[quote=rockingtime]Major correct would need some major event to unfold it..
don’t see it coming, can think of few though
1) water crisis pushing people out ?
2) qcom lays off few K people in san diego ?
3) fed raises the interest rates in next couple of years ?[/quote]
1) Water crisis is here and I don’t see it pushing people out. It would just cause more brown lawn.
2) QCOM have been laying off and spinning off the last year or so. The RE prices have been going the other way.
3) We’ve talked about this before. There have never been strong data to prove rising rates cause price to fall.
