Lighten up guys, it was a jab to remind people. I wasn’t born in 2005, just when I joined up here.
I was speaking to the 3 people who bought at the peak who haven’t walked away.
Try telling joke about low PT to one who paid 900K in Chula Vista in 2005. Lucky gal to the left in 2001 paid 450K in 2001 and the suckers’s mortgage is double and PT was double. And don’t forget builders throwing in the cost of the sink into Mello-Roos (hyperbole in case someone misses that too).
Renters don’t usually pay full share of the 2005 mortgage and PT, or face big PT and income tax at the same time.