[quote=no_such_reality]Really? He’s talking about trading when it’s 20% over-valued. You really think he’s talking about doing it on an upside down asset?[/quote]
I’m not sure what this means really. I don’t think a property is ever over-valued, if it will sell at that price. I know he’s not upside down, but that has nothing to with whether he’s sitting on a gain or loss or even a break even. Regardless, the question has been answered (I think).