2 ms·
> The steep decline in home prices suddenly makes California, with its many natural amenities, an attractive bargain. I've been waiting for months for someone
by ggchappell 17y ago
> The steep decline in home prices suddenly makes California, with its many natural amenities, an attractive bargain.
I've been waiting for months for someone to say this. A big drop in housing prices is certainly bad for you if you want to sell, but it's very good for you if you want to buy. Put that together with the fact that housing prices have been ridiculously high in some areas of CA, and we see that now a lot of people might have the opportunity to live "the American Dream" again.
Why all this has been consistently presented as terrible news is something I've never understood.