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

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#1 Wed, Mar 27, 2013 - 12:31am
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?

https://www.testosteronepit.com/home/2013/3/18/housing-bubble-ii-but-thi...

Edited by: AstroTurd on Nov 8, 2014 - 5:01am