Boom to Bust – all encompassing guide?

[sd_bear]

I have several friends who currently live in San Diego that are really disillusioned by the price of houses now despite all the bad press recently. They simply don’t believe that prices will go down very much and are thinking of relocating to a cheaper city so that they can afford a house.

I was going to write up a huge report for them trying to explain why housing was going to settle back down to affordability, but I didn’t want to reinvent the wheel.

Does anybody know of anything thats been written up that comprehensively covers the boom to bust – historic house prices vs. rents, how the speculative bubble started, creation of loose lending standards, why the market tightened up recently, and how foreclosures and normal lending standards are going to bring house prices back down to reality, etc.

Thanks!

[kewp]

You could show them the bubble primer on this site, then point out that with credit tightening there is no more ‘air’ (as it were) left.

Get them a copy of ‘Crash Proof’ by Peter Schiff, as well.

Something to point out (that keeps me optimistic), is that since SD was on the forefront of the bubble it should also be the first to correct. So if they can keep their job, find a nice rental, sit back and enjoy the weather.

[kewp]

You could show them the bubble primer on this site, then point out that with credit tightening there is no more ‘air’ (as it were) left.

Get them a copy of ‘Crash Proof’ by Peter Schiff, as well.

Something to point out (that keeps me optimistic), is that since SD was on the forefront of the bubble it should also be the first to correct. So if they can keep their job, find a nice rental, sit back and enjoy the weather.

[kewp]

You could show them the bubble primer on this site, then point out that with credit tightening there is no more ‘air’ (as it were) left.

Get them a copy of ‘Crash Proof’ by Peter Schiff, as well.

Something to point out (that keeps me optimistic), is that since SD was on the forefront of the bubble it should also be the first to correct. So if they can keep their job, find a nice rental, sit back and enjoy the weather.

[kewp]

You could show them the bubble primer on this site, then point out that with credit tightening there is no more ‘air’ (as it were) left.

Get them a copy of ‘Crash Proof’ by Peter Schiff, as well.

Something to point out (that keeps me optimistic), is that since SD was on the forefront of the bubble it should also be the first to correct. So if they can keep their job, find a nice rental, sit back and enjoy the weather.

[kewp]

You could show them the bubble primer on this site, then point out that with credit tightening there is no more ‘air’ (as it were) left.

Get them a copy of ‘Crash Proof’ by Peter Schiff, as well.

Something to point out (that keeps me optimistic), is that since SD was on the forefront of the bubble it should also be the first to correct. So if they can keep their job, find a nice rental, sit back and enjoy the weather.

[(former)FormerSanDiegan]

Hey sd_bear, I know this really cool web site that explains some of these things. This guy with a nerd’s eye view has several articles in a Primer section at the top center of his web page.
You can start here:

The San Diego Housing Bubble

He also routinely has articles on voiceofsandiego.org.

[(former)FormerSanDiegan]

Hey sd_bear, I know this really cool web site that explains some of these things. This guy with a nerd’s eye view has several articles in a Primer section at the top center of his web page.
You can start here:

The San Diego Housing Bubble

He also routinely has articles on voiceofsandiego.org.

[(former)FormerSanDiegan]

Hey sd_bear, I know this really cool web site that explains some of these things. This guy with a nerd’s eye view has several articles in a Primer section at the top center of his web page.
You can start here:

The San Diego Housing Bubble

He also routinely has articles on voiceofsandiego.org.

[(former)FormerSanDiegan]

Hey sd_bear, I know this really cool web site that explains some of these things. This guy with a nerd’s eye view has several articles in a Primer section at the top center of his web page.
You can start here:

The San Diego Housing Bubble

He also routinely has articles on voiceofsandiego.org.

[(former)FormerSanDiegan]

Hey sd_bear, I know this really cool web site that explains some of these things. This guy with a nerd’s eye view has several articles in a Primer section at the top center of his web page.
You can start here:

The San Diego Housing Bubble

He also routinely has articles on voiceofsandiego.org.

[LA_Renter]

SD Bear the interesting thing about your post is that it confirms domestic out-migration is still intact.

[LA_Renter]

SD Bear the interesting thing about your post is that it confirms domestic out-migration is still intact.

[LA_Renter]

SD Bear the interesting thing about your post is that it confirms domestic out-migration is still intact.

[LA_Renter]

SD Bear the interesting thing about your post is that it confirms domestic out-migration is still intact.

[Author]

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