Under TRUMP they were $500k Keep that in mind. I am blessed to have moved during the shut downs when most people were too fearful...We got grandfathered rent that is unbelievable for the neighborhood we are in, though we wish we could afford to buy. We can barely afford rent. We could not afford the cost if we were to move into the exact same apartment today without the bare minimum rent protections (though our complex is also desperate, most places are empty anymore....the CA exodus is real. Most of my husband's and my own family and friends have left the state by now. More planning to. The only family I have that I know isn't planning to leave is wealthy, they live in a very nice area, and they spend most of their time traveling the world anyway. It's becoming a place of extremes. We have extremely wealthy (which are mostly elderly that bought in decades ago, or foreign, out-of-state...) and then we have the people barely getting by. A lot of essential workers like my husband and I are struggling and it's interesting to see the dynamics in various industries of essentials changing in CA as well due to this. The infrastructure is failing...and utilities are sky high. As well as the extortive taxation. These prices SHOULD be balked at. If we had conservative leadership more people could afford to buy in CA, would be inspired to stay, and the prices would be reasonable. Unfortunately under governance like Gruesome Newsome and people like Biden Admin in the W HOUSE, that's not going to change and indeed prices will go up correlating to the criminal activity and degradation of what is good in California and most of these states in a similar pinch.

@@ari3lz3pp Interesting take. With housing it's a matter of supply and demand. Demand is still very high in San Diego and other parts of California that have seen massive moves upward in home values. If everyone were leaving the state and demand for houses in CA was drying up, then home prices would move down. People still want to live in California. It's a beautiful state and enjoyable to live in despite the questionable way they run it.

Cost is the major downside of SD. IF you can afford it, it's a wonderful place to live.

And water is wet and grass is green...obviously the nicest places on earth are worth living in if you're rich af

Not really....for most...I grew up here as did my husband. We love a lot about San Diego that is nostalgic, and even other cities in SoCal from near the border (we grew up with frequent visits to MX when that was not extremely unsafe), up to near LA, even trips to San Fran (which BTW was already in a grim state in the early 2000s LOL People act as if it's downfall is so sudden). We can barely afford rent as essential workers, and we live in one of the nicer areas, grandfathered into a really good price due to COVID/Trump, and the scaling price since has hurt us but we would not be able to afford this same place if we had to pay what new people pay. We were ecstatic to move here because it was much safer than the ghetto we lived in in East San Diego before...but in the past years it's starting to become like one in many areas. More crime, drug use, people not caring for property, failing infrastructure, and extortive taxation. Most people moving into the wealthier areas are not from CA and many are not even from the USA. My husband does a lot of work in homes ranging from average crappy $800k house to tens of millions. Most of the latter are not people born here unless they are elderly and bought decades ago, then complain that their dilapidated property is costly to upkeep. We have so many empty properties across SoCal, because of the CA exodus and new properties keep being built that most people cannot afford or won't bother with because they are shoddy construction, high VOC, and the amenities often shut down or ill-maintained. It's the lazy mindset that unfortunately is a toxic trait of many looking to live the laid-back lifestyle and feel entitled to it without first earning it. We have some of the oldest dams in the country, and they are patched up while our prices sky rocket and it's not good enough. The electrical grid that is overworked and Gruesome Newsom pushing for Ev mandates...It's insane. We have already had some of the highest utility pricing in the country for a very long time. Without the oversight that should accompany that charge...including the taxes going to the school districts. Even many of our admired Universities here have been failing since the early 2000s when my older friends started to attend for their general before Medical school....It's a mess. Trump gave us a glimmer of hope here. But it quickly has been undone and most people my husband and I know have left the state. The few still here are trying to leave, except for one couple...they are very wealthy, our elders, essential workers that served in the military for five decades and bought a very nice property in a protected HOA about two decades ago. They rarely are at home anyway because they travel the world. Even they complain about SoCal, the very expensive area they live in but they aren't in it all that much. Most people feel their money is much more worth it in a conservative state, and one that has better maintained infrastructure, less crime etc. Even if the weather is not the same. There are almost always pros with the cons of that.

saaaame! leaving the country to buy at 1/10th of the price as SD

Sadly you will probably have to leave CA. Most of my family and friends have and we are trying to follow. None of them want to come back.

Gen Z Tik Tok influencers who have never owned a home, Mexican drug cartel leaders hiding their profits, short-term rental REIT ETF funds, and Chinese banking millionaires laundering their funds through Canadian tax shelters. That's who. It's no longer normal for ordinary people to buy a home or have cable TV these days. Everyone with commonsense just rents and watches KZfaq and Netflix videos on their phone.

Been preaching the renting for a year now. Investing the difference and accumulating to pay cash.

agents / wallstreet investors and local home flippers are keeping comps / prices high in so cal , insurance companies are killing certain properties too! more homes are coming onto the market lately so prices will hopefully ease a bit and continue but SD will remain a very expensive place to live . Dan is a good guy 🙂 IMO.

This year roughly 25% of buyers in San Diego are paying cash. Beyond that, it's mostly people selling a home and buying another, so they are bringing equity to the table.

@noblelies I've helped many people buy and sell homes, and I've never come across one single person with the background you described 😜

Criminal activity in San Diego? I sure don't think that's a major case in the majority of areas throughout the county.

Im SD local and crime here is very low compared to other cities

Hey!

@@DanPBestLifeSD you need ?

@@DanPBestLifeSD reply