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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: GraceZ who wrote (3666)	7/30/2002 11:24:15 AM
From: Skeeter Bug	Read Replies (2) \| Respond to of 306849

grace, every fiber in my body says... "sell and pay cash (or close to it) for a home in a less expensive area." couple problems, though. first, the wife says jr would like me to write once a month 'cause they ain't movin' (san diego is awful nice :-) second, i still need a j-o-b in the new area. i had a great chance for a good job in portland... but there's something fundamentally wrong with moving to portland from san diego! ya know, i actually hope real estate craters back to the levels when i bought and i lose all my equity. why? i want to keep my place as a rental and buy a nicer home at a reasonable price. i'm priced out of the nicer homes ($450k+) on general principle right now (not to mention my cash flow would be hurtin' since my wife is staying home taking care of jr right now). in the end, i KNOW i'll regret not selling and moving to a lower cost area for a couple years. but it is something i can live with and be happy. life isn't all about money - at least while one is still employed. ;-) i just hate fiscal disconnects b/c they distort markets and the future almost always, if not always, turns out worse than if they had never happened.