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To: H James Morris who wrote (139587)	2/20/2002 1:03:47 AM
From: Skeeter Bug	Read Replies (1) \| Respond to of 164684

>>real estate is all about<< hj, real estate, like any other investment, is about value, imho. what do you get for your dollar. when i bought my home a gauged the deal as fair - i didn't get a great deal, they didn't get a great deal... we both did alright. now that the numb nuts have bid the home up another 50%+, i wouldn't buy a home in san dawg now b/c i'd be too busy moving out - just like i did in the bay area! -ng- it is probably odd to most people, but i want housing to drop even though i'm a home owner... i really would like to upgrade in about 4-6 years and i want a fair to great deal. i don't want to trade up... i won't overpay for real estate (or anything else!) and i don't care if the home is bordered by a couple sororities of your ex girlfriends - too much is too much! ;-) >>The better the location, the better the appreciation.<< very true... but... the more you lose on the way back down - the bay area is a prime example. that is why price is so important. a good price minimizes loss potential while maximizing upside potential.