In 1989 & 1990, at the peak of the previous real estate boom, many folks thought that California real estate had moved permanently to a higher plateau. Then, the correction came & by the mid-1990 homes are affordable again.
The boom of the last few years is not the first time nor is it the last time. People kept saying: this time it’s different. Well, it’s the same PATTERN, only the details are different.
