A Bubble is Born

Submitted by Rich Toscano on March 2, 2006 - 10:38am

The monthly housing report will be finished tomorrow, or Saturday at the very latest. Sorry for the delay. In the meantime, feel free to check out this week's Voice of San Diego column, which discusses the origins of the San Diego housing bubble.

If that's too esoteric for you, maybe you can take another gander at the pictorial essay (linked to in the forum yesterday) documenting the Dowtown condo sales extravaganza. It's just surreal... I for one felt compelled to go back for a second look.

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Submitted by barnaby33 on March 2, 2006 - 1:07pm.

What blew the doors off for me is that those places are conversions, not even new. They seem more expensive than alot of the new buildings, or even existing condo's in nice buildings that are for sale.

Josh

Submitted by unclepappy on March 2, 2006 - 1:27pm.

I agree, too much too little too late.
Screaming Tiger

Submitted by ARMwrestling on March 3, 2006 - 2:29pm.

I don't see the problem. After all, in the last photo of the workout room you can clearly see a Ralph's supermarket across the square.

Exercise facilities *and* fine dining across the way? Can it get better? No price is too much for such fine living.

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