It might seem obvious to us today that a coastal house in California was going to be worth a fortune, but if you observed pricing in those areas of California from the 50's through the 80's it would look nothing like what's happened in the last 30. 

Here are the things I am observing.

I would encourage those who aim to disparage the city and those who operate within it, to observe how everyone else is taking care of the clients who were the hardest hit.

@Joe Splitrock During our last walkthrough (approximately 2 weeks before closing) I personally observed the water being turned off at the meter. 

I'm relatively certain, just by observation of traffic alone, the hotel has a great deal of underutilized capacity.

(Belize doesn’t observe daylight savings time, so half of the year the country is on CST, and the other half MST.) 

Hi Everyone,I've been a quiet observer on these threads for the most part, but given these precarious times, thought I would get some community feedback. 

Follow me for more useless observations.

The other big difference (observation not because I was investing or in real estate in ‘08) is the supply vs demand issue.

So if you observe housing prices outpacing wage growth with time know that something just isn’t right.