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Old 02-23-2006, 11:11 PM
PC Dave's Avatar
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Location: Higher than You
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California Real Estate Bubble?


81 300SD
08 MDX Tech
93 525i

05 F650GS
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Old 02-24-2006, 11:28 PM
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I sure hope so.
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Old 02-25-2006, 04:29 AM
cmac2012's Avatar
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Join Date: Dec 2004
Location: Berkeley, CA
Posts: 19,496
They've been saying it for years and people who bought a couple of years ago can sell now and clear maybe $200 K. Sure seems like it can't go on.

OTOH, people can't live in stocks. When the stock market is over-valued, what the hell do people need with pieces of paper that aren't cash?

People will still want a house, bubble or no bubble.

1986 300SDL, 351K
1984 300D, 133K
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Old 02-25-2006, 07:10 AM
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Interest rates are the bubble only a fool would hope that prices decline.

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