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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 irrationa

by 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.