IMO commuting no longer an issue for a lot of people (WFH is looking more and more like a permanent thing at least in my company).
If Old-timers (even those still in working years say 40-50’s) can find say a single Level close by maybe a little inland they may look to cash out.
Just a thought.
LOL “Welcome to NewPorsche Beach – San Diego edition”
I was at an open house in that area about a year or so ago (pre-covid), sales lady asked what I did for a living.
Her reaction was hysterical to me, “Oh you’re just an engineer”