It seems like buying here(Mira Mesa) now makes sense for people who want to pick up a second third etc. house and they have big cash flow by renting the one they are currently occupying. This should be easy to do for people who bought in the 90’s or earlier, they might consider themselves better off by securing current rates and getting the cash flow rolling into the new mortgage instead of letting it stay latent. This may the next generation of successful small time investor/ landlords. They make a lateral move as far as the house quality goes or step up a bit. The risk is pretty good.