This Mortgage guy is underestimating the potential supply.
Since real estate always goes down, who wants to own? Therefore I would include all homes in San Diego as potential inventory. By that metric we have about 34.5 years of inventory.
/tongue-in-cheek
There’s almost always got to be motivation behind manipulation of stats and this guy doesn’t have any.
Hmmm, so getting publicity to potentially get on TV as an analyst and generating web traffic aren’t motivation ?