Statistically, incomes are NOT keeping pace with the prices & inflation. I foresee California leading the pack in the Real Estate market ‘crash’.

(Texas)I can’t afford anything over 0k, and under 0k, the homes are outdated, neglected, disrepair, no concessions by Sellers,in questionable neighborhoods.

In 1962, my parents bought a 2500 sq ft home in a suburb of San Jose, California for k. In 1966, they sold it for k. Today, because of taxes, inflation, extreem demand, and the Real Estate mindset, that home – with general upgrades – would go for over 0k. I would not expect the home to sell for k, but a fair price would be 0 a sq foot…

So, now people are beginning to realize – in this FEEDING FRENZY of Real Estate – that in very short time, homes in San Diego and other such communities will be unapproachable.

What is your spin on this?? See link…

http://articles.moneycentral.msn.com/Banking/HomeFinancing/WhyYouCantAffordAHome.aspx

100807

73% of doctors favor the public option?

http://www.californiahealthline.org/Articles/2009/9/15/Poll-Finds-Majority-of-Physicians-Back-Public-Option-in-Health-Reform.aspx

that’s it Ron, shoot the messenger and disregard the message. very typical.