Desmond try not to change what you said. You wrote that the people who didn’t buy now are probably laughing. Nothing more and nothing less.
Let’s not retrofit your post okay? I know I am correct that those who did not buy are not laughing at all. This doesn’t mean they wish they would have bought. This doesn’t have anything to do with those who did buy and are living in or out of a mess.
Maybe you didn’t buy and you are laughing. I would tend to make a small wager with you that I know and work with alot more people who did not buy a home back at the peak then you do. They are mad as hell. Not because they did not buy, but because they are now getting screwed. They made the right choice, they know it, I know, we all know it. They foolishly believed the market would be allowed to move unconstrained. They didn’t know the rules of free market would no longer pertain to housing. So are they committed to their decision? Yes of course. Do they regret not buying? No they do not. Are they frustrated and pissed off? Yes they are. Are the laughing like you posted? No not really, they are not.
