RenterClint, if wages keep growing as slowly as in the past, unemployment rises as construction/realtor/lender professionals are laid off, and the exodus out of San Diego continues (reducing potential buyers), foreclosures/bankruptcies/tax liens keep rising, then prices have to drop 30-50%. I think you will *love* my forecast on my website. I’m sorry, I do not remember the NCTimes comment you’re referring to.
