Quote:
Originally Posted by dd74
Will we ever see another rally like that in out lifetime? I'm not so sure.
|
Sure. People are dumb, greedy, and most importantly, have a very short memory.
Heck, even in this last bubble, you had everyone saying "Real estate never goes down." Esp. in California. Apparently completely erasing from their memory when California real estate declined for 8 straight years from 1990 to 1997.