Home › Forums › Housing › Bay area market going up? › When the price is right,
When the price is right, they will all swoop down and gobble up like vultures.
The only problem is: for the price to be "right", it has to be at levels below "what's justified by the fundamentals".
Remember, there's 2 kind of money: smart money & dumb money.
"dumb money" purchased during the bubbles based on "psychology".
"smart money" will purchase based on the fundamentals. The money that you mention is "smart money".
