I remember every detail because it was so painful for me. We had our starter house near High Park, with two kids and one almost popping out. We wanted a bigger house and looked for months. The price of our little house at the top of the boom was $265 thou. No offers. The big crash was in progress. I kept reducing the price, knowing that the bigger houses were also crashing. I aggressively reduced right down to $200, and got an offer from new buyers who were going to split the house. With this in hand, we went after a house priced at $300, and had the agent nail them about the crash, and they hadn't sold in a year.
We made the deals and survived the crash. On the other hand our investment guy decided to go all Kruger on us and dumped a rental investment on us that was worthless, and we lost a lot of money. Got most of it back with a lawsuit, and income tax. Yeah! This was the life of a crash.
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