My folks lived in Laguna Niguel for awhile back in the late '80s.
Friend of mine who retired after 20 years in the Navy sold his house in Encinitas for 800k (about 600K in gains) then moved to Oklahoma where his wife is a prof at OSU. Between the Navy pension etc. his toughest decisions are "what do I do with my daughters today?"
I missed out on that boom, moved out here in 1995. Don't miss much except the great food and the ocean.
