Looks like a socialist paradise. 9 of the top 10 employers here in SD make payroll either directly with your tax dollars or indirectly through government subsidies and insurance. Also note that only one of the top ten employers actually produces anything other than services.
I can’t tell if your joking or not, but recall that jacobs was a faculty member at UCSD when he developed the ‘service’ that became qualcomm’s first ‘product’. Indeed, much of the basic research, innovation, and intellectual property that initially drives start-ups in both the biotech and tech sectors is a direct result of this sort of “socialism”. In any case, socialist or not, the health of the housing market is not likely to be tied to that of qualcomm.