Hahaha! I like to throw a little curveball every now and then! Thank you, I' ll have to check out that ZH article. And yes, I feel ya on the whole global financial situation... I don't know about you , but the real estate market in SoCal is utterly f-ing insane! Honestly, I don't know how people are affording half-mil just to live in a studio condo. I think we're headed towards Housing Collapse 2.0
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Exactly, every time I hear someone I know is trying to buy a house, I just tell them to hold on another year or two. It will be worth the rent!
Yup...you can always recover from buying a stock at a bad price, but the average American family cannot recover from buying a house at the top of the market!