tag:blogger.com,1999:blog-25213986.post115681738817439389..comments2023-09-05T02:56:11.562-07:00Comments on San Diego Market Monitor: San Diegans Start to Feel the Exotic Mortgage PainUnknownnoreply@blogger.comBlogger1125tag:blogger.com,1999:blog-25213986.post-1156852066987411382006-08-29T04:47:00.000-07:002006-08-29T04:47:00.000-07:00Bennett's story is important and the message is th...Bennett's story is important and the message is that <I>it's a trap!</I> Potential victim Haas is an intelligent scientist, but she may just be paying a mortgage on her San Diego condo for decades. The system expects <I>somebody</I> to actually pay off the principle on all those loans. So as house prices fall over the next few years, mobility will drastically reduce. This isn't going to be pretty.Anonymousnoreply@blogger.com