The economy is coming back here but if gas prices get up around $5 a gallon for any length of time you will see a full blown depression here.IMO

I guess instead of getting into depression after reading this, one can look for the opportunities store in there for them.

I've found this to be very frustrating and honestly a bit depressing since I would really like to get started.

Going to work at UPS everyday making $10/hour, I was depressed the whole time. 2- Paying that guy everyday for doing nothing is just pushed me over the edge.

The complex is in an economically depressed area with higher vacancy than the national average.

One is the great depression.

One other thing that can misleadingly depress REO prices is the number of partially complete houses in this area.

It is also a border state and enjoys strong immigration, although this latter factor may be depressed a bit due to some recent laws.

Now, I had no clue it was going to bring down the world financial markets as it did.Currently, I'm reading The Big Short by Michael Lewis - it is a fascinating look at how the mortgage mess went down.I say all that to say - I think you could be in line for some big time gains in depressed areas like Southern Cal because they are way over sold.

We have a strong Section 8 demand in a somewhat depressed section of the city.