>>This is a false assumption, It is going to take real estate 10 years to recover, we have another 15% down easy. Overpriced, overbuilt.
>>
>>http://www.oftwominds.com/blogsept08/mark-to-maturity9-08.html?ref=patrick.net
>>
>>Paulson wants to buy these things at above market price (nice of him) with our money
>>
>>Think about it, if they were a great value and you just had to sit on it a while to make a large profit, Buffet would be buying, Paulson would be buying with his money. By the way, the sentiment won't change until the wall streeters stop taking their multi-million sign on packages, which isn't happening yet. It will be painful, but these greedy stupid people need to take their lumps, thats how the free market works.
>
>I read "need to take their jumps" and then remembered that you can't open most of the windows there... but they have those fancy terraces to jump from.

ROFL :)