You’ll notice that, yes, the prices went up from 97-2006. But they went down from 90-97… This was pre-bubble… just the previous cycle. And this is San Diego – so it applies…. not Texas.
Even San Diego has cyclical down trending markets. Real estate does not always go up in price.[/quote]
I’m uncertain about what “CPI-adjusted” means but as I posted before, I’m not necessarily stating that I need to obtain my purchase price. Just recover the amount of my own money that I have invested. They are not necessarily one and the same.
This seems more than reasonable considering the improvements I put in and long length of ownership.
It’s like this: if I can’t recover my OWN investment by the summer of 2014, it will be rented instead of sold. It’s as simple as that and I am NOT alone here. Life can be short. I won’t spend another minute waiting for lazy lenders to do what they were supposed to do all along.
