Rich, could you please inform us whether you purchased any real estate in San Diego during this housing boom? You keep saying I am wrong, but have not offered up anything else. Your past posts note that you’ve been a renter (according to the Voice of San Diego in Hillcrest) since you moved here, but kept your Texas home which you are renting out. If this is incorrect, please say so. I won’t ask again.
Everything you said in the above post is correct. This is not the same as my “never having bought during the boom” as you alleged in your earlier posts. I owned San Diego property before moving to Austin and for some of the time I was living in Austin. It was a very profitable investment and to say that I never bought or profited during the boom is categorically incorrect. To clarify something else, I recently sold my Austin house, also at a nice profit.
I’m sorry for my reaction, but after the way the WSJ article misrepresented the situation I am a little sensitive to people talking about my personal financial matters, especially when they don’t have the facts right. I am sharing this information to set the record straight, not to condone further discussion of what I consider to be my own private business.
