Merrill Lynch only has it half right. Prices are likely to keep falling for at least the next five years in CA……………………not just until 2010. This is going to be a lot worse than Wall Street and the government wants to admit. The economy is slowing, gas prices are likely to hit $4 by April and Bush, Bernanke and Congress have eroded the value of the U.S. dollar. The American automobile industry is going down the tubes and manufacturing anything in this country but pizzas and other fast food is becoming the norm. The USA is now being viewed by the rest of the world as a second-rate country. You can thank your greedy, self-serving politicians who will bend over for a buck for any lobbyist or CEO who’s willing to blow in their ears and slip them some $$$$.
