Replies to post #2601 on Real Estate Bubble (RUBBLE)

[swampboots]

I grabbed some Condos in Marina Del REY, 4% return with depreciation schedule, better than cash and capital gains seem to be 40%+ on the earliest ones.....square foot price is still 1/4 of NYC prices and twice as luxurious......out of whack hoping to see a 3 bagger in 5 years.