Here’s my recommendation for you. Go buy sfh in Mira Mesa right now. You should be able to afford that easily with cash. Your wife most likely will object, but give her all the projections and data we have about MM growing and up and coming and its a great long term investment for the next 5 years, when you can turn it into a rental when you are ready to move into Carmel valley. Your kid isn’t old enough to take advantage of the public schools in Carmel valley now anyway, so she will most likely want to send your kid to a Montessori preschool, like most other Asian moms want to do. So you have 5 years you can wait to see if home prices or inventory normalizes. You can pitch that with appreciation in MM likely, you can even sell the home 5 years later and capital gains is taklx free up to $500k. See, when you talk you your wife, you need to talk it with terms she understands. Finances and money.chances are she understands numbers very.well, and if you explain to her your plan, she will understand that Mira Mesa is a great opportunity in the short term and great.investment for the long term, with Carmel valley in 5 years time down the road.
