Fuck me, you're talking astronomical numbers, even worse when I convert it into our local currency, its like multi-millionaire status a few times over lol. Cali is going for japanification, there was a time I remember hearing that one part of Japan was in a real estate bubble and this one piece of land with a palace on it was worth more than the entire state of california
I wonder how long this keeps going up surly theres only so many people with a salary in the ENTIRE world that would qualify for home finance at those prices, surly demand dries up and prices level off
Unless you guys do take more of the Japan play book and issue 100 year mortgages lol
RE: A Peek Into the California Real Estate Bubble