To crash or not to crash?

The San Francisco Real Estate Market: To Crash or Not to Crash?
August 28, 2015, Paragon Real Estate Group
In the past 50 years, San Francisco’s housing market has only “crashed” in conjunction with major national economic events and recessions, and has never occurred in isolation. [See Case-Shiller Index and S&P 500 charts below.] The U.S. economy is certainly challenged by a number of economic, political, demographic and even environmental threats, but we see no significant, near-term indications of a market crash or major recession. Without that happening, we do not expect a local market crash.
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