[quote=Coronita][quote=deadzone][quote=an]sdr, exactly! There are many things we can’t change and don’t agree with. That doesn’t mean we can’t take advantage of the situation. Prop 13 and the environmentalists are the reasons I will keep on buying and not sell. At this point, I’m just hoping dz is right, so I can buy more if we see another crash. So, bring it! I’m ready![/quote]

That’s the spirit!
A crash/correction will be a good thing for the country. I don’t understand why it hurts SDR and some others so much to think about it. If his financial ducks were in a row, he would be able to get behind a crash too! But I’m just pointing out the obvious signals are flashing RED right now.[/quote]

Lol, just because we don’t agree with you that RE is going to crash for the reasons you say they will, doesn’t mean we are afraid of it crashing. Like I said, we don’t *need* real estate crash in order to have the opportunity to buy.

Bring it.

But since you previously talked about “selfishness”, it’s mightly selfish to wish others would have a financial turmoil just so you would personally benefit from it, after missing out the previous opportunity, right?

But *if* the economy crashes, it would interesting to see who can buy, if everyone ends up jobless..Hypothetically, if the economy crashes, and you end up unemployed DZ, would you have the financial means to buy a home? Because… For the finance turmoil you are hoping for, you are kidding yourself if you think you would magically not be affected…There’s always a financial ladder pecking order. It’s a question of who falls off the ladder first and how long people can hold on before things get better . Just like the real estate meltdown in 2008-9….Those that were properly capitalized then were able to buy then…Not everyone was able to though…Those that were able to hold on, are doing fine now….So…Be careful what you wish for…[/quote]

Good point FLU.I lost count of how many doctors and lawyers I saw move from Carmel Valley/Encinitas/Carlsbad to RSF, DM and LJ during the downturn. They kept their old homes as rentals until things recovered. A bunch I know sold them for more than the trophy homes they bought during the downturn.