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You could be right.Dont think they are very smart if they are in right now.
WHen the market crashed last time, it was 2006. Prices didnt bottom out until around 2009. Thats when the investor came in like hoards of vultures and bought up houses like crazy. I dont know any investors that are currently buying. Most of those that bought between 2009 and 2011/12, are slowly selling them off now and cashing in huge.
I read an article in WSJ last week about how it's become a really big thing recently. Maybe they're wrong; I'm sure it wouldn't be the first time.
In any event, FUCK YOU, PETER!