I believe the bubble before this big last crash officially took SD housing down only 17%.. However there were plenty of houses down much much more. So, while the next downturn may not look to be a set up for large overall decline , it may offer plenty of opportunities in certain areas.
I don’t have any ideas on where, haven’t been thinking about it , but there will be good buying opportunities.
If it is blue collar areas , would piggs buy? Which investors would?
If it were Eastlake or Santee( just 15minutes from La jolla shores).
