No! This will never happen in San Diego.

[privatebanker]

Thank you Contrarian for that lesson in Geology :). My point really wasn’t based on whether Hawaii is truly at risk of a major disaster because I know that there are still several active volcanoes in highly populated areas. If that were to occur, we can all kiss our butts goodbye here in CA…

My point is that people don’t seem to get that if ANY asset class deviates from its average range of return, it will correct at some point. There were no fundamentals to support such a large run up in property prices. It was a propaganda driven rally coupled with easy access to credit. This will be examined by economists for years to come. The Fed is now in a very difficult situation trying to navigate us out of this mess. They’re going about it the wrong way in my opinion.

Cheers!

[(former)FormerSanDiegan]

I thought everyone wanted to live in Stockton.
Are they making more land there ?

[(former)FormerSanDiegan]

I thought everyone wanted to live in Stockton.
Are they making more land there ?

[(former)FormerSanDiegan]

I thought everyone wanted to live in Stockton.
Are they making more land there ?

[(former)FormerSanDiegan]

I thought everyone wanted to live in Stockton.
Are they making more land there ?

[(former)FormerSanDiegan]

I thought everyone wanted to live in Stockton.
Are they making more land there ?

[gold_dredger_phd]

Actually, about 2 million years ago a section of one of the Hawaiian islands did fall off and cause a huge tidal wave to hit the shores of southern California. No humans were there to see it, not even a primate. Probably alot of mammoths got drowned in that one.

Slow erosion is the main form of wearing down of the volcanic islands there, but some big pieces have slide into the ocean from time to time. This causes tidal waves of hundreds of feet high if you are on the island or adjacent islands. By the time it gets to southern California, it’s attenuated a bit.

[gold_dredger_phd]

Actually, about 2 million years ago a section of one of the Hawaiian islands did fall off and cause a huge tidal wave to hit the shores of southern California. No humans were there to see it, not even a primate. Probably alot of mammoths got drowned in that one.

Slow erosion is the main form of wearing down of the volcanic islands there, but some big pieces have slide into the ocean from time to time. This causes tidal waves of hundreds of feet high if you are on the island or adjacent islands. By the time it gets to southern California, it’s attenuated a bit.

[gold_dredger_phd]

Actually, about 2 million years ago a section of one of the Hawaiian islands did fall off and cause a huge tidal wave to hit the shores of southern California. No humans were there to see it, not even a primate. Probably alot of mammoths got drowned in that one.

Slow erosion is the main form of wearing down of the volcanic islands there, but some big pieces have slide into the ocean from time to time. This causes tidal waves of hundreds of feet high if you are on the island or adjacent islands. By the time it gets to southern California, it’s attenuated a bit.

[gold_dredger_phd]

Actually, about 2 million years ago a section of one of the Hawaiian islands did fall off and cause a huge tidal wave to hit the shores of southern California. No humans were there to see it, not even a primate. Probably alot of mammoths got drowned in that one.

Slow erosion is the main form of wearing down of the volcanic islands there, but some big pieces have slide into the ocean from time to time. This causes tidal waves of hundreds of feet high if you are on the island or adjacent islands. By the time it gets to southern California, it’s attenuated a bit.

[gold_dredger_phd]

Actually, about 2 million years ago a section of one of the Hawaiian islands did fall off and cause a huge tidal wave to hit the shores of southern California. No humans were there to see it, not even a primate. Probably alot of mammoths got drowned in that one.

Slow erosion is the main form of wearing down of the volcanic islands there, but some big pieces have slide into the ocean from time to time. This causes tidal waves of hundreds of feet high if you are on the island or adjacent islands. By the time it gets to southern California, it’s attenuated a bit.

[RatherOpinionated]

San Diego will soon be a peninsula (or even an island) and Las Vegas will be waterfront property. Just keep renting until then.

http://www.signonsandiego.com/uniontrib/20050511/news_lz1c11plate.html

[img_assist|nid=5758|title=|desc=|link=node|align=left|width=419|height=500]

[RatherOpinionated]

San Diego will soon be a peninsula (or even an island) and Las Vegas will be waterfront property. Just keep renting until then.

http://www.signonsandiego.com/uniontrib/20050511/news_lz1c11plate.html

[img_assist|nid=5758|title=|desc=|link=node|align=left|width=419|height=500]

[RatherOpinionated]

San Diego will soon be a peninsula (or even an island) and Las Vegas will be waterfront property. Just keep renting until then.

http://www.signonsandiego.com/uniontrib/20050511/news_lz1c11plate.html

[img_assist|nid=5758|title=|desc=|link=node|align=left|width=419|height=500]

[RatherOpinionated]

San Diego will soon be a peninsula (or even an island) and Las Vegas will be waterfront property. Just keep renting until then.

http://www.signonsandiego.com/uniontrib/20050511/news_lz1c11plate.html

[img_assist|nid=5758|title=|desc=|link=node|align=left|width=419|height=500]

[Author]

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