[quote=Eugene]
Median household income in 92130 was 70k in 1990, 95k in 2000, and 135k in 2008. So, based on income growth alone, the house should be worth 950k.
(And, before anyone starts complaining that 135k income does not buy a 1m+ house – this is definitely not a median property in the zip code. Zillow places it at the 82nd percentile in Carmel Valley and the 95th percentile county-wide.)[/quote]
Eugene, where did you get these household income numbers?
