The California housing market isn’t cooling, it’s on life support.
Politicians keep pretending the housing market is “strong,” while everyone knows it’s crumbling.
Beverly Hills will not be immune this time — the rich can’t save a sinking ship forever.
You can’t pay $9,000 a year for insurance on a modest home and call this sustainable.
Anyone who still thinks the housing market here is “safe” is in pure denial.
The American Dream in California is just debt wrapped in sunshine.
Every realtor says “buy now before it’s too late” — they said the same in 2007.
Who cares if homes are “worth” millions if nobody can actually afford to live in them?
The housing market in California is a ticking time bomb — the only question is when it explodes.
People say “it’s different this time” every cycle — and they’re always wrong.