Barring a nuclear strike on San Diego, a massive earthquake, a melt down at San Onofre, or a meteor strike on Del Mar it won’t happen.
grateful owner . . . .
Ahhh the smug self confidence of someone who hasn’t the slightest notion of what 9%+ interest rates would do to your homes value. There are no guarantees we’ll get there but if we do, look out below.
I noticed you have a 10 year IO loan, are you paying principle? Otherwise there is a good chance that that debt will become more onerous once deflation becomes more evident.