Your irrational fear is suggesting you make decisions that have a far worse potential outcome than would presently exist if you did nothing going forward.

Basically, lots of (irrationally) positive thoughts.

I'd love to know how they built their models to generate that rating, but they're not saying.Regardless, you end up with large pools of asset backed debt being highly rated by and purchased by those who don't fully understand the nuances of the underlying asset class -- add in a little bit of "irrational exuberance," and just a small shift in the real estate market can start a domino effect that takes us back to 2008.As they say, only the names have changed...

He highlighted the housing price (irrational) appreciation when he wrote this book in 2000 - 2001 which has come true.

fortunately, the bank never lowered my limit, they just denied my request for upping my limit multiple times.I believe the biggest thing to take away is the banks, to some degree, run on irrational fear.

I don’t mention these rules to tenants but after a few irrational phone calls they get the idea and start leaving me alone. 

It isn't irrational to expect some sort of correction especially if price increase is severely outpacing wage growth.The Vancouver HPI (composite) increased some 22% between 2010 and 2015.

That is why it is imperative that we start now (should have started before now, actually) and that we avoid some of the pitfalls and dangers of haste decision making and irrational judgements with regard to investing.

As this all relates to most on BP there is an irrational exuberance that just owing rentals will set you financially free which is promulgated on this site and by guru's nationwide.. and while yes it can happen.. but not everyone is a winner not everyone can make land lording work.. 

Then you have the government influence via tax policy and involvement in the mortgage market.Maybe the art market is more irrational, but I think in comparison to most markets Real Estate will not be an efficient market.