OT: Another Relo to San Diego…

[Coronita]

I’ve been seeing a lot of these posts on linkedin.[img_assist|nid=27450|title=sd|desc=|link=node|align=left|width=700|height=536]

[Andrew32]

Anecdotal of course, but in my new construction community in 92011 around 75 of the 123 homes are built. We’ve gotten to know at least 20+ owners, I would say 50% of them relocated from out of town. On my block alone, we have SF, DC, and Denver. There’s also LA, Minnesota, goes on and on.

Could be skewed if out-of-towners overwhelming buy new construction, especially when it was sold from the priority list, which makes the purchase process easier from afar in my opinion.

[Coronita]

not necessarily schewed. I think it’s pretty much across the board…

[sdrealtor]

heading out play some golf ironically with friends from the East Coast who are considering moving here. Up here we have always had a huge number of people relocating here. I don’t think that’s new. What’s new is who and why a lot of these people coming here are. Was at my pool loosening up the joints in the hot tub this morning and met another one of them. I’ll share their story tomorrow when I have time.

[an]

[quote=Andrew32]Anecdotal of course, but in my new construction community in 92011 around 75 of the 123 homes are built. We’ve gotten to know at least 20+ owners, I would say 50% of them relocated from out of town. On my block alone, we have SF, DC, and Denver. There’s also LA, Minnesota, goes on and on.

Could be skewed if out-of-towners overwhelming buy new construction, especially when it was sold from the priority list, which makes the purchase process easier from afar in my opinion.[/quote]
I don’t know if out-of-towners would skew to new construction, given the existence of Redfin, Zillow, Zoom, etc. I would think those out-of-towners who wants to be near city center wouldn’t be considering 92011, while those who don’t care but want new would. I think w/ new homes, it’s easier to gather data, since everyone on your street is brand new in owner in the development, while older neighborhoods, you don’t have the ability to gather that kind of data.

[Coronita]

The other thing that is interesting is that it seems like people fed up with working are a traditional butt-in-your-office-seat are quiting and doing freelancing…

https://www.businesswire.com/news/home/20210803005228/en/Up-to-10-Million-Americans-Turn-to-Freelancing-Amid-The-Great-Resignation-Upwork-Report-Finds

Up to 10 Million Americans Turn to Freelancing Amid The Great Resignation, Upwork Report Finds

SAN FRANCISCO,–(BUSINESS WIRE)–Upwork Inc. (Nasdaq: UPWK), the world’s work marketplace, today released a new research report, “The Great Resignation: From Full-time to Freelance,” which explores why American professionals are leaving their current full-time roles. Utilizing survey data from 4,000 Americans, the report finds that 20%, or 10 million Americans, are considering freelancing to work remotely and gain more flexibility.

As some businesses return to the office, the report finds that many professionals are not willing to sacrifice the ability to work remotely. 17% of professionals — or approximately 9 million workers — working remotely during the pandemic would consider looking for another job if they have to go back to the office. With this rising interest in a more flexible work arrangement outside the office, professionals are not only considering other full-time jobs to stay remote, but freelancing as well. Among those who are definitely planning on quitting, 52% are considering freelancing.

“Many professionals are not happy about the prospects of returning to the office after the pandemic, and are looking for more remote and flexible options,” says Upwork Chief Economist, Adam Ozimek. “Freelancing has always been a career path that provides these benefits more than traditional full-time jobs. Our report indicates that this heightened interest in freelancing is likely to expand the size of the freelance workforce.”

[Anonymous]

Uh, San Diego has always been a transplant city. Nothing revolutionary happening here, other than 10+ years ago the transplants didn’t announce their moves on Facebook or Linkein.

Regarding freelancing and working from home/remote, no shit who wouldn’t want to do this given the choice? But reality will set in for the majority of folks who don’t necessarily have the leverage to force that on their employers.

[sdrealtor]

[quote=deadzone]Uh, San Diego has always been a transplant city. Nothing revolutionary happening here, other than 10+ years ago the transplants didn’t announce their moves on Facebook or Linkein.

Regarding freelancing and working from home/remote, no shit who wouldn’t want to do this given the choice? But reality will set in for the majority of folks who don’t necessarily have the leverage to force that on their employers.[/quote]

As mentioned above the first half of this is correct. We have always had a large share of people relocating here for work. The second half is what is different.

I love talking to people in every day life and hearing their stories. I do it almost every day multple times. Its why I think I might enjoy driving uber some day to meet lots of interesting people and hear their stories. That would be fun for me.

I live in an active social community and meet lots of new folks all the time. The stories have always been overwhelmingly we moved here for work. Now the stories are overwhelmingly we always wanted to live here and now we can. Ive met numerous folks working remotely and living here by choice. Not just engineers but also executives, freelancers, business owners running businesses far away and more.

Yesterday morning met a guy who moved down a few months ago from Silicon Valley. Spent the last decade plus at one of the FAANG companies. Shares are up more than 50X since he started there. Most of that the last few years. Left his job and taking a year off to spend with his young kids. Already loves it here and said they’ll never leave. Non-stop visitors from Silly Valley. Still owns the house there and plans to sell that in 2 years while he can still take cap gain exclusion. Knows he can easily get a job with his experience anywhere he lives whether remotely or not if he decides to go back to work. Doesnt have to.

Ive been having conversations with people that way in my daily life for more than 20 years here. Nearly everyday I meet people with stories that are far different than what I had been hearing the last 2 decades. The world has changed and even moreso around here

[Anonymous]

[quote=sdrealtor][quote=deadzone]Uh, San Diego has always been a transplant city. Nothing revolutionary happening here, other than 10+ years ago the transplants didn’t announce their moves on Facebook or Linkein.

Regarding freelancing and working from home/remote, no shit who wouldn’t want to do this given the choice? But reality will set in for the majority of folks who don’t necessarily have the leverage to force that on their employers.[/quote]

As mentioned above the first half of this is correct. We have always had a large share of people relocating here for work. The second half is what is different.

I love talking to people in every day life and hearing their stories. I do it almost every day multple times. Its why I think I might enjoy driving uber some day to meet lots of interesting people and hear their stories. That would be fun for me.

I live in an active social community and meet lots of new folks all the time. The stories have always been overwhelmingly we moved here for work. Now the stories are overwhelmingly we always wanted to live here and now we can. Ive met numerous folks working remotely and living here by choice. Not just engineers but also executives, freelancers, business owners running businesses far away and more.

Yesterday morning met a guy who moved down a few months ago from Silicon Valley. Spent the last decade plus at one of the FAANG companies. Shares are up more than 50X since he started there. Most of that the last few years. Left his job and taking a year off to spend with his young kids. Already loves it here and said they’ll never leave. Non-stop visitors from Silly Valley. Still owns the house there and plans to sell that in 2 years while he can still take cap gain exclusion. Knows he can easily get a job with his experience anywhere he lives whether remotely or not if he decides to go back to work. Doesnt have to.

Ive been having conversations with people that way in my daily life for more than 20 years here. Nearly everyday I meet people with stories that are far different than what I had been hearing the last 2 decades. The world has changed and even moreso around here[/quote]

yes perhaps due to the pandemic and (temporary for most) work from home situation it may have motivated some folks who always wanted to move to SD to accelerate their plans. But I also expect this to be a temporary trend like any other pandemic related change.
Long term, it will take strong growth in high paying industry to keep prices high here. Cost of living is still major negative for people choosing to relocate to SD for remote work. Unless you are coming from Bay area or a select few other cities SD prices are problematic.

[Coronita]

.

[Anonymous]

Maybe, only time will tell. But you are assuming the remote work option becomes permanent for a large portion of the population. And further that they will decide to move to San Diego when in theory they could live anywhere in the world, including many nice places with much lower cost of living.

[sdrealtor]

A lot of people have and make a lot more money lots of places than you seem to grasp. Just spent two days golfing with a couple just like that. What we take for granted every day they marvel at. Then I shared a bottle of wine with a friend that is a retired tech CEO / founder from Silicon Valley who is very active in private equity and Angel investing here. His group looks at what is already in place here and see amazing things coming in. Life sciences, tech, pharma etc. They can’t believe it’s taken this long for SD to really step on the worldwide stage front and center for incubating leading edge companies. They are anticipating great things here also. This isn’t coming from someone sitting on the sidelines but rather someone right in the middle of it all

[Anonymous]

[quote=sdrealtor]A lot of people have and make a lot more money lots of places than you seem to grasp. Just spent two days golfing with a couple just like that. What we take for granted every day they marvel at. Then I shared a bottle of wine with a friend that is a retired tech CEO / founder from Silicon Valley who is very active in private equity and Angel investing here. His group looks at what is already in place here and see amazing things coming in. Life sciences, tech, pharma etc. They can’t believe it’s taken this long for SD to really step on the worldwide stage front and center for incubating leading edge companies. They are anticipating great things here also. This isn’t coming from someone sitting on the sidelines but rather someone right in the middle of it all[/quote]

Yes I grasp that there is enormous wealth all over the world, always has been. What you don’t grasp is that San Diego isn’t the epicenter. Rich people have had the opportunity to move or invest in San Diego for decades. The work at home thing is not going to be long term driver of SD economy. Actual high paying industry jobs are what will keep San Diego moving higher, not the temporary phenomenon of remote workers moving here. Again, given the entire world to choose from to remote work, San Diego isn’t likely the top destination. Particularly not your precious North County tract home suburbia neighborhoods.

[sdrealtor]

I fully grasp that nor do I think it has to be. To the contrary some very smart, wealthy and influential folks think it’s on its way to being one of them. You look at things too black and white IMO. It’s not one thing it’s the combination of several things. It doesn’t have to be the top destination. I’ve never thought it would be or said that, it just needs to gain market share so to speak which I see happening over time.

SD is building a critical mass of research and development potential far beyond what existed in past decades. Look at all the cranes on the UCSD campus the last 5-10 years. It has grown massively.

I’ve been very fortunate in my life and made many great decisions. Just the same I constantly ask myself what if I’m wrong? It’s not unusual for me to look at the answer to that and bet against myself. Do you ever ask yourself what if I’m wrong and make measured decisions on the results of that?

[sdrealtor]

[quote=deadzone]Maybe, only time will tell. But you are assuming the remote work option becomes permanent for a large portion of the population. And further that they will decide to move to San Diego when in theory they could live anywhere in the world, including many nice places with much lower cost of living.[/quote]

Cheaper isn’t necessarily better. Some value cheaper, some value better

[an]

[quote=sdrealtor][quote=deadzone]Maybe, only time will tell. But you are assuming the remote work option becomes permanent for a large portion of the population. And further that they will decide to move to San Diego when in theory they could live anywhere in the world, including many nice places with much lower cost of living.[/quote]

Cheaper isn’t necessarily better. Some value cheaper, some value better[/quote]
There’s a saying that I love… you get what you paid for.

[an]

[quote=deadzone]yes perhaps due to the pandemic and (temporary for most) work from home situation it may have motivated some folks who always wanted to move to SD to accelerate their plans. But I also expect this to be a temporary trend like any other pandemic related change.
Long term, it will take strong growth in high paying industry to keep prices high here. Cost of living is still major negative for people choosing to relocate to SD for remote work. Unless you are coming from Bay area or a select few other cities SD prices are problematic.[/quote]
You’re assuming that it’s temporary. Does that mean you expect one of the following to happen, since there are currently a lot of companies that are hiring remote workers:
1) the company will open office here
2) the company will make remote employee move

If the employee don’t want to move, then the company will fire them all and try to fill those position and retrain those new employees?

[XBoxBoy]

[quote=deadzone]Long term, it will take strong growth in high paying industry to keep prices high here.[/quote]

Don’t count this possibility out. Suppose for a second that your are correct that work from home is a temporary thing. People who have moved here and then are told they have to report back to an office in LA or Silicon Valley. What do they do? You seem to assume they move back. I on the other hand assume they quit and start their own companies here in SD. Some of these companies will fail, but some will succeed. We could have the next Google, or Facebook, or Apple, here in SD. There is no reason those types of companies have to be in Silicon Valley.

[sdrealtor]

[quote=XBoxBoy][quote=deadzone]Long term, it will take strong growth in high paying industry to keep prices high here.[/quote]

Don’t count this possibility out. Suppose for a second that your are correct that work from home is a temporary thing. People who have moved here and then are told they have to report back to an office in LA or Silicon Valley. What do they do? You seem to assume they move back. I on the other hand assume they quit and start their own companies here in SD. Some of these companies will fail, but some will succeed. We could have the next Google, or Facebook, or Apple, here in SD. There is no reason those types of companies have to be in Silicon Valley.[/quote]

Exactly. Or two kids in a dorm at UCSD come up with the next tech unicorn. There are so many possible paths to this happening here. Not just one

And skateboarding is blowing up worldwide. The epicenter of talent and industry is right here in Encinitas. One more log on the fire

[an]

[quote=sdrealtor][quote=XBoxBoy][quote=deadzone]Long term, it will take strong growth in high paying industry to keep prices high here.[/quote]

Don’t count this possibility out. Suppose for a second that your are correct that work from home is a temporary thing. People who have moved here and then are told they have to report back to an office in LA or Silicon Valley. What do they do? You seem to assume they move back. I on the other hand assume they quit and start their own companies here in SD. Some of these companies will fail, but some will succeed. We could have the next Google, or Facebook, or Apple, here in SD. There is no reason those types of companies have to be in Silicon Valley.[/quote]

Exactly. Or two kids in a dorm at UCSD come up with the next tech unicorn. There are so many possible paths to this happening here. Not just one

And skateboarding is blowing up worldwide. The epicenter of talent and industry is right here in Encinitas. One more log on the fire[/quote]
UCSD is drastically different today than it was 20 years ago much less 40-50 years ago when it was founded. Same goes for SDSU. Biotech is huge here and San Diego is one of the top locations in the nation for that industry. Bioengineering at UCSD is one of the top programs in the nation. UCSD’s other engineering disciplines are top notched as well. So, I wouldn’t count out what you’re saying as a possibility.

[Coronita]

[quote=sdrealtor][quote=XBoxBoy][quote=deadzone]Long term, it will take strong growth in high paying industry to keep prices high here.[/quote]

Don’t count this possibility out. Suppose for a second that your are correct that work from home is a temporary thing. People who have moved here and then are told they have to report back to an office in LA or Silicon Valley. What do they do? You seem to assume they move back. I on the other hand assume they quit and start their own companies here in SD. Some of these companies will fail, but some will succeed. We could have the next Google, or Facebook, or Apple, here in SD. There is no reason those types of companies have to be in Silicon Valley.[/quote]

Exactly. Or two kids in a dorm at UCSD come up with the next tech unicorn. There are so many possible paths to this happening here. Not just one

And skateboarding is blowing up worldwide. The epicenter of talent and industry is right here in Encinitas. One more log on the fire[/quote]

Some of the people that relocate here clearly have plenty of fuck you money and never need to work again at a traditional “job”, especially from the bay area.

Irwin Jacobs started Linkabit and then Qualcomm here in San Diego because he liked San Diego. Talent pool came here.

I moved back from the bay area to here in the early 2000’s as burnt out techie that wanted to have a better QOL. The comp package earned there allowed me to purchase where I live here, and I’ve managed to find good opportunity here a numerous of times that wasn’t that far off in comps from up there. (Then again, I never asked very a ridiculous comp package up there to begin with).

San Diego has one big advantage that people haven’t thought about. It’s a 1.5 hour flight away to Silly Valley. There was a period of time I was working up there and flying down here over the weekend and flying back up on a Monday morning. I use to book 5 months worth of Southwest flights every week and if I cancelled my trip up there, I would just roll the credit into the next flight. Even if some sort of hybrid model does go into effect, it’s totally doable with a bay area company, because frankly many people have done this well before covid economy started (inclusive).

[Anonymous]

[quote=sdrealtor][quote=XBoxBoy][quote=deadzone]Long term, it will take strong growth in high paying industry to keep prices high here.[/quote]

Don’t count this possibility out. Suppose for a second that your are correct that work from home is a temporary thing. People who have moved here and then are told they have to report back to an office in LA or Silicon Valley. What do they do? You seem to assume they move back. I on the other hand assume they quit and start their own companies here in SD. Some of these companies will fail, but some will succeed. We could have the next Google, or Facebook, or Apple, here in SD. There is no reason those types of companies have to be in Silicon Valley.[/quote]

Exactly. Or two kids in a dorm at UCSD come up with the next tech unicorn. There are so many possible paths to this happening here. Not just one

And skateboarding is blowing up worldwide. The epicenter of talent and industry is right here in Encinitas. One more log on the fire[/quote]

Skateboarding? Seriously? Skateboarding blew up in the 70s FYI.

[sdrealtor]

[quote=deadzone][quote=sdrealtor][quote=XBoxBoy][quote=deadzone]Long term, it will take strong growth in high paying industry to keep prices high here.[/quote]

Don’t count this possibility out. Suppose for a second that your are correct that work from home is a temporary thing. People who have moved here and then are told they have to report back to an office in LA or Silicon Valley. What do they do? You seem to assume they move back. I on the other hand assume they quit and start their own companies here in SD. Some of these companies will fail, but some will succeed. We could have the next Google, or Facebook, or Apple, here in SD. There is no reason those types of companies have to be in Silicon Valley.[/quote]

Exactly. Or two kids in a dorm at UCSD come up with the next tech unicorn. There are so many possible paths to this happening here. Not just one

And skateboarding is blowing up worldwide. The epicenter of talent and industry is right here in Encinitas. One more log on the fire[/quote]

Skateboarding? Seriously? Skateboarding blew up in the 70s FYI.[/quote]

So out of touch. It blew up here in the 70s and spread to some urban areas. Now it’s globalizing. Of course it won’t be anything on the scale of tech but up here could be hundreds of millions if not a billion dollar industry far beyond what it is now. It’s one more log on the fire

[scaredyclassic]

I tried to learn on a longboard but just couldn’t get it.

[sdrealtor]

FWIW prior to this year there were 6 sales above $8M in the entire history of Encinitas per MLS. There are 4 closed sales at $8M+ plus in the last 4 months with 2 more in escrow. Things changing quickly up here at all price ranges

[Anonymous]

[quote=sdrealtor]FWIW prior to this year there were 6 sales above $8M in the entire history of Encinitas per MLS. There are 4 closed sales at $8M+ plus in the last 4 months with 2 more in escrow. Things changing quickly up here at all price ranges[/quote]

Yes, we’ve already established the fact that RE prices are going through the roof.
And we know you love to keep cheerleading that fact.

[sdrealtor]

A twig nationwide can be a raging wildfire locally. You just dont get that.

The high end market is very different than the rest of the market. The numbers I posted were similar over $2M, $4M and $6M. The price is kinda irrelavant in many ways in these ranges. Its not that $6M homes are selling for $8M now. They werent selling at lower prices before.

Homes like this are always on the market but in the past there were few buyers for the top of market homes. The top of market homes are selling. Whether they went up 10, 20 or 30% is besides the point. I dont care whether they went up or not. There is a new breed of buyer coming to this market that was not here before and they are buying homes that would not have found buyers in the past at anything close to the rate they are now no matter what the price was.

[Anonymous]

[quote=sdrealtor]A twig nationwide can be a raging wildfire locally. You just dont get that.

The high end market is very different than the rest of the market. The numbers I posted were similar over $2M, $4M and $6M. The price is kinda irrelavant in many ways in these ranges. Its not that $6M homes are selling for $8M now. They werent selling at lower prices before.

Homes like this are always on the market but in the past there were few buyers for the top of market homes. The top of market homes are selling. Whether they went up 10, 20 or 30% is besides the point. I dont care whether they went up or not. There is a new breed of buyer coming to this market that was not here before and they are buying homes that would not have found buyers in the past at anything close to the rate they are now no matter what the price was.[/quote]

Yes because since the pandemic and Fed policy response, the wealthy have become even more wealthy. There is just an enormous amount of wealth and money out there. At the same time Encinitas has record selling home prices, there is another new record high selling price for a baseball card. The same forces are affecting all asset markets.

[sdrealtor]

Poor analogy. The most valuable baseball cards have always been selling just not at these prices. I grew up with the guy who is selling many of the most valuable of them and has been for a long time.

The most valuable Encinitas real estate always sat and rarely sold. Now it sells. Im not arguing there arent market forces impacting all assets. That impacts the prices things sell for. Its just that a different category of buyers is here now than was here before. They are buying things that were virtually unsellable before at anything close to FMV. Why is that so tough to understand?

Here’s another. Just closed at asking price. two week escrow, all cash. Was sold by the Altman Brothers out of LA from Million Dollar Listing fame. Havent seen them down here before

https://www.zillow.com/homes/410-La-Costa-Ave-Encinitas,-CA-92024_rb/16659529_zpid/

[Anonymous]

No the baseball cards are a good analogy, there is simply an obscene amount of money out there right now. Prior to the pandemic, there was only one sports card that ever sold for over 1 million (T206 Wagner). This year there have been dozens of million dollar sales and multiple cards have sold this year for over 5 million.

[sdrealtor]

You can’t even get your facts straight. That card sold several times for more than $1m and other sportscards have sold over a million prior to this year. It’s a poor analogy and incorrect to boot

[Anonymous]

[quote=sdrealtor]You can’t even get your facts straight. That card sold several times for more than $1m and other sportscards have sold over a million prior to this year. It’s a poor analogy and incorrect to boot[/quote]

Yes different copies of that T206 card sold for over a million previously. All the records have been smashed since 2020.

Not a poor analogy. Stop acting like a know it all just because you have a friend of a cousin who you drink wine with who knows someone who sells sports cards. You don’t know jack squat about this topic. You are clueless if you can’t see a connection.

You are just blinded by your belief that NCC San Diego is so wonderful and popular and trendy that all of the world’s rich want to move there.

[sdrealtor]

That’s not what you said before. You keep moving the goal posts

I know more than you think. My best friends father basically created the sports card memorabilia secondary market industry. I have a handful of close friends that are involved at the highest levels.

Right now there is about a two year backlog to get a card PSA graded. They aren’t even accepting submissions which is the only way to establish value for a card. And they are now taking a large percentage of the graded value instead of a flat fee. The sports card market is incredibly restrained now to basically only previously graded cards. It’s nothing like the housing market

And you continue to make stuff up. I never said any of what you said. What I said is that this area is changing in a fundamental way that is leading its prices to increase faster than the more general market. I understand the general market is being driven by all the factors you cite but there is something going on in addition to that here

unfortunately your negative attitude prevented you from participating in this. you must be lots of fun at parties

[Anonymous]

[quote=sdrealtor]
unfortunately your negative attitude prevented you from participating in this. you must be lots of fun at parties[/quote]

Actually my baseball card collection is up big time so unlike you I did participate in this. Too bad you missed out on the opportunity of a lifetime to get in on it too. Since you have friends in the industry you should have known it was going to explode.

[Coronita]

[quote=deadzone][quote=sdrealtor]
unfortunately your negative attitude prevented you from participating in this. you must be lots of fun at parties[/quote]

Actually my baseball card collection is up big time so unlike you I did participate in this. Too bad you missed out on the opportunity of a lifetime to get in on it too. Since you have friends in the industry you should have known it was going to explode.[/quote]

People tend to invest in things they know about and are comfortable with…but usually don’t throw shades on things they don’t know or don’t understand or don’t invest in. That’s sour grapes. I don’t think anyone here is throwing shades at baseball cards.

[sdrealtor]

[quote=deadzone][quote=sdrealtor]
unfortunately your negative attitude prevented you from participating in this. you must be lots of fun at parties[/quote]

Actually my baseball card collection is up big time so unlike you I did participate in this. Too bad you missed out on the opportunity of a lifetime to get in on it too. Since you have friends in the industry you should have known it was going to explode.[/quote]

Missed nothing. Im loaded with many rare cards. Mantle RC, Ryan/Koosman RC, Alcindor (Kareem) RC among others. Hope your’s are PSA graded. If not you are SOL

[Anonymous]

[quote=sdrealtor][quote=deadzone][quote=sdrealtor]
unfortunately your negative attitude prevented you from participating in this. you must be lots of fun at parties[/quote]

Actually my baseball card collection is up big time so unlike you I did participate in this. Too bad you missed out on the opportunity of a lifetime to get in on it too. Since you have friends in the industry you should have known it was going to explode.[/quote]

Missed nothing. Im loaded with many rare cards. Mantle RC, Ryan/Koosman RC, Alcindor (Kareem) RC among others. Hope your’s are PSA graded. If not you are SOL[/quote]

If you actually own a Mantle rookie 52 topps, my hats off to you. I for one am a collector, not investor. I don’t collect graded cards in slabs, very unattractive. I do realize it is necessary these days in order to sell ultra high dollar cards. But pretty much ruined the hobby in my opinion.

[sdrealtor]

[quote=deadzone][quote=sdrealtor][quote=deadzone][quote=sdrealtor]
unfortunately your negative attitude prevented you from participating in this. you must be lots of fun at parties[/quote]

Actually my baseball card collection is up big time so unlike you I did participate in this. Too bad you missed out on the opportunity of a lifetime to get in on it too. Since you have friends in the industry you should have known it was going to explode.[/quote]

Missed nothing. Im loaded with many rare cards. Mantle RC, Ryan/Koosman RC, Alcindor (Kareem) RC among others. Hope your’s are PSA graded. If not you are SOL[/quote]

If you actually own a Mantle rookie 52 topps, my hats off to you. I for one am a collector, not investor. I don’t collect graded cards in slabs, very unattractive. I do realize it is necessary these days in order to sell ultra high dollar cards. But pretty much ruined the hobby in my opinion.[/quote]

Same here. The cards are in good condition as to have real value but nowhere near good enough to be worth anything close to the ones on top condition. They are just cool things I like having. My dad sold cracker jacks at Forbes Field in the Mid 30’s. I have a one of a kind collection of autographed photos he got of the 35′ Pirates. There are a few Hall of famers on the team. No one in my family really appreciates them. Some day I want to donate them to the team with the stipulation they create a display of them and credit my father by name. That would be a cool way to honor his memory

[Anonymous]

[quote=sdrealtor]

Same here. The cards are in good condition as to have real value but nowhere near good enough to be worth anything close to the ones on top condition. They are just cool things I like having. My dad sold cracker jacks at Forbes Field in the Mid 30’s. I have a one of a kind collection of autographed photos he got of the 35′ Pirates. There are a few Hall of famers on the team. No one in my family really appreciates them. Some day I want to donate them to the team with the stipulation they create a display of them and credit my father by name. That would be a cool way to honor his memory[/quote]

That’s awesome what you got handed down from your dad. My knowledge (and collecting focus) is mostly post WW2 era so don’t know much of the Players from that period other than what I read in “Glory of their Times”.
I actually have an interest in mid-Century Pirates for some reason even though I’ve never even been to Pittsburgh. I got my son into writing to retired players a few years ago and one of the players he wrote to was Bob Skinner (starter on the 1960 WS Pirates) who lives in PB at last note. We got a nice signed photo of Bob when he was the Phillies Manager.

[sdrealtor]

[img_assist|nid=27454|title=Big Poison and Little Poison|desc=|link=node|align=left|width=100|height=75]

Paul and Lloyd Waner aka Big Poison and Little Poison. Both HOFers

My dad was a big sports fan. His college roommate was Johnny Most the legendary Celtics announcer. When they came to play the Sixers we’d sit in the press box with him during games. He taught me to curse

[Anonymous]

[quote=sdrealtor][img_assist|nid=27454|title=Big Poison and Little Poison|desc=|link=node|align=left|width=100|height=75]

Paul and Lloyd Waner aka Big Poison and Little Poison. Both HOFers

My dad was a big sports fan. His college roommate was Johnny Most the legendary Celtics announcer. When they came to play the Sixers we’d sit in the press box with him during games. He taught me to curse[/quote]

Thanks for sharing, those are some real treasures. Paul Waner was one of the ballplayers interviewed for Glory of Their Times, terrific book.

[flyer]

This reminds me I need to take a look at my Dad’s collection. Also a big sports fan when he was with us, and into everything. Everyone in the family had to play at least two sports, musical instruments, and list goes on an on. Great memories.

[flyer]

Dupe

[sdrealtor]

[quote=deadzone][quote=sdrealtor][img_assist|nid=27454|title=Big Poison and Little Poison|desc=|link=node|align=left|width=100|height=75]

Paul and Lloyd Waner aka Big Poison and Little Poison. Both HOFers

My dad was a big sports fan. His college roommate was Johnny Most the legendary Celtics announcer. When they came to play the Sixers we’d sit in the press box with him during games. He taught me to curse[/quote]

Thanks for sharing, those are some real treasures. Paul Waner was one of the ballplayers interviewed for Glory of Their Times, terrific book.[/quote]

I checked the envelope I keep them in and it was actually the ’37 Pirates. That would make my dad 13 yrs old when he got these. The shame is Honus Wagner was a coach on that team but he did not get one of him.

[Anonymous]

[quote=sdrealtor][quote=deadzone][quote=sdrealtor][img_assist|nid=27454|title=Big Poison and Little Poison|desc=|link=node|align=left|width=100|height=75]

Paul and Lloyd Waner aka Big Poison and Little Poison. Both HOFers

My dad was a big sports fan. His college roommate was Johnny Most the legendary Celtics announcer. When they came to play the Sixers we’d sit in the press box with him during games. He taught me to curse[/quote]

Thanks for sharing, those are some real treasures. Paul Waner was one of the ballplayers interviewed for Glory of Their Times, terrific book.[/quote]

I checked the envelope I keep them in and it was actually the ’37 Pirates. That would make my dad 13 yrs old when he got these. The shame is Honus Wagner was a coach on that team but he did not get one of him.[/quote]

Speaking of Honus Wagner, just saw in the news that once again a new record high card sale, this time for a T206. Exact same card that sold for 1.2 million in 2012 just sold for 6.6 million. Nice 500% gain in 9 years.

Just another example of the speculative froth in the economy. Are baseball cards all of a sudden so much more desirable? I don’t think so. Just too much wealth in the economy and nowhere to invest the money thanks to the Fed.

[EconProf]

Lots of fun anecdotes here about skateboarding, baseball cards, and relocations of rich people to San Diego’s coastal areas. But yesterday a factoid came out from the Hoover Institute of Stanford University that is more relevant to RE trends. CA has lost more businesses to other states so far this year than all of last year: 74 so far in 2021 vs. 62 in all of 2020. So the exodus of people (as per Census Bureau) and businesses is accelerating.
San Diego’s advantages for the wealthy elite will always make it a destination for the refugees from LA and the Bay area, pushing up prices in desirable neighborhoods. But it is still in CA, where governmental policies continue to drive away businesses and people.

[Coronita]

[quote=EconProf]Lots of fun anecdotes here about skateboarding, baseball cards, and relocations of rich people to San Diego’s coastal areas. But yesterday a factoid came out from the Hoover Institute of Stanford University that is more relevant to RE trends. CA has lost more businesses to other states so far this year than all of last year: 74 so far in 2021 vs. 62 in all of 2020. So the exodus of people (as per Census Bureau) and businesses is accelerating.
San Diego’s advantages for the wealthy elite will always make it a destination for the refugees from LA and the Bay area, pushing up prices in desirable neighborhoods. But it is still in CA, where governmental policies continue to drive away businesses and people.[/quote]

G23…

BINGO!

[sdrealtor]

Guess the heat is getting to you and you couldn’t stay away. Welcome back!

Is that a net number or simply those that left? If it’s only those that left, well you know it’s meaningless without knowing how many came. I keep seeing new businesses popping up everywhere around town which is what those of us in SD care about.

The demise of CA is oft reported. It’s the conservatives favorite trope to trot out in the news every few months. Has been for decades

If we were on the east coast comparing SD to bay area would be like comparing Philadelphia to Charleston South Carolina

[XBoxBoy]

[quote=EconProf]But yesterday a factoid came out from the Hoover Institute of Stanford University that is more relevant to RE trends. CA has lost more businesses to other states so far this year than all of last year: 74 so far in 2021 vs. 62 in all of 2020. So the exodus of people (as per Census Bureau) and businesses is accelerating.[/quote]

Honestly, truth be told, I hope a lot more people and companies leave. It would make me very happy to have fewer people in San Diego. (It would also make the ridiculous rise in house prices slow which I would like.)

Unfortunately, from everything I see, people aren’t leaving, house prices are still rising, and California still seems to be the land of opportunity. I wish it wasn’t so, but it does seem to be that way.

[Reality]

[quote=sdrealtor]

Its just that a different category of buyers is here now than was here before. They are buying things that were virtually unsellable before at anything close to FMV.
[/quote]

Care to re-phrase? Everything always is sellable at FMV.

Now if you mean what you think it’s worth that’s another thing entirely.

[sdrealtor]

To a point. If no one will pay the price it’s not worth it in theory. Semantics aside It comes down to a ready, willing and able buyer and seller. The prime most valuable beach properties are almost all under long term strong ownership. If there aren’t buyers for the prime beachfront homes the sellers will just sit on them. They can make bank renting them. I understand your objection to the use of FMV and appreciate it to some degree. However those properties only get listed and sell when the conditions are favorable

[Anonymous]

[quote=sdrealtor][quote=deadzone][quote=sdrealtor][quote=XBoxBoy][quote=deadzone]Long term, it will take strong growth in high paying industry to keep prices high here.[/quote]

Don’t count this possibility out. Suppose for a second that your are correct that work from home is a temporary thing. People who have moved here and then are told they have to report back to an office in LA or Silicon Valley. What do they do? You seem to assume they move back. I on the other hand assume they quit and start their own companies here in SD. Some of these companies will fail, but some will succeed. We could have the next Google, or Facebook, or Apple, here in SD. There is no reason those types of companies have to be in Silicon Valley.[/quote]

Exactly. Or two kids in a dorm at UCSD come up with the next tech unicorn. There are so many possible paths to this happening here. Not just one

And skateboarding is blowing up worldwide. The epicenter of talent and industry is right here in Encinitas. One more log on the fire[/quote]

Skateboarding? Seriously? Skateboarding blew up in the 70s FYI.[/quote]

So out of touch. It blew up here in the 70s and spread to some urban areas. Now it’s globalizing. Of course it won’t be anything on the scale of tech but up here could be hundreds of millions if not a billion dollar industry far beyond what it is now. It’s one more log on the fire[/quote]

LOL, more like a twig on the fire if anything.
Just because it is in the Olympics doesn’t mean shit. Ping Pong and team handball are in the Olympics too.

Hey have you noticed this really groovy new thing going on at the beach lately? I think it’s called surfing. I predict it’s really going to get big!

[Coronita]

UCSD when I was looking to apply to college was easy to get in decades ago. That isn’t the case anymore. If you have a kid that got into UCSD recently and you live in San Diego. Congrats….That itself was a difficult task.

SDSU is not a joke anymore either. Lots of really good programs out there.

My prediction is Cal State San Marcos is going to get a lot better. My money is San Marcos RE is going to do really well.

I would love it if my kid would be able to get into UCSD.

[an]

[quote=Coronita]UCSD when I was looking to apply to college was easy to get in decades ago. That isn’t the case anymore. If you have a kid that got into UCSD recently and you live in San Diego. Congrats….That itself was a difficult task.

SDSU is not a joke anymore either. Lots of really good programs out there.

My prediction is Cal State San Marcos is going to get a lot better. My money is San Marcos RE is going to do really well.

I would love it if my kid would be able to get into UCSD.[/quote]
SDSU is expanding to Mission Valley and UCSD is expanding downtown. Not only are they getting harder to get in and their academics is getting more and more competitive, they’re also growing physically by leaps and bounds.

Then there’s CSU San Marcos. I agree that it’ll get a lot better and more competitive, they’ll also have a lot of physical room to expand. San Diego as a region is changing. It’s no longer a sleepy beach town like it was 50 years ago.

[sdrealtor]

[quote=an][quote=Coronita]UCSD when I was looking to apply to college was easy to get in decades ago. That isn’t the case anymore. If you have a kid that got into UCSD recently and you live in San Diego. Congrats….That itself was a difficult task.

SDSU is not a joke anymore either. Lots of really good programs out there.

My prediction is Cal State San Marcos is going to get a lot better. My money is San Marcos RE is going to do really well.

I would love it if my kid would be able to get into UCSD.[/quote]
SDSU is expanding to Mission Valley and UCSD is expanding downtown. Not only are they getting harder to get in and their academics is getting more and more competitive, they’re also growing physically by leaps and bounds.

Then there’s CSU San Marcos. I agree that it’ll get a lot better and more competitive, they’ll also have a lot of physical room to expand. San Diego as a region is changing. It’s no longer a sleepy beach town like it was 50 years ago.[/quote]

Agree with all this. Old timers dont see it happening because its happening slowly over time but the direction of this place is clear. We are grabbing market share in many disciplines. The universities in LA and Bay Area have no room to expand like we do down here. The big CSU and UC investments are happening right here. Its amazing to watch if you pay attention

[sdrealtor]

[quote=Coronita]UCSD when I was looking to apply to college was easy to get in decades ago. That isn’t the case anymore. If you have a kid that got into UCSD recently and you live in San Diego. Congrats….That itself was a difficult task.

SDSU is not a joke anymore either. Lots of really good programs out there.

My prediction is Cal State San Marcos is going to get a lot better. My money is San Marcos RE is going to do really well.

I would love it if my kid would be able to get into UCSD.[/quote]

Thx, mine did this year. Im still floored. She did not get into SDSU though as they are pushing North County kids to CSU san marcos which is booming in its own right. In 20 to 30 years thats gonna be a helluva university also

[flyer]

Really enjoy seeing the evolution of the San Diego we have known, loved, and enjoyed to the max for generations. If the current upward trends continue, it appears San Diego will continue to grow into a very elite and coveted destination to live, work, retire etc., etc.–especially with all of the newbies (better late than never) fueling the ascent. This path, of course, will have it’s pros and cons, so it will be interesting to see what the future brings.

[Coronita]

I tried to collect cars, but realized that my wallet and space is too limited. So I had to settle on collecting videos of Evelyn Lin….

[Hobie]

.

[Coronita]

Given how successful Bingo night was at one of the senior centers in Carlsbad… I’m going to have to talk to one of my condo’s HOA board to organize such an event…so that the really bored old lady and dude on the HOA board can find something more productive to do instead of pestering people with random bullshit…

That said. Some of my employees from Mexico City recently decided to move from Mexico City to Utah. They liked it better there because they said the cost of living for them is affordable more so than CA…So a lot of my engineers on my team that currently is in Mexico City is seriously considering relocating to Utah. I think my senior engineer from there just closed escrow on a house. So I can see how it can be appealing to new immigrants moving forward who are just starting out.

They would have done this sooner but the trump administration previously put a hold on a lot of visas along with the pandemic, the embassy was basically shutdown and my engineers couldn’t even get their TN visas renewed. But now that things are opening up again, and visa applications are starting again by the Biden administration, the backlog is receding so we got a lot of folks on TN visas that we are now applying for H1-B status with the eventual move to permanent residence. That’s great news.

So I think EconProf, you are correct. Having a lower cost of living, and housing cost, is beneficial to a lot of peoplem specifically the high tech immigrant workers first starting out looking to plant their seeds in the U.S who can now work remotely. A lot of them figured out it makes more sense to do this in places like UT than CA these days.Over time, I’d expect UT to end up being more diverse as more immigrants starting out find these places are better for their wallets.

[The-Shoveler]

Seriously?

We have a few engineers in Guadalajara but they don’t seem interested in immigrating (but really never asked the so don’t know).

Also agree bingo nights would be much more productive use of the HOA’s board members time LOL.

[Coronita]

[quote=The-Shoveler]Seriously?

We have a few engineers in Guadalajara but they don’t seem interested in immigrating (but really never asked the so don’t know).

Also agree bingo nights would be much more productive use of the HOA’s board members time LOL.[/quote]

Lol my engineers in Mexico city were basically making US wages in Mexico city. so they have been saving like crazy and are in a good financial position to own outright in UT, or close to it. They still want to come to the US because of the opportunity once they have their green card.

[Anonymous]

Under what program do they expect to get a Green card? Going from H1B to green card is not a slam dunk and I think it takes at least 6 years before you can apply. Given the nomadic nature of the modern tech workers as we’ve discussed, probability is pretty low these guys will still be working for your company in 6 years.

[Anonymous]

Mexico City is a very expensive place to live, by the way, if you want to live with US level creature comforts. I think salary would go much further in many areas of the US.

[Coronita]

[quote=deadzone]Mexico City is a very expensive place to live, by the way, if you want to live with US level creature comforts. I think salary would go much further in many areas of the US.[/quote]

My employees say they get a full driver and nanny and their rent is like $200/month for a pretty decent place.

[Anonymous]

[quote=Coronita][quote=deadzone]Mexico City is a very expensive place to live, by the way, if you want to live with US level creature comforts. I think salary would go much further in many areas of the US.[/quote]

My employees say they get a full driver and nanny and their rent is like $200/month for a pretty decent place.[/quote]

Not a chance in hell. You can’t get a place in TJ for anywhere near $200 a month. Or maybe you just made a typo, I think you are missing a 0.

[Coronita]

[quote=deadzone]Mexico City is a very expensive place to live, by the way, if you want to live with US level creature comforts. I think salary would go much further in many areas of the US.[/quote]

H1-B EB-2, typically reserved for Masters/PHD and more heavily skilled people.

Anyway, the guy closed escrow last week and moved in this week. Nice home. Living the american dream…at least a preview to it…pretty happy to be here.

[Anonymous]

[quote=Coronita][quote=deadzone]Mexico City is a very expensive place to live, by the way, if you want to live with US level creature comforts. I think salary would go much further in many areas of the US.[/quote]

H1-B EB-2, typically reserved for Masters/PHD and more heavily skilled people.

Anyway, the guy closed escrow last week and moved in this week. Nice home. Living the american dream…at least a preview to it…pretty happy to be here.[/quote]

Sure, but no guarantee he will ever get a green card, not that it is necessary. Best bet is to marry a US citizen.

[Coronita]

[quote=deadzone][quote=Coronita][quote=deadzone]Mexico City is a very expensive place to live, by the way, if you want to live with US level creature comforts. I think salary would go much further in many areas of the US.[/quote]

H1-B EB-2, typically reserved for Masters/PHD and more heavily skilled people.

Anyway, the guy closed escrow last week and moved in this week. Nice home. Living the american dream…at least a preview to it…pretty happy to be here.[/quote]

Sure, but no guarantee he will ever get a green card, not that it is necessary. Best bet is to marry a US citizen.[/quote]

Yes, i fat fingered. $2k is for house rent + live in nanny + driver + general food/etc.

We pay him about $10% less than an equivalent Senior Engineer here in SD.

As far as visas are concerned. That was a concern with the trump administration, less so under a normal administration. During the Trump days, at my previous company, we had a few people from Spain that had their greencard status put on hold, and then they had visa issues, so they left our company, when back to Spain, and worked for a subsidiary there. But that was more attypical in the high tech field… Lots of Qualcomm engineers started as H1-Bs, and because they can’t go anywhere else for the next 5-6 years ( in the past), they put in their time. At the end of the 5 years they didn’t want to go….because they fully vested their stock grants and were sitting on a very nice stock option/RSU grant. That’s one way to keep employees and not worry about base pay raises. Qualcomm typically had lower than average base pay but the stock grants more than make up for the difference. Also they were on 6 month review cycles and had a hefty bonus. Intuit, use to be the same way also, their annual bonus was 20%+ cash on top of stock. Not sure these days. Illumina has a pretty good package too, though typically they only hire good scientists… not so much the low level IT type work. Also , unlike years past, things are slightly better with the transferability of H1-Bs across employers via an I-129. So H1-B’s to some extent ,are no longer “stuck” at an employer waiting for greencard eligibility, in case it turns out to be a bad employer, closes, etc.

Lots of foreign talent don’t need to “marry” for a greencard. They can make it on their own perfectly fine, and in a lot of ways, probably prefer that. We’re not talking about mail order bridge and grooms here….Besides. the purchasing power of that is less now too with inflation and the rising cost of housing here in the US, lol.

[sdrealtor]

[quote=deadzone][quote=Coronita][quote=deadzone]Mexico City is a very expensive place to live, by the way, if you want to live with US level creature comforts. I think salary would go much further in many areas of the US.[/quote]

H1-B EB-2, typically reserved for Masters/PHD and more heavily skilled people.

Anyway, the guy closed escrow last week and moved in this week. Nice home. Living the american dream…at least a preview to it…pretty happy to be here.[/quote]

Sure, but no guarantee he will ever get a green card, not that it is necessary. Best bet is to marry a US citizen.[/quote]

It’s Utah! He can marry a few!

[svelte]

[quote=sdrealtor]

It’s Utah! He can marry a few![/quote]

Lol. Half of my family tree is Mormon, starting with my great grandparents. As I do genealogy, I’m running into quite a few polygamists. Which is making for some complex family tree diagrams.

I’m also finding my relatives from Idaho and Utah were no saints. Quite a few interesting events back in the late 1800s, early 1900s that were never passed down to me. I’m only now finding out about them through century old newspaper articles.

[sdrealtor]

Yes bingo night at our clubhouse was a rousing success! Although the kids were pissed when some 85 yr old ringer took home the $200 pot with only one $2 card

[barnaby33]

Sure, but no guarantee he will ever get a green card, not that it is necessary. Best bet is to marry a US citizen.

You sure do sell the dream deadzone.
Josh

[The-Shoveler]

Another data point,

We just hired into our group a fully remote worker moving down to SD from San Jose.

(our company is L.A. based)

[Author]

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