[quote=SD Realtor]
So in the end I simply was trying to put forth:
a – a hell of alot more collateral damage then anyone will care to acknowledge.
b – a very very real possibility that our government will not handle this well and that we will be in for a much longer down time then anybody anticipates.
c – that no matter how safe anyone thinks they are, ultimately you just never know.
[/quote]
SDR, I think you are missing the point. Life isn’t real if it does not have ANY pain. But the pain following the bubble burst is smaller to piggs, the minority saving/renting group in the nation, comparing to what we stand to gain.
I wish I could have more compassion to the fellow average American, but they have spent tens of thousands equity in the bubble years and laughed at us who are fiscally responsible. It is payback time now. Plus a reasonably priced asset class is good for the country in the long term. So bring it on!
