Especially in San Diego where there are only a handful of employers that aren't minimum wage employers.
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can we stop talking about #sdhousingprices please? it's been so lame for a while.
Housing prices always drop 3 months after an interest rate increase. Basically, some people don't qualify for a mortgage anymore.
Same as when the Fed discontinued their bond buying program, mortgage rates were going to skyrocket.....except they didn't.
If you want to to do serious bait fishing, then you need to go farther south or north.
http://graphics.wsj.com/reacting-to-fed-rates/
BS.