Reply #5: Crashed here in '90

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and the same houses are now worth thrice what they were then. The deal is, California is not just a place on the far left of the map. It's got the best weather in the country, fresh vegetables and a heavy blue population which is evident even in the least progressive parts of the state (mid-to-southern valley). Oh yeah, it's got the best ocean too! Bottom-line: people want to live here for good reasons and it's the market which drives housing prices.

PS: After the latest political debacle, I'm damned glad I live here. :)

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