Thursday, February 09, 2006

I'm Losing X Per Day on My Home

Remember last summer when real estate cheerleaders were saying "My house is going up $300 dollars a day." Now, if prices go down 10% this year on a 700K San Diego home will people be saying "My house is losing $200 dollars a day." ?

NOPE. People have a tendency to boast and spread the word about their financial gains, but stay quiet about their financial losses.