Quote:
Originally Posted by sonick
Also for the age a lot of us on this forum reading this thread, in our 'adult' lives we have only experienced a world of low interest rates and increasing real estate value, many of us have never experienced a market correction or "normal" interest rates.
From reading the GreaterFool.ca, this quote stood out for me:
|
Yeah, but your parents would have known about it and by extension, you. I was only a kid but I still remember the 8 year downturn period in the 90s.