Quote:
Originally Posted by Zeke
The real question is about real estate. We are way out on a limb there, at least in CA. There hasn't been a 'correction' in too long of a time. My wife won't go for it but I could walk away today with about $700,000 cash if I sold my little 1300 sq ft 2 bed 2 bath house. I see 200K going away WRT that deal soon.
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Wow! I knew CA real estate was high, but not like that. My 1300 sq ft, 3 bed 1 bath, new kitchen 1939 built house on 1/4 acre in the city next to a park is valued at $100k and I would be lucky to get that.