Oh yeah, and another thing about San Diegans thinking it’s a great time to buy. Over a year ago, I told all of you that once the MSM get’s hold of this story and SD in particular, they are going to tear into like a mad pit bull. Let’s see, 60 minutes (check), WSJ (check), CNBC (check), FBI (check). Why just this past week someone decided to sue their carlsbad realtor because they didn’t have the buyers best interest in mind…gee, I though SD was this idyllic place in SoCal where no one ever gets ripped off???
Wait until this story really hits the MSM right between eyes. When the average San Diegan begins to realize that their entire housing market has been one big fraudulent ponzi scheme for the past several years, you better believe that they are going to go in search of the remaining greater fools still left out there.
