Thanks for the insight, as usual. I think it will be interesting to see how all this plays out. Right now, there is a ppsf differential of about 100 bucks between mission hills and North Park, but with substantially more variability (SDLOOKUP today).
Over and all I would think that a drop of 50 bucks a square foot in NP would be my price point, and perhaps reflect the differences between MH and NP. Academically, it is really very interesting to see how how confused, and irrational the market still is.
Perhaps, unfortunately, the loss of extended unemployment benefits will bring some rationality to the idea that things are ready to rebound.
ps anyone have any feelings and thoughts about el cerrito, my realtor has been pushing it as an alternative… I am ambivalent.
still saving, and saving and saving (thank god for the 0.01% interest that is the standard at Chase!!)
