Again (and I promise, for the last time), that person could if they so desired list that house for below current comps, sell it quick and walk away with a pile of money.
How many of these folks you think it will take to lower the comps to ’01 levels everywhere? Not many at the rate things are currently going.
Anyway, yes I will admit that in hindsight, I regret not buying in ’99 and selling in ’05.
I certainly do not regret not buying since then, renting and saving my money and credit score.
