Wednesday, July 16, 2008

Am I Bored?

Individual loans for TICs are now widely available. Chris Daly wants to have 2-unit TIC buildings enter the condo lottery. (An idea that was mercifully killed by, among others, Supe Alioto-Pier.) Appreciation has slowed to a crawl. The newly built condo complex down the street features flats smaller than mine for over 5xs what's left to pay down on my (overpriced) TIC mortgage. Ho hum. Am I bored - with real estate?


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