Before finding this forum, I had no concept of the overall RE market. Still have ocean’s more to learn.
But, I’m now able to take a somewhat educated gamble with some element of understanding, at least far greater than I had before Piggington. And basically, there’s a consensus that fundamentals are out of whack. The exotic loans discussed on this forum are having an impact on companies and, at times, even the stock market. The theories presented here have been born out in reality.
Basically, I’m holding my cards for now and I’m willing to wait 1 to 3 years, and even longer depending upon what the numbers look like.
As with all risks (the one here is potentially being wrong and that the cost of realestate won’t drop notably) there aren’t any gaurantee’s. We have to make the best decision presented to us at the time based upon what we know, or what we think we know.
I believe this forum in general and in specific allows people from all occupations and regions to benefit from data presented from learned individuals. And, that it has no equal in prior business history in relational to breadth of knowledge presented and number of participants involved. Maybe I’m wrong, but that’s the way it appears to me. At a time when financial RE fundamentals have never been more out of alignment, its great for non-RE people like most of us on this forum to be privy to both this kind of data and the posts of those who actually do have industry knowledge.
sdr – I was on the forum when Doctuer posted his farewell and it would be great if he were to actually return.
