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Does the spirit of Justice lie in wait for house splurging Brenda?

California Real Estate, July 2002 = NASDAQ, January 2000.
It's going to come to a bad end - not a collapse, but a gradual grind down as qualified buyers begin to disappear and two income families try to handle those $5000/month mortgage payments on one income. Marin County has been just like Orange County, with a double digit rise in prices just this year, but just in the last month the starter home market here ($500-$700K...and I'm not kidding) has started to fray around the edges - more supply, less demand. As for the $1M and up homes, they have already come down 20% or more from their peak.
It won't be long now.

Source Freeper Mr.Jeeves commenting on FR thread "Gold gain points to market meltdown". reply 87

I think you are correct...I've been hearing about the over-extended families in California and the related tech Melt-down.

The VD's didn't seem to know much about handling money to begin with...and the fame and fortune coming their way from this terrible crime is unbelieveable...maybe thanks to their good PR firm? Who knows.

"It won't be long now"...As we sit here and watch our portfolio go down...down...down...:~(