CEOs and nobel prize winners. How could he possibly understand that not all SD residents are wealthy and successful because in his world everybody is.
That clearly explains why high end properties haven’t corrected and never will, there is an endless supply of new wealth. The secret is out now. Unlike 10 or 20 years ago, when San Diego was a sleepy military town with bad weather and polluted ocean water, everything is differnt now. Today, thanks to the improvements to the weather, beaches, expanded downtown bar scene and endless supply of new cookie cutter tract homes, EVERYBODY wants to live here.
Why didn’t I see this before? The secret is out![/quote]
deadzone,
You must have missed the memo: It’s *different* here! 😉