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Lol, all he did was comment on the extreme appreciation that some area's are seeing.
Like 12clicks said, and all you guys were so quick to attack, based on your feelings for him...
At the worst, we'll see a period of time where housing appreciation will stagnate, or slow down. The market isn't going to crash...
If appreciation slows, it'll be mainly investors and people on interest only arms, that will need to rethink their strategy...
The majority of the public won't.
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