“It is so funny to see people’s reactions when you say the market may go down. It is like you have offended them deeply; to their core.”

Tracy, as quoted by Garth, at greaterfool.ca 16 May 2011 – “I was telling someone today that my father sold his condo in North Vancouver. They asked me why he would sell, and I explained that the market had been up for a long time and that most likely it would go down in the future. The individual (from Vancouver) looked at me like I was a nut bar, as if absolutely insane, and told me that the market would never go down here. I stated that Ireland, California, all of these places of had seen a huge market drop. It is so funny to see people’s reactions when you say the market may go down, it is like you have deeply offended them to their core, and they talk as if they are the expert economist, even though they bought their property at the top of market.”