San Diego Housing – The Worst Must Be Behind Us
San Diego real estate market outlook
It seems everyone from Fed/Treasury, Fannie, big banks, speculators, Berkshire, etc. is doubling down right now, mostly on an assumption that the worst must be behind us by now. Even a lot of homeowners and small businesses are doing everything they can to hang on a little bit longer on the belief that the worst must be behind us by now.
They say in 1930 it was common for everyone to believe the worst was over when in fact it was still only beginning.
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I have followed this blog for about 4 years – everything it predicted is came true.
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Peter Lynch has been quoted as saying the following:
“You get recessions, you have stock market declines. If you don’t understand that’s going to happen, then you’re not ready, you won’t do well in the markets.”
Peter understands this is reality. Do you? Just as there are ups and downs in the stock market, there are ups and downs in the real estate market. Welcome to reality!
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