Is anybody making you read them?
I've noticed something funny about these threads and the people that comment on them...
Let me break that down for you...
There's market watchers like myself that will eventually buy a home when we feel that prices have stopped dropping. In other words, we're not willing to lose money so you can make money...
And then there's people with hidden agendas... Such folks are those that make a living in the industry, who say everything is rosey despite the turd in the punchbowl every night on the 6 o'clock news...
The hidden agenda group also includes folks that are in the process of selling homes that are trying to pump the market. Chasey got called out for being in that group...
There's thousand of homes for sale in the three SOMD counties. We have lots of cheerleaders who want their bubble cash...
Then we have the group who got totally lucky because they were already homeowners before the biggest real estate boom in history took place. These are the most stupid people of all, because they endlessly join our threads with comments such "I bought a house and made XXX number of dollars in 4 years!" Yet this same group couldn't afford buy their own house for the price they could currently sell it for, nor can they back up any claims they make that someone could go out right now and repeat what they did. And this group too has a vested interest in holding onto to their equity gains, so anything bad said about real estate irritates them...
Look where Sonsi came into this thread and said "I sold my house and made XXX hundreds of thousands of dollars in three years!"
OK, so why'd you sell it? If owning that house can make you 150g's every 18 months, why would you sell it? Why didn't you quit working and buy 10?
Simple reason, the game is over, and you can't do what just happened in real estate...
We're now at the crying stage...