Great for you on that, but you are a renter now, and hoping someone goes bankrupt so you can pick up their house cheap. That is not a winner in my book.
That is capitalism in its raw form. Buy low, sell dear.
You know, just because someone didn't sell at the top of the market doesn't mean they are going to lose money in the deal. I bought some stock back when it was $30 per share. It touched $45 per share earlier this year, though I held on. If I were to sell it today at $41, I guess someone could claim I lost $4, yet I would really make $11.
Just because Notary Sojac perceives a price as a "bargain" doesn't mean he's cheating anyone.