you say that there are always corrections and downturns. Then you “whimsically” state that if there is a bottom. What does that mean? That correction will only last 3-6 months, so you must buy now?
“In the long-term you will be fine.” Sure, if you can afford the fixed mortgage. What about people who bought in the last year or so on ARMs? Is that what you told everyone who may face huge payment increases soon?