The wine bloggers continue to advance the idea that wines selling for over $50.00 are dead. Full disclosure requires that I tell you that I don’t have a wine in that price point. But, I have lived through three wine depressions and three housing slumps. I guarantee you that wine will again sell for over $50 and the value of your home in California will come back. I can’t tell you exactly when. I can assure you that change is the only thing that is constant. Go figure.