Good luck finding that SFH $165k place in a area along the coast or areas llike MM,RP,Scripps,4s,etc. If that’s your parameters (expecting 92154 pricing in these areas) good luck finding an Real Estate agent who would give you the time and day.
Folks looking for those $150k homes 92154 probably aren’t in the same economic demographics as those folks looking in the aforementioned places listed above. But if 92154 is your cup of tea, go for it. I won’t be competing with you, nor would I think some of those folks looking to buy in the aforementioned places.
Again, SD isn’t exactly like Detroit. Industries here aren’t quite in the bind like GM is. In fact, fortunately, there is more of a diversified employment basis here in SD than Detroit.