Interesting thing about this thread is that we can have 15 different answers that are all correct, depending on
which submarket (condos, downtown condos, median price, price in specific area) and whether the call is in nominal dollars or real dollars.
My best guesstimate :
For SFR – Central San Diego Median 20% in nominal dollars
by 2009-2010. (assuming 4% inflation, that’s up to ~40% in real dollars).
