House prices in San Diego have risen much more rapidly then in the U.S.. But, I think we can explain housing prices in most places, and if they're explainable that means we don't have a bubble.

San Diego is the best city in the world.

It's not fair that prices have risen so quickly -- so rapidly -- because the product that is for sale was purchased (before the hurricane) at prices that were much lower by the companies. So there's some profiteering going on here,

The past nine years in San Diego have represented such a period of questioning.

The downgrade reflects our concerns about Wolverine's exposure to rapidly rising copper prices, which have risen by about 50 cents per pound since the end of the third quarter of 2005 and about 20 cents per pound in January 2006 alone. We expect that higher copper prices would result in a continued drain of Wolverine's liquidity and that Wolverine's credit metrics will remain very poor over the near term as the company continues to face high copper prices.

Usually I'll go to San Diego to hang out with my parents if I want to unwind.