I’m willing to bet the guy who bought my future home in 1990 didn’t imagine he’d be selling it for LESS money 8 years later. I mean, it is in Del Mar. Some places will never be affordable.
Just so you know, it seems so patently obvious that afford-ability is relative, that I didn’t think I had to mention it. For someone with a good income, zero debt and an 80k down payment, I figure a unit in this development in the low 400’s is not unreasonable when things get bad. I could be wrong, time will tell.
