[quote=SDowner]You verbalized the root reason for my post very well CA renter. That is exactly my frustration. I dont know if the financially responsible ones will come out the winners, just cause the govt and tax laws encourage a debt ridden society.[/quote]
I think a lot of us will. The ones that bought when the floor fell out, whether it’s a primary or rental or both..and/or the ones that are going to enjoy the next 15 or 30 years with an unheard of fixed rate mortgage…..and possible will sell at the top again in the future…
Rinse and repeat, over and over again….
As a wise person put it to me.. It’s not so much whether you’re going to win or lose… At this point, it’s a question of how much you’re going to win by… Which is an excellent point that I took for granted…
