BTW: One of the people that I referred to who has a wad of money and would not invest at this time in the SoCal housing market used to own a luxury condo in the Meridian, a 5000 sq. ft. home in Palm Springs and a 4000 sq. ft home in La Jolla. (all fully paid for) He sold all three around the same time that I did and he also moved to another state. If you think I’m a bear when it comes to housing, you ain’t seen nothing yet. 🙂
