after 15 years of paying P&I, repairs, etc., you sell for no more than what you paid.[/quote]
Although that has happened in a few area’s/cases in this current downturn in SD and T.V., I would consider that extremely unlikely in the next fifteen years for most of SD or the Temecula valley.
And the fact that has happen during this downturn should give you an Idea where the cash flow deals are…[/quote]
Nor-Guy: I essentially agree with you. I think that places like the IE will have higher prices in 2020 than in 2009. But that’s only our educated guess, we can’t tell for sure. The point I’m trying to make is that when making an investment we need to make conservative assumptions, and also consider “what if” scenarios, even very pessimistic ones.
