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: John Vosilla who wrote (233656)	12/18/2009 11:57:43 AM
From: damainman	Read Replies (3) of 306849

" Time to move on but I really find it so odd the housing bears who predicted this along with you and me are as upset these days as all our old RE friends who were totally unprepared,most of who are hurting badly now". Markets do have a way of frustrating the best laid plans don't they? Where I am now a home w/ 30 yr fixed 20% down was about 20%/month less than renting the same house last fall/spring but anywhere on the net where you are allowed to post feedback to RE news has folks chastising buyers for "buying depreciating assets", "knifecatchers", "you are going to lose your@ss when the shadow inventory hits" etc but who are the real morons here? This ain't 2005 anymore and sure you can point to Detroit but RE busts/booms are all local now imho.

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