Money & Economics

Its all good.. Golden Age

 
  • Wow
Reactions: johnfitz
  • Love
  • Haha
Reactions: tigerwillow1 and johnfitz
 
  • Wow
Reactions: johnfitz
bigredfish said:
They may be able to artificially keep the markets up through Trumps term, (debt crisis probably won’t hit until he’s gone and he knows it) but I don’t see how the housing bubble lasts that long

Click to expand...


That MFer has my exact name!

Real estate price collapse has only occurred once in a hundred years. Prices tend to be sticky, with low sales volume until inflation finally eats away at the inflated prices. What would cause the bubble to burst, because it would have to be something fundamentally unsound like high-risk loans being bundled in with AAA rated debt. That should have been fixed following the last housing crisis.
 
  • Like
  • Wow
Reactions: bigredfish and johnfitz
redpoint5 said:
That MFer has my exact name!

Real estate price collapse has only occurred once in a hundred years. Prices tend to be sticky, with low sales volume until inflation finally eats away at the inflated prices. What would cause the bubble to burst, because it would have to be something fundamentally unsound like high-risk loans being bundled in with AAA rated debt. That should have been fixed following the last housing crisis.
Click to expand...

Location has a lot to do with it.
In FL we’re already seeing prices drop significantly.

I suppose home prices can keep going up forever, but I kinda doubt it. Between inflation at 4+% (and real inflation closer to 8%) , combined with wage growth bottoming out, you’re seeing the top 1-10% buying generally speaking. They will always be, but the bottom 90% is tapped out
 
  • Like
Reactions: johnfitz
Jobs 1/2 of expected

 
About that unemployment rate :rofl:

The numbers are always fake ..


 
You must log in or register to reply here.
Top Bottom