Thanks for the encouragement. There is money to be made in bull market AND bear markets, bubbles and busts! The trick is the timing, which I am no good at! 🙂
I have been reading piggington.com for about 3-4 years now. I’ve only jumped in and started posting. I’ve pointed so many people to this website and they would not believe that RE can go down in SD. They are starting to believe it, but only to the tune of 10% max. Even with reasoned explanations, I get retorts like “the sun tax” or “everybody wants to live here”, which are emotionally based reasons. I don’t see 300 million people living in San Diego, and until I do, fundamentals matter.
I hope you do well in your real estate hunting in the next few years. I have a feeling I’ll from zero properties to a house and a few strategic condos in 2010.
