|
So much for the American dream? I am hoping this stupid, way over priced market tanks so that real people can afford it. Do I feel sorry for people who are in over thier heads? Only to the extent that professionals should be looking out for them, not just trying to make a buck.
Part of the reason I left So-cal was to hand the keys to a sucker who would pay $650K for 1400 sq feet. At least I was by the Ocean. Those idiots who paid $500K for 2200 sq ft, 20-30 miles inland, so they can "claim" they live in San Diego, and meanwhile have temperatures not too far off from what I deal with in Houston.
No. You need to understand the basic economics of the area you are in. If they don't add up, they don't add up. Look at how long Tokyo's real estate has been sliding...
__________________
James
The pessimist complains about the wind; the optimist expects it to change; the engineer adjusts the sails.- William Arthur Ward (1921-1994)
Red-beard for President, 2020
|