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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 10:13 am to AUsteriskPride
Posted on 1/22/18 at 10:13 am to AUsteriskPride
quote:
quote:
Me and the wife bought our 1st new home in 1991 for $67k, that house today would be over 120k for a resale, over 130 new.
Relatively speaking, that would be a reasonable price increase when considering inflation.
Yeah, I'm not sure what he was getting at in relation to the thread. That doesn't strike me as some sort of "bubble" indicative increase.
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