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Originally Posted by LegendaryLars
http://www.planning.org/affordablere...bubble0603.htm
Yes well as an owner of a lot of california real estate its not liek I missed the boat. most fot he property I bought I got 5-6 years ago 
But I disagree with the baby boomer theory. Its sounds like a dot com pep rally in this thread hahhaha.
Oh and tell that to the people in TOKYO hahaha 20 years and teh real estate and stock market are still half or less of what they were. Hahahah the guy waiting for it to just come back up could be waiting a long fucking time.
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Funny you mentioned Tokyo... There was a guy who was a MAJOR re investor
who pulled out of all his properties in the states about 3 or 4 years ago. I mean he had 1000's of properties mostly in California I think.
I guess he's an idiot considering how much they've gone up since then right?
That, or he knew the crash was coming and made a conservative exit.