"The revival of consumers saving their money for retirement - rather than expecting their homes to provide the cushion - added with 'move down' buyers will depress real-estate prices."

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Mr. Market does not always price stocks the way an appraiser or a private buyer would value a business. Instead, when stocks are going up, he happily pays more than their objective value; and, when they are going down, he is desperate to dump them for less than their true worth.

— Benjamin Graham