GeneralLoss Aversion: Why Do People Fail To Act During Downturns

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  • May 15, 2020
  • 9 min read

Reuben

Reuben is a digital nomad gone rogue. An avid traveler, photographer and public speaker, he now resides just outside of Singapore where he has since found a new passion in generating creative and enriching content for Stacked Homes. Outside of work, you’ll find him meowing along with his kittens (much to the annoyance of his poor wife) and sipping greedily on Teh Peng.

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Peter
Peter

Excellent piece Reuben. I was looking to buy during the 2008 crisis being several years into my career and looking to start a family soon. I was lucky enough to be able to consider buying a condo then, but the crisis hit my workplace quite badly. While I managed to retain my job there, there was just too much uncertainty to make a purchase. While the crisis unfolded, it was hard to see the bottom – like it is now with Covid-19. Back then before Lehman Brothers collapsed, news after news just kept coming out like never before. My wife… Read more »

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