[quote=zk][quote=IT.MOM]Congrats. Welcome to the neighborhood. By the way, why did you say price will tank?[/quote]
Glad to be here.
Why?
1. Shadow inventory
2. Unemployment
3. Limited supply of Asians willing to pay anything for good schools (like my wife).
4. Interest rates almost have to go up from here.
5. End of tax rebates (Fed recently, CA soon).
6. Fall/Winter
7-9. A few more I can’t think of right this second.
10. MAINLY, because, after 5 years of waiting for CV prices to fall, I gave up and bought.
I’d have actually preferred to wait, but this lot was so fantastic and unique, I didn’t want to pass it up.[/quote]
The way I get around minimizing disturbing the force, is I do something directly the opposite (a compensating transaction). So for example, if I buy X shares of something thinking market’s are going to tank, I immediately sell Y shares of something equivalent so the net effect on the market is it doesn’t move…Unless I have the unfortunate luck of X going down after I buy and Y going up after I sell, which inevitably also happens….So…Find a cheap piece of asset and sell it. That will counterbalance the disturbance in the force that yourself is responsible for 🙂
And don’t worry. Ask your wife to find a feng shui dude/dudette to give it it’s blessing.
So, I have to ask, are you going to be going to East Ocean Air or Sage Canyon? I hear it switches between the two around that area because EOA is getting crowded. BTW: they just had a opening on the EOA park. It’s a pretty nice park/rec center.
