The National University System was established in 2001 to meet the emerging challenges and demands of education in the 21st century. The System is uniquely aligned to connect a diverse population of students to a network of innovative educational programs that are relevant to their lives, careers, and the marketplace and are delivered in a format that respects competing life priorities.
Roger Showley, SAN DIEGO UNION-TRIBUNE
Saturday, August 21, 2010
Kelly Cunningham, National University System
Answer: Yes
Although there will be parts of San Diego’s housing market that will see prices and sales increases, the end of the tax rebates, continuing high unemployment and sluggish job growth, and inventory of foreclosed homes still to be released to the market, will cause overall prices and sales in San Diego to slump through the end of the year.
Despite the decrease in home prices over the past three years, affordability remains a significant barrier for home buying, especially with tightened loan requirements including appropriate down payment. The ratio of median home price to median household income locally still shows San Diego is one of the nation’s least affordable housing markets.
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