I feel the same way you do. But, all is not lost for I will be in low-ball heaven when I move to San Diego and rent one of the thousands of places for rent on craigslist. I could easily buy a place in San Diego with cash, but I’ve done the math and it is much better to rent. As a matter of fact, I am renting here in Virginia Beach, VA at the tune of $400.00 a month cheaper than to buy the place. Oh, don’t you worry, people like us who own our cars and other things outright and who have saved our money and who pay off our credit cards in full each month will get the last laugh. Sleep good tonight and be thankful that you’re not one of those foreign investors who at one time respected the USA until the USA sold them the mortgage investments that promised future higher returns.
