SOMETHING I'M FAMILIAR WITH

Here's a WSJ article  talking about cash buyers of homes, especially in South florida-My home! We were just a cash buyer of a home, but the reasons weren't because we felt the market bottomed, we weren't looking for the market bottom but a good deal and something we could afford because, we felt the economic times ahead weren't going to get better. We are part of the crowd that is De-leveraging, trying to remove payments as the future of inflation and the economy look very uncertain to us, so in that regard-I personally disagree with motivations of some, but of course not all. South Florida is also very seasonal and anyone with some money from up north can find that second home to winter over at a reasonable price. Anyway, it's an article that hit close to home so here it is (really no pun was intended).