I am not bitter and am quite joyous about being 0% real estate.
But I am deeply concerned about how this situation is unfolding. When I started researching it in April ’06, I quite thought I would be buying a house here in SD in 2007. Now I think 2012, and in telling my daughters how WWII originated in the Great Depression, I realized how perilous economic malaise is. Societies do all kinds of stupid things during such periods; I just hope we don’t bring dictators to power in the next years.
I find it very hard to resist that bottle of vodka in my liquor cabinet.
By the way, I am looking for a phat rental (4-5 BR, Rich’s dream house?!?) in Carmel Valley and vicinity beginning June ’07. Anyone feel like sending tips my way, let me know.
