I’m saying that I drive around PB, Crown Point Blvd, La Jolla and not only is there a lot of constuction going on but there are a ton of homes that you look at and say that could be an incredible property for someone with the know how to do something with. Eventually proices will retreat and we will use the substitue principal. For a 1.5 million I can’t own what I wnat in La Jolla, but I could probably buy and renevate in PB.
Take a look at parts of Oceanside and it is incredible what they have constructed up there. People who are leaving San Diego are from the lower income status. People coming in have made their moneyd elsewhere. There are currently about 300 listing in La Jolla with interest lists of about 100K. People are eye balling the region.
What is the job base of Sedona Arizone. Not much yet the area has moe thqan its fair share of wealth coming in. Just my 2 cents.
