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re: Drudge linked, Economist on housing bubble: We never left the bubble, its bubble inception

Posted on 1/22/18 at 10:00 am to
Posted by Redleg Guy
Member since Nov 2012
2536 posts
Posted on 1/22/18 at 10:00 am to
Housing market falling out again would suck. Many are still recovering from the last one.
Posted by boogiewoogie1978
Little Rock
Member since Aug 2012
17060 posts
Posted on 1/22/18 at 10:03 am to
People are overvaluing and overpaying for homes. I look at a lot of these prices and wonder how so many can afford such high prices.

In short, they can't. Something has to give.
Posted by McLemore
Member since Dec 2003
31538 posts
Posted on 1/22/18 at 1:03 pm to
quote:

Many are still recovering from the last one.


raises hand. some stuff has recovered fully and then some (a lot of some). Other stuff seems permanently effected if you chart it out from 2005 to present.
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