way to by at the top of the market...SF has gone absolutely bonkers in the last 2 years
Sold in 2013 and have been weeping rivers every time I Zillow it
Well, I disagree that it's the top of the market. SF isn't doing anything to fix it's supply of housing while demand is continuing to rise. And the primary focus on new homes is the Affordable/BMR type, which only benefits those at market rates. We negotiated a "bargain" in that we managed to pay under the market rate of $1000 per sq foot...
However the real driver was our skyrocketing rent. Our mortgage is actually less than what our rent had risen to, which is insane. SF Property values were beating our market returns so it's an investment for sure.
I'm fairly confident only the big one can do me in now....