Trolling a thread and throwing insults is a great way to debate a subject. Congratulations on that.
If you bothered to actually read the discussion, you might have something useful to say.
I *DO* believe SD pricing is going to fall a lot more. Nowhere have I said it’s not going to, or that it couldn’t happen to me – not once.
Based on what I’m seeing in the local economy, and in the job sector of where I work, as of right now I am not too concerned. Of course that could change. All signs right now do point to things getting real bad this year – how bad, nobody knows. This could be short, it could be long. Nobody here has the answer.
The only thing I have said is I believe the lower end has taken a large percentage of the hits it’s going to take. And I believe it’s now going to start working it’s way up into the more expensive neighborhoods.
Dual income of 150k is 2 mid level employees. Give me a break on the e-balling comment. I’m simply stating that there is a large # of younger employees out there making decent salaries, having families, and who want homes. If I hit a touchy subject for your family, it was not intentional. It’s a data point to base further discussion.
If you think that’s not the case, and you think nobody is ever going to want to buy again, and that everyone is going to poor out of San Diego – that’s fine, but please state your argument for that position.
