Like many posters have already pointed out, I’m bullish when the buy/rent ratio is lined up. Once the buy/rent decision is a wash in your micro market, who the hell cares. We are getting close to the point to where no person in their right mind would buy and that is exactly the time to do so. Fortunes will not be made by positioning yourself into an investment that looks good to everyone, they will be made when the fundamentals are correct and the rest of the sheeple are too afraid. The outlying areas, I’m bullish now, the intermediate areas like north county inland and downtown are getting close, and the north county coastal/ 52 and 56 corridor, maybe another year, maybe never, the economic news is all bad and those areas are still defying gravity, much to the dismay of half of this site.
