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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Taro who wrote (364439)	12/26/2007 5:37:53 PM
From: tejek	Respond to of 1577824

There was no bubble in San Diego before the Clinton's tax cuts. San Diego actually was dirt cheap before that because nobody went to that "military city only" to live. San Diego was a secret tip which eventually got discovered and boosted by clever marketing work on behalf of the city. That also is supported by the fact that the correction in real estate pricing in same city in spite of the enormous gains during the last 10 years has in no way been as disastrous as in some other places. The first CA housing 'bubble' burst in the late 1980s......SD included My buddy, who is a realtor and actually sold our home to us, has been doing well and actually still does all way through this recent home market recession. Of course, SD and SFO are not the CA cities that get hurt most by 'bubbles'. And that's because they are not bubbles as so many think.