powayseller, i would really appreciate if you would not misrepresent my positions and statements. I’ve tried to be respectful of your opinion. I would appreciate the same consideration. Your putting words into my mouth borders on a lack of reading comprehension.
If you go through my posts, I have never once said that the current market was a blip. I have never advocated the position that prices would continue to go up after a break of a year or two. I’ve also tried to point out the difference to you between RESIDENTIAL and COMMERCIAL properties, as well as the difference between MACRO and MICRO economics. I have also never implied that my properties are superior in any way or that they were immune to drops. In fact, in the previous thread, I AGREED that they would lose value. In fact, I estimated the next boom to be in line more or less with your 12 year forecast (2016).