They have good low rates on new auto loans but thats about it! Not many folks have 15% of 800k new homes in San Diego these days to put down.[/quote]
Exactly. Such $800K homes should be $600K homes (and less). Most of these bubblicious McMansions never should have come into being in the first place. There aren’t enough high income folks to purchase them using “prudent” underwriting standards.
