Bugs is one of my favorite poster. He’s very balanced in his analysis and he draws from experience. Bugs has never shown any kind of crash bias. He’s a realist who understands that sometimes prices will appreciate simply because of psychology — and that’s the market. But as prices go up, they eventually come down.
Realtors, on the other hand, have a vested interest in promoting real estate as safe “investments.” Many truly believe it, many others are self promoters.
