tburkhol,

The crash of 2008 is just 15 years ago. You could hardly give away properties in my neighborhood - there were multiple sales for less than the cost of my car. Those exact conditions may not recur, but speculators always, always overextend. The 15 years of continuous gains we’ve experienced since 2008 are historically unprecedented, so one might even guess that we’re due for a major correction. Maybe it won’t be for another 10 years, but there will definitely be a major housing crash “in our lifetime.” Unless, maybe, you’re already 80 years old.

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