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Old 28-07-2019, 07:22 PM   #1567
momoeagle
Senior Member
 
Join Date: Nov 2007
Posts: 1,311
"Missed the boat" concept is frequently used by agents to instill fear in buyers. I do not support this phrase at all. Buy when you need a home and can afford investment properties.

Prices from 2013 to 2017 were stagnant and there was no oversupply. What were you waiting for? For a crash?

That said, the sudden 20-40% spike in new launch prices is indeed very hard to digest and hard to reason.
In stocks, there is something called pump and dump.

Pump and make everyone fomo.
Then dump... cuz prices are now "cheap".

It's really interesting
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