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Housing Bubble 2 Already Collapsing For The 99%


               
2014 May 28, 2:39am   707 views  2 comments

by Bubbabeefcake   follow (1)  

http://investmentwatchblog.com/housing-bubble-2-already-collapsing-for-the-99/#I7Crgd61riocfM2m.99

This is precisely what shouldnt have happened but was destined to happen: Sales of existing homes have gotten clobbered since last fall. At first, the Fiscal Cliff and the threat of a US government default remember those zany times? were blamed, then polar vortices were blamed even while home sales in California, where the weather had been gorgeous all winter, plunged more than elsewhere.

#housing

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1   Ceffer   2014 May 28, 4:22am  

There is no such thing as a housing bubble. Real estate only goes up. Get with the program, and buy now!

2   Entitlemented   2014 May 28, 4:43am  

Its not 99%, this time its 99.5%, next time greater.

Its a geometric progression.

As we outsource everything (thats left to outsource), and as the ratio of Fed/state/local/union employees ratio to private sector cumulative salaries continues to grow exponentially eventually we have the 0.1%ers looking at Austrailia and NZ.

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