Price Bubble

What do you think made you to buy your house at a maximum price in the housing bubble?

And if they continue to make payments top dollar and sometimes up paying taxes on the dollar in it, you will be kicks that only a few years, your house is worth half if not less than was originally estimated?

You are kidding ourselves if we think that people can confidently predict when housing prices are inflated. It is much easier to see things with the perspective of time. I bought my current house of 88,000 in 1980 when the houses were too expensive. I knew that, but I also needed a place for my family increasing to live, and thought it would work in the long term. A year later he would have struggled to sell the house to 75,000. Today, after the fall current prices it is sold at about 375,000.