Diego Mamani, I completely agree with you. It’s impossible to predict/see the bottom/top until you past it. You can see the general movement/direction of the trend. Especially on a slow moving market like the RE market, it’s a little easier to see trend, but it’s still impossible to see the bottom. That still doesn’t make the Toll’s Bro. CEO statement correct though. If you believe that price will revert back to the mean, then even if you wait past the bottom and buy @ 10% above the bottom, I’m pretty sure it’ll be lower than it is today, inflation adjusted.
