"The bigger challenge will be the ability to be remain solvent of the next several years in order take advantage of the bottom."
So many people don't realize this. All that cash can disappear quickly when faced with no job.
….and if the stock market, 401k acounts, come crashing down. Hence, my reoccurring comment. I hope we're all wrong about the crashing economy….I want house prices to come down so they make sense at investments. Personally, I'm not hoping for a complete collapse of the economy, because me thinks most of us average joe's won't be able to purchase houses then. And yes, my average joe applies to you low-side millionaire households.
