Obviously, like this one.
I have been saying this for two months here on FR. Many people have said I was nuts. But the housing bubble is just starting to break. I posted a comment two days ago warning that California may face a similar fate soon and that right now housing is at it tip-top peak. Again, people were telling me I was wrong.
7 posted on Tuesday, October 07, 2003 3:58:13 AM by ex-Texan
Remind me, clown boy, was California real estate "at it tip-top peak" in October 2003? Or was he lying?
EX was a bit premature on the peak of Cal real estate, but he noticed the preposterous runup, and the eventual crash before anyone else I know. He and I were high level bankers at
that time in the fall of 2003, and we both knew that a crash would ensue. Around mid 2006, we warned many FReepers to cease speculating in California and Nevada real estate, and to sell any spec real estate immediately. We were spot on, and we were mercilously flamed by the likes of you, and a few others, who no doubt, lost most if not all of their “investment” property.
Over the years, EX-TX has been right at least 90% of the time in his financial prognostications. Yours would fit nicely in a thimble ;-)