[quote=ocrenter][quote=deadzone]sdr, what evidence do you have that there are more high net worth individuals in SD than 15 years ago? All of your examples are anecdotal. In fact, every example you give could have easily applied to the 1970s, 80s, etc.
Coastal SD got hammered in the 1990s, everyone who believes it can’t happen again have their heads in the sand.[/quote]
dz, I know the comment is meant for sdr. but I’ll just say that I moved to SD 4 years ago and while we do not pick and chose our friends based on whether they are from SD or elsewhere, I would say from my personal experience both counting friends and colleagues at work as well as neighbors, overwhelmingly 90% are all new to SD within the last 15 years. we all ended up settling in premium locations in North County. and I would consider the companies we keep to be predominately in the upper tier of the socioeconomic scale.
as an ex-OCer, let’s just say first impression of SD is VALUE when it comes to real estate. Back in OC we never dreamed we would be able to afford the type of home we are in, but in SD, it is for the picking, and that goes with most of our neighbors and friends as well.
just another prospective, that’s all.[/quote]
Agree- I am in northern Ca. where we don’t pay the sunshine tax and S.D. RE is a relative bargain.
