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All Locations > California > Central Coast > Hwy 33/Ojai > Fortress > Right Side Gully > Permanent Income Hypo… (5.9 5c 17 VI 17 HVS 5a)
Romain Wacziarg on the upper reaches of Permanent Income Hypothesis, on the route's second lead ascent, January 23, 2007.
ID 105912496 · · Copyright Violation?
View of the arete of Permanent Income Hypothesis, taken from a point high on the South-East, or climber's left, side of the gully. The route follows the skyline.
Romain Wacziarg climbs through the first crux of "Permanent Income Hypothesis" during the route's first ascent.
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Romain Wacziarg
Jan 25, 2007
“Romain Wacziarg on the upper reaches of Permanent Income Hypothesis, on the route's second lead ascent, January 23, 2007.”  

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Nearby Photos

Romain & Alberto, two economists, on "Permanent Income Hypothesis," at the Fortress.
Romain Wacziarg airs it out near the top of P.I.H., at the Fortress.
Matthew Fienup nears the top of "Permanent Income Hypothesis" during the route's first ascent.
Romain Wacziarg enjoys stunning arete climbing on "Permanent Income Hypothesis" during the route's first ascent.
A) Free to Choose (5.8)<br> B) Permanent Income Hypothesis (5.9+)
Romain Wacziarg on P.I.H., at the Fortress
Permanent Income Hypothesis and the related rappel line.
Maidy at the belay at the top of pitch 1.
Rest spot on PIH
Pitch 2 of Permanent Income Hypothesis
Richard Duncan topping out on Permanent Income Hypothesis.
From the summit looking down at the route. It follows the eret all the way up to a small ceiling then move out on to the face.