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<blockquote data-quote="bbsam" data-source="post: 745368" data-attributes="member: 22662"><p>I agree and would add that people were looking at their home as an investment. Not bad in itself, but it was an investment with the underlying belief that the investment would always increase in value. Mama's logic 101 says too good to be true is false. Therefore the housing bust is simply that investment taking a hit, just like every investment has highs and lows.</p></blockquote><p></p>
[QUOTE="bbsam, post: 745368, member: 22662"] I agree and would add that people were looking at their home as an investment. Not bad in itself, but it was an investment with the underlying belief that the investment would always increase in value. Mama's logic 101 says too good to be true is false. Therefore the housing bust is simply that investment taking a hit, just like every investment has highs and lows. [/QUOTE]
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