Yeah Flu. I guess we’ve just heard so many years after the bubble burst about all the negative equity in San Diego County that you get stuck into thinking about that side of it.
My buddy that lives in Lemon Grove mentioned that many of the people there are older and have owned their houses forever and long since paid off. Same as in parts of Point Loma and other neighborhoods.
Property here in San Diego used to be affordable. I just figured that more people played the home equity ATM machine game.
No, I didn’t see a breakdown of SFH’s, condos, etc. I assume it’s countywide.
