In the current Forbes there is a chart indicating states in which safe investment can be made in real estate and munibonds.
There is a footnote indicating that in California the ratio of those receiving state money to those providing state money is greater than 1
Got link since I don’t get the magazine? I’d really like to see ANY muni-bonds that are worthwhile in California as so many communities are going bankrupt, and Calif at the bottom of all 50 states in so many categories. Although I do agree that property will eventually rise, so what are you talking? Buying distressed properties or REITs or what?