My young wife in those days complained about milk going up a few cents a gallon.

I have enjoyed learning the trends and tipping point of the RE cycles.

In Cape Coral there was cream for water prices, now, it is cream, for milk prices.

I've had banks try to milk me for dollars to do foreclosures as well.

I wish I was only 25 years old and had your experience, because this is the part of the RE cycle when a lot of people are going to get very rich.Not many of today's investors experienced 1989, but I did and it was not quite as bad as today's crisis The reason being we didn't have all the sub-prime loans to contend with, but it was still bad.Good luck,donrock

I also read that they using recycled materials, some of which would be from the huge coal industry in China..I hear they open 2 coal plants in a week, so that would explain the sulfur.

- Energy Star appliances- Dimmable lighting / Eco bulbs- Cork / Bamboo flooring- Low-E windows- Energy Star water heater- High-Eff furnace- Convert fireplaces to gas- Convert oil utilities to gas- Add/upgrade Insulation- Set-up recycling bins.. just to name a few.

This property is in such fantastic condition and in a phenomenal area so we want to hold this for 10+ years and just keep milking the cow.

Acquisition of properties in Los Angeles, while probably good in the long term from a capital appreciation standpoint, would make me nervous right now simply because of where we are in the RE cycle.

I can't tell you how many recycled deals I see on Facebook, Craigslist, and in my email inbox.