Here’s my theory on primo areas and distressed areas, the percentage will be exact, the timing will not. If desirable areas of the county would have suffered lower percentage losses in the last 4 or 5 bust/boom cycles, then the disparity would increase with each cycle, but it has not. Don’t ridicule the “things will be different this time” theory and then subscribe to it with regards to carmel valley or some other desirable area. The NOD/NOT analysis is just an indicator of when it will hit the fan. If 4-S falls 50% from peak, within a year, the areas without high NODS/NOTS will fall the same percentage. The knife will be the same size, it will just show up later. It’s a market force. You may dislike 4-S but the majority of the buyers will not pay double for Carmel Valley, so in order to sell in CV it will have to follow suit within a year, don’t think everyone can hold forever just because they can survive longer, someone will get a divorce, job transfer or layoff despite being upper class. The buyers won’t pay when they don’t have to give much up in the way of schools, climate, etc. and can get a significantly better deal not that far away. It’s Bugs’ butterfly effect and it is very real. This virus will spread, just because it hasn’t spread yet doesn’t mean it won’t and it will have the same effect in every area. If it is Del Mar you seek, you will have a much smaller window and will have to pay attention but don’t think that window won’t be there.
SD, don’t bet on the patsy’s this week, I don’t think they cover the spread and I doubt they win. They have the talent but the cheating controversy is a huge distraction and Belichick is a huge history buff, he’s not making his usual preparations this week, he’s stressing about his legacy and facing a suspension, not to mention LT has been thinking about this game for months, if the pats win with all this, then we can crown them.