JWM: Why ANYONE would even remotely think of buying a home in SoCal within the next two years (at a minimum) is simply beyond my ability to comprehend. It seems that there are still people who just have to have what they want, today, and it’s “damn the torpedo’s..full speed ahead” despite the glaring body of evidence that this is NOT a wise thing to do with your money.
I’m with you on just letting the fools squander their money and then sit back and watch them lose $100’s of thousands of dollars that will take them many, many years to replace. In addition, I am convinced that a hard recession is coming soon and possibly a total depression. Very few people have jobs that will survive the massive cuts that will take place with either.
I give up.
