I would still dispute whether you actually missed out on that much equity, but that’s a matter of opinion.
Regardless, if you were following Piggington’s you know that we are SD-centric. What you may not have realized is that the south LA/north OC areas are running on a different clock. If the market in SD County is fragmented that variance would be compounded exponentially when analyzing different regional economies. SD County is separate from the LA basin areas.
The area you sold in is only now levelling off in preparation for its participation in this correction.
