[quote=scaredycat]extreme obnoxiousness seems to go with real estate, at least on the bullish side. i recall smugness certainty, and condescension from real estate cheerleaders, no w ay tor ationally discuss issues. it seems much more obnoxious to be an in-your-face, watch out for the next 40% chunk, real estate bear. each side is kind of irritating in its own way. [/quote]
Good point, but I think the bears have a lot more reason to be skeptical. Some of them might be misguided,or end up wrong in any case, but they can’t generally be accused of having blatant self-interest at heart. They won’t suffer much from being wrong because they will just say “I would have been right if this or that didn’t happen”.
The main problem I see possibly coming for some super bears is that they could come to find that they have deluded themselves into thinking they would be able to buy a lot more than reality allows for.
