I have been wondering for years why there hasn’t been a mass exodus from San Diego, especially of families with children. Real estate prices have always been out of whack here, but just completely outrageous in the last few years.
Living in SD is extremely overrated unless you are a young single professional who enjoys outdoors activities, beach, etc. If you have a family, on the other hand, your priorities should be on quality of life issues such as good house, neighborhood, schools, etc. and SD falls very short in these categories.
The sad reality is that even if real estate prices drop 50% from their peak, which I believe they will, prices will still be extremely high relative to the rest of the country, and will still be out of reach of the average family income.
