Upper MId to Lower High End Market in NCC

[bearishgurl]

Just a little background. I just checked and it was 1986, NOT 1988 that Encinitas became incorporated, wrapping three other uninc communities in with it. After this happened, I would assume that when the residents in Encinitas, as well as those residing in its “annexed in” adjacent communities officially got “on the map” they recieved a lot more services together than individually, i.e. street lights, sidewalks, storm drains, clout to bargain for flood control, consolidated fire district, etc. After this happened, the “City of Encinitas” allowed tract builders to come into the “proper” AND the “annexations” to build and thus shore up their tax base. It was at that time when the new tracts came in that the property values there began to climb.

I worked for a large organization in the early 80’s and had dtn SD co-workers who commuted from Encinitas, Cardiff, Leucadia and Olivenhain. One was a horsewoman who lived on a ranch. I remember her going out on disability for a few months and we all signed a card and sent it to her. I’m almost positive she had a Vista P.O. box at that time. I don’t think there was mail delivery in Encinitas east of the 5 until it became incorporated (or thereabouts). Perhaps there is another Pigg who lived there at the time and can help in this regard.

I just remember Cardiff and Leucadia having small trailer parks on and also across the st from the beach and stopping for split pea soup somewhere on the road around there. IIRC, there was a very small Safeway in Cardiff (later Vons). The rest were little mom/pop markets along that whole stretch of Pac Hwy. I’ve got a 1975 (or ’77) SD County Thomas Guide somewhere (quite thin) . . . just have to locate it . . . lol.

[sdrealtor]

BG
Who said it was incorporated in 1988? Also most of the tract homes in 92024 were built prior to 1986 and there was very little in the way of new tract home building again until the late 90’s early 2000’s.

BTW, I have a very good friend in his 50’s who grew up in Encinitas and his family operated the a very famous store in town for decades. My next door neighbor grew up here also and she is in her late 40’s. Her grandmother lived in old encinitas since the turn of the century. All I have to do is knock on the my neighbors door and I can find out anything you want to know.

[sdrealtor]

BG
Who said it was incorporated in 1988? Also most of the tract homes in 92024 were built prior to 1986 and there was very little in the way of new tract home building again until the late 90’s early 2000’s.

BTW, I have a very good friend in his 50’s who grew up in Encinitas and his family operated the a very famous store in town for decades. My next door neighbor grew up here also and she is in her late 40’s. Her grandmother lived in old encinitas since the turn of the century. All I have to do is knock on the my neighbors door and I can find out anything you want to know.

[sdrealtor]

BG
Who said it was incorporated in 1988? Also most of the tract homes in 92024 were built prior to 1986 and there was very little in the way of new tract home building again until the late 90’s early 2000’s.

BTW, I have a very good friend in his 50’s who grew up in Encinitas and his family operated the a very famous store in town for decades. My next door neighbor grew up here also and she is in her late 40’s. Her grandmother lived in old encinitas since the turn of the century. All I have to do is knock on the my neighbors door and I can find out anything you want to know.

[sdrealtor]

BG
Who said it was incorporated in 1988? Also most of the tract homes in 92024 were built prior to 1986 and there was very little in the way of new tract home building again until the late 90’s early 2000’s.

BTW, I have a very good friend in his 50’s who grew up in Encinitas and his family operated the a very famous store in town for decades. My next door neighbor grew up here also and she is in her late 40’s. Her grandmother lived in old encinitas since the turn of the century. All I have to do is knock on the my neighbors door and I can find out anything you want to know.

[sdrealtor]

BG
Who said it was incorporated in 1988? Also most of the tract homes in 92024 were built prior to 1986 and there was very little in the way of new tract home building again until the late 90’s early 2000’s.

BTW, I have a very good friend in his 50’s who grew up in Encinitas and his family operated the a very famous store in town for decades. My next door neighbor grew up here also and she is in her late 40’s. Her grandmother lived in old encinitas since the turn of the century. All I have to do is knock on the my neighbors door and I can find out anything you want to know.

[sdrealtor]

CAR
Hate to say it but your response is a pretty stunning reversal from your prior position that this area was always well known and nothing much has changed here. The 150% increase in median income since 1988 is pretty strong evidence that this area has changed quite a bit. I wonder how much the SD County median HH income changed over that time?

update: I found a 1990 median income number of $39,800 for SD County and a 2008 median income of about $64,800. Thats a 62% increase over roughly the same period and nowhere near the 150% increase for 92024. I’d say that is a pretty remarkable demographic shift.

[sdrealtor]

CAR
Hate to say it but your response is a pretty stunning reversal from your prior position that this area was always well known and nothing much has changed here. The 150% increase in median income since 1988 is pretty strong evidence that this area has changed quite a bit. I wonder how much the SD County median HH income changed over that time?

update: I found a 1990 median income number of $39,800 for SD County and a 2008 median income of about $64,800. Thats a 62% increase over roughly the same period and nowhere near the 150% increase for 92024. I’d say that is a pretty remarkable demographic shift.

[sdrealtor]

CAR
Hate to say it but your response is a pretty stunning reversal from your prior position that this area was always well known and nothing much has changed here. The 150% increase in median income since 1988 is pretty strong evidence that this area has changed quite a bit. I wonder how much the SD County median HH income changed over that time?

update: I found a 1990 median income number of $39,800 for SD County and a 2008 median income of about $64,800. Thats a 62% increase over roughly the same period and nowhere near the 150% increase for 92024. I’d say that is a pretty remarkable demographic shift.

[sdrealtor]

CAR
Hate to say it but your response is a pretty stunning reversal from your prior position that this area was always well known and nothing much has changed here. The 150% increase in median income since 1988 is pretty strong evidence that this area has changed quite a bit. I wonder how much the SD County median HH income changed over that time?

update: I found a 1990 median income number of $39,800 for SD County and a 2008 median income of about $64,800. Thats a 62% increase over roughly the same period and nowhere near the 150% increase for 92024. I’d say that is a pretty remarkable demographic shift.

[sdrealtor]

CAR
Hate to say it but your response is a pretty stunning reversal from your prior position that this area was always well known and nothing much has changed here. The 150% increase in median income since 1988 is pretty strong evidence that this area has changed quite a bit. I wonder how much the SD County median HH income changed over that time?

update: I found a 1990 median income number of $39,800 for SD County and a 2008 median income of about $64,800. Thats a 62% increase over roughly the same period and nowhere near the 150% increase for 92024. I’d say that is a pretty remarkable demographic shift.

[CA renter]

[quote=sdrealtor]CAR
Hate to say it but your response is a pretty stunning reversal from your prior position that this area was always well known and nothing much has changed here. The 150% increase in median income since 1988 is pretty strong evidence that this area has changed quite a bit. I wonder how much the SD County median HH income changed over that time?

update: I found a 1990 median income number of $39,800 for SD County and a 2008 median income of about $64,800. Thats a 62% increase over roughly the same period and nowhere near the 150% increase for 92024. I’d say that is a pretty remarkable demographic shift.[/quote]

I didn’t say that things didn’t change in micro-markets, just that the beach has always been here, and the weather has always been similar, etc. I’ve usually mentioned this in response to SD County as a whole, but it also applies to the sub-markets. These are the reasons given by everyone who claims that it should be expensive here because of the beach.

Do infrastructure and demographic shifts affect prices? Absolutely! I’m just saying that things didn’t suddenly change in 2001 (most of the improvements I mentioned were here by then). It’s not like Encinitas/South Carlsbad suddenly became immune to what was going on in all the other markets across the country and around the world.

It was a **credit bubble** that pushed prices up, in the aggregate, in the 2001-2007 period. Different areas turn at different times, and some areas will lose value for other reasons while other areas gain value for other reasons. I’m fully convinced that if not for all the stimulus, foreclosure moratoriums/foreclosure avoidance programs, accounting changes, artificially suppressed interest rates, etc. this area would be down at least 25% from where it currently is.

[CA renter]

[quote=sdrealtor]CAR
Hate to say it but your response is a pretty stunning reversal from your prior position that this area was always well known and nothing much has changed here. The 150% increase in median income since 1988 is pretty strong evidence that this area has changed quite a bit. I wonder how much the SD County median HH income changed over that time?

update: I found a 1990 median income number of $39,800 for SD County and a 2008 median income of about $64,800. Thats a 62% increase over roughly the same period and nowhere near the 150% increase for 92024. I’d say that is a pretty remarkable demographic shift.[/quote]

I didn’t say that things didn’t change in micro-markets, just that the beach has always been here, and the weather has always been similar, etc. I’ve usually mentioned this in response to SD County as a whole, but it also applies to the sub-markets. These are the reasons given by everyone who claims that it should be expensive here because of the beach.

Do infrastructure and demographic shifts affect prices? Absolutely! I’m just saying that things didn’t suddenly change in 2001 (most of the improvements I mentioned were here by then). It’s not like Encinitas/South Carlsbad suddenly became immune to what was going on in all the other markets across the country and around the world.

It was a **credit bubble** that pushed prices up, in the aggregate, in the 2001-2007 period. Different areas turn at different times, and some areas will lose value for other reasons while other areas gain value for other reasons. I’m fully convinced that if not for all the stimulus, foreclosure moratoriums/foreclosure avoidance programs, accounting changes, artificially suppressed interest rates, etc. this area would be down at least 25% from where it currently is.

[CA renter]

[quote=sdrealtor]CAR
Hate to say it but your response is a pretty stunning reversal from your prior position that this area was always well known and nothing much has changed here. The 150% increase in median income since 1988 is pretty strong evidence that this area has changed quite a bit. I wonder how much the SD County median HH income changed over that time?

update: I found a 1990 median income number of $39,800 for SD County and a 2008 median income of about $64,800. Thats a 62% increase over roughly the same period and nowhere near the 150% increase for 92024. I’d say that is a pretty remarkable demographic shift.[/quote]

I didn’t say that things didn’t change in micro-markets, just that the beach has always been here, and the weather has always been similar, etc. I’ve usually mentioned this in response to SD County as a whole, but it also applies to the sub-markets. These are the reasons given by everyone who claims that it should be expensive here because of the beach.

Do infrastructure and demographic shifts affect prices? Absolutely! I’m just saying that things didn’t suddenly change in 2001 (most of the improvements I mentioned were here by then). It’s not like Encinitas/South Carlsbad suddenly became immune to what was going on in all the other markets across the country and around the world.

It was a **credit bubble** that pushed prices up, in the aggregate, in the 2001-2007 period. Different areas turn at different times, and some areas will lose value for other reasons while other areas gain value for other reasons. I’m fully convinced that if not for all the stimulus, foreclosure moratoriums/foreclosure avoidance programs, accounting changes, artificially suppressed interest rates, etc. this area would be down at least 25% from where it currently is.

[CA renter]

[quote=sdrealtor]CAR
Hate to say it but your response is a pretty stunning reversal from your prior position that this area was always well known and nothing much has changed here. The 150% increase in median income since 1988 is pretty strong evidence that this area has changed quite a bit. I wonder how much the SD County median HH income changed over that time?

update: I found a 1990 median income number of $39,800 for SD County and a 2008 median income of about $64,800. Thats a 62% increase over roughly the same period and nowhere near the 150% increase for 92024. I’d say that is a pretty remarkable demographic shift.[/quote]

I didn’t say that things didn’t change in micro-markets, just that the beach has always been here, and the weather has always been similar, etc. I’ve usually mentioned this in response to SD County as a whole, but it also applies to the sub-markets. These are the reasons given by everyone who claims that it should be expensive here because of the beach.

Do infrastructure and demographic shifts affect prices? Absolutely! I’m just saying that things didn’t suddenly change in 2001 (most of the improvements I mentioned were here by then). It’s not like Encinitas/South Carlsbad suddenly became immune to what was going on in all the other markets across the country and around the world.

It was a **credit bubble** that pushed prices up, in the aggregate, in the 2001-2007 period. Different areas turn at different times, and some areas will lose value for other reasons while other areas gain value for other reasons. I’m fully convinced that if not for all the stimulus, foreclosure moratoriums/foreclosure avoidance programs, accounting changes, artificially suppressed interest rates, etc. this area would be down at least 25% from where it currently is.

[Author]

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