‘Most Investors Don't Remember’
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Most Investors Don't Remember.
If you're a flipper and you just bought a house and you're not worried, you're also not paying attention.
More interesting words from TheStreet.com, by Dan Fitzpatrick:
The last time we saw a really bad real estate market was back in 1989-1990. Most investors don't remember what it was like back then, and I suspect that a lot of analysts are simply looking at their theoretical models and finding compelling valuations.
-- The Boy in the Big Housing Bubble