[quote=sdrealtor] I still beleive supply will stay modest with folks locked in because of low real estate taxes they cant move (under 55 years old), potential massive capital gain tax bills and fixed rate mortgages under 3%. I fit into 2 of those in a big way.
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This is not new news, but thanks for reminding me that I’m effectively locked into my house for at least the next 12 years, until I’m 55 so I should stop procrastinating and get on with those renovations… 🙂