[quote=ocrenter] . . . think about it, most of the IT companies are either along the I-15/route-56 junction or at the costal end with Qualcomm. Then you have tons of law firms at the costal end of the 56. The biotech industry are clustered around UCSD. And a bunch of engineering and defense related firms are in Poway and around Miramar.
The 56 corridor is the natural suburb to all of these professional high paying jobs. So it is natural that it becomes the draw. You get professionals with kids into these areas, the schools get the bump up and then it starts drawing in other folks as well. it helps that developers decided to build a bunch of high end homes in the area as well…[/quote]
Based on where the IT and other “professional” job centers are, ocrenter, it appears a newly-transplanted “worker-bee” has MANY choices of “natural suburbs” and “upper income enclaves” in which to live to be even closer to their employment, namely …
Poway
Rancho Penasquitos
Rancho Bernardo
University City
La Jolla
Del Mar
NCC cities
Carmel Valley
Scripps Ranch
Mira Mesa
Tierrasanta
Bay Ho
Clairemont
Pacific Beach
“Worker bee” families are only ONE facet of the RE buyer market. There are several other types of RE buyers. I don’t see “worker bee” families as being the most well-heeled OR the most qualified type of buyer when compared to other types of buyers. In fact, overall, they are probably the hardest type of buyer to qualify for a mortgage, often due to excessive debt load and insufficient downpayments.
In addition, “other folk” buyers do not necessarily pay attention to or are drawn to particular “school API scores” in the “far-flung deserts” of the “56 corridor.”
In fact, a “bunch of high-end homes” and even VERY “high-end homes” can be found in nearly EVERY zip code in the entire county.
I wouldn’t consider 4closure Ranch (with nearly all substandard lots) to consist of predominately “high-end” homes or properties.
You were correct in your earlier post when you stated, “…yes there are other nice pockets in SD, but once an area achieve the status as an upper class enclave, that perception feed on itself and other areas just do not compete.”
“Perception” is all it is but it is often not reality.
