This article was posted on another thread, and, after reading it, I think it bears repeating–with regard to some opinions concerning the future of real estate in CA.
There will always be diverse opinions, and only time will tell, but, it is conceivable that our market could continue to be a real challenge for a large percentage of new buyers going forward.
We always wanted our kids to have homes in San Diego–should they choose to live here now, or in the future–and that’s one reason we invested here. If the future brings challenges to younger buyers, we’ll probably be glad we did.