As with all things, there are better days and worse days (you know cycles, bubbles), but I like to think there are plenty of “good” days to come.
Sure, there is little debate any longer over a housing bubble, here or anywhere else, but remember too that this is the Econo-Almanac for the Landed Poor. In true almanac form, this thing that is the San Diego Housing Bubble evolves and Rich continues his dutiful tabulating and statisticing–providing insightful commentary all the while.
With regard to the state of the Piggs at the moment, I continue to find a gurgling undercurrent of RE-boosterism and I find it fascinating. I believe a lucky few actually took advantage of unique opportunities and have done themselves well. Then, there are the rest.
Sometimes, one might think they were at an RE investor website. Okay, maybe not quite (hope I haven’t offended you, Rich!), but hopefully I’m not alone in my impression. Of course, we’re all interested in homes and the notion of buying them, but it’s also supposed to be balanced by the notion of economic common sense and, to me, that’s still out of whack.
And that’s good, we’re not a single minded group of lemmings! As long as that continues, Piggington’s thrives.