Its interesting to know what will happen. If we do print away, I dont know how we can avoid hyper inflation.
I do think that San Diego will be in a short term pinch. I see a lot of people moving out of SD. Tourism is the second largest industry locally. I dont see that rebounding fast enough to support rentals. I do see about half of the 12k Airbnb coming online for long term. Either way rents and the mortgage rates will pressure home prices to come inline with one another.
Rent wont be paid by most of the people. I think the May 31st will give people just enough time to move.