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Politics : Sioux Nation -- Ignore unavailable to you. Want to Upgrade?

To: manalagi who wrote (16766)	5/12/2005 10:26:58 AM
From: bentway	Respond to of 361327

As I said, I lived there for a decade, and bought a house there at the bottom after the LAST collapse, and sold it a couple of years ago after it appreciated 500%. There is one reason I'm sure that San Diego will collapse again, and that is that only 11% of San Diego county residents can afford the median priced house in San Diego county. This is an imbalance, a bubble, that Mr. Martket will correct eventually, as he corrected the tech stock bubble, that was also going to rise forever in the "New" economy. I imagine you'll be surprised to learn that the median income in San Diego county is $32,410 (2003), and ranks 22nd in California counties. money.cnn.com Check this thread: Subject 51347