Alex reminds me of a guy in Temecula by the name of 1234VC (I dont remember his exact name). He always argued that prices cannot go down much. From his posts, it was obvious that he knew very little about real estate.
He finally pulled the trigger & bought. As soon as he bought, someone else got a much better deal in the same neighborhood 🙂
Now, compared to this guy, Alex seems to be more afraid of the downside potentials. But Alex is equally naive about the real estate market 🙂
