Alright. You caught my sarcasm. Damn, there are a lot of clever people on this message board.
What has me up at night is wondering:
Will the Fed be able to contain inflation? How much of the stabalization of housing prices will occur due to price drops and how much balance will be brought about by wage inflation? What about the net population loss in San Diego?
OOhh, the drama of it all…..
But, to be serious. I rent and would like to own. Just so I don’t have to worry about being kicked out and moving. But the risk of buying has me spooked.
I have lately been reading a lot of the market bull websites(realtor backers) out there to try and balance out what I read on this board. Still not swayed. For now I am betting with the odds and keeping my money in my pocket. I leave the odds to the professional real estate handicappers, (PMI insurance company), who have SD listed as the market with the highest risk of price correction in the country.
As soon as I can place a bet with the odds in my favor, I’ll be a buyer.
