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I'll let you guess why (hard) asset prices have increased so much for the past 20 year.

• rr888 4y ago
  Thanks I figured it out while my friends (who bought a lot of property) got rich and I waited for the crash. That's the problem right markets can stay irrational until you're dead.
  • s1artibartfast 4y ago
    I spent 10 years in the same boat. Sometimes it is hard to distinguish a irrational market from one you simply dont like. Hosing prices have always been higher than I would like them to be. However, there has been no shortage of people willing to pay those high market prices. At the end of the day, I had to ask if it was the market that was irrational or just me.
    • rr888 4y ago
      Yeah my problems compounded because I grew up in a small unloved city where property was always cheap to big cities with expensive real estate that seemed crazy but maybe makes sense.