Tags
Here’s a compelling read. The article says CA is doomed because it is dependent on booms, going back to the gold rush days. The current real estate crash there is due to people who financed homes at too high prices because the previous series of owners overpaid.
BTW, our Az has some of the same traits though on a smaller scale. The primary industry here has been getting more people to move here. Change is now upon us.
Dagny's Desk 