The Morning Report
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Tuesday, May 1, 2007 | The lull in the increase in housing for San Diego is nearing an end. It was a matter of mind and attitude rather than real facts.
Face it, San Diego isn’t a nice little beach community any more. It’s a rich area where there’s a widening gap between rich and poor and a middle class caught in the squeeze. It might be helped by an increased effort to lure manufacturing jobs and more that would provide diverse employment for a diverse population. But that doesn’t seem to be happening.
People still want to live here and prices will go up. We need look only to San Francisco for a barometer of where prices will go.
Within the near future, if you don’t own a home, it’s going to get tougher to get one.