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aigel aigel is online now
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Join Date: Mar 2003
Location: L.A.-> SF Bay Area
Posts: 14,891
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Quote:
Originally Posted by fintstone View Post
If the tech bubble collapses and many of the west coast home prices quickly revert to national norms...what would that do to those of you with the million+ dollar bungalows? Nothing? Or are many of you so invested in them as your retirement plans that it would destroy your finances for decades and preclude your retirement?
I think many here bought long time ago and have their homes paid off, so it won't matter. It didn't matter last burst either. The people in trouble are the constant "moving up " crowd and the ones buying toys instead of paying off their principal!
Old 06-10-2016, 07:23 AM
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