I have nothing personal against sdrealtor but I think this post is indicative of the lack of genuine interest in this board when real estate is not declining fast enough. I mean when real estate goes up again, who will come here?
When the real estate and equity markets were obviously declining, everyone was beating their chests about how smart they were in calling these developments. Every discussion was about how everyone and their mother only owned euros, oil, CDs, treasuries and gold. Every poster had a somehwat godlike penchant for choosing the winning asset class in any given situation. Now, inventory is falling off, residential prices are remaining somewhat steady, oil has fallen, gold has fallen, and the stock market is rallying (with large capitalization and dividend paying stocks leading might I add) and everyone who had a lot ot brag about needs to find something else to do with their time. This inevitably leads to petty sniping. Clearly what we need is more visible signs that real estate is dead and that gold is the only safe investment so that people on this board will have something to talk about.
