Good Update on Housing Bubble 2 (details why it is happening)

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AstroTurd
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Good Update on Housing Bubble 2 (details why it is happening)

Being a former home-owner and now a renter, I need facts to keep me off the emotional (i.e. read lie) roller coaster of "Oh no, I missed out AGAIN!"...  this article, in good detail, exposes why prices have leaped, the market is so 'hot', etc.

I welcome comments for discussion.  I have heard during depressions rent is quite low, it's food and essentials that are expensive.  Yet I wonder, if we get into a really bad depression, will anyone care if I squat in the house I own and pay nothing on the loan?  Will Obama kick millions out of their homes?

http://www.testosteronepit.com/home/2013/3/18/housing-bubble-ii-but-this-time-its-different.html

Edited by admin on 11/08/2014 - 06:01

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