
10/14/2025
Hey, guess what? The rich aren't just like us, at least not in California. Despite a sluggish economy and slumping job market they are buying high-end homes in the Golden State -- an about-face from the national trend. Also, foreclosures are back as everyday folks get behind on their payments.
Sluggish economy and slumping jobs market affects the high-end housing market, while foreclosures increase.