It’s very very easy for a lot of people to use the classic argument about your $5 latte and similar items that you may or may not enjoy.

According to the classic Rich Dad Poor Dad, Robert Kiyosaki says your home is not an asset.

@Jamie FankhauserI’m sure you already read it because it is a classic, but the 7 Habits of Highly Effective People is by far the book that changed my perspective both in my personal and business life.

Honestly, "the crash" is going to come when we all least expect it, kinda like the pandemic 🦠.Graphs are great predictors but remember the classic disclaimer in investments: "past performance is not indicative of future results"Best we can do as RE Investors is to buy assets with the lowest leverage possible, and the best we should do as human beings is to live our best lives knowing anything is possible, literally and figuratively anything! 

But they're not, and so your comparison is nothing but a classic false equivalence. 

It's the classic "desperate seller".

Even with a 1031, what if the timing is off and prices remain high or increase during the search period.This is classic speculating.

I’ll listen then hit them with the classic line did you call the Property Manager ?

This is an interesting story, which could probably be a classic American greed episode OR the most naive Real Estate Investing story ever! 

I'm sorry, but this is just classic Dunning-Kruger.