Or let me put it another way, I bought a 3500 SF Track Home for a little less than 300K in 2002 in Temecula, Had a Deck off the Master, a nice court yard, even a OK sunset view.
Which I thought was a reasonable deal
I am looking to up grade when an if the Housing market crashes. But, there is no way in hell I am going to pay 800K (+ the Tax and High HOA) for a Track home. (unless I am on the water of course).
Can’t see why anyone else would or how normal people can come close to really affording (20% down 30-year fixed) 800K anyway.
