RUFCrazy

California Signaling A Housing Bottom? [Housing Tracker]

You must not live in California or you are smokin crack. Maybe in another couple of years and 25% lower wil we hit a stable area. Maybe.

Rent to value ratios of 25-30 make no economic sense and with incomes falling and unemployment rising something has to give -

Hint: it's home values and they are gonna keep dropping as fast as a toilet flush from the Sears tower.