I don't remember anybody saying how much money we've just spent to upgrade the physical facilities at our schools, which would be part of that complex of issues.

I'm not really surprised about the ranking. How good is it here? It's so good that we have a higher inflation rate than the nation.

If we have it and everybody else has it, that's huge. If we have it and nobody else has it, that's also going to be huge.

We should always be so lucky to have extra revenue, but it's not always going to be the case that it'll be true.

They aren't all looking for a piece of the rock. It's also about investment. When their 30 percent rate of return goes to zero, from a portfolio prospective, real estate starts to fade a little bit.

We should all be so lucky to have something come in higher than you thought.

Lucky for everybody because it says something about our underlying economy.

Having doubled, median prices won't double again in the next five years. It's going to be a quieter, more tranquil market.

I always say that Hawaii is the western edge of Orange County.