One point to also factor in though is CA has prop 13…and real estate is always local.
Just know what you’re doing and do your homework. I’m not advocating one way or the other.[/quote]
Hehe! Robert Shiller is the friendly face of real estate. I think he’s “right” in both senses, but his words of wisdom are overshadowed by the huge emphasis on housing as a driver of economies. He always strikes me as being bemused by the media attention he attracts for what he obviously considers as stating the obvious
