The cynical side of me is wondering why the PTB is so intent on making us think the housing market is “slow” when, in reality, it is on fire.
(edit) I think they are trying to justify more housing programs, when that’s really the LAST thing we need right now.
This is not just in San Diego, BTW. It’s going on all across the country and around the globe, which indicates this is not a due to “local” fundamentals, IMHO.
