The floor is in. A certain family member just sold, the poor bastard.
Could be. Had someone I know swallow a 50% loss and leave. The problem of course is they arent coming back any time soon so where the fresh money will come from?
Fuck them. It's called weak hand, because it appears that they failed or refused to plan for down.
Of course, this down is a bit much, but if we buy during a pump, we have to expect that the pump could reverse.
We will see them back in about 2-5 years, perhaps, and maybe even less when they are buying when the price goes between $25k and $50k..