Quote Originally Posted by HoneyBadger View Post
That's pretty ballsy to assume that the market will drop in a year or two. I wouldn't bet $50k on it.
It all depends on perspective. Personally, I think it's pretty ballsy to sink $50K into a house in certain real estate markets (CA comes to mind) when you know your investment horizon is pretty short and there's a decent chance of both regional and national recessions. I don't know if he thought of it but another reason for Mitt to pull out of the race is that the President in 2020 or 2021 will probably reap the consequences of Obama's malfeasance just as Bush inherited the fiscal house of cards that Clinton built up during the 90s.