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Originally Posted by CoachKandSportsguy
LOL! since the inception of ZeroHedge, the owner of the site has always posted under the pseudonym Tyler Durden. . nothing new but the tone of the site and the author's desires. The site publishes all negative finance and other provocative articles from many anonymous or not sources. .  appeals to those whose brain overemphasizes negative than positive news, or susceptible to conspiracy theories.
And if you think this web site only posts serious or quality news and only serous news and not pot stirring low quality news at times. . .  |
Interesting. As Sir Winston Churchill once so famously noted, “a lie can get halfway around the world before the truth can get its pants on”.
I’m no businessperson (thank goodness my wife is) but a whole lot of these prognostications smack not of fact and truth but instead, wishful thinking. Those who may be envious of acquaintances or neighbors who own rental properties (airb&bs included) may tend toward the “bubble” popping. House-flippers may tend toward the price increase side of things. And so on. It is called confirmation bias and we all engage in it to a point. We may WANT something to happen, so we gravitate toward those “experts” whose predictions line up with what, consciously or unconsciously, we desire.
For myself, I’m neutral. If my neighbor makes a bundle renting out four or five houses that he had the foresight to buy over the last ten years, more power to him. I dabbled in that market a few years back but am too darned old to even think about going through the headaches associated with it again.
A rising tide lifts all boats.