You were actually lucky Homey, to get out when you did.
When you bought in 2004, had you heard about the bubble – had you heard real estate values were seriously over-inflated? Or were you someone who believed the mantra that ‘real estate only goes up in value’?
Lastly, was your job change a complete surprise? Or was that something you also knew could happen in the future, but didn’t consider because ‘real estate only goes up’?
Am just trying to understand the mentality of people who bought at the top of the market.