Why is San Diego real estate still so expensive?

[an]

[quote=sdcellar]Isn’t the real question, why is San Diego real estate so expensive relative to itself?

I always see these discussions of other cities or San Diego many years ago. What here got so damn much better in the last 8 or 9 years?

I mean I’m buying a house and I _still_ don’t know the answer. I think I blame mostly Qualcomm and maybe the biotechs.[/quote]
Most of us here will agree with you that SD hasn’t gotten that much better over the last 8-9 years, that’s why a lot of us are shooting for 2001-2003 nominal price. We’re saying w/ our checkbook that SD is not “so damn much better” today than 8-9 years ago, if anything, it’s right were it was 8-9 years ago.

[an]

[quote=CA renter]
Essentially, the wages do not appear to be that different, but they are definitely higher in LA, on average.

I bought a house down here in early 1998, and moved down permanently in mid-1999. Things certainly might have changed a bit since then, but I keep in touch with friends and family in LA and visit on a regular basis, and keep up with what’s going on up there. It still seems easier for people to get jobs in LA than in SD, and they do tend to pay better from what I’ve seen.

Also, I keep track of housing in certain parts of LA, and prices for comparable homes/neighborhoods are generally cheaper there than in SD.[/quote]
Thanks for confirming that LA income are only a few % higher than SD, except for Artists, Performers, and Athletes Agents/Managers. BTW, the list of occupation you listed should be shopping for $800k-$1M houses.

Regards to your statement about LA being generally cheaper than SD. Lets be a little more specific. Can you find comparable homes in LA to these properties:

http://www.sdlookup.com/MLS-100033337-14803_Whispering_Ridge_Rd_San_Diego_CA_92131
http://www.sdlookup.com/MLS-100032220-513_N_Cedros_Ave_Solana_Beach_CA_92075
http://www.sdlookup.com/MLS-100023158-992_Santa_Estella_Solana_Beach_CA_92075
http://www.sdlookup.com/MLS-100032440-10822_Penara_St_San_Diego_CA_92126
http://www.sdlookup.com/MLS-100046819-8318_Torrell_Way_San_Diego_CA_92126
http://www.sdlookup.com/MLS-100057827-12218_Picrus_St_San_Diego_CA_92129
http://www.sdlookup.com/MLS-100061023-13713_Torrey_Glenn_Rd_San_Diego_CA_92129
http://www.sdlookup.com/MLS-100061357-7155_Torrey_Mesa_Ct_San_Diego_CA_92129
http://www.sdlookup.com/MLS-100054651-2480_Malibu_Way_Del_Mar_CA_92014
http://www.sdlookup.com/MLS-100065230-4836_Rancho_Viejo_Dr_Del_Mar_CA_92014
http://www.sdlookup.com/MLS-100062754-1061_Misty_Creek_St_Chula_Vista_CA_91913
http://www.sdlookup.com/MLS-100013715-1478_Santa_Sierra_Dr_Chula_Vista_CA_91913

Please keep in mind distance to the beach, distance to downtown (or entertainment), distance to major job center that would support these housing prices, lot size, and view.

[an]

[quote=CA renter]
Essentially, the wages do not appear to be that different, but they are definitely higher in LA, on average.

I bought a house down here in early 1998, and moved down permanently in mid-1999. Things certainly might have changed a bit since then, but I keep in touch with friends and family in LA and visit on a regular basis, and keep up with what’s going on up there. It still seems easier for people to get jobs in LA than in SD, and they do tend to pay better from what I’ve seen.

Also, I keep track of housing in certain parts of LA, and prices for comparable homes/neighborhoods are generally cheaper there than in SD.[/quote]
Thanks for confirming that LA income are only a few % higher than SD, except for Artists, Performers, and Athletes Agents/Managers. BTW, the list of occupation you listed should be shopping for $800k-$1M houses.

Regards to your statement about LA being generally cheaper than SD. Lets be a little more specific. Can you find comparable homes in LA to these properties:

http://www.sdlookup.com/MLS-100033337-14803_Whispering_Ridge_Rd_San_Diego_CA_92131
http://www.sdlookup.com/MLS-100032220-513_N_Cedros_Ave_Solana_Beach_CA_92075
http://www.sdlookup.com/MLS-100023158-992_Santa_Estella_Solana_Beach_CA_92075
http://www.sdlookup.com/MLS-100032440-10822_Penara_St_San_Diego_CA_92126
http://www.sdlookup.com/MLS-100046819-8318_Torrell_Way_San_Diego_CA_92126
http://www.sdlookup.com/MLS-100057827-12218_Picrus_St_San_Diego_CA_92129
http://www.sdlookup.com/MLS-100061023-13713_Torrey_Glenn_Rd_San_Diego_CA_92129
http://www.sdlookup.com/MLS-100061357-7155_Torrey_Mesa_Ct_San_Diego_CA_92129
http://www.sdlookup.com/MLS-100054651-2480_Malibu_Way_Del_Mar_CA_92014
http://www.sdlookup.com/MLS-100065230-4836_Rancho_Viejo_Dr_Del_Mar_CA_92014
http://www.sdlookup.com/MLS-100062754-1061_Misty_Creek_St_Chula_Vista_CA_91913
http://www.sdlookup.com/MLS-100013715-1478_Santa_Sierra_Dr_Chula_Vista_CA_91913

Please keep in mind distance to the beach, distance to downtown (or entertainment), distance to major job center that would support these housing prices, lot size, and view.

[an]

[quote=CA renter]
Essentially, the wages do not appear to be that different, but they are definitely higher in LA, on average.

I bought a house down here in early 1998, and moved down permanently in mid-1999. Things certainly might have changed a bit since then, but I keep in touch with friends and family in LA and visit on a regular basis, and keep up with what’s going on up there. It still seems easier for people to get jobs in LA than in SD, and they do tend to pay better from what I’ve seen.

Also, I keep track of housing in certain parts of LA, and prices for comparable homes/neighborhoods are generally cheaper there than in SD.[/quote]
Thanks for confirming that LA income are only a few % higher than SD, except for Artists, Performers, and Athletes Agents/Managers. BTW, the list of occupation you listed should be shopping for $800k-$1M houses.

Regards to your statement about LA being generally cheaper than SD. Lets be a little more specific. Can you find comparable homes in LA to these properties:

http://www.sdlookup.com/MLS-100033337-14803_Whispering_Ridge_Rd_San_Diego_CA_92131
http://www.sdlookup.com/MLS-100032220-513_N_Cedros_Ave_Solana_Beach_CA_92075
http://www.sdlookup.com/MLS-100023158-992_Santa_Estella_Solana_Beach_CA_92075
http://www.sdlookup.com/MLS-100032440-10822_Penara_St_San_Diego_CA_92126
http://www.sdlookup.com/MLS-100046819-8318_Torrell_Way_San_Diego_CA_92126
http://www.sdlookup.com/MLS-100057827-12218_Picrus_St_San_Diego_CA_92129
http://www.sdlookup.com/MLS-100061023-13713_Torrey_Glenn_Rd_San_Diego_CA_92129
http://www.sdlookup.com/MLS-100061357-7155_Torrey_Mesa_Ct_San_Diego_CA_92129
http://www.sdlookup.com/MLS-100054651-2480_Malibu_Way_Del_Mar_CA_92014
http://www.sdlookup.com/MLS-100065230-4836_Rancho_Viejo_Dr_Del_Mar_CA_92014
http://www.sdlookup.com/MLS-100062754-1061_Misty_Creek_St_Chula_Vista_CA_91913
http://www.sdlookup.com/MLS-100013715-1478_Santa_Sierra_Dr_Chula_Vista_CA_91913

Please keep in mind distance to the beach, distance to downtown (or entertainment), distance to major job center that would support these housing prices, lot size, and view.

[an]

[quote=CA renter]
Essentially, the wages do not appear to be that different, but they are definitely higher in LA, on average.

I bought a house down here in early 1998, and moved down permanently in mid-1999. Things certainly might have changed a bit since then, but I keep in touch with friends and family in LA and visit on a regular basis, and keep up with what’s going on up there. It still seems easier for people to get jobs in LA than in SD, and they do tend to pay better from what I’ve seen.

Also, I keep track of housing in certain parts of LA, and prices for comparable homes/neighborhoods are generally cheaper there than in SD.[/quote]
Thanks for confirming that LA income are only a few % higher than SD, except for Artists, Performers, and Athletes Agents/Managers. BTW, the list of occupation you listed should be shopping for $800k-$1M houses.

Regards to your statement about LA being generally cheaper than SD. Lets be a little more specific. Can you find comparable homes in LA to these properties:

http://www.sdlookup.com/MLS-100033337-14803_Whispering_Ridge_Rd_San_Diego_CA_92131
http://www.sdlookup.com/MLS-100032220-513_N_Cedros_Ave_Solana_Beach_CA_92075
http://www.sdlookup.com/MLS-100023158-992_Santa_Estella_Solana_Beach_CA_92075
http://www.sdlookup.com/MLS-100032440-10822_Penara_St_San_Diego_CA_92126
http://www.sdlookup.com/MLS-100046819-8318_Torrell_Way_San_Diego_CA_92126
http://www.sdlookup.com/MLS-100057827-12218_Picrus_St_San_Diego_CA_92129
http://www.sdlookup.com/MLS-100061023-13713_Torrey_Glenn_Rd_San_Diego_CA_92129
http://www.sdlookup.com/MLS-100061357-7155_Torrey_Mesa_Ct_San_Diego_CA_92129
http://www.sdlookup.com/MLS-100054651-2480_Malibu_Way_Del_Mar_CA_92014
http://www.sdlookup.com/MLS-100065230-4836_Rancho_Viejo_Dr_Del_Mar_CA_92014
http://www.sdlookup.com/MLS-100062754-1061_Misty_Creek_St_Chula_Vista_CA_91913
http://www.sdlookup.com/MLS-100013715-1478_Santa_Sierra_Dr_Chula_Vista_CA_91913

Please keep in mind distance to the beach, distance to downtown (or entertainment), distance to major job center that would support these housing prices, lot size, and view.

[an]

[quote=CA renter]
Essentially, the wages do not appear to be that different, but they are definitely higher in LA, on average.

I bought a house down here in early 1998, and moved down permanently in mid-1999. Things certainly might have changed a bit since then, but I keep in touch with friends and family in LA and visit on a regular basis, and keep up with what’s going on up there. It still seems easier for people to get jobs in LA than in SD, and they do tend to pay better from what I’ve seen.

Also, I keep track of housing in certain parts of LA, and prices for comparable homes/neighborhoods are generally cheaper there than in SD.[/quote]
Thanks for confirming that LA income are only a few % higher than SD, except for Artists, Performers, and Athletes Agents/Managers. BTW, the list of occupation you listed should be shopping for $800k-$1M houses.

Regards to your statement about LA being generally cheaper than SD. Lets be a little more specific. Can you find comparable homes in LA to these properties:

http://www.sdlookup.com/MLS-100033337-14803_Whispering_Ridge_Rd_San_Diego_CA_92131
http://www.sdlookup.com/MLS-100032220-513_N_Cedros_Ave_Solana_Beach_CA_92075
http://www.sdlookup.com/MLS-100023158-992_Santa_Estella_Solana_Beach_CA_92075
http://www.sdlookup.com/MLS-100032440-10822_Penara_St_San_Diego_CA_92126
http://www.sdlookup.com/MLS-100046819-8318_Torrell_Way_San_Diego_CA_92126
http://www.sdlookup.com/MLS-100057827-12218_Picrus_St_San_Diego_CA_92129
http://www.sdlookup.com/MLS-100061023-13713_Torrey_Glenn_Rd_San_Diego_CA_92129
http://www.sdlookup.com/MLS-100061357-7155_Torrey_Mesa_Ct_San_Diego_CA_92129
http://www.sdlookup.com/MLS-100054651-2480_Malibu_Way_Del_Mar_CA_92014
http://www.sdlookup.com/MLS-100065230-4836_Rancho_Viejo_Dr_Del_Mar_CA_92014
http://www.sdlookup.com/MLS-100062754-1061_Misty_Creek_St_Chula_Vista_CA_91913
http://www.sdlookup.com/MLS-100013715-1478_Santa_Sierra_Dr_Chula_Vista_CA_91913

Please keep in mind distance to the beach, distance to downtown (or entertainment), distance to major job center that would support these housing prices, lot size, and view.

[sdcellar]

I thought maybe 3 houses in San Diego have gone for 2001 nominal. Maybe one more that sdrealtor just went into escrow on for one of his clients. Are you saying the Piggs got all of them?

[sdcellar]

I thought maybe 3 houses in San Diego have gone for 2001 nominal. Maybe one more that sdrealtor just went into escrow on for one of his clients. Are you saying the Piggs got all of them?

[sdcellar]

I thought maybe 3 houses in San Diego have gone for 2001 nominal. Maybe one more that sdrealtor just went into escrow on for one of his clients. Are you saying the Piggs got all of them?

[sdcellar]

I thought maybe 3 houses in San Diego have gone for 2001 nominal. Maybe one more that sdrealtor just went into escrow on for one of his clients. Are you saying the Piggs got all of them?

[sdcellar]

I thought maybe 3 houses in San Diego have gone for 2001 nominal. Maybe one more that sdrealtor just went into escrow on for one of his clients. Are you saying the Piggs got all of them?

[sdcellar]

Seems tough to compare San Diego and L.A. real estate. They don’t seem to have what we have and vice-versa. At least not in the non-dicey areas.

That said, L.A. is a big place, so I’m sure there’s a lot I don’t know. That said, my most recent cruisings through the big city took me through Burbank and a few weeks later up into the Hollywood Hills. Both areas surprised me for what real estate they had available (and recently sold), but neither could translate to anything here (at least not for me).

Burbank, for example, could best be described as “inland”, but it’s not like any inland I know of here in Diego. Not saying it’s better or worse, just different.

[sdcellar]

Seems tough to compare San Diego and L.A. real estate. They don’t seem to have what we have and vice-versa. At least not in the non-dicey areas.

That said, L.A. is a big place, so I’m sure there’s a lot I don’t know. That said, my most recent cruisings through the big city took me through Burbank and a few weeks later up into the Hollywood Hills. Both areas surprised me for what real estate they had available (and recently sold), but neither could translate to anything here (at least not for me).

Burbank, for example, could best be described as “inland”, but it’s not like any inland I know of here in Diego. Not saying it’s better or worse, just different.

[sdcellar]

Seems tough to compare San Diego and L.A. real estate. They don’t seem to have what we have and vice-versa. At least not in the non-dicey areas.

That said, L.A. is a big place, so I’m sure there’s a lot I don’t know. That said, my most recent cruisings through the big city took me through Burbank and a few weeks later up into the Hollywood Hills. Both areas surprised me for what real estate they had available (and recently sold), but neither could translate to anything here (at least not for me).

Burbank, for example, could best be described as “inland”, but it’s not like any inland I know of here in Diego. Not saying it’s better or worse, just different.

[sdcellar]

Seems tough to compare San Diego and L.A. real estate. They don’t seem to have what we have and vice-versa. At least not in the non-dicey areas.

That said, L.A. is a big place, so I’m sure there’s a lot I don’t know. That said, my most recent cruisings through the big city took me through Burbank and a few weeks later up into the Hollywood Hills. Both areas surprised me for what real estate they had available (and recently sold), but neither could translate to anything here (at least not for me).

Burbank, for example, could best be described as “inland”, but it’s not like any inland I know of here in Diego. Not saying it’s better or worse, just different.

[Author]

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