Good points pemeliza. In the 90’s a whole new class of high paid professionals appeared in SD with the growth of telecom, tech and biotech industries. Many wanted the higher quality of life that is found in NCC vs what they would get for the same money in those higher market especially CV. Looking around I just dont see as many over extended people as one would expect. I see more high end vehicles in San Elijo Hills than I do in La Costa Valley. The flushing I see on its way is in the houses that sold between 1.5 and 2.5 at the peak. Below that I see plenty of demand for houses that once sold for 1.3M but now fetch 800 to 950K.
If you have the ability to spend $1 to 1.5M it is and will continue to be a field day.
