[quote=AN]In the eye of a buyer, if we get a tsunami, I can get a Del Mar/Solana Beach house for the price of a Mira Mesa house. If it trickle, then that result will never happen.[/quote]We will never get Del Mar/Solana Beach houses for the price of Mira Mesa houses and we both know that, so how about you a) quit suggesting such things and b) stop pretending that you’re wishing for prices to drop?
You wish for nothing more than for your own home purchase to be the savviest move ever and suggesting that only relatively impossible outcomes are the alternative certainly helps you feel best about it all.
I notice you’ve again introduced the notion that potential interest rate increases won’t be offset by reduction in home prices. I thought we’d settled that, but now you conveniently put forth 30-40% rate increases and only 10% more in price reduction. Seeing as neither of us can know where that goes, I find it interesting that you just keep tweaking the numbers in your “favor”.
I mean, for goodness sake, can’t you take what’s already pretty tough for those waiting on the sidelines and be happy with that? Inventory is extremely limited and prices are holding. Isn’t that enough for you?
