“I continue to boil at all the negative talk that seems to be bent on driving down home prices.”
“The truth: Foreclosures are lower today than they were a year ago.”
“Speaking of the bubble, I’m tired of people trying to compare real estate today to the tech stock debacle of 2000. Bubbles occur when there is a mania. Investors back then were clamoring to buy any tech stocks at any price.”
and finally, his San Diego IS different argument:
“the UCLA Anderson Forecast calling for a crash in Southern California real estate prices over the next couple of years. Once again, when you dig a little deeper, you find something interesting: The UCLA report does not include San Diego County as part of Southern California.”
