[quote=sunny88]The only problem is that you can’t time the market and long-term, i.e. in 15 years the home prices will be (hopefully) higher than now.[/quote]
Sunny at the rate this government is going we will all be living in shacks with tin roofs in 15 years (except for those getting bailed out). One thing we can’t time is how fast our government is printing dollar bills, nor can we count the number of absurd government programs aimed at stimulating bad debt!
One thing we can all assure you here on this board is that real estate has yet to hit the bottom and Obama has made every possible move to help the same irresponsible buyers to remain in the homes they still won’t be able to afford.
Trojan, rent a place in Encinitas or Carlsbad by the beach, drink some Mai Tais on your days off, jump on the 5 during non-traffic hours for your quick shot to LA and wait for the market to reveal itself to you! Regardless of your situation waiting will only benefit you!!
