California house prices will never fall (rapidly) ever again

The next housing bust will preserve prices at the expense of home sales volume.

Real estate only goes up, right? The idea that real estate only goes up was the erroneous belief shared by every participant in the housing mania. Everyone who believed in this fallacy threw caution to the wind and...
http://ochousingnews.com/blog/california-house-prices-will-never-fall-rapidly-ever-again/