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  1. Anonymous
    August 23, 2006 @ 10:38 AM

    Rich, I generally love all
    Rich, I generally love all that you do on this site, but let’s be clear. No buyer is “forced to stretch their fiscal limits.” They choose to do so, and then they often smugly remind us renters of how great they are for “owning.”

    I say let them and their illusory “wealth” rot in the coming blood-letting of this tsunami of a downturn. To quote the great Cornholio, “[t]he streets will flow with the [financial] blood of the non-believers [and their Realt-whoresTM].”

    August 23, 2006 @ 9:39 PM

    “In the Los Angeles-Glendale-Long Beach area, just 1.9 percent of new and previously owned homes were affordable to those earning a median family income of $56,200. The median sales price during the period was $521,000. ”


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