Look at the fantastic job Dan is doing!!!, page-90

Am interested in real estate cycles too.

Last Oct sold most shares and bought
a house.

The property market is confused because
you just can't inspect and here we live with the 5k rule.

(I live on the beach, so half my range is wet)

Do think if mortgage holidays, and Fed jobshirker
payments are rolled back
a mortgage crunch could happen at Christmas.

Any excess supply over demand will
put pressure on prices.

So keeping some powder dry.

Of course, anything could happen.