California is a big state with a lot of people. So wtf does the article have to say? Places that are 150 miles inland that are selling homes at the same price as cities near the coast will go down, no doubt. Places like SF, the Bay area in general which were already high are still going up. Shitholes like Riverside county, San Bernardino should be worth 75% less than current value. San Diego was always underpriced. Its not worth today’s prices, but the 2001 prices were low compared to other areas in California.
