Income is up up up. Haven’t you got the memos? JK.
I think the 2010 census will be rough. If the American community survey samples SoCal between 2007-2008, it’ll be interesting to observe what I predict will be an income drop in the area.
We’re way out whack on current income numbers which have benefited from a massive run up due to RE commissions, construction O/T and premiums and 30,000 anybody’s with a pulse being able to re-sell house in 6 months for a $100,000 profit.
