Which is more aggravating the herd mentality or the know-it-all posts?( I know I have done some of both)Can we check the calendar and determine who was a “herd’ buyer?
It isn’t necessarily easy to understand a play from the outside. I know when people ask me when was it that I bought in Jamul, and I tell them 2004, they automatically assume the worst. Not at all. From both family satisfaction and family finance points of view it has been a boon.
I think it is fair to say that housing “market timing” is somewhat more of a toss up judgment call at this point on average. Obviously, people are weighting potential outcomes differently. No one bats a thousand and no guts no glory.
There are caveats on both side of the equation now and I believe they will nearly cancel out.At least the remainder of potential slides could reasonably be seen as within a comfortable margin of error(on a case by case basis).OOPS put me in the corral. Maybe it is just hard to get over sticker shock but this is also cyclical?