While historically, rents do not go up much in my area, right now they are up at least 15%.

While historically, rents do not go up much in my area, right now they are up at least 15%.

Considering historical appreciation within most parts of the San Francisco Bay Area in general, your low interest rate, set mortgage and future rent increases I'd say it sounds like a great long term hold.

You have historical evidence of the average return of the market….

The past 2 years we’ve seen unprecedented growth in the housing market, but house prices have not historically grown by such large percentages in a short period of time.

Don't stop buying, because even as interest rates rise they still at very low levels historically and there are still plenty of tailwinds in the market.

That said, what you consider sky high rates are still historically low.

The reality is historically RE related recessions have been more of plateau's and seller's concessions not major price corrections.

Right now interest rates are still pretty good vs historically, although that could change very soon.

Purchase price: $428,000 Cash invested: $150,000 Historic Commercial/Office to Residential "House Hack" 1917 historic Riverside property, zoned commercial/residential/office (CRO), used as office space since 1994.