[quote=sdcellar]
You augmented your example, but following the theme…
If your place drops to a buck (and Del Mar, to five), you are probably going to extract roughly half a cent per month in rent. I am certain that I’m not confused.[/quote]
You are confused, since you forgot where you started. If I can rent my for less than my mortgage, then YES, I won’t be OK anymore. Do you understand now?