I usually max out my 401k and Roth IRA so yeah thats true. For me, I do not want to depend on living on 900 a month social security payments when I retire.
So yeah it means I probably wont be able to buy even a crappy condo for at least several more years until major correction hits the San Diego market. It is taking a real long time to hit people though. Too many sheeple still have the fantasy that real estate never goes down. I guess we will know toward the end of 2008 what really is happening with real estate prices.