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[quote=AN]Got it now. I agree that bubble is unnatural. Yet, even with these unnatural purchases, resale today is still down to ~1996.[/quote]Actually, based on the new information (which you probably hadn’t seen yet), it looks like maybe not so much, at least in one of the zips in question.

That, combined with what you made me realize regarding new housing stock from ’99 on, makes me wonder how much of the resale in the other two zips actually was churn on the newer product. This ties neatly back into that whole tenure discussion.

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[quote=pemeliza]2.) 92024 was ridiculously under-priced in the 90’s.[/quote]Ah, but was it?

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[quote=pemeliza]2.) 92024 was ridiculously under-priced in the 90’s.[/quote]Ah, but was it?

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[quote=pemeliza]2.) 92024 was ridiculously under-priced in the 90’s.[/quote]Ah, but was it?

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[quote=pemeliza]2.) 92024 was ridiculously under-priced in the 90’s.[/quote]Ah, but was it?

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[quote=pemeliza]2.) 92024 was ridiculously under-priced in the 90’s.[/quote]Ah, but was it?

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pemeliza– Awesome! That’s why I wanted to see just Encinitas, specifically because of the limited impact of new home sales.

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pemeliza– Awesome! That’s why I wanted to see just Encinitas, specifically because of the limited impact of new home sales.

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pemeliza– Awesome! That’s why I wanted to see just Encinitas, specifically because of the limited impact of new home sales.

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pemeliza– Awesome! That’s why I wanted to see just Encinitas, specifically because of the limited impact of new home sales.

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pemeliza– Awesome! That’s why I wanted to see just Encinitas, specifically because of the limited impact of new home sales.

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[quote=AN]Please explain: “So, much of the growth is normal, but it would be unwise to assume it’s all natural.”
How can something be normal yet not natural at the same time?[/quote]Focus on the words “much” and “all”.

North county coastal as a population center grew in the past decade (moreso than say, Clairemont), so that would be normal (perhaps I should say explainable). The bubble was what most of us would consider unnatural and it affected NCC as much as it did any other part of the county.

[sdcellar]

[quote=AN]Please explain: “So, much of the growth is normal, but it would be unwise to assume it’s all natural.”
How can something be normal yet not natural at the same time?[/quote]Focus on the words “much” and “all”.

North county coastal as a population center grew in the past decade (moreso than say, Clairemont), so that would be normal (perhaps I should say explainable). The bubble was what most of us would consider unnatural and it affected NCC as much as it did any other part of the county.

[sdcellar]

[quote=AN]Please explain: “So, much of the growth is normal, but it would be unwise to assume it’s all natural.”
How can something be normal yet not natural at the same time?[/quote]Focus on the words “much” and “all”.

North county coastal as a population center grew in the past decade (moreso than say, Clairemont), so that would be normal (perhaps I should say explainable). The bubble was what most of us would consider unnatural and it affected NCC as much as it did any other part of the county.

[sdcellar]

[quote=AN]Please explain: “So, much of the growth is normal, but it would be unwise to assume it’s all natural.”
How can something be normal yet not natural at the same time?[/quote]Focus on the words “much” and “all”.

North county coastal as a population center grew in the past decade (moreso than say, Clairemont), so that would be normal (perhaps I should say explainable). The bubble was what most of us would consider unnatural and it affected NCC as much as it did any other part of the county.

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