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
Sunday, January 8, 2012
Kelly Cunningham, National University System
Answer: NO
2011 prediction, $345,000; 2012 prediction, $310,000. As always there will be exceptions in some markets, but the overall median price of homes in San Diego will not appreciably rise during 2012. The median is more reflective of middle and lower housing prices. Given San Diego’s economic and employment dynamics, as middle-wage jobs continue to be squeezed, and only lower skilled/lower-compensated jobs, as well as some higher skilled/higher-paid jobs on the other end of the spectrum, are added, the median price of housing will not increase. Onerous qualifying standards for home mortgages and release of foreclosures into the marketplace also limit prices.
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