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One of grand daughters was trying to get into nursing school down South. Had to settle for one in Ventura. Its amazing with the demand! I am waiting to put $$ back in RE. I still maintain psf prices will get back down to the approx $100 level and depending on the area maybe even lower. There's a tract in Shafter thats down around $150 new const. Once the low FICO buyers are absorbed into the mkt at that level prices will drop some more as the more rational 600's and above will wait on new const to drop or look at some FSBO's  without a "bad credit premium". I'll get some 1,500 sq ft rentals at $150K and rent them @ around a grand a month. Duplexes and fourplexes too. I'll put one of the kids in a fourplex to take care of it and skim off the other 3 to cover the note, maint, ins, etc. One man's despair is another's opportunity.
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