“Million dollar sales puff up sfr resales, cheap condo conversions bring down new home sales. It all gets mixed up in medians.
Nah, closing costs and taxes will kill me. Won’t do 1031 either. I’ll just collect (rising) rents. All are prop 13, 2 are f&c, 1 @ 4.35% fixed finished in 6 yrs, about the time I’ll buy additional properties for 50% off ha ha.”
I thought you don’t believe it’ll be down more than 10%, now you say 50%? Wow, and I was told I’m confused.
If you think it won’t drop more than 10%, why don’t you dump all your cash in and buy 10 more @ 0% down and get the “rising” rent. Contradition galore.
