[quote=SD Realtor]Shoveler that is a good point about the contractors. If anything that is where there may be some effect. However at this point inventory is so darned constrained it is really a tough nut to crack. Now we see large reductions at Titan, Viasat, Hughes, SPAWAR then we may see some hikes in inventory. However I think that they will be short lived. The result may be a slowdown in the slope of the price movements however because of how they would be staggered over time I just don’t see a substantial change in the way things go. Like you said, we will see how it goes however I don’t see this touching places like 4S Ranch in the least.[/quote]
The longtime workers of these contractors mostly live and own their homes nearby. I think this group likely has their homes paid off or are close to paying them off. If “cutbacks” cause some of them to “retire” early, they will do so and just call it a day. Most likely won’t be picking up and selling as their current property taxes are very low.
