bsrsharma,
You may be right but I can’t get over the idea that what you are saying is gambling.

The real advantage I see for Raptor Duck is that he is coming from a higher priced region to a lower and he guarantees that he benefits from this by buying a cheaper house…not a bigger and equally or more expensive one.There is no gamble involved with that, he becomes finacially more secure. As he said though, we all march to a different drummer.

Raptorduck,
I forget if you got the admonition to rent that most would be SD buyers get when they post here. Maybe that could come up again with your new resolution to wait a while? I know you have a big family and all…just food for thought. You could capitalize on selling while the selling is good where you are at, by coming to cheaper market, and by buying after more depreciation.

There was a man who used to post here , in a situation very similiar to yours,family, fairly “well to do” and he did that. He said he is renting a killer house in La Jolla for around 6k. His psuedonym was “Cyphire” if you want to try to find some of his posts.