>> I think we overestimate the number of people that is really
>> on top of what is happening with RE
kiki is right. The readers/posters on all of the RE blogs represent a small percentage of the total population.
For most folks, their thinking is: no one really know what the future hold. Since I need a roof over my head & get a tax deduction, I’ll buy. In the long term, RE always appreciate …
When the bubble bursts, there are still buyers. It’s just that the supply being released onto the market will overwhelm the demand from the buyers.