Is this a good time to buy?

[ThirtySomethingWEquity]

Irvine is designed and marketed towards rich Chinese. There are people in mainland China that aspire to live here because they have sales staff there to sell homes here. Thats why it is on par with coastal cities. The moment we have an excuse to make it not appealing to Chinese, it will perform just like an expensive OC city. I like Irvine, but I don’t think I will ever be able to afford a family home here, so I would need to look elsewhere if the depression ever hits.

just come to Lake Forest, you get a huge discount for slightly less good schools and slightly sub optimal city planning.