[quote=peterb]Near a bottom? Tsunami’s coming. Maybe when CA unemployment is at 12% at the end of 2009 or in 2010.
Check all stats about CA home prices and unemployment above 7%. I think this may prove valuable to everyone who’s concerned about price movements in the housing market. The correlation is astoundingly high.
Check with SDCIA and see when Bruce Norris is going to be speaking again. Then take your wife to this meeting. Last a couple of hours.[/quote]
Plus rates are going to have to go up to restore the mortgage back securities markets.
