I think in the current market what causes one area to be more “resilient” is whether or not there was heavy speculative growth during the bubble inflation years.
AN – good numbers on those neighborhoods. The question I have – what was it like in 2002 ? Was the % difference between CV and other areas about the same ?
Did CV see price increases due to speculation or were people buying to live there? Did CV see more growth than other areas or less ?
In other words, I wanna see something like Rich’s Case-Schiller graphs (or price per sq ft) with a different line for each of these zip codes, (plus, maybe Temecula to see a worst case). That would help answer the Q of what ‘hoods will be more resilient.
