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: damainman who wrote (233663)	12/22/2009 10:14:49 AM
From: John Vosilla	Read Replies (2) of 306849

'..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' Lots of 'experts' in their ivory tower who never were or every will be in the game. A few of us actually live this stuff, sidestepped the ridiculous bubble and see opportunities unrivaled in our adult lives. I love that almost everybody now is so negative on real estate..permabears and bubbleheads of 2005 alike..talk about contrarian indicators..Mucho counseling for me these days...

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