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JAS.
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February 2, 2009 at 9:09 AM #340380February 2, 2009 at 10:09 AM #339873
cr
ParticipantIt makes perfect sense.
The housing boom started by making subprime lower-middle class families “rich” and worked it’s way up the society food chain with increasingly toxic mortgages made to people who had no more business buying a house they couldn’t afford than the strawberry picker from Oxnard.
February 2, 2009 at 10:09 AM #340198cr
ParticipantIt makes perfect sense.
The housing boom started by making subprime lower-middle class families “rich” and worked it’s way up the society food chain with increasingly toxic mortgages made to people who had no more business buying a house they couldn’t afford than the strawberry picker from Oxnard.
February 2, 2009 at 10:09 AM #340294cr
ParticipantIt makes perfect sense.
The housing boom started by making subprime lower-middle class families “rich” and worked it’s way up the society food chain with increasingly toxic mortgages made to people who had no more business buying a house they couldn’t afford than the strawberry picker from Oxnard.
February 2, 2009 at 10:09 AM #340321cr
ParticipantIt makes perfect sense.
The housing boom started by making subprime lower-middle class families “rich” and worked it’s way up the society food chain with increasingly toxic mortgages made to people who had no more business buying a house they couldn’t afford than the strawberry picker from Oxnard.
February 2, 2009 at 10:09 AM #340415cr
ParticipantIt makes perfect sense.
The housing boom started by making subprime lower-middle class families “rich” and worked it’s way up the society food chain with increasingly toxic mortgages made to people who had no more business buying a house they couldn’t afford than the strawberry picker from Oxnard.
February 2, 2009 at 10:23 AM #339878patientlywaiting
Participantthanks for posting ex-sd.
The Westside is better than North County Coastal. It’s the La Jolla of LA as well.LA’s economy is lot more diversified than San Diego’s.
Depending on how deep the recession is, I can see prices going back below Year 2000.
People were speculating on their own residences, hoping to sell and claim the property ladder, not living for the long-term.
February 2, 2009 at 10:23 AM #340203patientlywaiting
Participantthanks for posting ex-sd.
The Westside is better than North County Coastal. It’s the La Jolla of LA as well.LA’s economy is lot more diversified than San Diego’s.
Depending on how deep the recession is, I can see prices going back below Year 2000.
People were speculating on their own residences, hoping to sell and claim the property ladder, not living for the long-term.
February 2, 2009 at 10:23 AM #340299patientlywaiting
Participantthanks for posting ex-sd.
The Westside is better than North County Coastal. It’s the La Jolla of LA as well.LA’s economy is lot more diversified than San Diego’s.
Depending on how deep the recession is, I can see prices going back below Year 2000.
People were speculating on their own residences, hoping to sell and claim the property ladder, not living for the long-term.
February 2, 2009 at 10:23 AM #340326patientlywaiting
Participantthanks for posting ex-sd.
The Westside is better than North County Coastal. It’s the La Jolla of LA as well.LA’s economy is lot more diversified than San Diego’s.
Depending on how deep the recession is, I can see prices going back below Year 2000.
People were speculating on their own residences, hoping to sell and claim the property ladder, not living for the long-term.
February 2, 2009 at 10:23 AM #340420patientlywaiting
Participantthanks for posting ex-sd.
The Westside is better than North County Coastal. It’s the La Jolla of LA as well.LA’s economy is lot more diversified than San Diego’s.
Depending on how deep the recession is, I can see prices going back below Year 2000.
People were speculating on their own residences, hoping to sell and claim the property ladder, not living for the long-term.
February 2, 2009 at 3:04 PM #340012CA renter
ParticipantHere in North County, I am finally starting to see some real price movement, too, especially in the past three months or so.
We’ll see how that spring selling season goes. Sales have been pretty strong, all things considered, but I think that is 100% due to the falling prices.
We’ve been tracking various zips in North County and following some mid-high end zips in L.A. for years. The high end is definitely cracking.
February 2, 2009 at 3:04 PM #340337CA renter
ParticipantHere in North County, I am finally starting to see some real price movement, too, especially in the past three months or so.
We’ll see how that spring selling season goes. Sales have been pretty strong, all things considered, but I think that is 100% due to the falling prices.
We’ve been tracking various zips in North County and following some mid-high end zips in L.A. for years. The high end is definitely cracking.
February 2, 2009 at 3:04 PM #340434CA renter
ParticipantHere in North County, I am finally starting to see some real price movement, too, especially in the past three months or so.
We’ll see how that spring selling season goes. Sales have been pretty strong, all things considered, but I think that is 100% due to the falling prices.
We’ve been tracking various zips in North County and following some mid-high end zips in L.A. for years. The high end is definitely cracking.
February 2, 2009 at 3:04 PM #340462CA renter
ParticipantHere in North County, I am finally starting to see some real price movement, too, especially in the past three months or so.
We’ll see how that spring selling season goes. Sales have been pretty strong, all things considered, but I think that is 100% due to the falling prices.
We’ve been tracking various zips in North County and following some mid-high end zips in L.A. for years. The high end is definitely cracking.
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