So besides the obvious that the houses directly effected by this will have a serious loss of property values. How will this effect La Jolla in general? What does the wisdom of this board say about this?
It will probably cause all houses in La Jolla to lose some value, if by nothing more than association. But by about how much? Are we talking a couple of percent? Ten percent? Twenty? More? I know no one can give a definitive answer to this, but what are the gut guesses by the folks on piggington to this?