i’m a black belt 5th degree in google-fu. i’m also a level 15 nerd.
yeah, the insanity is irritating. it kept me from buying in early 2k; how could prices possibly go up any higher? not to mention, everyone in the media was talking about a “housing shortage” rather than retarded interest rates and cracker jack loans. i was too busy drinking at the time to bother with doing any of my own research. and hey, if NPR says it’s a shortage, it surely is, right? (fcking gloria penner and her round table of UT hacks.)
rents are going down so your reasonable price may also go down. not to mention, as prices go down, the standard of measure goes up. ie., for 120k, why not hold out for a 2 bd? or even, a house out in the boonies? and a condo in fashion valley doesn’t look that great when carmel valley is coming into range…
