Tuesday, Oct. 14, 2008|For those in San Diego who are whining about declining home prices:

Never mind that they got out of hand. Never mind that National Association of Realtors former Chief Economist David Lereah assured us the housing prices never go down. Never mind people were living beyond their means.

I have not sympathy for people there. The pain should get much worse if I had my way. Home values should be based on cost, location, and demand, not on the greediness and desires of people.

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