[quote=flu]Because from all your historical posts, the only time it appears you would be comfortable to buy is an ideal situation in which there is a huge economic demise such that everyone else gets wiped out and housing is 50+% off, [/quote]
you make that statement like it hasn’t happened ever in the past…it’s happened in the very recent past, prices crashed 40% in 2008. Memories are short. It’s happened in the past and there are indicators we are heading in the same direction.
The lady in the video is selling gold but that wasn’t in context to what she was presenting. In addition she just presented some facts and said time will tell what happens. If her data is wrong then it would be make for a better response to refute it specifically than just calling her names..
You debate vehemently against a downturn yet do not provide any facts whatsoever. Please provide hard data as to why you think prices will NOT fall?
Yes, it’s true that I don’t have a crystal ball, but you don’t either. The bottom could fall out tomorrow and real estate could crash 40% again just like in ’08, the truth is nobody can know for sure. But you guys act like the downside can NEVER happen but of course the UPSIDE can because you are all vested in that area… this is not rational thinking, rather it is you who are looking at the situation with rose colored glasses just the the huge number of fools that did so in 2008.
