When I first moved to the Bay Area 4 years ago, I could already see the trend starting in first first year of living here...a massive influx of people, jobs continuing to devlop, etc.  

For those of us who are taking more control of our financial situations, we need to massively upgrade our knowledge and our level of thinking.

Second, this lien would be extinguished via foreclosure but that means reperformance is not really possible because it would be reperforming with a massive lien that's double the value of the home.

A large part of the reason for this is the massive migration of Bay Area transplants who are looking for more affordable living.

Bonus points to me for taking massive action and getting off the X, but not necessarily the best I could have done if I would have educated myself a bit more first...:) "Action * Education = Success", and all that:).

Too much corruption, massive population dependent on an industry that attracts crime, water shortages, etc.

I'm just glad that I found Bigger Pockets and several other sources before I found Elite Legacy Education (I was tipped off massively when they called BP and others "crap") or I might have been suckered into shelling out $40k-$50k to learn from these "experts".

The leg work put in on the front end, benefits massively in the long run!

I'm happy to help.Beyond that, I'm now regularly blogging about Detroit (check profile) and truly believe there a massive dislocation with pricing because people still have a negative perception of the city and don't understand all the amazing things happening there on the ground.Happy to connect and chat!

Are you suggesting you don't believe the housing bubble really burst around 2008 and that there really wasn't a massive financial collapse and recession?