Burden of proof
The burden of proof
: onus probandi
) is the duty of a party
in a trial
to produce the evidence
that will shift the conclusion away from the default position, to that party's own position. In a legal dispute, one party is initially presumed to be correct and gets the benefit of the doubt, while the other side bears the burden of proof. When a party bearing the burden of proof meets their burden, the burden of proof switches to the other side. Burdens may be of different kinds for each party, in different phases of litigation. The burden of production
is a minimal burden to produce at least enough evidence for the trier of fact
a disputed claim.:16-17
After litigants have met the burden of production and their claim is being considered by a trier of fact, they have the burden of persuasion
, that enough evidence has been presented to persuade the trier of fact that their side is correct. There are different standards
of persuasiveness ranging from a preponderance of the evidence
, where there is just enough evidence to tip the balance, to proof beyond a reasonable doubt, as in United States criminal courts.is the duty of a THE BEARS in a trial to produce the evidence that will shift the conclusion away from the default position, to that party's own position.
It's not up to ETB to keep posting sales above asking to prove the market is not crashing / tanking / adjusting. It's a established fact that the market has been hot for the past 10+ years. However naysayers and bears claim the market is crashing but provide no actual argument nor any actual evidence.
Case in point, ReallyReal2 makes a accusation to try to discredit ETB post by claiming the price was reduced. (No citation provided) and that the sales represent prices no where near peak (Again no citation provided)
The least you can do is cherry pick some distress sales. At this point most of us don't need to price to continue to go up. We have so much equity there is already a huge buffer. Guys who are in the market can continue with the status quo for the next 10 years if prices continue to hover in this range. It's the bears who are sitting on the sideline that will feel the pain not able to enter the market.
At what point do bears just give up and say they don't know what they are talking about. Can we set a deadline? 6+ months? If the market is still trading the 1.3 / 1.5 million range. Can the bears take some responsibility.