Sorry sdrealtor! I didn’t really realize there were so many homes on that street.
Anyway, thanks for the feedback and I agree that you’ve done all you can to give us insight and in the end, I really do agree with you that people really just want to settle in to that last home they’ll grow old in.
Factor in people holding onto real estate here because at some point it’s just too cheap not too, and it’s hard characterize any of it generally! (and even worse in the last 5 years or so, right?)
I should close by apologizing that I conveniently forgot that my parents actually do still own the house they bought when we moved to San Diego (in 1978). I was thinking of things in terms of residence rather than ownership. So, see even for me, I know more people who have held real estate for 20+ years than I thought I did.
Again, thanks a lot. I know I really appreciate your insider’s view and your expertise extends well beyond the bubble of the last few years. I’m glad you share it with us.
For myself, I’ve been aware of this stuff for about, oh, 9 months or so. That should give you a good idea of the depth of my knowledge. I definitely think I have a clue, but I know I’ve still got a lot to learn.
