With Interest Rates Declining Another Housing Bubble Likely

[william the wie]

The left coast will lead the parade as has been traditional since @ 1933. A bubble if it comes will be much smaller than the series of bubbles that revived Erik Estrada's fortunes. The 1976 S & L crisis to the 2008 meltdown means that no one born in 1955 or later has any memory of a non-bubble/bust real estate market. The only saving grace this time around is fixed rate financing. What will happen this time is unknown. What's you guess as to what will happen?

 

[Tijn Von Ingersleben]

Yeap...and Blurmpf is pushing for more QE to boot. Talk about inflation.

 

[Oddball]

Buyer's and flipper's market!

 

[Paulie]

Buyer's and flipper's market!

Yeahhhhh buddy!

 

[Moonglow]

It matters not what the market does one must be able to pay the mortgage by earning money..

 

[Indeependent]

Huge mortgages not hampered by Off-Shoring, Business Visas and clamping down on Illegals.
Might be sustainable.

 

[Paulie]

It matters not what the market does one must be able to pay the mortgage by earning money..

It matters a lot because if you're upside down on your mortgage you only have 2 ways out either you keep paying it or you foreclose. If you have equity because the market strengthens then you have more options available to you