Burbed reader Remodelnerd sent this postcard in:
Here’s what Remodelnerd had to say:
Anyway- got this in the mail yesterday, thought you might be interested. I thought I was making money hand over fist here in Bay Area 2.0- but, boo
hoo- actually I’m losing $5000 a month!! Shoot. Now I’m going to have to make way over the 100K *everybody* here makes- just to break even.
Well, I’ll be the first to admit it – the real estate market is a bit soft around here. In part because the Main Street Media (MSM) continues to wrongly insist that places like East Bay, Gilroy, and others are part of the Bay Area.
Fret not though, just wait until Spring Bounce! Everyone knows that once the Superbowl passes, prices will resume their normal, healthy, God given 20% per year apprecation. It’s just a matter of time – be strong! Be strong!