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How many will lose their shoes when the bubble burst? No one experienced any real estate problems since ~ 2006?
deepcgi
2014 Jun 21, 12:01pm
The longer we hold back the inevitable flood, the worse will be the torrent when the threshold breaks. I would be backing away from the dam, however near it you are.
tatupu70
2014 Jun 23, 3:28am
Existing home sales up.
http://finance.yahoo.com/news/comes-existing-home-sales-133500288.html
Another top notch prediction from Bubba.
Read more at http://investmentwatchblog.com/the-next-shoe-to-drop-in-the-real-estate-bubble/#SrZtuaAi1PovJhTq.99
Read? It's a video.
deepcgi
2014 Jun 26, 12:49am
Why? Why should it keep going up, everywhere? Because it haas been. They are not making anymore land, but they sure as hell are making more houses.
Speculation. Baby boom curve. Fractional reserve banking.
Sounds like BS to me. Who puts $500 down and pays above 10 or 12% interest rate? and this happening in the 10 of thousands? in butt hole indiana? where? Homes like that don't exist in highly populated areas where affordability is non existant. There are no links it's speculation.
The Next Shoe To Drop In The Real Estate Bubble
Read more at http://investmentwatchblog.com/the-next-shoe-to-drop-in-the-real-estate-bubble/#SrZtuaAi1PovJhTq.99
#housing