[quote=briansd1][quote=flu]
I would generally agree with this…
However, I have not seen a general mass exodus yet in some of these communities just yet… Well at least not in the Derby Hills/Saratoga communities I’m eying in C.V. (excuse me, north county C.V.) …
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Because it’s hard to find equivalent rentals there for less. Apparently not so difficult in Temecula.
Maybe in the professional circles of CV, walking away is more of a stigma.
You said before that Asians don’t walk away… and I made light of it. But I think that you’re correct in many ways…[/quote]
Brian this was one of my point and its not just Asians. There is alot more social pressure to keep up appearances in upper middle class and upper class communities decreasing the likelihood of walking away there.
OK, so this is the time someone will jump in with a B&W explanation that eventually they will all walk or that they either hang in or give up with no gray area in between.
How about this. (snark on) I’m rich, your poor. I’m a genius, you’re a moron. Its either or in every case. No one is in the middle of the wealth or intelligence spectrum. There are only extremes in this world. (snark off)Talk amongst yourselves.