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APARTMENT BUILDING INVESTMENT PROPERTIES IN SAN CLEMENTE CA - SOUTHERN CALIFORNIA
San Clemente: A small, sleepy community located in South Orange County, California. As of 2005, the city boasted a population of 65,900.  It's just south of San Juan Capistrano and just north of the Northern tip of San Diego County, it is known for its ocean, hill, and mountain views, pleasant climate and Spanish Colonial style architecture and was home to the Nixon Western White House.
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CNBC predicts a second dip in housing sales which means more foreclosures and more displaced homeowners. Google March 23rd Gary Schilling interview.
California has a 900 mile coastline and NO ONE is capable of building anymore coastline.  The Los Angeles Basin is bordered by the mountains on the east, the Pacific Ocean on the west, San Diego on the south and Malibu on the north.  The warm desert breezes run into the cool ocean breezes and create a Mediterranean climate that everyone in the world to aspires to experience.  However, right now, California real estate is experience the same downturn that every place in America is currently experiencing.
The farther down the property values descend during this economic slowdown (the Great Recession of 2006-2020?) the more properties which will fall below the "underwater line".  ... more

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