[quote=carlsbadworker]
SDR, I think you are missing the point. Life isn’t real if it does not have ANY pain. But the pain following the bubble burst is smaller to piggs, the minority saving/renting group in the nation, comparing to what we stand to gain.
I wish I could have more compassion to the fellow average American, but they have spent tens of thousands equity in the bubble years and laughed at us who are fiscally responsible. It is payback time now. Plus a reasonably priced asset class is good for the country in the long term. So bring it on!
[/quote]
I am a saving Pigg and I think I screwed up and should’ve bought an overpriced house I couldn’t afford and lived there for free and saved my money. Wait for the bank/taxpayers to bail me out. Win/win. I’m beginning to think they were the smart ones.
