It seems that the author(s) of the San Diego Regional report were doing a bit of double-talking. In one sentence they mentioned that there will be a soft landing in the housing bubble due to steady employment, increased incomes, and spending growth; while in the next sentence they express serious concerns over high gas, utility, and housing prices, as well as the resetting ARMs. My question to the author(s) would be where is all the money going to come from to support the 9% annual increases in consumer spending if it is going to cover increasing mortgage payments and rising costs of living?