San Diego homeowners (probably 80%) with tons of equity and fat investments could care less. We are living in the dream houses we purchased for the high five or low six figures, (most with $500-1000 payments, or less) and are also watching this fiasco unravel.

Those who came to the party late, are in over their heads, and are grabbing all of the headlines now because of their bad busines decisions, but most of us who call this city home are just fine and enjoying life–thanks!!