You wrote: "Many of us who have owned property here for years–now free and clear–just don't think about these things… no one I know in La Jolla or other coastal areas is buying or selling, so until friends asked our opinion about buying in the near future, we hadn't given it much thought."
Hasn't the rapid growth in San Diego given you or your other Native friends any concern at all? My family has been in San Diego for decades and decades.. We watch the freeways, streets, (and sewers!) clog up with total disappointment. It may not affect the price of your house, but this bublble certainly has had an effect on your quality of life. Do you agree? Getting into LJ has become an exercise in patience.