Bryan (OK)
Sophomore Member
- Joined
- Jan 17, 2002
Amazing stories . . . thanks for the feedback Blue. This reminds me of the last boom-bust cycle in California. I remember stories of second mortgages against the inflated market values. Seems like lots of people were buying $80K Porshes and the like using equity, then lost it all in the trough.
Cycles happen, we sure do forget quickly. I would hate to experience the peak to valley side of that curve.
Cycles happen, we sure do forget quickly. I would hate to experience the peak to valley side of that curve.