[quote=JohnAlt91941]Since a realtor wrote it, and most realtors wouldn’t admit a bubble until it bit them, I took that to mean at least near the peak. 500k was entry level around that time.
Buying a home happens for most people once or twice. A lot more due dilegence is expected than from someone who regularly invests in a 401k. Timing the stock market is a fool’s game, but you’d think someone would notice the ridiculous appreciation during the most recent housing bubble. Maybe this guy pulling in 250k thought everyone else was too.[/quote]
That’s the thing. We don’t know enough information to make any judgment. So, to call something stupid for doing something you wouldn’t, although you don’t have all the information is well…