Topic: It's a new paradigm, and everybody who doesn't buy, now, will be priced out forever.
HaikerensGuide !dBGi/iH4eY started this discussion 12 years ago #33,907
Anybody who does buy will be rewarded with a lifetime of riches, as their property will continue its 30% yearly price increase.
Renters, and anybody born in a future generation, will not be able to afford a $15,000,000 starter home in 15 years. They will live in tent cities, and Hondas.
This asset bubble is different than all of the others - it will never slow down, or pop. The gains are permanent.
Renters, and anybody born in a future generation, will not be able to afford a $15,000,000 starter home in 15 years. They will live in tent cities, and Hondas.
This asset bubble is different than all of the others - it will never slow down, or pop. The gains are permanent.
Anonymous B joined in and replied with this 12 years ago, 10 minutes later[^] [v] #468,475
Just like your McGains?
Metæ joined in and replied with this 12 years ago, 22 minutes later, 33 minutes after the original post[^] [v] #468,484
The Fed says the fundamentals are strong, and my Realtor™ says there has never been a better time to buy!
HaikerensGuide !dBGi/iH4eY (OP) replied with this 12 years ago, 4 minutes later, 37 minutes after the original post[^] [v] #468,485
Metæ replied with this 12 years ago, 9 minutes later, 46 minutes after the original post[^] [v] #468,486
@previous (HaikerensGuide !dBGi/iH4eY)He has an NYT column, a Nobel Prize, and a Princeton Ph.D! He's so wise and respectable!