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You're forgetting the equity that you are getting and it's growth. In addition, although you may believe that home prices are going to depreciate over the next 5 years, the long-term says that is not the case. If depreciation does happen, I'd suspect it would be the $1mil homes that are 1400 sq ft on tiny lots in the heart of undesirable suburbs. Don't forget there is a huge net influx of folks to Kali, some ridiculous number like 400K/yr.
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Peter
'79 930, Odyssey kid carrier, Prius sacrificial lamb
Missing  997.1 GT3 RS
nil carborundum illegitimi
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