I was a student up until 2009; watching people talk about buying houses for 50K and selling them for 100K, everyone talking about easy money.

I knew things were bad when a friend of my sister was complaining that her father(a building framer) was not able to get a loan for a 500K house, something that his colleagues had been able to get. It took another 6 months before the collapse started to hit and the banks when up.

Timing is hard.