The hard thing about real estate is that you never know when it's the peak or the bottom.

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Is that so?
I know it all, though.
It's always those armchair experts who haven't even bought a house
claiming it's the peak and that prices will crash.
But did those people
actually buy houses when fire sales appeared at 40% or even 50% off
compared to the 2022 peak?
Whether it's Moon Do-hyung or Kwang-soo, they all said it would drop further,
even claiming it would hit 2018 prices,
only to say "it's just the beginning" later.
And when the Cycle Research Institute was saying
Dunchon Jugong would go into negative premium (MP),
if they had the conviction to buy when it dropped 30-40%,
I would give them credit.
But they didn't even know it was the bottom back then, and they had no idea it would rise after that,
yet they talk about timing and predict the future
by saying "all that's left is for it to fall." It's pathetic.