re: I think home prices are going to go down. I do not have a link.

Did you live through the tech bubble pop?

Did you live through the 2008-2009 real estate quagmire?


Are you 30 years old?


I'm nearing retirement, and I would not change a thing



Take all your shite to Vegas if you want. Good luck!

quote:

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You're admitting to trying to time the real estate market

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never said I wasn't - everyone I know is timing the real estate market and doing a damn good job





you do realize the stock market and the real estate market aren't the same thing, right little guy?

quote:

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you do realize the stock market and the real estate market aren't the same thing, right little guy?

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Yes. But since you have the communication skills of a literal retard and aren't clear about what you're talking about it creates unnecessary confusion.

Talk with more specificity so you don't look like an idiot next time.

both!


how is that confusing? dang man

the OP was about the real estate market, not about me


I've posted in this forum many times, and I've literally never imagined the hardheaded shite I've gotten in retort from this thread




I can tell you've never lived through markets where everything tanked for at least two years, if not more

real estate or stock market

if you'd bought 500K of Bentonville Arkansas real estate in 2010, it would be worth like 25 million right now, if not way more (conservative guess) ETA: there were 7400 square foot lots with granny houses on them going for 30K back then - some damn smart people had cash on the sidelines and scooped them up at some point

ETA: 500K to 25 million too much, I got carried away, unless if was folks who were builders on those lots, then yes, 25 million


same with the stock market in 2010, just not as good as real estate

I can’t speak for anyone else in this thread, but at no point have I been interested in debating the relative merits of stock equity investing versus real estate investing. I also have no issue with diversifying away from stock equity as you approach retirement. What I questioned, and what you appear to now want to distance yourself from, is the claim that you’ve “been holding pretty good cash for a while now”. Not real estate, cash. With the stated goal of “buying low”.

If that statement wasn’t actually accurate and you were being careless with your wording, that’s fine. Just say so. But if you have in fact been sitting on a pile of cash earmarked for buying into a stock market dip, I believe that was a terrible idea and a decision that is unlikely to be salvaged by any future market correction.