Market crashes always occur in the same manner. Regardless of the market, the same simple psychological underpinnings are always at work. People who are caught up in a bubble never look back for historical examples. For this folly, they become paupers.
“Those who cannot remember the past are condemned to repeat it.” San Diego liposuction
In 2004 and 2005, the reigning cliché was that real estate had entered a new world of “no supply.”
Now, a record 3.85 million homes are up for sale, and buyers are getting scarce.
No, the world hasn’t changed. And the myths haven’t changed either.
Next time, don’t believe them. Riverside accident attorneys
Market crashes always occur in the same manner. Regardless of the market, the same simple psychological underpinnings are always at work. People who are caught up in a bubble never look back for historical examples. For this folly, they become paupers.
“Those who cannot remember the past are condemned to repeat it.”
San Diego liposuction
Comment by San Diego cosmetic surgery — June 4, 2007 @ 7:39 am
The Credit Blowup is in progress.
Meltdown…….the free phoney loans gone and so will speculator and builder demand….
PLUNGE!!!!!!!!
40% house price drops around the corner.
adult acne
Comment by acne treatment — June 4, 2007 @ 7:41 am
CNN poll shows 70% of respondents predicting either that regional bubbles will burst or there will be a nationwide RE crash
Only 30% say soft landing or unsure.
Looks like the masses believe in the bubble
gold spot price
Comment by gold nuggets — June 4, 2007 @ 7:42 am
In 2004 and 2005, the reigning cliché was that real estate had entered a new world of “no supply.”
Now, a record 3.85 million homes are up for sale, and buyers are getting scarce.
No, the world hasn’t changed. And the myths haven’t changed either.
Next time, don’t believe them.
Riverside accident attorneys
Comment by Riverside attorney — June 4, 2007 @ 7:47 am