Well, you cannot tell me that headline was all click bait. There really was a slide down of real estate in California.
I have traveled Highway One on the California coast several times in my life. This highway is one on which the driver does not get to see the fantastic scenery and views. Take just one look at the great panorama, and you will find yourself driving into it. This highway is one of the most winding roads in the USA.
The trick in real estate in California is to buy property near the ocean but not right on the ocean. The price will be lower. Then, one day, Saint Andrew will shake himself in pious rage, and your property will be turned loose to slide right down to the water's edge.
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