[quote=jstoesz]Those curves imo are kind of useless. I don’t want really affordable payments on a vastly overpriced asset. That is a recipe for a complete disaster. Not just a small disaster, but end of your fiscal life type disaster.
Furthermore, that is SD county which has on the aggregate come down. This includes all manner of neighborhoods, from Jamul to la jolla. I would like to see that curve by zip code. Now that would be enlightening.[/quote]
x2. Sure I can afford to live in the outskirts or ghetto. Just b/c I can afford it, doesn’t mean it is a good financial move, or even safe move.
There are some pretty cheap homes that have come up in City Heights that are close to 2001 pricing. Just b/c I can afford it doesn’t mean I should buy there just for the sake of living in San Diego. While I’m not aspiring to live in Del Mar or La Jolla, I’d like to do better than City Heights.
For me, I guess as long as I can rent somewhere decent, then buying isn’t an urgency. It would be nice to find something to buy close to what I’m renting in my area.
