no. Prices go down, but wiser people know they have no ability to know when where why how or even if it’ll happen in their lifetime.
to say prices go down is as useful as saying b the sun will burn out.
yeah…and…so…[/quote]
Perceptive people recognize bubbles, unlike sheep (who inflate bubbles).[/quote]
People are good at believing what they believe, whether that really is what is happening or not. If they are correct, it tends to be a coincidence or just they were lucky.
Afterall, aren’t there a lot of people perceptive people who jumped on the housing is going to crash bandwagon in 2004-2006 still on the sideline waiting for home prices to crash even further and hence still renting even after home prices have already corrected 30-50+% in some areas here…still holding out for the next real estate crash?
