Why do I keep saying California real estate is a good investment? Journalist Jonathan Lansner had a piece in the Sunday UT that talked about the condo he bought in Santa Ana in 1986 for $99k that sold last year for $600k. I would call that a good investment particularly if you recognize the fact you have to live somewhere so you are paying "rent" to yourself while you pay off your asset. If you don't follow Lansner he is one of my favorite journalists writing about our economy. He went on to say "a typical California home in that same time span appreciated 612.%." I would take that investment any day.
Hurricane Concerns? Where can you go?