Property Stories Loss Aversion: Why Do People Fail To Act During Downturns

  • May 15, 2020
  • 9 min read
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Reuben

Reuben is a digital nomad gone rogue. An avid traveler, photographer and public speaker, he now resides in Singapore where he has since found a new passion in generating creative and enriching content for Stacked. Outside of work, you’ll find him either relaxing in nature or retreated to his cozy man-cave in quiet contemplation.

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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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