[quote=yuhtey]nobody is going to come back here and post that they just bought a million dollar home at address X. who would be comfortable posting that on the internet?
the drop-off observed is because the potential buyers actually buy something and move on. i’m trying to figure out maybe i will post the area, post-transaction, but nothing more. the cyber-stalking one can accomplish with the APN, LinkedIn, Facebook, etc. is staggering – if the property is not under a trust.[/quote]
A million dollar home is not that special here in San Diego, or for that matter in socal or nocal, so I don’t quite a understand why you think it’s such a big deal. Especially when rates are so low, job market isn’t that bad. Any two seasoned professional couples with decent jobs and not a lot of outstanding debt elsewhere could manage that, if they chose. Some famailies dont want to do that, because they want to be able to have more financial flexibility elsewhere. And for other families they don’t need to be pretentious and buy that $1.2-1.3million home as a “starter home”, taking out a large mortgage to do it.
Let’s face it, if you are buying house now, your buying while prices are high. Your money isn’t going to go that far for you given your expectations and where you want to be. You can take a chance and rent longer to see when home prices correct, and maybe it will work out for you if you don’t have to wait that long paying someone else rent and wait for the correction. Or you can get more realistic in your expectations.
