The appreciation we saw was a fluke for all practical purposes. Those that made a ton of money from it and are now overbriming with self satisfaction should thank their lucky stars and not do so much self agrandizing and one upsmanship games. Sure, some people knew how to play the cycles but even they were rewarded beyond all rational expectations. Nobody knew houses were going to appreciate like they did. People who want to succeed with RE in the future, starting from sratch, are probably going to have to dig deep to find a way. If that isn’t you,why not just be grateful?
