Search results

You don't need to own 5, I'm sure plenty own 2,3,4, etc and a few own 10+. You agreed with me on the "who would sell all at once". That's the point I'm making, there's little reason to cause a crash. At least at this stage. If things get a little ridiculous though, anything is possible I guess.

See_change and MTR often offer insightful & informational input in their posts. They're also consistent and have great experience/knowledge to back everything they say. I consider them forum heavyweights. I mean people who are high value to the Somersoft forums (personal opinion). If you mean...

I am very happy that I had two forum heavyweights chime in :) @see_change: I do not mean to insinuate you're greedy. The intention to make a profit is similar to a business, there is no emotion in business decision making, only return on investments. It has nothing to do with greed. I only...

To define hoarding houses: Purchasing multiple houses with no intention of selling but every intention of further purchases To define en masse: multiple people doing this. As I said, theres little incentive to sell houses unless interest rates rise. Theres plenty of disincentive to sell...

Very interesting Zos, it makes sense that it wouldn't "pop" since you don't have "external" non standard influences (like false credit reporting and the creation of "fake money" a la GFC). Does anybody remember the catalyst(s) that caused the drop in 2003 after a recent boom? Was it simply the...

Hi, saw a similar question in another thread and would love some historical insight from some of the more experienced fellas. My simplified theory is these cycles always happen when people are able to "hoard" houses en masse, effectively creating an artificial(?) supply choke and raising...