[quote=FlyerInHi]What about the middle middle? Real estate values are created at the margins by people entering the market and creating demand.[/quote]
Well, that does suck for them, doesn’t it?
Not my problem, not my concern.
Now all that’s left to be done is this administration needs relax lending standards again, so we have irresponsible borrowing again, and irrational home buying again, to drive real estate prices even higher to even more irrational levels, again…So that folks can make the same exact mistakes they did a few years ago…..This time it will be different. I have a lot more homes that I could sell and milk it for all it’s worth. I don’t know why many of you still think home prices are going to crash. We haven’t even entered the irresponsible borrowing phase (yet). But it will come, probably.
