I’ve read scruffy’s latest post twice now and I can’t figure out what his intent is
The article seems to be saying that the super-rich aren’t affected by housing slumps – gee, no kidding?
Or that there are enclaves of super-expensive homes that won’t be affected by the current correction – darn, you mean I still won’t be able to afford that $40 mil mansion?
Is this your defense of the entire southern california real estate market, scruffy?
You have posted an article talking about houses that only the top 1 or 2% of Americans can afford – what about the rest of us?