Housing prices on the rise in San Diego 1977

November 28, 1977
Jesse Macias reports on housing price increases in San Diego in 1977. The value of land was increasing nearly 25% a year and personal income wasn't keeping pace. An analyst projected that in 1978, houses under 80-100,000 dollars would be in short supply.
Check out the site of future homes in Rancho Penasquitos--there was a lot of building going on then.