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> Smart money gets out at the top. People were saying we were at the top 5 years ago, but housing prices are way up since then.
by twblalock 8y ago
> Smart money gets out at the top.
People were saying we were at the top 5 years ago, but housing prices are way up since then.
- toomuchtodo 8y agoYield curve inversion, IPOs Of profitless companies, longest economic stretch without a recession. The cycle has to end at some point. I’m not saying when the recession will happen, I’m saying it will eventually arrive.
- ummonk 8y agoIf house prices double between now and then and then drop by 30% it is profitable to buy now. As much as I hope house prices fall below where they currently are some time in the future, I wouldn’t count on it.
- john_moscow 8y agoBubbles last longer than most people think. And then they pop.