This is a major difference. In Bay Area, your prop taxes are based on time of purchase. That is game changing. Much better even to rent it then to sell it, if y

This is a major difference. In Bay Area, your prop taxes are based on time of purchase. That is game changing. Much better even to rent it then to sell it, if you are paying taxes on a cost from 20 years ago you are golden. Development is hard in the bay area too.