True – I just dont know how to gauge this thing. Cant really compare it to similar historical events since the loans and information flow were different. I think this is why I am following it so closely. I have no plans to move, and all the way out here in upstate NY am fairly well insulated from it all since we bought before things went nuts. However, I watched with some confusion as the prices kept climbing (I thought it was over the top three years ago). I have a large family all in the Solana Beach/Del Mar, La Jolla and Coronado areas, and wonder how it will all go (none of them has these loans – so not worried, just curious). Fascinating stuff!
