Comments on: How big banks earned so much money this quarter http://www.creditwritedowns.com/2009/04/how-big-banks-earned-so-much-money-this-quarter.html Finance, Economics and Markets Fri, 10 Feb 2012 00:37:00 +0000 hourly 1 By: barryschaeffer http://www.creditwritedowns.com/2009/04/how-big-banks-earned-so-much-money-this-quarter.html#comment-56222 barryschaeffer Thu, 23 Apr 2009 00:16:00 +0000 http://www.creditwritedowns.com/?p=7981#comment-56222 I heard an anecdote from a close friend in the San Diego area that confirms that we aren't near a housing bottom yet. He has great credit, great wages and so forth. He went shopping for houses in the county and said that all he saw were $400,000 places that needed to be bulldozed. I think reality has not yet set in for Southern California. Barry I heard an anecdote from a close friend in the San Diego area that confirms that we aren’t near a housing bottom yet. He has great credit, great wages and so forth. He went shopping for houses in the county and said that all he saw were $400,000 places that needed to be bulldozed.

I think reality has not yet set in for Southern California.

Barry

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