[quote=masayako]2005-2008 housing crash is not a market timing call. As Rich said, “valuations were such that long-term risk/reward was very poor.”[/quote]It is a timing call because you have to live some where. You made a decision to sell and rent and hoping that you can buy back later at a lower price. How’s that any different than any other timing sell/buy? It’s just that housing is on a much longer cycle.If you timed it right, you sell at the exact peak and buy back at the exact bottom. If you timed it wrong, you could sell too early and buy back too late and not be that much better off. That is timing.
While selling before an event that have high risk and buying back soon after regardless of how the market reacted is not timing, since you’re not hoping to time your buy back at a lower point and time your sell at a high point.
