This Market is Broken - the whole thing

[Tom Conant]

Hey Everyone, As a recent college grad with a finance degree and a knack for real estate investing, it is striking to see what is going on in the housing market. Before I delve into why I believe this, I wanted to run it by the best RE resource on the planet. All of you guys. What do you think? I think that previously used metrics to determine quality long term investments don’t add up anymore. For instance, there is no sustainable economic phenomenon that can prop up this economy or real estate market, right? It’s all wrapped up in retail debt which in my opinion is wayyyyyyyy scarier than the 2008 fiasco. Thoughts please! I am really excited to hear what you people have to say! Thanks for taking the time to respond. Tom

[Russell Brazil]

Half of investors always think the sky is falling, and the other half always think prices can only go up.  Both sides are right and both sides are wrong, and usually not for the reasons they think.