Curious how folk here have taken a hit on their home, condo, property value. In my area, I'm pretty fortunate as there so much unbelievable restriction on building, combined with a handful of mill/billionaires buying up huge swaths of surrounding open land in the name of "land preservation". While outlying areas of the SF Bay Area that just kept seeing bands and bands of tract development just take a swift and humiliating beating. I've owned 6 years now at my current location... and property value dropped about 10-15% over the last year, but over the 6 years am still way up, so am thankful, but regardless don't have any plans/need to move. An old friend who lives out in those "bands of tracts" is down 40%, needing to move, and competing with 107 homes in his area up for sale as well.