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18 years ago

Another insightful bit of
Another insightful bit of glaringly obvious imbalance. The age-old game of musical chairs leaps to mind. How many real estate agents will we have when the music stops?

18 years ago

Another good observation by
Another good observation by the prof….for those counting at home, that’s three bullseyes in three days.

Take a few days off over the New Year and enjoy the season professor, lest you wear yourself out. 2006 is going to be an interesting year for San Diego real estate and we’ll need the Almanac’s printing press at full strength. There’s still time to lay in a full consignment of ink and cheap pulp, plus gear oil for those rotary cylinders. Buy in bulk and save.

18 years ago

I wonder how much of the 1%
I wonder how much of the 1% per year new non-real estate and construction jobs were created as an indirect beneficiary of the real estate dominated economy. People with real estate and construction jobs spend money, creating more demand at restaurants and other service sector jobs. In addition, how many jobs have been created as a result of increased spending by those who have tapped into the equity growth of their homes? I’m having a hard time seeing anything other than a recession coming our way.

18 years ago

I can echo the increase in
I can echo the increase in real estate-related employment. The number of licensed and certified residential appraisers in California has increased by 56% since 2002. This doesn’t even include the number of trainee appraisers, which has increased over 300% during the same time period.