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December 7, 2008 at 4:21 PM #313052
TheBreeze
Participant

[quote=paramount]I have been amazed of discussion on this board about how RE in San Diego should roar back in the Spring.

Give me a break!

The idea of a Depression is not out of the realm of possibility.

Instead of RE classes you might consider taking Gardening Classes or others that will aid in your survival.

We may not fall into a Depression, and if not you’ll be a better gardener for it all.

[/quote]

Not sure if you’ve noticed, but all those discussions about RE roaring back have been started by realtors. Supposedly there is just an unfathomable number of people out there who can afford to pay all cash. Those who can afford to put 20% to 30% down is essentially infinite.