OT: Another Relo to San Diego…

[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).

[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=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

[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

[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.

[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.

[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

[Author]

Posts