Vulture waiting to be a Turkey – in San Diego. I’ve been circling for 5 years waiting for an opportunity to own in San Diego. Despite all the “distress,” it’s still pricey down there!

I want to buy soon – I don’t want to miss the dip. I’ve been thinking that if I miss and buy on the upswing and end up upside down on my mortgage in 3-5 years, I figure at least I’m in beautiful San Diego. I wouldn’t consider it “misfortune.”

Now, being upside down in Detroit… now, THAT’s misfortune!