we are nowhere near a “complete collapse of the entire economy” … indeed, we’ve had a mild contraction and a dip in the stock market. in just 16 months? I think youre statement was pretty unequivocal; “end of story”, no “unless there’s a tsunami” on long beach, even. Obviously financial conditions change. that’s why there’s risk. rather than your retort being a reminder of how smrt you are, you should be fairly humbled 9as should we all) in assessing our own ability to know current and future conditions. Humbled, my friend, not arrogant. Could this property go to 250k? 150K? never? end of story? care to double down?
