This is a state where dope smoking liberals have bankrupted the state and continue to elect more dope smoking liberals.
I have a lot of friends and some family in California. They tend not to be delusional. I continue to laugh at delusional Californians who think that somehow- some miraculous event is going to happen and rescue all of them from real estate and tax Armageddon. I can hear the bus a comin'.
One of my favorite blogs. The California Canary in the Coal Mine and very well researched. Worth a bookmark. http://www.doctorhousingbubble.com/california-one-million-vacant-homes-real-estate-vacant-financial-reasons-home-prices-will-decline-for-years-leverage-mortgage-debt/
Check this out. Fifty six billion short in public retirement funds??!! ROTFLMAO. Get the bong out Charlie, let's take care of this. http://www.zerohedge.com/article/calstrs-shortfall-grows-56b