In my NODs, I come across many, many places where the NOD is sent to another city, sometimes another state. And I don’t even look at downtown. I imagine there’s a few second vacation homes down there. Also, I remember a while back coming across this lady who had a NOD in La Jolla and OCR said she had a NOD in Vegas. Not a wild leap to think some of our San Diego residents were looking to flip in Vegas during the bubble.
