Default User wrote:
> Dana Myers wrote:
>
>
>>You must be referring to the ridiculous appreciation in
>>housing prices which, so far, hasn't stopped. In other
>>words, an opportunity to make money on the place in which
>>you live.
>
>
> The key being, "so far". See the Houston-area housing bubble of some
> years back. But I'm just funning you, the Bay area is very nice.

There's the Houston bubble, and the Southern California bubble of
1990, and...

I've expected a cooling-off for a couple of years. I suspect
it will likely not materialize in the "value priced" segment
under $400k, though.... "value" under 400k for 2br/1.5ba that's
just goofy.

At least the lump is cheap :-)

Cheers,
Dana