jpinpb– Exactly. You won’t hear me suggest San Diego hasn’t been expensive relative to rest of the country for at least as long as I’ve lived here (1978), but that wasn’t my point.
I was talking about this area relative to itself. Hell, this property relative to itself. It was $237 sq/ft. in 2000. By 2004 (a supposedly frothy time in the market, so I’ve been told), it was $502. And if it sells for what everybody seems to think FMV is, it’ll be $558.
