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|Subject: Re: WSJ California||Date: 12/9/2012 2:55 PM|
|Author: AngelMay||Number: 1843389 of 2112341|
I'd say CA is a disaster waiting to happen.....financially, and geologically.....
You're not paying attention to the realities. California's economy will grow twice the national rate in the coming year.
As I posted on my own board some days ago.... California must have SOMEthing going for it. Housing prices have risen in my county by 11% this year.
And saw on news the other night that a house in the bay area - nothing special and not very big - was priced at just over $800,000. They held an open house for it and had more than 200 people come through and over 20 offers into the $900,000 range. They expect it to sell for about a million dollars.
This does not, to me, sound like a place that everyone is leaving. Just the contrary.
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