Great post. I wont lie, I like to gloat some. I have been telling people since 03 this was stupid and only and idiot could say “RE never goes up forever”. I have a friend with a MBA which I asked him, “RE only goes up huh so a home in Compton will be $1,000,000 in a couple more years? (he said yes btw)”
As for base model cars, A car is who you want to be…… The House is who you are.
Unless you are in a bubble renting that is. As long as you dont have a Hummer in an apt. Funny the kind of cars people have in apts.
They can spin all they want. Bloomberg today reported that inflation is climbing while consumer spending is going down. Fed lowers rates, I am ditching my CD’s like a rock and dropping the dollar like all smart people will do.
wow man if it’s that bad, I would start looking at porn..
Tell her to point out a few homes you would buy now. Then watch them drop in a few month time span. Do 4 total. Funner than watching paint dry knowing that each reduce is money you would have spent.
