Comments on: Southern Cal Housing bubble? https://calwatchdog.com/2013/12/23/southern-cal-housing-bubble/ Wed, 25 Mar 2015 05:43:03 +0000 hourly 1 By: Queeg https://calwatchdog.com/2013/12/23/southern-cal-housing-bubble/#comment-60846 Thu, 02 Jan 2014 04:56:38 +0000 http://calwatchdog.com/?p=55912#comment-60846 Loan underwriting is pretty tight. Appraisals are painful not liberal. The cash investors are doing some damage restricting affordable supply.

Bubble maybe but lots of deep pockets to ride out a downturn.

The 2014 inequality mantra from D.C. might open up the liberal loan policies again……then cross your arms and legs too!

]]> By: Bill - San Jose https://calwatchdog.com/2013/12/23/southern-cal-housing-bubble/#comment-57629 Fri, 27 Dec 2013 10:13:29 +0000 http://calwatchdog.com/?p=55912#comment-57629 It has me cringing and then some.

It looks good right now but with odd ball numbers for unemployment between counties in NoCal from 4.7 to 7.8 in less than 30 miles, it begs to ask how that makes for a stable environment long term.

Let’s keep a few fingers crossed.

]]> By: Dyspeptic https://calwatchdog.com/2013/12/23/southern-cal-housing-bubble/#comment-55689 Mon, 23 Dec 2013 19:41:54 +0000 http://calwatchdog.com/?p=55912#comment-55689 It seems as if the signs of a re-inflated bubble economy are everywhere. Stocks through the roof, ridiculous prices for IPO’s, housing up 20-30% in a year, inflated hiring numbers, banks making so much money that they routinely settle ambulance chaser lawsuits for hundreds of millions, malls bursting with shoppers maxing out credit cards, empty lots dozed and graded for housing few can afford.

Can you say “It’s like 2007 all over again”. I knew that you could!

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