Sometimes a person has a set of beliefs that they operate with.
For a while, the person can be right but if they are unable to adapt to a new reality, and the developments go against their beliefs, it can be quite painful psychologically to acknowledge it.
The housing recovery has been strong, prices continue to increase.
It is almost boring now. The demographics and lack of construction will continue.
The conversation becomes more subtle. Less room for grandstanding and loud opinions without supporting data.