Russel
Its fine. I always post based upon what I see with the caveat that it is what I see and what others ee may be different. As bad as things are, tehy are nowhere near as dire right now as they should be. The efforts to slow this down are working. Inventory is constrained and supply is balanced against demand artifically. Is it case of the little dutch boy with his finger in the massive dike. Perhaps…….probably?????…who know?????
Time is what they are buying and time heals all wounds. How much time they can buy is the unknown. Whatever happens I’ll enjoy watching it roll out from a front row seat in what is a one of the most desireable upper middle class suburban real estate markets in America. I have spent my entire life in communities like this and have a very good handle on how they operate and who has how much moneyin the bank. There are lots of things you would be surprised at that I see every day. People wih huge net worths living humble lives well below their means. People with no net worths living extravagently well above their means. We’ve got it all here. I dont pretend to have the answers…ok so I pretend to occassionally…but either way it’s a great ride and I’m enjoying looking out the window.
