[mikester]

They are building condos like mad in the marina del rey and Venice areas right now. It's crazy really...

I've seen our house appreciate on paper bay about 30% since we bought it in '04 (which likely was a mistake). I'm just waiting for the bottom to fall out but I just really am skeptical that the "bottom will fall out" because there is a scarcity of single family homes these days in the area I live in. There isn't any new construction in El Segundo really...plus the ESUSD is pretty highly rated and the community itself is rather stable...I hope...I hope...

Well; we intended for the long haul but are considering a lower cost of living...