Real estate people: Is there a bubble?

<p>Just drove down to San Diego yesteday. I can vouch for the over-stressed infrastructure…and we got off <em>before</em> the 805 branch off.</p>

<p>The population is exploding in Southern California. Are there plans to build up the infrastructure?</p>

<p>Uh, don’t think so… we are broke!</p>

<p>Sure is a lot of building going on for a broke community.</p>

<p>I mean, the state is broke. Cal trans is in charge of the Fwy system, not the city gov’t.</p>

<p>SBmom, my statement was just a joke. You are right.</p>

<p><a href=“http://www.nytimes.com/2005/03/01/national/01spec.html[/url]”>http://www.nytimes.com/2005/03/01/national/01spec.html&lt;/a&gt;&lt;/p&gt;