Juice, thanks for the feedback. I would be making the same salary, my wife is a Nurse and she is subject to a pay decrease if she moved to another city… that offsets some of the COL savings we might find. If we saved $1K a month on housing but she makes $10K less per year, is it worth it? Not likely. It’s a complicated decision, nothing we will arrive at quickly.
We will be sitting on the sidelines no matter where we end up. Timing the bottom here in San Diego is my first choice, but that’s no sure thing either. As I mentioned, the “bottom” could be that todays prices stagnate for 5 to 10 years. I wish my crystal ball were less muddy 🙂