The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: orkrious who wrote (28089)	3/12/2005 12:58:01 PM
From: piggington	Read Replies (2) of 306849

Out of curiosity, where is the wee Ork in question located? I think some areas are a lot safer than others... I really hate the "you've been wrong for 5 years" style of argument... it's illogical at least two levels: 1. First of all, the usual form is "they've been saying there's a real estate bubble for years." I don't know who "they" is... but what "they" said 5 years ago is not remotely germaine to what I am saying now! 2. I'm not sure exactly what you've said, but for a couple years I've been saying "our city is in a real estate bubble that will burst in the future." Just because it hasn't happened yet does not make me wrong... as a matter of fact, it's just made me more right, as the longer this goes on, the more likely there is to be a serious downward correction. I feel your pain, buddy. rich

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