[speeder]

Investing in CA. RE for a place other than to live in has been a game for people with more of a stomach for risk than me the last few years. Just when I think it can't possibly go up any more, it jumps another 20% annually.

I understand the global forces that are fueling this boom but I'm not willing to bet my $$ on when it will lose steam. The prices in Venice, CA. or the SF Bay Area have been absolutely defying gravity for years now. I've noticed the same thing but with much milder rates of appreciation in other desirable places such as Seattle and Portland. It just keeps going up.

It's crazy to read the date stamps and comments from the beginning of this thread until now.