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Originally Posted by 12clicks
he's an over the hill windbag.
I've seen many housing market spikes and predictions of housing market bubble bursts. The burst never happends. at worst you see a couple years where your house doesn't appriciate for a few years. You never see a decline in real value only a short term flattening.
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What? There've been localized real estate crashes every year. Especially in disaster areas.
Real estate outside of cartoons and porn is the only thing that can make you rich fast.
Every post hurricane season people pick up and haul ass and sell their shit cheap. Same with blizzards too.
In California when the ground rumbles, people haul ass.
After 9-11 you coulda snagged up real estate in NYC like it was going out of style.
Shit happens-prices drop is an equation you can always bank on.
Not to say everything you've pointed out is wrong, but check history.