[quote=carlsbadworker]nostradamus , I would think the fourth group has bought a long time ago. I personally met/knew a few in Temecula valley. Those feel they missed the get-rich-quick train are least informed about the fundamentals. Therefore, they are eager to jump in as soon as the real estate showed the first sign of price decline.[/quote]
I’m sure you’re right, and I saw a lot of that in Mira Mesa where I live but I’m pretty sure I’m still seeing it. Although I don’t like to rely on MSM for my sources, I thought this article (posted on sdlookup by creative_cpa) rang true about the “fourth demographic” I wrote of.
