Just curious, How do you define coastal california ?
Would whole of SD be qualified as coastal ?
For my perspective, everything is cyclical and nothing keeps going up for ever. This gives us opportunity.
A lot of people tried to convince me otherwise about SD real estate in 2007, I disagreed with them and bought in 2011.
The first house I bought in 2001, I sold it in 2007ish..
I am sure, my current house valuation would come down with due time
My guess: Wages are going to be stagnant at best which would affect the housing prices as well.
