[quote=deadzone]FLU, stop making up shit about me and trying to extrapolate. I never said I stopped working in tech in 2001, I worked in tech several years after that.
And SDR I didn’t make up anything. People in RE industry got destroyed in 2008 and they will again. Sorry to burst your bubble. The fact that you are so defensive about this topic tells me all I need to know.
It’s just funny how pathetic the piggington site has become. The original main topic of the site was the housing bubble of the 2000s that there was a lot of open debate about it. Now we are in the mother of all bubbles, it is bursting right before our eyes, and all you have on Piggington are real estate hacks who attack and bully anyone who dares question the narrative that RE only goes up. Truly Pathetic.[/quote]
Lol, but you’re the one posting all this doom and gloom, and selectively 1 news article to support all your theory but then ignore everything else that contradicts what you post. You posted about amazon going back to the office, and I posted you recruiters and higher teams from amazon stating explicitly the opposite, and then you go silent…
The market goes up, you go silent. The market goes down, you come out swinging…The markets go back up, you go silent again. And you post about how screwed over people are going to get, who have fixed cost of living costs, when reality is you’re getting screwed over right now by inflation and variable living costs, that will probably keep going up too and that magically you’re going to be somehow in a much better financial situation than others if a catastrophic storm occurs. I get it, you feel you have to be right, because you pretty much banked your future on your convictions. Others didn’t choose that one-shot , one hit gamble approach…Too risky… Like I said, really good luck to you.
What’s really funny is you feel you need to be right. I don’t htink anyone else on this thread or any other thread you started feel we need to be correct…because whether we are right or wrong doesn’t materially change our financial situation one way or the other. I’m not married to my opnions nor banking all our financial future on my opinions or dependent on being 100% correct.But you sure seem like you need to be correct and smarter then everyone else. Which i think is really odd and funny. It’s as if you’re using piggington blog like group therapy to justify your decision and looking for some sort of validation of your direction and you’re not getting much validation, and you’re all butt hurt over it.
And yes, taking seriously financial advice from a blog section on the internet is very very risky. For example, if folks listened to you and didn’t buy anything 10 years ago, they would be in a situation right now of having paying rent more than mortgages on a sub-3% 30 year….times 10 years of payments to a landlord and missed out a great opportunity of a lifetime to fix the cost of a significant portion of one’s living expenses and achieve financial independence sooner….
Thank god I am too dumb and didn’t understand 90% of the content in the blog section. Dumb for the win.
