Seriously though, another major thing that Orange County has working against it is the real estate job market. New Century, Option One, Ameriquest, First American, are all headquartered here. I work here in Irvine and as you drive around it seems like two thirds of the offices hold real estate related companies of some sort. A lot of good paying jobs are about to go away. I actually am looking forward to renegotiating my lease later this year.