Good heavens I do sound like a chicken little sometimes don't I?
I haven't sold the investment property - it's not just my call to make alone. The partners feels a strong desire to hold on to it. It's been renting fine for years and our initial investment was quite a few years back. So the initial investment was pretty minimal as well (let alone divided up.)
If I could, I'd would have liked to sold it last year but I think prices would have to drop about 50-60% for that property to be underwater. I keep my eye out to perhaps buy a larger home, but for obvious reasons I'm not exactly in a rush.
That and I have a lot of Starcraft II to play.