The more I think of it the more I think this will be a boom for coastal real estate. So many Californians dream of living by the beach. If you live in a big home inland this will be your chance. If I could buy a big piece of land and build high end flats (3 story buildings with elevators and units all single level down by the beach in Carlsbad it would be like printing money. Of course there just isnt land to do that but I can dream.