Good point R,
I chose my words poorly. What I should have said was I know the relative value of my house very well and that is what I base many of my opinions on. I know what it took to carry it when i bought it and what it would take to carry it through early 2003 as I still had a very good idea of what it was like to be a corporate worker bee. By 2003 prices lost all semblance of a basis on reality and what people actually earned. After several years away from that world, my frame of reference is not nearly as sharp as it was. I know houses like mine were expensive yet within reach of professionals with traditional financing in early 2003.
I believe it will fare better than most and will be a relative bright spot value wise. I think it will be far worse in many other areas and I just lack a proper frame of reference to hypothesize on those areas with any level of comfort.
Sometimes I shoot before I aim.
BTW, I dont really care about mine either as I never intend to sell it.
