thanks, tg. Sounds like sanity has returned to Temecula. Long may you and the other recent Pigg buyers in Temecula enjoy your new affordable homes. As you say, this is the solution that needs to be applied across the country. A hundred million people, and tens of thousands of our great leaders, will resist like cornered cats. It’ll be fun to watch how it play out in different parts of the county, state, and country.

I live in central Boston now, where prices are about $500 / sq ft at the lowest end. People here are still clueless about the possible massive loss of value that is looming over them. They are convinced that this place is different, just like the English and Londoners especially thought their bubble was made of sterner stuff than the US “sub-prime” version.