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To: Bon of Babble

Eventually there must be a collapse of the real estate market in SF and California in general

As the Leftist political class systematically destroy the quality of life in CA the flood of refugees will turn in to torrent and people will rush to unload their homes and businesses, prices will plummet.

Get out now while you can.

But there is a bright spot to this.

As people make the mad rush for the door, tax revenue will fall and Social Services will be bankrupt the state.

On a side note make sure you get out of CA bonds now.


13 posted on 12/16/2023 6:42:12 AM PST by Pontiac (The welfare state must fail because it is contrary to human nature and diminishes the human spirit.)
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To: Pontiac
We had property in California, as in Germany. We sold and got out. Twice.
23 posted on 12/16/2023 7:16:05 AM PST by Worldtraveler once upon a time (Degrow government)
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To: Pontiac

SF real estate is already crashing.

Largest city MALL announced over 6 months ago that theyw ere NOT paying the mortgage.

A number of HIGH end renters have already left-—

IIRC—_THE OLDEST MEN’S haberdashery closed down after over 100 +++ years.Was a renter in that mall I think.


28 posted on 12/16/2023 7:32:17 AM PST by ridesthemiles
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