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Below is some general information about San Diego:
San Diego is a major city in California, on the coast of the Pacific Ocean in Southern California, approximately 120 miles south of Los Angeles and immediately adjacent to the border with Mexico. San Diego is the eighth largest city in the United States and second largest in California and is one of the fastest growing cities in the nation. San Diego is the birthplace of California and is known for its mild year-round climate, natural deep-water harbor, extensive beaches, long association with the U.S. Navy, and recent emergence as a healthcare and biotechnology development center. The population was estimated to be 1,322,553 as of 2012.
Historically home to the Kumeyaay people, San Diego was the first site visited by Europeans on what is now the West Coast of the United States. Upon landing in San Diego Bay in 1542, Juan Cabrillo claimed the entire area for Spain, forming the basis for the settlement of Alta California 200 years later. The Presidio and Mission of San Diego, founded in 1769, formed the first European settlement in what is now California. In 1821, San Diego became part of newly independent Mexico, and in 1850, became part of the United States following the Mexican-American War and the admission of California to the union.
The largest sectors of San Diego’s economy are defense/military, tourism, international trade, and research/manufacturing, respectively. The economy of San Diego is influenced by its deepwater port, which includes the only major submarine and shipbuilding yards on the West Coast. Several major national defense contractors were started and are headquartered in San Diego, including General Atomics, Cubic, and NASSCO. San Diego hosts the largest naval fleet in the world: it was in 2008 was home to 53 ships, over 120 tenant commands, and more than 35,000 sailors, soldiers, Department of Defense civilian employees and contractors. About 5 percent of all civilian jobs in the county are military-related, and 15,000 businesses in San Diego County rely on Department of Defense contracts.
Prior to 2006, San Diego experienced a dramatic growth of real estate prices, to the extent that the situation was sometimes described as a housing affordability crisis. Median single family home prices more than tripled between 1998 and 2007. According to the California Association of Realtors, in May 2007 a median house in San Diego cost $612,370. Growth of real estate prices was not accompanied by comparable growth of household incomes: the Housing Affordability Index (percentage of households that can afford to buy a median-priced house) fell below 20 percent in the early 2000s. The San Diego metropolitan area had one of the worst median multiples (ratio of median house price to median household income) of all metropolitan areas in the United States, a situation sometimes referred to as a Sunshine tax. As a consequence, San Diego experienced negative net migration since 2004. A significant number of people moved to adjacent Riverside County, commuting daily from Temecula and Murrieta to jobs in San Diego. Many of San Diego’s home buyers tend to buy homes within the more affordable neighborhoods, while others are leaving the state altogether and moving to more affordable regions of the country.
Tourism is a major industry owing to the city’s climate, its beaches, and numerous tourist attractions such as Balboa Park, Belmont amusement park, San Diego Zoo, San Diego Zoo Safari Park, and SeaWorld San Diego. San Diego’s Spanish and Mexican heritage is reflected in the many historic sites across the city, such as Mission San Diego de Alcala and Old Town San Diego State Historic Park. Annual events in San Diego include Comic-Con, the Farmers Insurance Open golf tournament, San Diego Pride, the San Diego Black Film Festival, and Street Scene Music Festival. Also, the local craft brewing industry attracts an increasing number of visitors for beer tours and the annual San Diego Beer Week in November; San Diego has been called America’s Craft Beer Capital. San Diego County hosted more than 32 million visitors in 2012, of whom approximately half stayed overnight and half were day visitors; collectively they spent an estimated $8 billion locally, with a regional economic impact of more than $18 billion. The visitor industry provides employment for more than 160,000 people. The San Diego Convention Center hosted 68 out-of-town conventions and trade shows in 2009, attracting more than 600,000 visitors. Transient Occupancy Taxes (TOT) have created funding for the City of San Diego Commission for Arts and Culture.
Source: San Diego on Wikipedia