I think buying into an area that has held up thus far is far worse than one which is playing out. Ultimately it will trickle up but as it holds the disparity increases and creates a greater loss potential. If zip code A is traditionally worth double zip code B but zip code A is holding even and zip code B falls 25%, the worst investment today is zip code A. Despite the desirablility the multoples are getting out of whack and will eventually come in line.
BTW and off topic, now that the patriots have been caught cheating in the first game and are awaiting sanctions, who has last years playoff game still on tivo and will we find the mystery video guy/assistant coach decoding charger defensive calls on that tape. It’s going to be the “grassy knoll” of our time. I want every scrap of film analyzed from the past seasons, I want asterisks in the record books, I want rings taken back. How will this affect Sunday when the Chargers play the Cheaters. LT is going to go off Sunday and after the game he is going to mention to a reporter on the sideline that the Cheaters, cheated him out of his shot at the superbowl last year. My prediction, Brady gets a season ending “theisman like” injury at the hands of the Shawns and Belechick is arrested in a nightclub/stripclub scuffle/gunplay incident. They f&*#%@ with Karma and she f*&$#%’s back.
