I’m not looking to buy, so it’s all hypothetical for me. I think the reason why it sunk to 2000 price is probably the same reason why it got to its 2005/6 price. What it’ll sell for in 2015/2020, I have no idea. We’ll find out in 5/10 years. When both return to their peak value, the 2000 priced home will give you a much better return. That’s why I like Escondido and Chula Vista. They both represent very good value in today’s market. If I work down south, I would be buying down there in a heart beat.
