[quote=deadzone][quote=sdrealtor][quote=gogogosandiego]In places like San Diego the limited overall and available supply of housing is the main driver of prices, not the Fed’s policies.[/quote]
Correct and he knows they are not going up everywhere. I proved him wrong on that yesterday with a condo from my hometown (with demographics similar or stronger than Carlsbad) that appreciated about 30% since 1991. He’s too married to his failed choices in the past to see things any other way[/quote]
What do my choices of the past have anything to do with this argument? Jesus Christ you are a creepy SOB. RE is going up all over the country, not just San Diego. Just cause you cherry pick your POS neighborhood in Philly, about the least desirable place to live in the U.S., that’s not really relevant to the point that Fed money is creating the bulk of this RE craze.[/quote]
Cherry pick an undesireable place. That town is phenomenal. Outside of the weather and natural beauty it is every bit as nice as where we live with better schools, better healthcare, great jobs and a higher median income. Its going up lots of places but not everywhere and very few places like it is here
And its not just me you are whining to, now its a bunch of others. You are like an old man yelling at the clouds