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Haha. Looks like bubble is going to pop. Hey, at least they are opposing the bubble not like the sheeps here that accept it as the way of life and give in to 30 year slavery.
Bubbles generally last longer than most people expect them to. Plenty of people were calling the peak in 2003-2004.
Plenty of people called peak in gold last year.
i wouldnt say rising cost of living necessarily indicates a bubble.
sometimes its just supply and demand that drives prices up.
Not having money is slavery. I'd camp among those young hot chicks any day.
http://www.youtube.com/watch?v=PTMfIuTCzSY&feature=related
here is a better video explaining whats going on. Its not a bubble just rising cost of living and wages not keeping up with rents.
wages not keeping up with rents.
and in USA wages did not keep up with the house prices and so the correction and is still correcting.
You are biased because your business is renting out. Talk to me 40 years from now.
http://www.youtube.com/watch?v=1Cp3RV8imZo
although pitching a tent is always an option so I guess its not true slavery.