The reason I feel “smug” is because I hung my nuts out there back in 2003 and told people that the housing market was a house of cards and would decline in value significantly. I have been consistent with my message through the present day.
Everyone who told me I was wrong is now being forced to eat crow. So be it!
MPO–if you are one of those people, be prepared for an extra special helping of the black chicken over the next 18-24 months.