I look through the comments sometimes, to amuse/sadden myself, and I just had to point out this one:
The housing price boom was simply a matter of the nation discovering how great san diego is. And it all got started way back when we hosted the first superbowl. After that people began to pour into this city, creating a housing shortage. MTV filmed spring break here. More and more national attention was here. Housing prices will never drop 50%, people still want to live in this city…so there will always be a market for houses.
That’s right: all those rich people (with plenty of money to burn on houses) had never heard of San Diego until it was on MTV’s Real World. I guess that Real World must have proceeded up and down the East and West coasts, and into Vegas and Phoenix, and sparked housing bubbles in all those cities too.
