[quote=briansd1]I suspect that there will be a few a 4S Ranch who have the wherewithal to stay because they rolled over equity from selling elsewhere and intend to stay.
In markets such as Downtown where people bought as pure investment plays, the purging will be painful.[/quote]
Thanks for clarifying this:
[quote=briansd1]
Those peak purchases will nearly ALL get purged then recycled to lower cost basis.[/quote]