Quote:
Originally Posted by SumAznGuy
4444 was a finance guy. Re-reading some of his comments, he wasn't wrong per se about fundamentals, but the world has really changed.
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Can anyone offer a tl;dr of his argument from 10 years ago about the state of real estate? At the time I remember lots of talk around how the fundamentals will eventually turn the tide and that's what I went along with but today it seems we grossly underestimated how deep the supply challenges (and they are huge) and how our language should be around affordability rather than the price itself. It seemed that back then no one talked about the crisis in supply at all.
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Current: 2019 Acura RDX
Gone: 2007 Acura TSX, 2008 Mazda 3 GT, 2003 Mazda Miata LS, 2008 Mazda Miata GT PRHT, 2003 Mazda Protege 5
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