Comments on: Real Homes of Genius: $438,000 for 816 square feet in Pico Rivera! Another Example of Manic SoCal Housing! http://www.doctorhousingbubble.com/real-homes-of-genius-438000-for-816-square-feet-in-pico-rivera-another-example-of-manic-socal-housing/ How I Learned to Love Southern California and Forget the Housing Bubble Tue, 06 Jan 2009 21:29:49 +0000 http://wordpress.org/?v=2.2.2 By: ET http://www.doctorhousingbubble.com/real-homes-of-genius-438000-for-816-square-feet-in-pico-rivera-another-example-of-manic-socal-housing/#comment-4861 ET Tue, 01 Jan 2008 20:13:14 +0000 http://www.doctorhousingbubble.com/real-homes-of-genius-438000-for-816-square-feet-in-pico-rivera-another-example-of-manic-socal-housing/#comment-4861 Good work! Amazingly see so many buyers are still buying now. Simply don't believe there is a bubble. What could happen in Japan is not going to happen in the heaven of the Golden California. Their logics are simple enough that no new land is created in this desireable State, construction costs are more than double than 90' (now it is about $250-300 per living sqft) and new immigrants need a shelter. Their conclusion is there is no way for California to see a downhill housing market. Great! it helps the market. I don't mind that's your money as Mr. Anderson of Chennel 9 always said. Good work!
Amazingly see so many buyers are still buying now. Simply don’t believe there is a bubble.

What could happen in Japan is not going to happen in the heaven of the Golden California. Their logics are simple enough that no new land is created in this desireable State, construction costs are more than double than 90′ (now it is about $250-300 per living sqft) and new immigrants need a shelter.

Their conclusion is there is no way for California to see a downhill housing market. Great! it helps the market.

I don’t mind that’s your money as Mr. Anderson of Chennel 9 always said.

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