Different strokes for different people.
5 years back I thought I have a kind of permanent job in San Diego but with the flight of jobs from SD to low cost areas, this is no more the case.
Renting a home is not looked down any more.
Only reason I bought house is to build equity and I am glad I didn’t pay heed to people in 2007/6 and bought in 2011.
The real estate in CA is very cyclical and I a sure there would be opportunities abound for the people who have the patience.
