“Just thought I’d post to see if there was someone out there willing to knock some sense in to me.”
I think the extremely strong reactions against buying are mostly a thing of the past. For much of the housing market, potential losses are seriously diminished.The next 30% on lower priced houses won’t wipe out quite so much a the first!This is partially a joke not a prediction.
The warnings are still there, but the energy isn’t. Most concern is for higher priced houses. People who can afford higher priced houses may or may not need to have some sense knocked into them but it is isn’t custom to give the big dogs any guff. Remember raptorduck?
I tend to think some 300k- 600k areas still have a lot of losses to come, but apparently worry over that has diminished too …at least in pigg land. It wouldn’t be polite to go on about it when so many in the group are buying.
In my opinion some of the more bearish people here are starting to sound like broken records in the background,instead of a full chorus … right or wrong.