You are most likely correct. She is my sister’s freshman roomate from college and we are all from the east coast(philly, NJ area). We all moved out here 03-04. Honestly, I am not sure why she moved into such a small place and my statements are just speculations on her reasoning.
I remember us having discussions about SD RE back in 04. We came to a goup consensous that it was crazy and we were not going to buy into it, w/o any knowledge of “bubbles”, fundamentals etc…. A few months later she went behind the groups back and was in escrow. The rest is history.