Fool me once, shame on you.
Fool me twice, shame on me???
What's missing from the picture is confidence. We've become a lot like our parents who grew up in the Depression. My father in law was absolutely terrified of debt. Taking out a loan practically gave him nightmares.
Security is a priority for a lot of people now, because we know first hand what it's like to have it all taken away. Rolling the dice is getting harder and harder to do, and still get a good night's sleep. As the prices get higher, instead of encouraging people to buy, it's scaring them off because there is so much more at stake.
Fool me twice, shame on me???
What's missing from the picture is confidence. We've become a lot like our parents who grew up in the Depression. My father in law was absolutely terrified of debt. Taking out a loan practically gave him nightmares.
Security is a priority for a lot of people now, because we know first hand what it's like to have it all taken away. Rolling the dice is getting harder and harder to do, and still get a good night's sleep. As the prices get higher, instead of encouraging people to buy, it's scaring them off because there is so much more at stake.
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