When I read this post I don’t know if I should laugh or stick up for other piggingtons. In all honesty I know that I am one of the people that wishes to see foreclosures rise and prices fall. For flippers to fall flat on their faces and fraudsters to go to jail.
If this market stablizes, and this is the new trend. There will be a population decrease for sure. As my wife and I will be one of the many white collar professionals that loads up the uhaul for another area that’s affordable. Even though we make 120k+/yr, we can’t afford anything that makes sense.
My college roomie who loves SD more than anywhere and is basically a walking tour guide for SD has also admitted he has thought about moving, another white collar professional gone. I’m sure there would be others to follow.
How is that sustainable?
The funny thing about all of this is the attacking of both SDRealtors. Who often present data to people like me that many times isn’t what we want to hear. Prices sustaining, things not declining like they thought they would. Real data as they are out there to witness it first hand.
Enough attacks already, people took loans they couldn’t manage. (I almost did the same, until I really looked at the numbers) SDRealtors and anyone else. You shouldn’t feel the need to justify yourselves. Everyone that has been here for a while respects and appreciates your opinion already. You have nothing to prove.
I too find it funny that “take a chance” goes in line with buying a house. Some things I’m not willing to “take a chance” with.
