Sac might be getting hit hard but how about over by the ocean in the bay area? Seems like comparing coastal to inland is apples and oranges.
PR, maybe I am getting old but when I moved to SD in 1993 to work in Sorrento Valley I remember the Wyndam Garden hotel on Mira Mesa Blvd. being the big hotel for the area. I remember when Qualcomm was building A and building B (I worked in building A programming intel 80186 assembly for a mid 30k a year starting salary). I also remember when Trilogy was being sold over in south Carmel Valley. Me and my buddies thought they were crazy to ask 250k for that stuff. It was right on top of each other and on 3 levels. Those were the days. Here we are 15-20 years later and I barely recognize the place. I would have to take a time machine back to the mid 90’s to even remotely get a feel for what the place looked like back then. The other thing I remember from the mid 90’s is that a lot of my friends hated real estate because they bought condos in UTC and were down big on them. Some of them sold at a loss and bought bigger houses in areas like the Ranch in Carlsbad. Pretty smart moves in hindsight.
