Sacramento: 301 Capitol Mall: A New Plan for The Towers Site

[kenratboy]

mechanico:

Yes. In California, or even the whole West Coast, housing prices has been climbing since...ummmm...care to tell me when they have NOT been going up in general?

If you are going to own a home for more than 5, 10 years, I think the odds of not making money are slim to none. Since the end of WWII, the state has been growing and prices have gone up and up. I just don't expect to see anything slow that down. It is harder and more expensive to get new land and build, so existing homes have a huge advantage because they are there and ready to go.

Yes, there will be slumps or flat areas, but you are not going to see things just deflate and never come back.