Quote:
Originally Posted by MrJester
Because Chinese investors love Vancouver. San Diego simply doesn't have as much foreign tycoon real estate money flowing into it. Also, even the Pacific Northwest isn't as earthquake prone as SoCal.
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Seattle has a higher chance of a devastating earthquake than San Diego! Ever hear of the Cascadia Fault/Subduction zone? That being said, at least for the last decade before some foreign investment rules were changed, certainly the PNW, especially Vancouver BC attracted way higher Asian (Chinese) RE investment.
To the OP the San Diego skyline, while decently interesting with a lower density Vancouver look to it (Nat Bosa) is a fairly truncated and static one because of both the FAA rules (previous CA helicopter landing requirements) and other codes including seismic. It tends to be a bunch of ~25 stories and ~43 stories (the FAA height limit) as codes almost force developers to pick between those two options, once you get past 25 stories you might as well go to 500’ per the structural requirements and cost per s.f. but that’s all you got.
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