As I mentioned before, I expect low-tier bottom in 2008/2009, high-tier bottom in 2010/2011.
baby boomers retiring over the next decade (as has been noted by astute observers)
Consider these scenarios
– San Diego baby boomer selling his house and switching to renting
– San Diego baby boomer selling his house and moving to Oklahoma
– Oklahoma baby boomer selling his house and moving to San Diego
