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re: Lets talk about the housing bubble
Posted on 3/1/18 at 11:24 am to cokebottleag
Posted on 3/1/18 at 11:24 am to cokebottleag
Not sure we are still in a bubble. Think the bubble really broke with the mortgage crisis in 2008-2009. I will say that housing prices haven't risen that much in the last 6-8 years. Some of the prices are pretty flat for homes that are 10-15 years old.
Maybe there is a bubble right now in a lot of areas. In Houston there does not seem to be one. Not saying there isn't but wife is in real estate with Gary Greene so I hear about days on market, price trends, new home incentives, etc...
Maybe there is a bubble right now in a lot of areas. In Houston there does not seem to be one. Not saying there isn't but wife is in real estate with Gary Greene so I hear about days on market, price trends, new home incentives, etc...
1
Posted on 3/1/18 at 11:29 am to Tridentds
quote:
Not sure we are still in a bubble. Think the bubble really broke with the mortgage crisis in 2008-2009. I will say that housing prices haven't risen that much in the last 6-8 years. Some of the prices are pretty flat for homes that are 10-15 years old.
The bubble in 2008 was a financial bubble caused by bad loan practices and fraudulent management of mortgage bonds, not related to low interest rates.
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