To quote George Carlin, “Think of how stupid the average person is, and realize half of them are stupider than that. A house is just a place to keep your stuff while you go out and get more stuff.”
If you don’t have time or inclination to argue, then don’t posit a theory. Why are you even here? What really pisses me off about your post is that its long. Perhaps you expect others to read it, but not comment on it?
My personal favorite is this, its so dismissive. Sure the fundamentals have to correct… sure prices must come down to make sense.. but they will not go down to the levels some of you predict because human nature will not allow it. Since when is reversion to the mean not allowed by human nature?
My other favorite is this There are some smart people around here, but most of you are blinded by over-analysis and a lack of real world contact with the AVERAGE person. Why yes I live in a rarified bubble where I don’t deal with the people who make me food, or fix my car. I avoid eye contact with them except on that rare occassion when I beat them over the head with why I am economically superior. Take that you AVERAGE people!
My other other favorite is this! Hi, I’m Larry. This is my brother Daryl and this is my other brother Daryl.