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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 12:46 pm to 50_Tiger
Posted on 1/22/18 at 12:46 pm to 50_Tiger
quote:
Check out the house I just linked. 08 - $77 sqft 18 - $117!!!!!
Does that market support better than a 5% appreciation rate?
Where I'm looking is flat. At the upper end of my budget, there aren't many buyers (
) - why? Because most people with that kind of money already live in the house of their dreams. So, I'm holding all the cards - I just can't buy a house, hate it then have to sell it. I'm getting too old for that.
1
Posted on 1/22/18 at 12:49 pm to Ace Midnight
quote:
Does that market support better than a 5% appreciation rate?
This is the million dollar question. Right now the answer might be yes, but for how much longer?
quote:
Where I'm looking is flat. At the upper end of my budget, there aren't many buyers ( ) - why? Because most people with that kind of money already live in the house of their dreams.
So, I'm holding all the cards - I just can't buy a house, hate it then have to sell it. I'm getting too old for that.
I am only 31 lol.
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