For full disclosure: I have invested a very small amount in GF to date and plan on increasing my investments by quite a bit in the coming months.

The current month, May'18, the median SFR was $295k, an 34k increase and 13% increase.Below is my forecast for remainder of year, and nothing in horizon that would say will  slow down.

The forecast result is a projection for annual total sales increase (total 2018 existing-home sales vs. 2017) and annual median price increase (2018 median existing-home sales price vs. 2017).

We have average RE tax increases of 8-10% per year and there is no way to offset that with increase in rents.

If we make the changes you request, it could result in an increase in rent.

We are predicted to have strong future increases in population.

Remember that (generally) while the bank can not call your loan early or increase the interest rate, they NEVER want to give you back money you paid them. 

VRs can also increase long term rent as "affordable housing" properties decrease. 

Good morning BPers...Beginning in 2018, the conforming loan limit is set to increase about 6.8% from $424,100.

California has a wacky law where assessed value for property taxes can only increase at a very limited rate (~1%) so most people are locked into property tax rates much lower than their current home values, so this favors purchasing rather than waiting.$4300/month is at the high-end of affordability for me, so seems like the only way I'll be able to purchase a home of the quality/location I want is to liquidate (at least some portion of) my real estate portfolio.