[...] 58 single-family homes that evokes the romantic character of the great California neighborhoods of the 1920′s and 1930′s.

What? Are you saying I can’t win an argument just because I’m married?

I know you guys are all missing my poetry, so here ya go:

Roses are red
Water is clear
Now that you’re married
Just say, “Yes, Dear.”

Ohoooooo, if renting was a drug habit then strawberry picker with $15,000/yr income is the poster-child of the success of drug-rehabilitation program. It seems this program, run by all the high-school drop out Realtards, worked pretty well in last five years, which in turn caused this bubble.

So when anyone makes statement like this, shouldn’t he/she make come valid points to make it up? This guy, who won the Nobel Prize in economics, did in following interview:
Why home ownership is U.S. obsession.

So let’s talk about drug habit now.

Of course, while house prices were going up, that became a substitute for saving. People would refinance their homes, take the profit and spend that, hoping that prices would go up again. And then they would do the same thing and spend that. But I do think this home-ownership craze does tie in with a newfound fashion for spending rather than saving. I’m old enough to remember in the 1930s and the 1940s when thrift, frugality was considered an important virtue. In those days we all knew Benjamin Franklin’s aphorism, “A penny saved is a penny earned.” Today, the official doctrine seems to be that a penny spent is a penny earned.

Rent is not significantly cheaper than owning if you take tax into consideration (assuming you earn a typical Silicon Valley tech worker’s income).

Renting is sort of like a drug habit. It helps you get buy on a day to day basis, but in the long term it’s destined to be a failed strategy. This statement is not true everywhere, but it is true for the Bay Area.